Public Cloud - France

France

In France, revenue in the Public Cloud market is projected to reach €17.77bn in 2024.
Software as a Service is expected to dominate the market in France with a projected market volume of €8.33bn in 2024.
Revenue in the country is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 16.78%, leading to a market volume of €38.60bn by 2029.
In global comparison, the majority of revenue will be generated the United States, where it is projected to reach €356.50bn in 2024.
In France, the public cloud market is witnessing a surge in demand as businesses increasingly prioritize digital transformation and data sovereignty.

Key regions: United States, Germany, China, Japan, United Kingdom

Definition:

A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources include virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.

Structure:

The Public Cloud market is structured into five markets based on the type of service models provided by the companies.

The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.

Additional Information:

The public cloud market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud Market in France has been growing at an average rate, driven by factors such as increasing adoption of cloud technologies, rising awareness among businesses, and the convenience offered by online services. The market is segmented into various sub-markets, each with its own growth potential and challenges.

Customer preferences: As technology continues to advance and become more integrated into daily life, consumers in France are increasingly prioritizing convenience and efficiency when it comes to managing their personal and professional tasks. This has led to a rise in demand for public cloud services, as individuals and businesses seek more streamlined and accessible solutions for storing and managing data. The trend towards remote working and collaboration has also contributed to the growth of the public cloud market, as it offers a flexible and scalable solution for teams and organizations. This shift towards digital solutions is likely to continue as consumers become more comfortable with relying on technology for various aspects of their lives, creating a strong market for public cloud services in France.

Trends in the market: In France, the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions, as companies seek the flexibility and scalability offered by this model. Additionally, there is a growing trend of using multi-cloud strategies, as organizations look to optimize their cloud infrastructure and avoid vendor lock-in. These trends indicate a shift towards a more diverse and dynamic cloud landscape, with implications for industry stakeholders such as cloud service providers, IT departments, and data privacy regulators. As more businesses turn to hybrid and multi-cloud solutions, providers will need to adapt and offer tailored services to meet their clients' unique needs. This could also lead to increased competition in the market, as new players enter the scene with specialized offerings. Furthermore, regulators will need to closely monitor data privacy and security in this complex cloud environment, with potential implications for compliance and user trust. Overall, these trends highlight the evolving nature of the Public Cloud Market in France and the need for stakeholders to stay agile and innovative in this rapidly changing landscape.

Local special circumstances: In France, the Public Cloud Market is experiencing significant growth due to the country's strong digital infrastructure and government support for digital transformation. The market is also influenced by strict data privacy laws and regulations, such as the General Data Protection Regulation (GDPR), which are driving demand for secure cloud solutions. Additionally, the French market has a unique focus on sustainability and green initiatives, with a growing demand for eco-friendly and energy-efficient cloud services. This combination of factors sets the French Public Cloud Market apart from other markets and shapes its evolving landscape.

Underlying macroeconomic factors: The Public Cloud Market in France is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. With France being a major player in the global economy, its economic stability and favorable regulatory environment have contributed to the growth of the Public Cloud Market. Additionally, the rise in demand for cloud-based solutions due to the increasing adoption of digital transformation and the need for cost-effective and scalable IT solutions have further fueled the growth of the market in the country. Furthermore, the ongoing trend of remote working and the need for secure and efficient data storage solutions have also contributed to the growth of the Public Cloud Market in France.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of telecommunications infrastructure. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. 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.