Europe Cloud Compute Service Market Size | 2019-2032

Europe Cloud Compute Service Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: CCT15184  | Publication: July 2024  |  US$745  |  

Europe Cloud Compute Service Market Growth and Performance

Europe Cloud Compute Service Market


  • In 2023, the Europe cloud compute service market was valued at US$ 4.94 Billion, reflecting a year-on-year growth rate of 17.5%.
  • By the end of 2032, the Europe cloud compute service market size is forecast to reach US$ 21.32 Billion, registering a CAGR of 17.5% during the forecast period.
  • In 2032, the cloud bare metal market segment is projected to experience a significant upsurge in market revenue, reaching US$ 7.75 Billion. This segment is likely to be the largest segment, with 36.6% market share.
  • In terms of spending on associated solutions and services, IT and telecom sector dominated the cloud compute service market in Europe in 2023.

Europe Cloud Compute Service Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

Cloud Bare Metal Market

Cloud Container Market

Virtual Machine Market

Deployment Model

Public Cloud

Private Cloud

Hybrid Cloud

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

Europe Cloud Compute Service Industry: Regional Coverage

 

Countries

Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Russia

Poland

Rest of Europe

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