Europe Hybrid Cloud Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Enterprise Size, By Service Model, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
The Europe Hybrid Cloud Market would witness market growth of 16.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Hybrid Cloud Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20,030.7 million by 2031. The UK market is exhibiting a CAGR of 15.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 17.3% during (2024 - 2031).
A hybrid cloud facilitates the creation of hybrid development environments where developers can use cloud resources for testing and staging while keeping production environments on-premises. This separation improves development efficiency and security.
Moreover, Continuous Integration/Continuous Deployment (CI/CD) pipelines can be scaled using hybrid cloud resources. This scalability expedites the software development lifecycle, enabling the rapid deployment and iteration of new features.
As European enterprises adopt cloud technologies, they often choose hybrid cloud solutions to combine the benefits of both public and private clouds. This trend drives the demand for hybrid cloud services across Europe, allowing businesses to leverage the flexibility of public clouds while retaining sensitive data on private clouds. In 2023, 45.2% of EU enterprises purchased cloud computing services (i.e., services used over the internet to access software, computing power, storage capacity, etc.). This marks a 4.2% (pp) increase compared with 2021. The adoption of cloud technologies by enterprises in Europe accelerates their digital transformation efforts.
Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Small & Medium-sized Enterprises and Large Enterprises. Based on Service Model, the market is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- IBM Corporation
- Oracle Corporation
- SAP SE
- Salesforce, Inc.
- Dell Technologies, Inc.
- Equinix, Inc.
- Nutanix, Inc.
By Component
- Solution
- Services
- Small & Medium-sized Enterprises
- Large Enterprises
- Software as a Service (SaaS)
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Government
- Media & Entertainment
- Transportation & Logistics
- Manufacturing
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Hybrid Cloud Market, by Component
- 1.4.2 Europe Hybrid Cloud Market, by Enterprise Size
- 1.4.3 Europe Hybrid Cloud Market, by Service Model
- 1.4.4 Europe Hybrid Cloud Market, by Industry Vertical
- 1.4.5 Europe Hybrid Cloud Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnership, Collaboration and Agreement: 2022, Jun – 2024, Aug) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Hybrid Cloud Market by Component
- 5.1 Europe Solution Market by Country
- 5.2 Europe Services Market by Country
- Chapter 6. Europe Hybrid Cloud Market by Enterprise Size
- 6.1 Europe Small & Medium-sized Enterprises Market by Country
- 6.2 Europe Large Enterprises Market by Country
- Chapter 7. Europe Hybrid Cloud Market by Service Model
- 7.1 Europe Software as a Service (SaaS) Market by Country
- 7.2 Europe Infrastructure as a Service (IaaS) Market by Country
- 7.3 Europe Platform as a Service (PaaS) Market by Country
- Chapter 8. Europe Hybrid Cloud Market by Industry Vertical
- 8.1 Europe BFSI Market by Country
- 8.2 Europe IT & Telecom Market by Country
- 8.3 Europe Healthcare Market by Country
- 8.4 Europe Retail Market by Country
- 8.5 Europe Government Market by Country
- 8.6 Europe Media & Entertainment Market by Country
- 8.7 Europe Transportation & Logistics Market by Country
- 8.8 Europe Manufacturing Market by Country
- 8.9 Europe Others Market by Country
- Chapter 9. Europe Hybrid Cloud Market by Country
- 9.1 Germany Hybrid Cloud Market
- 9.1.1 Germany Hybrid Cloud Market by Component
- 9.1.2 Germany Hybrid Cloud Market by Enterprise Size
- 9.1.3 Germany Hybrid Cloud Market by Service Model
- 9.1.4 Germany Hybrid Cloud Market by Industry Vertical
- 9.2 UK Hybrid Cloud Market
- 9.2.1 UK Hybrid Cloud Market by Component
- 9.2.2 UK Hybrid Cloud Market by Enterprise Size
- 9.2.3 UK Hybrid Cloud Market by Service Model
- 9.2.4 UK Hybrid Cloud Market by Industry Vertical
- 9.3 France Hybrid Cloud Market
- 9.3.1 France Hybrid Cloud Market by Component
- 9.3.2 France Hybrid Cloud Market by Enterprise Size
- 9.3.3 France Hybrid Cloud Market by Service Model
- 9.3.4 France Hybrid Cloud Market by Industry Vertical
- 9.4 Russia Hybrid Cloud Market
- 9.4.1 Russia Hybrid Cloud Market by Component
- 9.4.2 Russia Hybrid Cloud Market by Enterprise Size
- 9.4.3 Russia Hybrid Cloud Market by Service Model
- 9.4.4 Russia Hybrid Cloud Market by Industry Vertical
- 9.5 Spain Hybrid Cloud Market
- 9.5.1 Spain Hybrid Cloud Market by Component
- 9.5.2 Spain Hybrid Cloud Market by Enterprise Size
- 9.5.3 Spain Hybrid Cloud Market by Service Model
- 9.5.4 Spain Hybrid Cloud Market by Industry Vertical
- 9.6 Italy Hybrid Cloud Market
- 9.6.1 Italy Hybrid Cloud Market by Component
- 9.6.2 Italy Hybrid Cloud Market by Enterprise Size
- 9.6.3 Italy Hybrid Cloud Market by Service Model
- 9.6.4 Italy Hybrid Cloud Market by Industry Vertical
- 9.7 Rest of Europe Hybrid Cloud Market
- 9.7.1 Rest of Europe Hybrid Cloud Market by Component
- 9.7.2 Rest of Europe Hybrid Cloud Market by Enterprise Size
- 9.7.3 Rest of Europe Hybrid Cloud Market by Service Model
- 9.7.4 Rest of Europe Hybrid Cloud Market by Industry Vertical
- Chapter 10. Company Profiles
- 10.1 Google LLC (Alphabet Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Recent strategies and developments:
- 10.2.4.1 Partnerships, Collaborations, and Agreements:
- 10.2.5 SWOT Analysis
- 10.3 IBM Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional & Segmental Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.5.3 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Product Launches and Product Expansions:
- 10.4.5.3 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 Oracle Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 SAP SE
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.6 SWOT Analysis
- 10.7 Cisco Systems, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Acquisition and Mergers:
- 10.7.6 SWOT Analysis
- 10.8 Dell Technologies, Inc.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.6 SWOT Analysis
- 10.9 Teradata Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Partnerships, Collaborations, and Agreements:
- 10.9.6 SWOT Analysis
- 10.10. Lumen Technologies, Inc.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental Analysis
- 10.10.4 Recent strategies and developments:
- 10.10.4.1 Partnerships, Collaborations, and Agreements:
- 10.10.5 SWOT Analysis
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