Public Cloud - Slovenia

Slovenia

Revenue in the Public Cloud market is projected to reach US$248.30m in 2024.
Software as a Service dominates the market with a projected market volume of US$100.00m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.96%, resulting in a market volume of US$591.60m by 2029.
The average spend per employee in the Public Cloud market is projected to reach US$230.50 in 2024.
In global comparison, most revenue will be generated in the United States (US$388.50bn in 2024).

Key regions: United States, Germany, China, Japan, United Kingdom

Definition:

A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources include virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.

Structure:

The Public Cloud market is structured into five markets based on the type of service models provided by the companies.

The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.

Additional Information:

The public cloud 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 public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).

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Market

Region

Region comparison

Currency

Analyst Opinion

The Public Cloud market in Slovenia is experiencing significant growth, driven by factors such as increasing adoption of digital technologies, rising awareness of the benefits of online services, and the convenience offered by cloud-based solutions. The market's considerable growth rate can be attributed to the increasing demand for Infrastructure, Platform, Software, Business Process, and Desktop as a Service. These sub-markets are being driven by the country's strong tech industry and growing digital economy, making Slovenia an attractive location for cloud providers.

Customer preferences: The use of public cloud services is on the rise in Slovenia, as businesses and individuals seek out efficient and cost-effective solutions for data storage and management. This trend is driven by the increasing demand for remote work and collaboration tools, as well as the need for secure and reliable access to data from anywhere. Additionally, the rise of digital transformation and the adoption of cloud-based technologies in various industries has further fueled the growth of the public cloud market. As a result, we can expect to see a continued shift towards cloud-based solutions and services in Slovenia in the coming years.

Trends in the market: In Slovenia, the Public Cloud Market is experiencing a surge in demand for Software-as-a-Service (SaaS) solutions, as businesses seek cost-effective and scalable options for their operations. Additionally, there is a growing trend towards multi-cloud strategies, as companies leverage the strengths of different cloud providers. This trajectory is significant as it allows for greater flexibility and agility in the market, while also driving competition among cloud providers. For industry stakeholders, this trend means the need to continually innovate and offer value-added services to stay competitive in the market. It also highlights the importance of data security and compliance, as more sensitive data is stored in the cloud.

Local special circumstances: In Slovenia, the Public Cloud Market is seeing a rise in adoption due to the country's strong digital infrastructure and tech-savvy population. The government's push for digitalization and cloud-based services has also played a significant role. Additionally, Slovenia's location in Central Europe makes it an attractive market for companies looking to expand their reach in the region. The country's strict data privacy laws and focus on cybersecurity have also contributed to its growing public cloud market.

Underlying macroeconomic factors: The Public Cloud Market in Slovenia is heavily influenced by macroeconomic factors such as economic stability, government investments in IT infrastructure, and digitalization efforts. The country's strong economic growth and supportive policies towards digital transformation have created a favorable environment for the adoption of public cloud services. Additionally, the growing demand for cost-effective and scalable IT solutions, coupled with the increasing number of businesses shifting towards cloud-based operations, is driving the growth of the public cloud market in Slovenia.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of telecommunications infrastructure. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. 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.