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.
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
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook