Product Code: ETC5544650 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In Estonia, cloud backup solutions are becoming essential for data security, as businesses prioritize protecting sensitive information against potential data loss. The demand is particularly high among small to medium enterprises (SMEs) that seek affordable, scalable backup solutions to meet regulatory and compliance requirements.
The growing reliance on digital data and the need for disaster recovery are driving the cloud backup market in Estonia. Businesses are increasingly moving their data to the cloud to ensure better protection against data loss, cyberattacks, and hardware failures. The rise in regulatory requirements for data retention and the cost-effectiveness of cloud backup solutions are also contributing to market growth.
The Estonia Cloud Backup Market faces challenges related to data sovereignty and compliance with the European Unions General Data Protection Regulation (GDPR). Many local businesses are concerned about storing sensitive data in foreign data centers due to the risk of legal complications. Additionally, cloud backup solutions can be expensive for smaller enterprises, particularly those with limited IT infrastructure and resources. The market also faces competition from global players that offer cheaper, more scalable solutions, making it difficult for local providers to establish a strong foothold. Furthermore, the evolving nature of cybersecurity threats means that backup solutions must constantly be updated, which adds complexity and cost.
Estonias government supports the cloud backup market as part of its strategy to enhance data security and disaster recovery capabilities across industries. Policies promote the use of cloud-based backup solutions to protect critical business data from loss due to cyberattacks, natural disasters, or human error. Estonia encourages businesses to adopt cloud backup systems that comply with EU regulations on data privacy and security. The government also provides incentives for companies that develop innovative, cost-effective, and scalable backup solutions for both large enterprises and small businesses.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Estonia Cloud Backup Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Cloud Backup Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Cloud Backup Market - Industry Life Cycle |
3.4 Estonia Cloud Backup Market - Porter's Five Forces |
3.5 Estonia Cloud Backup Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Estonia Cloud Backup Market Revenues & Volume Share, By Service Provider, 2021 & 2031F |
3.7 Estonia Cloud Backup Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.8 Estonia Cloud Backup Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.9 Estonia Cloud Backup Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Estonia Cloud Backup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Estonia Cloud Backup Market Trends |
6 Estonia Cloud Backup Market Segmentations |
6.1 Estonia Cloud Backup Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Estonia Cloud Backup Market Revenues & Volume, By Solution, 2021-2031F |
6.1.3 Estonia Cloud Backup Market Revenues & Volume, By Service, 2021-2031F |
6.2 Estonia Cloud Backup Market, By Service Provider |
6.2.1 Overview and Analysis |
6.2.2 Estonia Cloud Backup Market Revenues & Volume, By Cloud Service Provider, 2021-2031F |
6.2.3 Estonia Cloud Backup Market Revenues & Volume, By Telecom and Communication Service Provider, 2021-2031F |
6.2.4 Estonia Cloud Backup Market Revenues & Volume, By Managed Service Provider, 2021-2031F |
6.2.5 Estonia Cloud Backup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Estonia Cloud Backup Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Estonia Cloud Backup Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.3 Estonia Cloud Backup Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.3.4 Estonia Cloud Backup Market Revenues & Volume, By Education, 2021-2031F |
6.3.5 Estonia Cloud Backup Market Revenues & Volume, By Government and Public Sector, 2021-2031F |
6.3.6 Estonia Cloud Backup Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.3.7 Estonia Cloud Backup Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4 Estonia Cloud Backup Market, By Deployment Model |
6.4.1 Overview and Analysis |
6.4.2 Estonia Cloud Backup Market Revenues & Volume, By Public cloud, 2021-2031F |
6.4.3 Estonia Cloud Backup Market Revenues & Volume, By Private cloud, 2021-2031F |
6.4.4 Estonia Cloud Backup Market Revenues & Volume, By Hybrid cloud, 2021-2031F |
6.5 Estonia Cloud Backup Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Estonia Cloud Backup Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.5.3 Estonia Cloud Backup Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F |
7 Estonia Cloud Backup Market Import-Export Trade Statistics |
7.1 Estonia Cloud Backup Market Export to Major Countries |
7.2 Estonia Cloud Backup Market Imports from Major Countries |
8 Estonia Cloud Backup Market Key Performance Indicators |
9 Estonia Cloud Backup Market - Opportunity Assessment |
9.1 Estonia Cloud Backup Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Estonia Cloud Backup Market Opportunity Assessment, By Service Provider, 2021 & 2031F |
9.3 Estonia Cloud Backup Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.4 Estonia Cloud Backup Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.5 Estonia Cloud Backup Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Estonia Cloud Backup Market - Competitive Landscape |
10.1 Estonia Cloud Backup Market Revenue Share, By Companies, 2024 |
10.2 Estonia Cloud Backup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |