Public Cloud - Czechia

  • Czechia
  • In Czechia, revenue in the Public Cloud market is projected to reach US$1,959.00m in 2025.
  • The Software as a Service market is set to dominate this market with a projected volume of US$739.40m in 2025.
  • Revenue in Czechia is expected to show an annual growth rate (CAGR 2025-2029) of 18.07%, which will result in a market volume of US$3,807.00m by 2029.
  • In a global context, it is noteworthy that the majority of revenue will be generated the United States, which is expected to reach US$466.10bn in 2025.
  • Czechia's public cloud market is experiencing significant growth as local enterprises increasingly prioritize digital transformation and seek scalable, agile cloud solutions.

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

Market
Region
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Currency

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

in trillion USD (US$)

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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Jul 2024

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Technology

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Key Players

in percent

2022
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Most recent update: Jan 2025

Sources: Statista Market Insights , Financial Statements of Key Players

Analyst Opinion

The Public Cloud market in Czechia is experiencing significant growth, driven by factors such as increasing adoption of digital technologies, rising awareness of cloud services, and the convenience offered by online platforms. The market is growing at a considerable rate due to the increasing demand for Infrastructure, Platform, Software, Business Process, Desktop, and Disaster Recovery as a Service. Factors such as cost-effectiveness, scalability, and flexibility are also contributing to this growth.

Customer preferences:
As the digital landscape continues to evolve in Czechia, consumers are increasingly turning to public cloud services for their data storage and computing needs. This can be attributed to the growing demand for remote work and collaboration tools, as well as the need for cost-effective and scalable solutions. Furthermore, the rise of e-commerce and online services has also led to a greater reliance on public cloud services for data processing and customer engagement.

Trends in the market:
In Czechia, the Public Cloud Market is experiencing a rise in demand for hybrid cloud solutions, as businesses look to optimize costs and increase agility. Additionally, there is a growing trend of using cloud-based AI and machine learning tools to enhance data analysis and decision-making processes. These trends are expected to continue in the coming years, with the increasing adoption of digital transformation strategies in various industries. This presents opportunities for cloud service providers to offer innovative solutions and for businesses to improve their operations and competitiveness. However, there may also be challenges for stakeholders, such as data security concerns and the need for skilled professionals to manage these advanced technologies. Overall, the trajectory of these trends suggests a promising future for the Public Cloud Market in Czechia, with potential implications for the growth and development of the country's digital economy.

Local special circumstances:
In Czechia, the Public Cloud Market is experiencing growth due to the country's strong tech infrastructure and increasing adoption of digital transformation initiatives by businesses. The government's support for cloud adoption and data protection laws have also contributed to the market's expansion. Additionally, the country's central location in Europe and its skilled workforce have made it a popular destination for multinational companies looking to establish their presence in the region. These factors have played a significant role in shaping the unique dynamics of the Public Cloud Market in Czechia.

Underlying macroeconomic factors:
The Public Cloud Market in Czechia is greatly impacted by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. This market is heavily influenced by the overall economic stability of the country, as well as its policies and regulations regarding technology and business. Countries with strong economic growth and favorable regulatory environments are experiencing faster market growth, while those with challenges in these areas may see slower growth. Additionally, the increasing adoption of cloud technology globally and the expansion of the digital economy are driving the demand for public cloud services in Czechia.

Global Comparison

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Sources: Statista Market Insights , Financial Statements of Key Players , National statistical offices

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.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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