Western Europe Cloud Computing Market | Analysis 2019-2031

Western Europe Cloud Computing Market by Service Model, Deployment Model, Subscription Model, Company Size, End User, and Country – Industry Analysis, Size and Forecast, 2019-2031

Report Format:     | Pages: 160+
Type: Niche Industry Monitor | ID: CCT1564  | Publication: June 2024  |  US$745  |  

WESTERN EUROPE CLOUD COMPUTING INDUSTRY SNAPSHOT

  • In 2023, the Western Europe cloud computing market was valued at US$ 130.89 billion, which is estimated to increase to US$146.60 billion in 2024 reflecting a year-on-year growth rate of 12.00%.
  • By the end of 2031, the Western Europe cloud computing market is forecast to reach US$ 254.57 billion, registering a CAGR of 8.67% during the forecast period.
  • In 2024, the Software as a Service (SaaS) is likely to be the largest segment, with 54.46% market share and to be valued at US$ 146.60.
  • In terms of spending on cloud computing solutions and services, IT and Telecom sector dominated the Western Europe cloud computing market in 2023. 

WESTERN EUROPE CLOUD COMPUTING MARKET COVERAGE

Analysis Period

2019 – 2031

Actual Data

2019 – 2022

Base Year

2022

Estimated Year

2023

CAGR Period

2023 – 2031

Research Scope

Service Model

  • Infrastructure as a Service (IaaS)
  • Platform as a Service (PaaS)
  • Software as a Service (SaaS)

Deployment Model

  • Public Cloud
  • Private Cloud
  • Hybrid Clou

Subscription Model

  • On-Demand Subscription
  • Committed Use Subscription
  • Package Subscription
  • Hybrid Subscription

Enterprise Size

  • Startups & Small Businesses (1-50 employees)
  • Mid-Sized Companies (51-250 employees)
  • Large Enterprises (251+ employees)

End User

  • IT and Telecom
  • Media and Entertainment
  • Energy and Power
  • Transportation and Logistics
  • Healthcare
  • BFSI
  • Retail
  • Manufacturing
  • Government
  • Education

Countries Covered

  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Benelux
  • NORDICS
  • Rest of Western Europe
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