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The cloud computing market in Europe is gaining momentum, propelled by the growing adoption of Software as a Service (SaaS) and rising consumer demand. It is expected to grow at a CAGR of 9.00% during the 2025u20132034 forecast period, reaching an estimated value of around USD 115.38 billion by 2034.
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Europe Cloud Computing Market Analysis, Growth & Industry Trends Report - Forecast Trends (2025-2034)
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Europe Cloud Computing Market Outlook 2025-2034 The Europe cloud computing market is experiencing strong growth, primarily driven by the increasing adoption of Software-as-a-Service (SaaS) solutions and growing consumer demand for flexible and scalable digital services. The market is projected to expand at a compound annual growth rate (CAGR) of 9.00% during the forecast period of 2025–2034, reaching an estimated value of around USD 115.38 billion by 2034.
Europe Cloud Computing Market Growth The cloud computing landscape in Europe is undergoing rapid transformation as businesses and public institutions increasingly migrate to cloud-based infrastructures. The demand for flexibility, scalability, and real-time access to data has accelerated the adoption of cloud solutions across various sectors, including healthcare, finance, manufacturing, and education. The growing reliance on remote working models and digital collaboration tools is also playing a key role in shaping the region's cloud ecosystem. With a strong focus on innovation, enterprises are now leveraging cloud technologies not only to optimize operations but also to drive smarter decision-making and enhance customer experiences. According to Expert Market Research, the Europe cloud computing market is anticipated to grow at a CAGR of 9.00% during the forecast period of 2025–2034, reaching an estimated value of approximately USD 115.38 billion by 2034. This growth is attributed to the surging adoption of the SaaS segment, which enables businesses to access sophisticated software tools without the need for extensive IT infrastructure. The report highlights that data sovereignty, regulatory compliance, and security remain top priorities for European companies, leading to increased investments in private and hybrid cloud models. Additionally, governments across Europe are actively promoting digital transformation initiatives, further fueling market expansion. As digital-first strategies become a competitive necessity, cloud computing is no longer a luxury but a core element of modern enterprise infrastructure. European organizations are increasingly choosing tailored cloud solutions to meet industry-specific demands while ensuring compliance with stringent data protection laws such as GDPR. With continuous advancements in AI, machine learning, and edge computing, the region is poised to witness a new wave of innovation driven by cloud-based technologies. As this digital evolution unfolds, Europe stands at the forefront of a smarter, more agile, and interconnected future. 05 This is a sample text. 01 Trade Data Analysis
Europe Cloud Computing Market Trends The cloud computing market in Europe is experiencing a major shift as organizations increasingly embrace digital transformation. One of the most prominent trends is the widespread adoption of hybrid and multi-cloud strategies. Rather than relying on a single cloud provider, businesses are now opting for a combination of public and private cloud environments to optimize performance, ensure data security, and maintain regulatory compliance. This flexible approach allows companies to tailor their cloud infrastructure to specific needs, enhancing operational efficiency and business continuity. Moreover, the ability to seamlessly scale resources up or down is helping businesses remain agile in a fast-paced digital environment. Another key trend is the growing focus on data privacy and sovereignty, especially in response to strict regulatory frameworks such as the General Data Protection Regulation (GDPR). European enterprises are becoming more cautious and selective about where and how their data is stored and processed. As a result, there's a rising preference for local cloud providers or data centers located within European borders. This trend is pushing international cloud providers to establish more regional facilities and adopt transparent data handling practices to earn consumer trust. Additionally, the increasing use of encryption