Infrastructure as a Service - Denmark

Denmark

Revenue in the Infrastructure as a Service market is projected to reach US$1.01bn in 2024.
0 dominates the market with a projected market volume of 0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.39%, resulting in a market volume of US$2.45bn by 2029.
In global comparison, most revenue will be generated in the United States (US$77,050.00m in 2024).

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Infrastructure as a Service (IaaS) market in Denmark is experiencing average growth within the Public Cloud market. This growth can be attributed to factors such as the increasing adoption of digital technologies, rising awareness of the benefits of IaaS, and the convenience it offers in terms of managing and scaling resources. This has been further fueled by the growing demand for cost-effective and scalable cloud solutions by businesses in Denmark.

Customer preferences: The Infrastructure as a Service Market within the Public Cloud Market in Denmark has seen a rise in demand for cloud-based solutions in the wake of the COVID-19 pandemic, as organizations and individuals prioritize remote work and digitalization. This trend is further accelerated by the country's highly tech-savvy population and strong digital infrastructure. Additionally, there is a growing emphasis on data security and privacy, leading to an increased adoption of cloud-based security measures and compliance solutions.

Trends in the market: In Denmark, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions, as businesses seek to optimize their IT infrastructure and reduce costs. This trend is also driven by the increasing adoption of digital transformation strategies and the need for scalability and flexibility in the cloud. As a result, industry stakeholders are investing in hybrid cloud technologies and partnerships to meet the growing demand. This trend is expected to continue in the future, with implications for the growth of the public cloud market and the overall IT landscape in Denmark.

Local special circumstances: In Denmark, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's strong focus on sustainability and green energy. The government has set ambitious goals for reducing carbon emissions, leading to a demand for environmentally friendly cloud solutions. Additionally, the country's strict data privacy laws and high level of digital connectivity contribute to a favorable environment for cloud adoption. These unique factors shape the market dynamics and create opportunities for sustainable and secure cloud services.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in Denmark is influenced by various macroeconomic factors. The country's strong economic health, stable political environment, and favorable regulatory policies have contributed to the growth of the market. Additionally, Denmark's investments in digital infrastructure and its highly skilled workforce have also played a significant role in driving the demand for public cloud services. Furthermore, global economic trends, such as the increasing adoption of cloud computing and the rise in remote working due to the COVID-19 pandemic, have positively impacted the market's growth in the country. These factors, coupled with Denmark's strong focus on sustainability and green initiatives, have created a conducive environment for the growth of the Infrastructure as a Service Market within the Public Cloud Market in the country.

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.