The revenue in the 'Cloud Security' segment of the cybersecurity market in Europe was forecast to continuously increase between 2024 and 2029 by in total 1.2 billion U.S. dollars (+217.35 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 1.7 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Cloud Security' segment of the cybersecurity market was continuously increasing over the past years.Find more information concerning North America and Spain. The Statista Market Insights cover a broad range of additional markets.

The Europe Cloud Computing Market Report is Segmented by Deployment Type (Public Cloud, Private Cloud, Hybrid Cloud), Service Model (IaaS, Paas, Saas), Organization Size (SMEs, Large Enterprises), End-User Industry (Manufacturing, Education, Healthcare, BFSI, Telecom, Government, and More), and Geography (UK, Germany, France, Italy, Spain, Netherlands, Rest of Europe). The Market Forecasts are Provided in Terms of Value (USD).

Over the last two observations, the revenue is forecast to significantly increase in all segments. The trend observed from 2018 to 2029 remains consistent throughout the entire forecast period. There is a continuous increase in the revenue across all segments. Notably, the Software as a Service segment achieves the highest value of ****** billion euro in 2029. Find other insights concerning similar markets and segments, such as a comparison of revenue growth in Germany and a comparison of revenue growth in Italy.The Statista Market Insights cover a broad range of additional markets.

The Europe cloud computing market is being driven by the rising adoption of SaaS segment and increasing consumer demand. The market is expected to grow at a CAGR of 9.00% in the forecast period of 2025-2034 to reach a value of approximately USD 115.38 Billion by 2034.

By the second quarter of 2021, revenues from cloud computing in Europe amounted to approximately *** billion euros. At the same time, European service providers' market share declined to under ** percent, although their revenues increased. Both government investments in cloud computing initiatives as well as general digital transformation processes drive market growth. American cloud providers dominate the European market European cloud providers’ decline in market share is due the rise of American cloud providers including Amazon, Microsoft, and Google. Together, these three global players take ** percent of the European market. Deutsche Telekom is the leader among European cloud providers, taking *** percent of the market. It is followed by OVH Cloud from France and many regional cloud specialists and national telcos. European initiatives to strengthen regional providers Given the relative prominence of American cloud providers in the European market, the GAIA-X initiative has formed in 2019 to regain control over data sovereignty while simultaneously strengthening European cloud providers. Catching up with the US companies’ dominance in the European market will remain a challenge, however, given that in the future, European customers expect to increase spending on the American cloud companies rather than on regional providers.

The European cloud computing market, valued at €173.69 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 16.22% from 2025 to 2033. This surge is driven by several key factors. Increasing digital transformation initiatives across various sectors, including manufacturing, BFSI, and healthcare, are fueling demand for cloud-based solutions. Businesses are increasingly adopting cloud services to enhance operational efficiency, improve data management, and gain a competitive edge. The rise of big data analytics and the Internet of Things (IoT) also contribute significantly to market expansion. Furthermore, the increasing adoption of hybrid cloud models, offering a blend of public and private cloud infrastructure, is further accelerating growth. Government regulations promoting digitalization and cybersecurity are also playing a supportive role. Large enterprises are leading the adoption, followed by SMEs, reflecting a broad-based market penetration. The UK, Germany, and France represent the largest national markets within Europe, driven by strong digital infrastructure and a high concentration of technology-driven businesses. Despite this positive outlook, certain challenges persist. Concerns regarding data security and privacy, particularly with sensitive information stored in the cloud, remain a significant restraint. The complexity of migrating legacy systems to cloud-based environments and the associated costs can also hinder adoption, especially for smaller businesses. However, ongoing advancements in cloud security technologies, coupled with increased awareness of cloud benefits, are expected to mitigate these concerns over the forecast period. The increasing availability of skilled cloud professionals is also expected to support continued market expansion. Competition among major cloud providers, including AWS, Microsoft Azure, Google Cloud, and others, is intense, but fosters innovation and drives pricing competitiveness, ultimately benefiting end-users. Recent developments include: February 2024 - Admiral, a subsidiary of the Admiral Group, a British financial services firm, chose Google Cloud as its strategic cloud partner. As per the agreement, Google Cloud will power Admiral's core insurance operations, which include insurance policy administration and digital systems. Admiral plans to leverage Google Cloud technologies to innovate new digital products and services, notably enhancing its customer-facing mobile app. This partnership is expected to allow Admiral to speed up the launch of new products and services by utilizing containerized cloud applications and embracing modern software development practices. With Google Cloud’s data analytics capabilities, Admiral aims to boost operational efficiency and enhance customer service through AI and machine learning services., January 2024 - Vodafone and Microsoft Corp. unveiled a significant 10-year strategic partnership. This collaboration aims to harness their combined strengths, delivering expansive digital platforms to over 300 million businesses, public sector entities, and consumers throughout Europe and Africa. As part of the alliance, Vodafone is set to channel a USD 1.5 billion investment over the next decade, focusing on cloud services and AI solutions tailored for customers, all co-developed with Microsoft.. Key drivers for this market are: Strong Government Support for Promoting Cloud Adoption, Presence of Numerous Cloud Data Centers in the European Region. Potential restraints include: Strong Government Support for Promoting Cloud Adoption, Presence of Numerous Cloud Data Centers in the European Region. Notable trends are: Strong Government support for Promoting Cloud Adoption.

