Disaster Recovery as a Service - France

  • France
  • Revenue in the Disaster Recovery as a Service is projected to reach US$445.50m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.76%, resulting in a market volume of US$966.90m 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 in France is experiencing elevated growth, fueled by increasing reliance on cloud solutions, heightened cybersecurity concerns, and the need for business continuity in the face of unexpected disruptions.

Customer preferences:
In France, businesses are prioritizing robust Disaster Recovery as a Service (DRaaS) solutions within the Public Cloud, reflecting a cultural shift towards proactive risk management. Companies are increasingly valuing flexibility and scalability in their disaster recovery plans, influenced by a younger workforce that favors remote work and digital collaboration. Additionally, heightened awareness of cybersecurity threats is driving organizations to seek comprehensive DRaaS offerings, ensuring business continuity while supporting sustainable practices in an evolving digital landscape.

Trends in the market:
In France, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is experiencing a surge in demand as organizations prioritize resilient solutions to safeguard against potential disruptions. This trend is driven by an increasing emphasis on regulatory compliance and data protection, compelling businesses to adopt comprehensive DRaaS strategies. Additionally, the rise of remote work has led to a greater need for flexible recovery options that can adapt to evolving operational needs. Consequently, industry stakeholders must focus on enhancing service offerings and ensuring seamless integration with existing IT infrastructures to stay competitive in this dynamic landscape.

Local special circumstances:
In France, the Disaster Recovery as a Service (DRaaS) market within the Public Cloud is uniquely shaped by stringent regulatory frameworks, particularly the General Data Protection Regulation (GDPR), which mandates robust data protection measures. This regulatory environment compels organizations to invest in comprehensive DRaaS solutions to ensure compliance and safeguard sensitive information. Additionally, France's geographical diversity, with varying levels of natural disaster risk across regions, influences the demand for tailored recovery solutions. The cultural emphasis on business continuity further drives organizations to prioritize resilience, making DRaaS a critical component of their operational strategies.

Underlying macroeconomic factors:
The Disaster Recovery as a Service (DRaaS) market within the Public Cloud in France is significantly influenced by macroeconomic factors such as economic stability, technological innovation, and investment trends. The French economy, characterized by steady growth and low unemployment rates, fosters an environment conducive to IT investments, including DRaaS solutions. Global economic trends, such as the increasing frequency of cyber threats and natural disasters, further escalate the need for robust recovery options. Additionally, government incentives and fiscal policies aimed at promoting digital transformation enhance the attractiveness of DRaaS, driving organizations to prioritize resilient infrastructure and compliance with evolving regulations.

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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