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European Public Cloud IaaS Forecast, 2024–2028

Publisher IDC
Published Dec 16, 2024
Length 10 Pages
SKU # IDC19430443

Description

European Public Cloud IaaS Forecast, 2024–2028


This IDC Market Forecast breaks down the European cloud infrastructure-as-a-service (IaaS) market for the 2024–2028 period. It also presents forecasts per subregion and discusses underlying trends in public cloud IaaS adoption."Despite economic challenges, Europe's IaaS market is set to soar to $58.9 billion by 2028, driven by hybrid and multicloud demand," said Carla Arend, associate vice president for European Cloud Strategies at IDC.

Table of Contents

10 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Assist Customers in Managing Their Cloud Expenses

Integrate with GenAI Ecosystems

Enhance Local Infrastructure

Focus on Sustainability

Provide Strong Digital Sovereignty Capabilities

Develop Industry-Specific Solutions

Improve Automation and Orchestration Offerings

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

The AI Boom

Sustainability

Inhibitors

Rising Cloud Costs

European Data Sovereignty

Significant Market Developments

Rise in Cloud Adoption Versus Maturity

Extensive Investments in European Datacenters — Space for Sustainability?

The Cloud Skills Conundrum Continues

Changes from Prior Forecast

Market Definition

Infrastructure as a Service

Methodology

Related Research

Pricing

Currency Rates
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