Public Cloud - France

France

Revenue in the Public Cloud market is projected to reach US$19.37bn in 2024.
Software as a Service dominates the market with a projected market volume of US$9.39bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 16.95%, resulting in a market volume of US$42.38bn by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$602.80 in 2024.
In global comparison, most revenue will be generated in the United States (US$388.50bn in 2024).

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).

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Market

Region

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Currency

Analyst Opinion

The Public Cloud market in France has been experiencing significant growth in recent years, driven by a combination of customer preferences, market trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences: French customers are increasingly turning to the Public Cloud for their computing needs due to several key factors. Firstly, the Public Cloud offers scalability and flexibility, allowing businesses to easily adjust their computing resources according to their needs. This is particularly important for companies in France that are looking to expand rapidly or handle seasonal fluctuations in demand. Secondly, the Public Cloud provides cost savings by eliminating the need for upfront investments in hardware and infrastructure. This is especially attractive for small and medium-sized enterprises (SMEs) in France that may have limited financial resources. Lastly, the Public Cloud offers enhanced security measures, including data encryption and regular backups, which are crucial for protecting sensitive information.

Trends in the market: One of the key trends in the Public Cloud market in France is the increasing adoption of Software-as-a-Service (SaaS) solutions. French businesses are realizing the benefits of using cloud-based software applications that can be accessed from any location and device. This trend is driven by the growing popularity of remote work and the need for collaboration tools that enable seamless communication and project management. Additionally, Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) solutions are also gaining traction in France, as companies seek to outsource their infrastructure and development needs to cloud providers.

Local special circumstances: France has a strong focus on data privacy and security, which has a significant impact on the Public Cloud market. The country has stringent regulations, such as the General Data Protection Regulation (GDPR), which require businesses to protect the personal data of their customers. As a result, French companies are more likely to choose Public Cloud providers that comply with these regulations and offer robust security measures. This has led to the emergence of local cloud providers in France that cater specifically to the needs of French businesses.

Underlying macroeconomic factors: The growth of the Public Cloud market in France is also influenced by underlying macroeconomic factors. The country has a strong digital economy and is home to many innovative startups and technology companies. These businesses are driving the demand for Public Cloud services as they seek to leverage the latest technologies and gain a competitive edge. Furthermore, the French government has been actively promoting digital transformation and the adoption of cloud computing through various initiatives and incentives. This has created a favorable environment for the growth of the Public Cloud market in France. In conclusion, the Public Cloud market in France is experiencing rapid growth due to customer preferences for scalability, cost savings, and enhanced security. The increasing adoption of SaaS, IaaS, and PaaS solutions, as well as the focus on data privacy and security, are key trends in the market. Local special circumstances, such as stringent regulations and the presence of local cloud providers, further contribute to the development of the Public Cloud market. Additionally, underlying macroeconomic factors, such as a strong digital economy and government support, are driving the growth of the 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.