Europe Platform Engineering Services Market Size, Share & Trends Analysis Report By Deployment (Cloud. And On-Premises), By Organization Size (Large Enterprises and SMEs), By Vertical, By Type, By Country and Growth Forecast, 2024 - 2031

Europe Platform Engineering Services Market Size, Share & Trends Analysis Report By Deployment (Cloud. And On-Premises), By Organization Size (Large Enterprises and SMEs), By Vertical, By Type, By Country and Growth Forecast, 2024 - 2031

The Europe Platform Engineering Services Market would witness market growth of 22.8% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Platform Engineering Services Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,692.4 million by 2031. The UK market is exhibiting a CAGR of 21.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 23.8% during (2024 - 2031).

The growing popularity of cloud-native solutions is one of the primary factors that is driving this market. As businesses move away from traditional on-premise data centers, they are increasingly turning to cloud infrastructure to support their operations. Cloud-native solutions, designed specifically to leverage cloud environments' scalability, flexibility, and efficiency, are in high demand. Another factor contributing to the growth of this market is the rising emphasis on security and compliance. These services are vital in building secure infrastructures incorporating advanced security features such as encryption, access control, and real-time threat detection.

The Internet of Things (IoT) expansion is a transformative trend reshaping industries and driving the need for sophisticated digital infrastructure. More than 5.3 billion individuals owned mobile phones by the end of 2022, according to official data from the Telecommunication Union (TU). The number of smartphone users is expected to reach 7.5 billion by 2026. As connected devices grow, businesses face increasing demands for platforms that efficiently manage and process the enormous volumes of data these devices generate. This is where these services come into play, providing the critical infrastructure needed to support scaling IoT ecosystems across sectors like manufacturing, healthcare, and smart cities.

In Germany, the healthcare sector is a major driver of the growing demand for these services. The digitization of healthcare, including the widespread use of electronic health records (EHR) and telemedicine, has created a strong need for secure and reliable platform solutions. Germany Trade & Invest has highlighted the healthcare industry’s digitalization, predicting that 2025 the country’s digital health sector will be worth EUR 57 billion. The E-Health Act mandates healthcare providers to adopt digital tools, including these services, to ensure patient data protection and system reliability in case of outages or cyberattacks. The stringent data security regulations and the rapid adoption of digital health solutions have significantly boosted the demand for these services in Germany's healthcare industry. Therefore, as European businesses prioritize digital transformation and regulatory adherence, the demand for platform engineering services will grow significantly in the coming years.

Based on Deployment, the market is segmented into Cloud. And On-Premises. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into IT & Telecommunications, BFSI, Retail & E-commerce, Manufacturing, Healthcare, Government, and Other Vertical. Based on Type, the market is segmented into Design & Architecture, Development & Implementation, Support & Maintenance, Optimization & Performance Tunings, Integration & Migration, and Other Type. 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.)
• Cisco Systems, Inc.
• Google LLC (Alphabet Inc.)
• Hewlett Packard Enterprise Company
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• Salesforce, Inc.
• SAP SE
• ServiceNow, Inc.

Europe Platform Engineering Services Market Report Segmentation

By Deployment

• Cloud
• On-Premises

By Organization Size

• Large Enterprises
• SMEs

By Vertical

• IT & Telecommunications
• BFSI
• Retail & E-commerce
• Manufacturing
• Healthcare
• Government
• Other Vertical

By Type

• Design & Architecture
• Development & Implementation
• Support & Maintenance
• Optimization & Performance Tunings
• Integration & Migration
• Other Type

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe