Infrastructure as a Service - Central & Western Europe

Revenue in the Infrastructure as a Service market is projected to reach US$19.77bn in 2024.
0.0 dominates the market with a projected market volume of 0.0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.83%, resulting in a market volume of US$48.83bn by 2029.
In global comparison, most revenue will be generated United States (US$77.05bn in 2024).

Definition:

Infrastructure as a Service (IaaS) refers to the type of public cloud service that provides virtualized computing resources. IaaS offers on-demand access to virtual machines, storage, and networking components, thus allowing users to build, deploy, and manage IT infrastructure without the need to invest in physical hardware. IaaS offers scalability, flexibility, and cost-efficiency by requiring users to pay only for the resources they consume. The IaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Amazon Web Services (AWS). AWS provides a wide range of virtual machines, storage, and networking resources that users can access on demand to build and manage their IT infrastructures.

Additional Information:

The Infrastructure as a Service (IaaS) 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 IaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).

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Server capabilities, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Computing resources, such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, and Google Compute Engine (GCE)
Storage resources, such as Amazon Elastic Block Store (EBS), Azure Blob Storage, and Google Cloud
Network capabilities, such as Google Cloud Interconnect and Alibaba Cloud Express Connect

Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite
Desktop-as-a-Service (DaaS), such as Amazon WorkSpaces, Microsoft Windows Virtual Desktop, VMware Horizon Cloud, and Citrix Virtual Apps and Desktops
Platform-as-a-Service (PaaS), such as Heroku, AWS Elastic Beanstalk, Google App Engine, Microsoft Azure App Service, and IBM Cloud Foundry
Software-as-a-Service (SaaS), such as Google Workspace, Microsoft 365, Salesforce, Zoom, and Slack
System infrastructure software, such as Microsoft Windows Server, Linux distributions, VMware for virtualization, and Cisco’s networking software
Private cloud services, such as IBM Cloud Private, Microsoft Azure Stack HCI, and VMware vCloud Suite

The Infrastructure as a Service market in Central & Western Europe is experiencing considerable growth due to factors such as increasing demand for digital solutions, growing awareness of the benefits of cloud services, and the convenience of online infrastructure management. This growth can be attributed to the increasing adoption of digital technologies and the growing need for efficient and flexible IT infrastructure.

Customer preferences: The Infrastructure as a Service Market within the Public Cloud Market in Central & Western Europe is witnessing a rise in demand for cloud-based project management tools and virtual collaboration platforms. This can be attributed to the growing trend of remote work and the need for efficient communication and coordination among teams. Additionally, the increasing adoption of agile methodologies in project management is also driving the demand for cloud-based solutions. This shift towards digital project management is supported by the region's strong technological infrastructure and digital-savvy workforce.

Trends in the market: In Central & Western Europe, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a trend towards hybrid cloud solutions, with businesses utilizing both public and private cloud services to meet their specific needs. This trend is driven by the need for greater flexibility and scalability, as well as cost savings. Additionally, there is a growing focus on data privacy and security, leading to increased demand for cloud providers with strong compliance and security measures in place. These trends are significant as they reflect the evolving needs of businesses in the region, and have implications for industry stakeholders such as cloud service providers and businesses utilizing cloud services. As the hybrid cloud trend continues to grow, providers will need to adapt their offerings to meet these needs, while businesses will need to carefully assess the security and compliance measures of potential cloud providers.

Local special circumstances: In Central & Western Europe, the Infrastructure as a Service market within the Public Cloud market is heavily influenced by the region's strict data privacy laws. With the implementation of GDPR, companies are required to store and process data within the region, driving the demand for local cloud services. Additionally, the region's strong focus on sustainability has led to the popularity of green cloud solutions, making it a key differentiating factor in the market. Moreover, the region's high level of digitalization and advanced IT infrastructure have also contributed to the rapid adoption of cloud services, creating a highly competitive market landscape.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Central & Western Europe is greatly impacted by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with strong economies and favorable regulatory environments are experiencing faster market growth compared to regions with economic challenges and limited investment in cloud technologies. Additionally, the increasing demand for digital transformation and the need for cost reduction in IT infrastructure are driving the growth of the IaaS market in this region.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.