Europe Cloud Computing Market Summary, Competitive Analysis and Forecast to 2027
Summary
Cloud Computing in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The cloud computing industry consists of the Infrastructure as a Service (IaaS), Platform as a Service (PaaS) and Software as a Service (SaaS) segments. Values are calculated based on revenues accrued from these services. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The European cloud computing industry had total revenues of $79.95 billion in 2022, representing a compound annual growth rate (CAGR) of 14.8% between 2017 and 2022.
- The SaaS segment accounted for the industry's largest proportion in 2022, with total revenues of $47.28 billion, equivalent to 59.1% of the industry's overall value.
- The industry growth is attributed to the favourable features of cloud computing such as virtualization and automation technologies, which makes service delivery through internet easy, affordable, fast, reliable, safe, and flexible.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the cloud computing market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the cloud computing market in Europe
- Leading company profiles reveal details of key cloud computing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe cloud computing market with five year forecasts
- What was the size of the Europe cloud computing market by value in 2022?
- What will be the size of the Europe cloud computing market in 2027?
- What factors are affecting the strength of competition in the Europe cloud computing market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's cloud computing market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What has been the rationale behind recent M&A activity and strategic partnerships?
- 7.3. What are the strengths of the leading players?
- 7.4. Who are the main challengers to the incumbents?
- 8 Company Profiles
- 8.1. Amazon Web Services Inc
- 8.2. Microsoft Corp
- 8.3. Google Cloud Platform
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe cloud computing industry value: $ million, 2017–22
- Table 2: Europe cloud computing industry category segmentation: % share, by value, 2017–2022
- Table 3: Europe cloud computing industry category segmentation: $ million, 2017-2022
- Table 4: Europe cloud computing industry geography segmentation: $ million, 2022
- Table 5: Europe cloud computing industry value forecast: $ million, 2022–27
- Table 6: Amazon Web Services Inc: key facts
- Table 7: Amazon Web Services Inc: Key Employees
- Table 8: Microsoft Corp: key facts
- Table 9: Microsoft Corp: Annual Financial Ratios
- Table 10: Microsoft Corp: Key Employees
- Table 11: Microsoft Corp: Key Employees Continued
- Table 12: Google Cloud Platform: key facts
- Table 13: Google Cloud Platform: Key Employees
- Table 14: Europe size of population (million), 2018–22
- Table 15: Europe gdp (constant 2005 prices, $ billion), 2018–22
- Table 16: Europe gdp (current prices, $ billion), 2018–22
- Table 17: Europe inflation, 2018–22
- Table 18: Europe consumer price index (absolute), 2018–22
- Table 19: Europe exchange rate, 2018–22
- List of Figures
- Figure 1: Europe cloud computing industry value: $ million, 2017–22
- Figure 2: Europe cloud computing industry category segmentation: $ million, 2017-2022
- Figure 3: Europe cloud computing industry geography segmentation: % share, by value, 2022
- Figure 4: Europe cloud computing industry value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the cloud computing industry in Europe, 2022
- Figure 6: Drivers of buyer power in the cloud computing industry in Europe, 2022
- Figure 7: Drivers of supplier power in the cloud computing industry in Europe, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the cloud computing industry in Europe, 2022
- Figure 9: Factors influencing the threat of substitutes in the cloud computing industry in Europe, 2022
- Figure 10: Drivers of degree of rivalry in the cloud computing industry in Europe, 2022
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