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.

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. 

The companies which are contributing to the growth of France data backup and recovery market include Amazon Web Services, Inc., IBM Corp., Oracle Corp., Hewlett Packard Enterprise Co., and Microsoft Corp. 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. 

Research Methodology

The market study of the France data backup and recovery market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. France Data Backup and Recovery Market Research and Analysis by Deployment Type
2. France Data Backup and Recovery Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the France data backup and recovery market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the France data backup and recovery market.
• Insights about market determinants which are stimulating the France data backup and recovery market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.