Infrastructure as a Service - EU-27

EU-27

Revenue in the 0 market in the EU-27 is projected to reach US$24.28bn in 2024.
Infrastructure as a Service market dominates the market within the EU-27 with a projected market volume of 0 in 2024.
Revenue in the EU-27 is expected to show an annual growth rate (CAGR 2024-2029) of 19.23%, resulting in a market volume of US$58.50bn by 2029.
In global comparison, the majority of revenue will be generated the United States, which is expected to reach US$77,050.00m in 2024.
The EU-27 is witnessing a significant shift towards hybrid cloud solutions in Infrastructure as a Service, driven by increasing regulatory compliance demands and sustainability initiatives.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Infrastructure as a Service Market within the Public Cloud Market in EU-27 nan is experiencing considerable growth, driven by factors such as increasing adoption of digital technologies and the convenience of online services. This growth is also impacted by the rising demand for cost-effective and efficient IT solutions in the EU-27 nan region.

Customer preferences: The demand for Infrastructure as a Service solutions is on the rise, driven by the need for flexible and scalable computing resources. In addition, there is a growing preference for cloud-based solutions due to their cost-effectiveness and ease of deployment. This trend is particularly evident in the EU-27, where businesses are increasingly adopting cloud services to stay competitive in the global market. This shift towards cloud-based infrastructure is also influenced by the growing focus on digital transformation and the need for efficient and agile IT systems.

Trends in the market: In EU-27, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand as organizations increasingly rely on cloud-based solutions for their IT infrastructure needs. This trend is driven by the need for scalability, cost-effectiveness, and flexibility in the face of rapid technological advancements. Furthermore, there is a growing trend towards multi-cloud strategies, where organizations use a combination of public and private clouds to meet their specific business needs. This trajectory is significant as it highlights the increasing adoption of cloud computing in the region and the potential for further growth and innovation. For industry stakeholders, this trend means a shift towards providing more comprehensive and customizable cloud solutions that meet the evolving needs of businesses. Additionally, there is a need for increased collaboration and integration between different cloud providers to cater to the demand for multi-cloud environments.

Local special circumstances: In Germany, the Infrastructure as a Service market within the Public Cloud Market is experiencing rapid growth due to the country's strong data privacy laws and high demand for secure and compliant cloud solutions. Additionally, the government's focus on digital transformation and investment in smart city initiatives has created a favorable environment for cloud adoption. In France, the market is driven by the country's strict data residency regulations, which require sensitive data to be stored within the country's borders. This has led to the emergence of local cloud providers offering specialized solutions tailored to meet these regulatory requirements.

Underlying macroeconomic factors: The Infrastructure as a Service Market within the Public Cloud Market in EU-27 is greatly impacted by macroeconomic factors such as overall economic stability, government policies, and technological advancements. Countries with robust economies, sound fiscal policies, and strong investments in digital infrastructure are experiencing rapid growth in the market. On the other hand, nations with economic uncertainties and limited technological capabilities are facing challenges in adopting cloud-based services. Furthermore, the increasing demand for digital transformation and the need for cost-effective and efficient IT solutions are also driving the growth of the Infrastructure as a Service Market in the EU-27.

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.