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Europe Cloud Computing Market Share
- Report ID: GMI2902
- Published Date: Dec 2022
- Report Format: PDF
Europe Cloud Computing Market Share
Prominent participants operating across the market include:
- Amazon Web Services Inc
- Alibaba Group Holding Limited
- CenturyLink
- CloudSigma Holding AG
- DigitalOcean LLC
- Fujitsu
- Google LLC
- IBM Corporation
- Microsoft Corporation
- Hewlett Packard Enterprise Development LP
- NTT Communications Corporation
- Oracle Corporation
- OVH
- Rackspace Inc
- Salesforce.com Inc
- SAP SE
- Tencent Holdings Limited
- UpCloud
- VMware
The need to enhance business footprint across the region has led companies to initiate new partnerships, acquisitions and mergers with related firms.
Frequently Asked Questions (FAQ) :
The market for cloud computing in Europe was valued at over USD 60 billion in 2022 and is projected to witness a 25% CAGR through 2032 driven by the growing adoption of cloud services by enterprises.
In 2022, the SaaS segment held over 60% share of the Europe cloud computing industry as the service model enabled businesses to lower their IT spending.
The market for cloud computing in Italy is forecasted to record at over 30% CAGR between 2023 to 2032 due to strong presence of several multinational corporations.
Amazon Web Services, Inc., CenturyLink, CloudSigma Holding AG, Fujitsu, Google LLC., IBM Corporation, and Microsoft Corporation are some of the leading players in the market.
Europe Cloud Computing Market Scope
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