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Europe Cloud Computing Market
ID: MRFR/ICT/54008-HCR
200 Pages
June 2025
Europe Cloud Computing Market Research Report: By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service, Function as a Service), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud, Community Cloud), By End User (Small and Medium Enterprises, Large Enterprises, Government), By Application (Data Backup and Recovery, Application Hosting, Disaster Recovery, Big Data Analytics) andBy Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035
Industry Developments
In recent months, the Europe Cloud Computing Market has witnessed significant developments with key players making strategic moves. In September 2023, Salesforce announced the expansion of its services across Europe, enhancing its commitment to local data sovereignty which aligns with intensified regulatory standards. Microsoft has been scaling up its cloud data centers in various European countries, demonstrating its aggressive push to become a leader in the regional cloud market. Notably, Rackspace and Atos have partnered to deliver seamless cloud solutions, reflecting collaborative trends in the sector. In terms of acquisitions, Oracle Cloud completed the acquisition of a prominent European data analytics firm in August 2023 to bolster its capabilities in cloud-based analytics services. Additionally, Amazon Web Services (AWS) revealed plans to invest in sustainable cloud infrastructure, focusing on reducing carbon footprints while catering to growing demand. Overall, these advancements suggest that the Europe Cloud Computing Market is not only expanding but is also evolving toward more regulatory compliance and sustainable practices in response to market and environmental challenges.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 73.35(USD Billion) |
| MARKET SIZE 2024 | 79.75(USD Billion) |
| MARKET SIZE 2035 | 200.0(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.718% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Salesforce, Rackspace, VMware, SAP, Microsoft, Atos, Oracle Cloud, OVHcloud, Google, IBM, Interoute, DigitalOcean, Amazon Web Services, Oracle, Alibaba Cloud |
| SEGMENTS COVERED | Service Model, Deployment Model, End User, Application, Regional |
| KEY MARKET OPPORTUNITIES | Hybrid cloud adoption growth, Increased demand for data security, Expansion of AI and ML services, Rising remote work solutions, Government cloud initiatives and regulations |
| KEY MARKET DYNAMICS | rising demand for digital transformation, increasing adoption of hybrid cloud, regulatory compliance and data security concerns, competition among cloud service providers, cost efficiency and scalability requirements |
| COUNTRIES COVERED | Germany, UK, France, Russia, Italy, Spain, Rest of Europe |
FAQs
What is the expected market size of the Europe Cloud Computing Market by 2024?
The Europe Cloud Computing Market is expected to be valued at 79.75 USD Billion by 2024.
What is the projected market size for the Europe Cloud Computing Market by 2035?
By 2035, the Europe Cloud Computing Market is projected to reach a size of 200.0 USD Billion.
What is the expected compound annual growth rate (CAGR) for the Europe Cloud Computing Market from 2025 to 2035?
The expected CAGR for the Europe Cloud Computing Market from 2025 to 2035 is 8.718%.
Which region holds the largest market share in the Europe Cloud Computing Market in 2024?
Germany holds the largest market share in the Europe Cloud Computing Market, valued at 21.25 USD Billion in 2024.
What are the expected market values for the Software as a Service segment by 2035?
The Software as a Service segment is expected to reach a market value of 100.0 USD Billion by 2035.
Which companies are the major players in the Europe Cloud Computing Market?
Major players in the Europe Cloud Computing Market include Salesforce, Microsoft, Amazon Web Services, and Oracle Cloud, among others.
How much is the Infrastructure as a Service segment projected to grow by 2035?
The Infrastructure as a Service segment is projected to grow to 33.5 USD Billion by 2035.
What is the anticipated market value for the UK in the Europe Cloud Computing Market by 2035?
The anticipated market value for the UK in the Europe Cloud Computing Market by 2035 is 46.0 USD Billion.
What are the expected trends impacting the growth of the Europe Cloud Computing Market?
Key trends influencing the growth of the Europe Cloud Computing Market include increasing adoption of cloud services and digital transformation initiatives.
What is the market valuation for the Function as a Service segment in 2024 and 2035?
The Function as a Service segment is valued at 12.25 USD Billion in 2024 and is expected to grow to 26.0 USD Billion by 2035.
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