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Western Europe Cloud Disaster Recovery as a Service (DRaaS) Market Size and Forecast by Service Model, Deployment Model, Industry, Organization Size, Use Case, Pricing Model, Recovery Time Objective (RTO), Recovery Point Objective (RPO), Service Provider Type, Compliance and Certification, and Region: Statistics | 2019-2032

  July 2024   | Format: PDF DataSheet |   Pages: 160+ | Type: Sub-Industry Report |   

 

Western Europe Cloud Disaster Recovery as a Service (DRaaS) Market Growth and Performance

  • In 2023, the Western Europe cloud disaster recovery as a service market was valued at US$ 1.93 Billion, reflecting a year-on-year growth rate of 11.9%.
  • By the end of 2032, the Western Europe cloud disaster recovery as a service market size is forecast to reach US$ 13.59 Billion, registering a CAGR of 24.0% during the forecast period.
  • In 2032, the managed DRaaS segment is projected to experience a significant upsurge in market revenue, reaching US$ 8.02 Billion. This segment is likely to be the largest segment, with 58.6% market share.
  • In terms of spending on associated solutions and services, IT and telecom sector dominated the cloud DRaaS market in Western Europe in 2023.

Western Europe Cloud Disaster Recovery as a Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2024

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Service Model

Managed DRaa

Self-Service DRaa

Assisted DRaa

Deployment Model

Public Clou

Private Clou

Hybrid Clou

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprise

Mid Enterprise

Small Enterprise

Use Case

 Data Center Recover

 Application Recover

 Workload Mobilit

 Virtual Machine Recover

 File and Object Recover

 Network Recover

Pricing Model

Subscription-Base

Pay-As-You-G

Usage-Based Billin

Recovery Time Objective (RTO)

Less than 1 Hou

1-4 Hour

4-12 Hour

More than 12 Hour

Recovery Point Objective (RPO)

Real-Time Recover

Near Real-Time Recover

Daily Recover

Weekly Recover

Service Provider Type

Cloud Service Provider

Managed Service Provider

Telecom Service Provider

Compliance and Certification

ISO 2700

HIPA

SOC

GDP

PCI DS

Western Europe Cloud Disaster Recovery as a Service Industry: Regional Coverage

 

Countries

Western Europe

U

German

Franc

Ital

Spai

Benelu

Nordic

Rest of Western Europ
*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

Western Europe Cloud Disaster Recovery as a Service (DRaaS) Market Growth and Performance

  • In 2023, the Western Europe cloud disaster recovery as a service market was valued at US$ 1.93 Billion, reflecting a year-on-year growth rate of 11.9%.
  • By the end of 2032, the Western Europe cloud disaster recovery as a service market size is forecast to reach US$ 13.59 Billion, registering a CAGR of 24.0% during the forecast period.
  • In 2032, the managed DRaaS segment is projected to experience a significant upsurge in market revenue, reaching US$ 8.02 Billion. This segment is likely to be the largest segment, with 58.6% market share.
  • In terms of spending on associated solutions and services, IT and telecom sector dominated the cloud DRaaS market in Western Europe in 2023.

Western Europe Cloud Disaster Recovery as a Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Service Model

Managed DRaaS

Self-Service DRaaS

Assisted DRaaS

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

Use Case

 Data Center Recovery

 Application Recovery

 Workload Mobility

 Virtual Machine Recovery

 File and Object Recovery

 Network Recovery

Pricing Model

Subscription-Based

Pay-As-You-Go

Usage-Based Billing

Recovery Time Objective (RTO)

Less than 1 Hour

1-4 Hours

4-12 Hours

More than 12 Hours

Recovery Point Objective (RPO)

Real-Time Recovery

Near Real-Time Recovery

Daily Recovery

Weekly Recovery

Service Provider Type

Cloud Service Providers

Managed Service Providers

Telecom Service Providers

Compliance and Certification

ISO 27001

HIPAA

SOC 2

GDPR

PCI DSS

 

Western Europe Cloud Disaster Recovery as a Service Industry: Regional Coverage

 

Countries

Western Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Rest of Western Europe

 

 

 

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