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The Europe Data Backup and Recovery Market would witness market growth of 10% CAGR during the forecast period (2017 - 2023). The data backup process encompasses copying and archiving enterprise data, as data can be accessed in case of deletion or data corruption. Data backup and recovery solutions are offered in various customized software forms and as a service, which is popularly known as Backup-as-a-Services (BaaS). Disaster Recovery-as-a-Service (DRaaS) is a pivotal technology used in instances where there is a threat to an organization.
DRaaS is used to protect and recover enterprise data from various threats, manmade or natural. Protecting data is vital for enterprises and consumers, and the cloud-based disaster recovery service helps in reducing operational and capital expenditures. The demand for reliable data backup and recovery software solutions would influence the digital transformation and data protection across verticals. Based on Type, the market report segments the market into Software and Services. Software includes Data Replication, Data Reduction, and Data Retention. Services include Professional and Managed Services. Based on Application, the market report segments the market into Media Storage Backup, Application Backup, and Email Backup.
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Based on Deployment Type, the market report segments the market into Cloud and On-Premise. Based on Organization Size, the market report segments the market into Small & Medium Enterprises and Large Enterprises. Based on Vertical, the market report segments the market into BFSI, Government, Manufacturing, Healthcare, Media & Entertainment, Retail, Telecom & IT, Education, and Others. Based on Countries, the Data Backup and Recovery market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe. The market research report covers the competition analysis of key stakeholders of the Data Backup and Recovery Market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Oracle Corporation, Hewlett Packard Enterprise (HPE) Company, CA Technologies, Inc., Dell Technologies Inc., Commvault, Acronis, Inc., Netapp, Inc., and Unitrends, Inc.