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Germany Data Backup and Recovery Market Industry, Demands, Growth Factors, Emerging Trends and Forecast to 2025
Germany Data Backup and Recovery Market
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The companies which are contributing to the growth of Germany data backup and recovery market include Amazon Web Services, Inc., IBM Corp., Oracle Corp., Hewlett Packard Enterprise Co., and Microsoft Corp.
The market is segmented on the basis of deployment and application. Based on deployment, the market is further classified into on-premises and cloud-based. Among these, cloud-based data backup and recovery is estimated to witness significant growth during the forecast period. As, the cloud-based data backup and recovery platform offer flexibility, cost-effectiveness, easy accessibility, better efficiency, reliability, and ease of use. As a result, the enterprises are shifting towards cloud platforms to manage, store and recover data. Based on application, the market is further classified into media storage, email storage, and application storage. Media storage held a significant share in the market in 2018 owing to a large amount of media storage data coupled with the emerging adoption of mobile devices, such as smartphones and tablets.
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In Germany, the total mobile cellular connection in 2017 was 106 million which is 132 per 100 inhabitants. As per the ITU, total internet penetration in 2018 was around 90% of the total population. The consumption of cloud-based devices in the country is high. As per statistics provided by Eurostat, in 2018 most of the people in Germany use at-least two devices to operate the internet. 80% of the people remain connected to the internet through mobile phones and 65% of people use a desktop for use of the internet. Along with this, the stricter regulation will augment the demand for better data servers and more secure backup facilities in the country, thereby augmenting the market growth.
The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.
Germany Data Backup and Recovery Market Segmentation
Germany Data Backup and Recovery Market by Deployment Type
o On-premises
o Cloud-based
Germany Data Backup and Recovery Market by Application
o Media Storage
o E-mail Storage
o Application Storage
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