Europe Cloud Computing Market Report and Forecast 2024-2032

Europe Cloud Computing Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the Europe cloud computing market attained a healthy growth in the historical period. Aided by the expanding digital ecosystem and the mounting need for efficient data storage and management solutions, the market is projected to further grow at a CAGR of 9% between 2024 and 2032 to reach a value of approximately USD 115.38 billion by 2032.

Cloud computing provides on-demand availability of system resources, especially data storage and computing power, without users having direct engagement with the physical infrastructure. European industries, both established and startups, have been increasingly leveraging cloud services, recognising its potential in driving efficiency, scalability, and innovation. These services range from Infrastructure as a Service (IaaS), Platform as a Service (PaaS), to Software as a Service (SaaS).

The robust expansion of the digital landscape in Europe, including the surge in e-commerce, online streaming platforms, and digital banking, is propelling the need for reliable and scalable cloud infrastructure, thereby, influencing the Europe cloud computing market outlook. The region's thrust towards a Digital Single Market, focusing on harmonised digital regulations and policies, further augments the growth of the cloud computing sector.

A key driver amplifying the adoption of cloud solutions in Europe is the emphasis on business continuity and disaster recovery. With the unpredictable nature of cybersecurity threats and the expensive aftermath of data breaches, European businesses are leaning towards cloud-based backup and recovery solutions. These solutions not only ensure data integrity and security but also allow for rapid recovery post any unforeseen disruptions.

As per the Europe cloud computing market analysis, with the evolution of Artificial Intelligence (AI) and the Internet of Things (IoT), the demand for real-time data processing and analytics is surging. Cloud platforms, with their distributed nature and vast computational capabilities, have emerged as the primary choice for managing these advanced technologies.

Another significant trend bolstering the Europe cloud computing market growth is the rise of edge computing. With data processing happening closer to its source, it reduces latency, making real-time processing more efficient. Especially for sectors like autonomous driving and telemedicine, which are rapidly gaining traction in Europe, edge cloud services are becoming indispensable.

Moreover, the European cloud landscape is witnessing increased collaborations and partnerships. Local providers are joining hands with global giants to offer tailored solutions catering to the unique needs of European businesses. These collaborations ensure data sovereignty, taking into account the region's stringent data protection regulations.

Market Segmentation

The market can be divided based on service type, deployment model, organisation type, application, and countries.

Market Breakup by Service Type
  • Software-as-a-Service (SaaS)
  • Infrastructure-as-a-Service (IaaS)
  • Platform-as-a-Service (PaaS)
Market Breakup by Deployment Model
  • Public Model
  • Private Cloud
  • Hybrid Cloud
Market Breakup by Organisation Type
  • Large Enterprises
  • SMEs
Market Breakup by Application
  • IT and Telecom
  • BFSI
  • Retail
  • Healthcare
  • Government and Public Sector
  • Manufacturing
  • Education
  • Others
Market Breakup by Countries
  • United Kingdom
  • Germany
  • France
  • Italy
  • Others
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe cloud computing market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Oracle Corporation
  • SAP SE
  • RheoCube
  • StorageOS
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Europe
7 Opportunities and Challenges in the Market
8 Europe Cloud Computing Market Analysis
8.1 Key Industry Highlights
8.2 Europe Cloud Computing Historical Market (2018-2023)
8.3 Europe Cloud Computing Market Forecast (2024-2032)
8.4 Europe Cloud Computing Market by Service Type
8.4.1 Software-as-a-Service (SaaS)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Infrastructure-as-a-Service (IaaS)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Platform-as-a-Service (PaaS)
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Europe Cloud Computing Market by Deployment Model
8.5.1 Public Model
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Private Cloud
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Hybrid Cloud
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Europe Cloud Computing Market by Organisation Type
8.6.1 Large Enterprises
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 SMEs
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Europe Cloud Computing Market by Application
8.7.1 IT and Telecom
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 BFSI
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Retail
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Healthcare
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Government and Public Sector
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Manufacturing
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Education
8.7.7.1 Historical Trend (2018-2023)
8.7.7.2 Forecast Trend (2024-2032)
8.7.8 Others
8.8 Europe Cloud Computing Market by Countries
8.8.1 United Kingdom
8.8.2 Germany
8.8.3 France
8.8.4 Italy
8.8.5 Others
9 Regional Analysis
9.1 United Kingdom
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Germany
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 France
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Italy
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Oracle Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 SAP SE
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 RheoCube
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 StorageOS
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Cloud Computing Market: Key Industry Highlights, 2018 and 2032
2. Europe Cloud Computing Historical Market: Breakup by Service Type (USD Billion), 2018-2023
3. Europe Cloud Computing Market Forecast: Breakup by Service Type (USD Billion), 2024-2032
4. Europe Cloud Computing Historical Market: Breakup by Deployment Model (USD Billion), 2018-2023
5. Europe Cloud Computing Market Forecast: Breakup by Deployment Model (USD Billion), 2024-2032
6. Europe Cloud Computing Historical Market: Breakup by Organisation Type (USD Billion), 2018-2023
7. Europe Cloud Computing Market Forecast: Breakup by Organisation Type (USD Billion), 2024-2032
8. Europe Cloud Computing Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Europe Cloud Computing Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Europe Cloud Computing Historical Market: Breakup by Countries (USD Billion), 2018-2023
11. Europe Cloud Computing Market Forecast: Breakup by Countries (USD Billion), 2024-2032
12. Europe Cloud Computing Market Structure

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