and zero-trust architecture is reinforcing data protection strategies across cloud platforms. Sustainability is also becoming a defining factor in cloud adoption across Europe. With increasing awareness of environmental impact, organizations are seeking cloud solutions that align with their green initiatives. Cloud providers are responding by investing in energy-efficient data centers, utilizing renewable energy sources, and offering carbon-neutral services. At the same time, the integration of advanced technologies like AI, IoT, and machine learning into cloud platforms is unlocking new capabilities, allowing businesses to innovate faster and deliver smarter services in an increasingly competitive digital landscape. 05 This is a sample text. 01 Trade Data Analysis
Europe Cloud Computing Industry Segmentation Based On the Service Type: • Software-as-a-Service (SaaS) • Infrastructure-as-a-Service (IaaS) • Platform-as-a-Service (PaaS) Based on the Deployment Model: • Public Model • Private Cloud • Hybrid Cloud Based on the Organisation Type: • Large Enterprises • SMEs 05 This is a sample text. Market Trade Data Analysis Demand Drivers Cost Analysis 01 Trade Data Analysis Additional Insights Competitive Landscape Capacity Additions, Plant Turnarounds and Mergers 01 Trade Data Analysis
Europe Cloud Computing Industry Segmentation Based On the Application: • IT and Telecom • BFSI • Retail • Healthcare • Government and Public Sector • Manufacturing • Education • Others Based on the Region: • United Kingdom • Germany • France • Italy • Others 05 This is a sample text. Market Trade Data Analysis Demand Drivers Cost Analysis 01 Trade Data Analysis Additional Insights Competitive Landscape Capacity Additions, Plant Turnarounds and Mergers 01 Trade Data Analysis
Leading Companies in the Europe Cloud Computing Market The report provides a comprehensive analysis of the leading players in the Europe cloud computing market, examining their competitive positioning, operational capacities, and recent developments such as mergers, acquisitions, strategic investments, capacity expansions, and infrastructure upgrades. Oracle Corporation Oracle Corporation is a global leader in cloud technology, offering a comprehensive portfolio of cloud services ranging from infrastructure (IaaS) to applications (SaaS). In Europe, Oracle is actively expanding its network of cloud regions to meet the growing demand for secure, localized data processing. Its Oracle Cloud Infrastructure (OCI) platform is known for high performance, enterprise-grade security, and compatibility with open-source technologies. The company is also investing in AI, machine learning, and data analytics capabilities to help European businesses modernize operations and improve decision-making. SAP SE SAP SE, headquartered in Walldorf, Germany, plays a crucial role in Europe’s cloud computing landscape. As a pioneer in enterprise software, SAP offers a robust cloud ecosystem that includes SAP S/4HANA Cloud, SAP Business Technology Platform, and industry-specific cloud applications. The company is deeply integrated into the digital transformation strategies of various European industries, including automotive, manufacturing, and finance. SAP’s commitment to sustainability and data privacy also aligns with the region’s regulatory and environmental goals, making it a trusted partner for many public and private sector clients.
Leading Companies in the Europe Cloud Computing Market The report provides a comprehensive analysis of the leading players in the Europe cloud computing market, examining their competitive positioning, operational capacities, and recent developments such as mergers, acquisitions, strategic investments, capacity expansions, and infrastructure upgrades. RheoCube RheoCube is an innovative cloud-based simulation platform that allows researchers and engineers to virtually test the behavior of complex fluids and materials. This no-code platform leverages high-performance computing to run digital experiments, significantly cutting down on time and cost associated with traditional lab testing. RheoCube is gaining traction across Europe, particularly in the chemical, pharmaceutical, and consumer goods sectors, where R&D teams are under pressure to innovate faster while maintaining precision and compliance. StorageOS StorageOS delivers enterprise-grade, cloud-native storage solutions tailored for Kubernetes environments. Its technology enables organizations to run stateful applications in containers without compromising on performance or resilience. Headquartered in London, the company is well-positioned to serve the growing DevOps community across Europe. With the rise of microservices and container-based architectures, StorageOS is helping companies modernize their infrastructure by providing scalable, self-healing storage that works seamlessly across public, private, and hybrid clouds.
