UK Cloud Computing Market
UK Cloud Computing Market Size, Share and Trends Analysis 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) andBy Application (Data Backup and Recovery, Application Hosting, Disaster Recovery, Big Data Analytics)- Forecast to 2035
Industry Developments
The UK Cloud Computing Market has seen significant developments recently, with major companies actively expanding their services and capabilities. Microsoft has been increasing its investment in data centers across the UK to enhance its Azure services, emphasizing the importance of data sovereignty for UK customers. In September 2023, Amazon Web Services launched an initiative to boost cloud innovation among UK startups, enhancing its competitive edge in the regional market. Additionally, Salesforce announced partnerships aimed at integrating AI features to improve customer relationship management for UK businesses. On the financial front, VMware reported a growth of 15% in its cloud services revenue, reflecting increased customer adoption in the UK. Amidst these developments, the landscape has been stirred by recent mergers, particularly the anticipated acquisition of a local startup by Red Hat to strengthen its open-source cloud offerings, anticipated to finalize by the end of Q4 2023. The growth in these organizations is fostering a vibrant ecosystem in the UK, supporting digital transformation for a variety of sectors, underlining the crucial role cloud computing plays in the nation’s economy.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 18.34(USD Billion) |
| MARKET SIZE 2024 | 19.94(USD Billion) |
| MARKET SIZE 2035 | 35.0(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.248% (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, Red Hat, Cisco, VMware, Microsoft, Atos, SAP, Google, IBM, DigitalOcean, Amazon Web Services, Zoho, Oracle, Rackspace Technology, Alibaba Cloud |
| SEGMENTS COVERED | Service Model, Deployment Model, End User, Application |
| KEY MARKET OPPORTUNITIES | Hybrid cloud solutions growth, Increased demand for data security, Rise in remote work technologies, Government cloud initiatives expansion, Small business cloud adoption increase |
| KEY MARKET DYNAMICS | rapid adoption of remote work, increasing data security concerns, demand for scalable solutions, rising competition among providers, evolving regulatory landscape |
| COUNTRIES COVERED | UK |
FAQs
What is the expected market size of the UK Cloud Computing Market in 2024?
The UK Cloud Computing Market is expected to be valued at 19.94 USD Billion in 2024.
What is the projected market size of the UK Cloud Computing Market by 2035?
By 2035, the overall market is projected to reach 35.0 USD Billion.
What is the compound annual growth rate (CAGR) for the UK Cloud Computing Market from 2025 to 2035?
The expected CAGR for the UK Cloud Computing Market during the period from 2025 to 2035 is 5.248 %.
What are the major service segments in the UK Cloud Computing Market?
The market is divided into Infrastructure as a Service, Platform as a Service, Software as a Service, and Function as a Service.
What is the market size of Infrastructure as a Service in the UK Cloud Computing Market for 2024?
Infrastructure as a Service is valued at 5.5 USD Billion in the UK Cloud Computing Market for 2024.
What is the expected growth in the Software as a Service segment by 2035?
The Software as a Service segment is projected to grow to 13.9 USD Billion by 2035.
What are some of the key players in the UK Cloud Computing Market?
Key players in the market include Salesforce, Red Hat, Cisco, VMware, Microsoft, and Amazon Web Services.
How much is the Platform as a Service segment expected to be worth in 2035?
The Platform as a Service segment is expected to reach 7.2 USD Billion by 2035.
What is the market size for Function as a Service in 2024?
Function as a Service is valued at 2.24 USD Billion in the year 2024.
What growth opportunities exist within the UK Cloud Computing Market?
The market presents growth opportunities driven by increasing digital transformation, cloud adoption, and evolving customer needs.
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