Disaster Recovery as a Service - Germany

  • Germany
  • Revenue in the Disaster Recovery as a Service is projected to reach US$0.65bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.92%, resulting in a market volume of US$1.42bn by 2029.
  • In global comparison, most revenue will be generated in the United States (US$4,096.00m in 2024).
 
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Analyst Opinion

The Disaster Recovery as a Service (DRaaS) market within the Public Cloud market in Germany is experiencing elevated growth, fueled by increasing cyber threats, the need for business continuity, and the rising adoption of cloud solutions among organizations seeking resilience.

Customer preferences:
Organizations in Germany are increasingly prioritizing robust data protection strategies, driving a surge in demand for Disaster Recovery as a Service (DRaaS) solutions. This trend reflects a heightened awareness of cybersecurity risks and the critical need for business continuity. Additionally, as remote work becomes more prevalent, companies are seeking flexible and scalable cloud solutions to ensure operational resilience. The growing emphasis on sustainability is also influencing firms to adopt eco-friendly cloud services, aligning disaster recovery efforts with broader corporate responsibility goals.

Trends in the market:
In Germany, the Disaster Recovery as a Service (DRaaS) market within the public cloud sector is experiencing significant growth as organizations prioritize comprehensive data protection strategies. This trajectory is driven by increasing cybersecurity threats and a pressing need for business continuity amidst rising remote work trends. Moreover, companies are adopting scalable cloud solutions to enhance operational resilience. The emphasis on sustainability is also shaping DRaaS offerings, prompting providers to align their services with eco-friendly practices, which could redefine corporate responsibility standards and influence competitive dynamics in the industry.

Local special circumstances:
In Germany, the Disaster Recovery as a Service (DRaaS) market within the public cloud sector is influenced by stringent data protection regulations, such as the GDPR, which mandate robust data security measures. Additionally, the country's emphasis on environmental sustainability drives organizations to seek eco-friendly DRaaS solutions, aligning with broader corporate responsibility goals. Geographically, Germany's central location in Europe facilitates cross-border data management, while a strong industrial base necessitates effective disaster recovery strategies, shaping the competitive landscape of the market.

Underlying macroeconomic factors:
The Disaster Recovery as a Service (DRaaS) market in Germany is significantly influenced by macroeconomic factors such as the overall economic stability, investment in IT infrastructure, and regulatory compliance costs. A robust national economy fosters increased IT spending, enabling businesses to adopt advanced DRaaS solutions to mitigate risks. Additionally, global economic trends, including supply chain disruptions and shifting operational models due to the pandemic, have heightened awareness of disaster recovery needs. Favorable fiscal policies supporting technological innovation and sustainability initiatives further drive organizations to integrate eco-friendly DRaaS options, aligning with both market demands and corporate social responsibility objectives.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
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