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Germany Data Backup and Recovery Market Industry, Demands, Growth Factors, Emerging Trends and Forecast to 2025

02-14-2020 12:26 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Germany Data Backup and Recovery Market

Germany Data Backup and Recovery Market

Germany data backup and recovery market is estimated to grow considerably at a CAGR of 10.2% during the forecast period. The country is a developed economy and the penetration of mobile phones and internet is high in the country. Higher the number of internet-enabled devices, higher the requirement of data backup and data servers. An average number of secure servers used are highest in the country among all major economies all across the globe. As per the World Bank, there were around 56,391 servers per million people in 2018 as compared to nearly 4,300 per million people in 2015. It is expected that significant growth in data servers and data backup will be observed during the forecast period in the country.

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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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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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