Infrastructure as a Service - Benelux

Benelux

Revenue in the Infrastructure as a Service market is projected to reach US$1.80bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.86%, resulting in a market volume of US$4.27bn by 2029.
The average spend per employee in the Infrastructure as a Service market is projected to reach US$112.50 in 2024.
In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

Market

Region

Region comparison

Currency

Analyst Opinion

The Infrastructure as a Service market in the Benelux region is experiencing considerable growth within the Public Cloud market. Factors such as the increasing demand for digital solutions, growing awareness of the benefits of online services, and the convenience of cloud-based infrastructure are driving this growth.

Customer preferences: The growing popularity of hybrid and multi-cloud strategies in the Infrastructure as a Service Market within the Public Cloud Market reflects a shift towards more customizable and cost-effective solutions. This trend is driven by the need for greater flexibility and control over cloud resources, as well as the desire to optimize performance and minimize costs. Additionally, the increasing adoption of edge computing in the region highlights the importance of low-latency and high-bandwidth connections, catering to the demand for real-time data processing and analysis.

Trends in the market: In the Benelux region, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions. This trend is being driven by the need for scalability, cost-effectiveness, and improved performance. Industry experts predict that this trend will continue to grow, as more organizations seek to leverage the benefits of both public and private cloud environments. This shift towards hybrid cloud is significant, as it allows businesses to achieve greater flexibility and agility while also ensuring data security and compliance. This trend has implications for industry stakeholders, as they will need to adapt their offerings to meet the growing demand for hybrid cloud solutions in the region.

Local special circumstances: In the Benelux region, the Infrastructure as a Service market within the Public Cloud Market is heavily influenced by the high level of digitalization and technology adoption in the region. With a strong focus on sustainability and environmental consciousness, the market is driven by the demand for green cloud solutions. Additionally, the region's strict data protection laws and regulations play a significant role in shaping the IaaS market, with companies prioritizing secure and compliant cloud services.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in the Benelux region is influenced by macroeconomic factors such as technological advancements, regulatory frameworks, and investments in digital infrastructure. Countries with favorable regulatory environments and strong investments in digital infrastructure are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Furthermore, the increasing adoption of digital technologies by businesses and the growing demand for cost-efficient cloud solutions are driving the growth of the Infrastructure as a Service Market in the Benelux region. This is supported by the region's stable economic growth and favorable fiscal policies, which are creating a conducive environment for businesses to invest in digital infrastructure and cloud services.

Methodology

Data coverage:

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

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. 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.