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The Europe Data Recovery as a Service Market would witness a market growth of 12.0% CAGR during the forecast period. Enterprises could looking into virtual cloud space to store large data and gain access to the same from various servers, to be accessed from anywhere in the world. Data recovery cannot be a guaranteed process and could completely depend on the condition in which data is lost or deleted. Deleted or formatted files could be recovered, as long as it's not been overwritten or malfunctioned by virusTrojan programs.
There are other instances where data recovery can be unsuccessful and they are in case of severely damaged storage device, stored location has been missing or cannot be located by recovery program, deleted or lost files is too old to recover, physically failed storage device with damaged magnetic area, data has been overwritten, and heavily infected files and folders making the file header information inaccessible. Based on the type, the Data Recovery as a Service market is segmented into In Lab Recovery, Data Recovery Software and RAID and Server Recovery. The Applications covered in this report include Media Storage Recovery, Email Recovery and Application Recovery. The end users highlighted in the report includes Personal and Commercial.
The Commercial segment includes Banking, Financial Services, & Insurance (BFSI), Manufacturing, Retail & Wholesale, Telecommunication & IT, Media & Entertainment, Healthcare, Government, Education, others (Transportation & Logistics and Others). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, Rest of Europe. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Hewlett Packard Enterprise (HPE) Company, Dell Technologies, Inc., Commvault, Acronis, Inc., Netapp, Inc., Amazon.com, Inc. (Amazon Web Services), Unitrends, Inc., Seagate Technology Plc., Stellar, NTT Data Corporation and R3DataRecovery.