Press release
France Data Backup and Recovery Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2025
France data backup and recovery market is estimated to grow considerably at a CAGR of 9.1% during the forecast period. France is one of the leading economies and technologically advanced country in Europe. As the number of smartphones will increase, the market of cloud services, security, data backup and services will also augment in the region. As per World Bank, secure internet servers have increased to 20,414 per million in 2018 as compared to 1,900 per million in 2015 in the country. France government has its data localization law, which mandates that the personal data of the French people should be stored in the data center situated in the European Union.During the internet usage, there are various loopholes where users can lose their personal information and can become vulnerable to cybercrimes. The loss of data will motivate people in future to adopt data backup and recovery software/services to retrieve the lost data. As per Eurostat, the people in France have less awareness of managing personal information. Out of total internet users in France, 71% use the internet over smartphone and 3 out of 4 people have provided their personal information on mobile phones. Moreover, only 1 out of 5 read the privacy policy statement that is provided to them before accepting it. This lack of awareness in the people causes a big risk to their data and a high possibility of data misuse, theft, and temporary or permanent loss. This generates a major need for effective data backup and recovery solutions, thereby providing ample opportunities for the market growth.
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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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Data Backup and Recovery Market Segmentation
By Deployment Type
· On-premises
· Cloud-based
By Application
· Media Storage
· E-mail Storage
· Application Storage
Company Profiles
· Amazon Web Services, Inc.
· Atempo
· Barracuda Networks, Inc.
· Broadcom Inc.
· Dell, Inc.
· Hewlett Packard Enterprise Co.
· IBM Corp.
· Microsoft Corp.
· NetApp Inc.
· Oracle Corp.
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