Infrastructure as a Service - Central & Western Europe

Central & Western Europe

Revenue in the Infrastructure as a Service market is projected to reach US$20.48bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.75%, resulting in a market volume of US$50.44bn by 2029.
The average spend per employee in the Infrastructure as a Service market is projected to reach US$118.20 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

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Analyst Opinion

The Infrastructure as a Service market in Central & Western Europe is experiencing significant growth and development. Customer preferences in the region are driving the demand for Infrastructure as a Service solutions. Companies are increasingly looking to outsource their IT infrastructure to reduce costs and improve operational efficiency. Infrastructure as a Service provides a flexible and scalable solution that allows businesses to pay for only the resources they need, without the need for large upfront investments in hardware and software. This is particularly appealing to small and medium-sized enterprises (SMEs) in the region, who may not have the financial resources or expertise to manage their own infrastructure. Trends in the market show a shift towards hybrid cloud solutions, where companies combine Infrastructure as a Service with other cloud services, such as Platform as a Service (PaaS) and Software as a Service (SaaS). This allows businesses to take advantage of the benefits of multiple cloud services, while maintaining control over their data and applications. Hybrid cloud solutions are particularly attractive to companies with complex IT environments or specific regulatory requirements, as they offer greater flexibility and customization options. Local special circumstances in Central & Western Europe also contribute to the growth of the Infrastructure as a Service market. The region has a highly developed IT infrastructure and a strong culture of innovation and technology adoption. This creates a favorable environment for the adoption of cloud services, including Infrastructure as a Service. Additionally, the region's strict data protection and privacy regulations, such as the General Data Protection Regulation (GDPR), have increased the demand for cloud services that comply with these regulations. Infrastructure as a Service providers in the region have responded to these requirements by offering data centers and services that are located within the European Union and comply with EU data protection laws. Underlying macroeconomic factors, such as the strong economic growth and increasing digitalization in Central & Western Europe, are also driving the development of the Infrastructure as a Service market. The region has a large and diverse economy, with a wide range of industries that are increasingly relying on digital technologies to drive innovation and growth. This creates a growing demand for Infrastructure as a Service solutions that can support these digital transformation initiatives. Additionally, the COVID-19 pandemic has accelerated the adoption of cloud services, as companies have had to quickly adapt to remote working and digital collaboration. In conclusion, the Infrastructure as a Service market in Central & Western Europe is experiencing significant growth and development due to customer preferences for flexible and cost-effective IT infrastructure solutions, the trend towards hybrid cloud solutions, local special circumstances such as data protection regulations, and underlying macroeconomic factors such as economic growth and digitalization.

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.