Table of Contents 01 Executive Summary 1.1 Market Size 2024-2025 1.2 Market Growth 2025(F)-2034(F) 1.3 Key Demand Drivers 1.4 Key Players and Competitive Structure 1.5 Industry Best Practices 1.6 Recent Trends and Developments 1.7 Industry Outlook 02 Market Overview and Stakeholder Insights 2.1 Market Trends 2.2 Key Verticals 2.3 Key Countries 2.4 Supplier Power 2.5 Buyer Power 2.6 Key Market Opportunities and Risks 2.7 Key Initiatives by Stakeholders 03 Economic Summary 3.1 GDP Outlook 3.2 GDP Per Capita Growth 3.3 Inflation Trends 3.4 Democracy Index
Table of Contents 3.5 Gross Public Debt Ratios 3.6 Balance of Payment (BoP) Position 3.7 Population Outlook 3.8 Urbanisation Trends 04 Country Risk Profiles 4.1 Country Risk 4.2 Business Climate 05 Europe Cloud Computing Market Analysis 5.1 Key Industry Highlights 5.2 Europe Cloud Computing Historical Market (2018-2024) 5.3 Europe Cloud Computing Market Forecast (2025-2034) 5.4 Europe Cloud Computing Market by Service Type 5.4.1 Software-as-a-Service (SaaS) 5.4.1.1 Historical Trend (2018-2024) 5.4.1.2 Forecast Trend (2025-2034) 5.4.2 Infrastructure-as-a-Service (IaaS) 5.4.2.1 Historical Trend (2018-2024) 5.4.2.2 Forecast Trend (2025-2034) 5.4.3 Platform-as-a-Service (PaaS) 5.4.3.1 Historical Trend (2018-2024) 5.4.3.2 Forecast Trend (2025-2034)
Table of Contents 5.5 Europe Cloud Computing Market by Deployment Model 5.5.1 Public Model 5.5.1.1 Historical Trend (2018-2024) 5.5.1.2 Forecast Trend (2025-2034) 5.5.2 Private Cloud 5.5.2.1 Historical Trend (2018-2024) 5.5.2.2 Forecast Trend (2025-2034) 5.5.3 Hybrid Cloud 5.5.3.1 Historical Trend (2018-2024) 5.5.3.2 Forecast Trend (2025-2034) 5.6 Europe Cloud Computing Market by Organisation Type 5.6.1 Large Enterprises 5.6.1.1 Historical Trend (2018-2024) 5.6.1.2 Forecast Trend (2025-2034) 5.6.2 SMEs 5.6.2.1 Historical Trend (2018-2024) 5.6.2.2 Forecast Trend (2025-2034) 5.7 Europe Cloud Computing Market by Application 5.7.1 IT and Telecom 5.7.1.1 Historical Trend (2018-2024) 5.7.1.2 Forecast Trend (2025-2034)
Table of Contents 5.7.2 BFSI 5.7.2.1 Historical Trend (2018-2024) 5.7.2.2 Forecast Trend (2025-2034) 5.7.3 Retail 5.7.3.1 Historical Trend (2018-2024) 5.7.3.2 Forecast Trend (2025-2034) 5.7.4 Healthcare 5.7.4.1 Historical Trend (2018-2024) 5.7.4.2 Forecast Trend (2025-2034) 5.7.5 Government and Public Sector 5.7.5.1 Historical Trend (2018-2024) 5.7.5.2 Forecast Trend (2025-2034) 5.7.6 Manufacturing 5.7.6.1 Historical Trend (2018-2024) 5.7.6.2 Forecast Trend (2025-2034) 5.7.7 Education 5.7.7.1 Historical Trend (2018-2024) 5.7.7.2 Forecast Trend (2025-2034) 5.7.8 Others 5.8 Europe Cloud Computing Market by Countries 5.8.1 United Kingdom
Table of Contents 5.8.2 Germany 5.8.3 France 5.8.4 Italy 5.8.5 Others 06 Regional Analysis 6.1 United Kingdom 6.1.1 Historical Trend (2018-2024) 6.1.2 Forecast Trend (2025-2034) 6.2 Germany 6.2.1 Historical Trend (2018-2024) 6.2.2 Forecast Trend (2025-2034) 6.3 France 6.3.1 Historical Trend (2018-2024) 6.3.2 Forecast Trend (2025-2034) 6.4 Italy 6.4.1 Historical Trend (2018-2024) 6.4.2 Forecast Trend (2025-2034) 07 Market Dynamics 7.1 SWOT Analysis 7.1.1 Strengths 7.1.2 Weaknesses
Table of Contents 7.1.3 Opportunities 7.1.4 Threats 7.2 Porter’s Five Forces Analysis 7.2.1 Supplier’s Power 7.2.2 Buyer’s Power 7.2.3 Threat of New Entrants 7.2.4 Degree of Rivalry 7.2.5 Threat of Substitutes 7.3 Key Indicators for Demand 7.4 Key Indicators for Price 08 Value Chain Analysis 09 Competitive Landscape 9.1 Supplier Selection 9.2 Key Global Players 9.3 Key Regional Players 9.4 Key Player Strategies 9.5 Company Profiles 9.5.1 Oracle Corporation 9.5.1.1 Company Overview 9.5.1.2 Product Portfolio 9.5.1.3 Demographic Reach and Achievements
Table of Contents 9.5.1.4 Certifications 9.5.2 SAP SE 9.5.2.1 Company Overview 9.5.2.2 Product Portfolio 9.5.2.3 Demographic Reach and Achievements 9.5.2.4 Certifications 9.5.3 RheoCube 9.5.3.1 Company Overview 9.5.3.2 Product Portfolio 9.5.3.3 Demographic Reach and Achievements 9.5.3.4 Certifications 9.5.4 StorageOS 9.5.4.1 Company Overview 9.5.4.2 Product Portfolio 9.5.4.3 Demographic Reach and Achievements 9.5.4.4 Certifications 9.5.5 Others
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