Cloud Computing in Europe

Key Highlights

• Cloud computing market is segmented into Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS) segments. Values are calculated based on revenues accrued from these services.
• The European cloud computing industry had total revenues of $90.37 billion in 2023, representing a compound annual growth rate (CAGR) of 13.4% between 2018 and 2023.
• The SaaS segment accounted for the industry's largest proportion in 2023, with total revenues of $53.32 billion, equivalent to 59% of the industry's overall value.
• Germany dominated the European cloud computing industry accounting for the largest share of 22.4% in 2023, followed by the UK, accounting for a share of 17.6%.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cloud computing market in Europe
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cloud computing market in Europe
• Leading company profiles reveal details of key cloud computing market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Europe cloud computing market with five year forecasts

Reasons to Buy

• What was the size of the Europe cloud computing market by value in 2023?
• What will be the size of the Europe cloud computing market in 2028?
• What factors are affecting the strength of competition in the Europe cloud computing market?
• How has the market performed over the last five years?
• What are the main segments that make up Europe's cloud computing market?