The Europe Disaster Recovery as a Service Market would witness market growth of 25.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Disaster Recovery As A Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,643.9 million by 2031. The UK market is exhibiting a CAGR of 24.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 26.3% during (2024 - 2031).
The cost efficiency and pay-as-you-go models of DRaaS have made it a preferred choice for businesses looking to ensure business continuity without the heavy financial burden of traditional disaster recovery solutions. Unlike CAPEX-intensive approaches that require large upfront investments in hardware, data centers, and IT teams, DRaaS operates on an OPEX model, allowing businesses to subscribe to disaster recovery services without maintaining costly infrastructure.
The pay-as-you-go pricing model provides financial flexibility and scalability, guaranteeing that enterprises are charged solely for the resources they utilize. This model is especially advantageous for companies with fluctuating demand, such as e-commerce businesses that experience seasonal spikes in traffic or rapidly growing startups. With metered billing based on factors like storage usage, recovery speed, and geographic redundancy, businesses can optimize costs while ensuring they have the right level of protection.
The increasing frequency of cyber threats, digital transformation initiatives, and strict data privacy regulations have positioned Europe as a major Disaster Recovery as a Service market. As industries embrace automation, cloud computing, and AI-driven technologies, the need for real-time disaster recovery solutions to mitigate cyber risks, data breaches, and system failures has intensified. Germany, known for its strong industrial base, saw manufacturing contribute approximately 23.4% of GDP in 2021, according to the Federal Statistical Office (Destatis). The integration of Industrial IoT (IIoT), AI-driven predictive maintenance, and cloud-based DRaaS platforms is becoming a standard practice to safeguard critical manufacturing data from cyber risks, system failures, and operational disruptions. The rising number of cybersecurity breaches and data loss incidents in Europe is driving substantial investments in disaster recovery solutions. Thus, as European industries increasingly embrace cloud-based infrastructure, AI-driven automation, and hybrid IT environments, the demand for DRaaS solutions is expected to grow significantly.
Free Valuable Insights: The Global Disaster Recovery as a Service Market will Hit USD 70.53 Billion by 2031, at a CAGR of 25.7%
Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Service Type, the market is segmented into Recovery & Backup Services, Real-time Replication Services, Data Protection Services, and Professional Services. Based on Provider, the market is segmented into Cloud Service Providers, Telecommunication Service Providers, and Managed Service Providers. Based on End-use, the market is segmented into BFSI, IT & Telecommunication, Retail & Consumer Goods, Healthcare, Government, Media & Entertainment, and Other End-use. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Deployment
By Service Type
By Provider
By End-use
By Country
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