Europe AI Cloud Computing Market in Automotive Industry Report is Segmented by Services (Public Cloud (Software-As-A-Service (SaaS) Platform-As-A-Service (PaaS), Infrastructure-As-A-Service (IaaS)), Private Cloud (Colocation, In-House (OPaas, Staas))), Country (United Kingdom, Germany, France, Italy, Spain, Poland, Rest of Europe). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Europe Cloud Computing Market Overview: The European cloud computing market is projected to reach a value of 536.31 million units by 2033, growing at a CAGR of 16.22% during the forecast period 2025-2033. The rise in digital transformation initiatives, increased demand for data storage and processing, and growing adoption of cloud-based services are primarily driving market growth. Additionally, advancements in cloud computing technologies such as artificial intelligence (AI), machine learning (ML), and big data analytics are further fueling market expansion. Market Segments and Dynamics: The Europe cloud computing market is segmented based on type (public cloud, private cloud, and hybrid cloud) and organization size (SMEs and large enterprises). The public cloud segment holds the largest market share due to its cost-effectiveness, flexibility, and scalability. The healthcare, education, and retail sectors are key end-user industries contributing to the growth of the cloud computing market in Europe. Companies such as Amazon Web Services (AWS), Microsoft Corporation, IBM Corporation, and Google LLC hold prominent positions in the market. The market is expected to witness strong growth in the coming years as organizations continue to embrace cloud computing to enhance their operations and drive innovation. Recent developments include: February 2024 - Admiral, a subsidiary of the Admiral Group, a British financial services firm, chose Google Cloud as its strategic cloud partner. As per the agreement, Google Cloud will power Admiral's core insurance operations, which include insurance policy administration and digital systems. Admiral plans to leverage Google Cloud technologies to innovate new digital products and services, notably enhancing its customer-facing mobile app. This partnership is expected to allow Admiral to speed up the launch of new products and services by utilizing containerized cloud applications and embracing modern software development practices. With Google Cloud’s data analytics capabilities, Admiral aims to boost operational efficiency and enhance customer service through AI and machine learning services., January 2024 - Vodafone and Microsoft Corp. unveiled a significant 10-year strategic partnership. This collaboration aims to harness their combined strengths, delivering expansive digital platforms to over 300 million businesses, public sector entities, and consumers throughout Europe and Africa. As part of the alliance, Vodafone is set to channel a USD 1.5 billion investment over the next decade, focusing on cloud services and AI solutions tailored for customers, all co-developed with Microsoft.. Key drivers for this market are: Strong Government Support for Promoting Cloud Adoption, Presence of Numerous Cloud Data Centers in the European Region. Potential restraints include: Strong Government Support for Promoting Cloud Adoption, Presence of Numerous Cloud Data Centers in the European Region. Notable trends are: Strong Government support for Promoting Cloud Adoption.

In 2021, the European cloud computing market is forecast to amount to ** billion euros. By 2030, the market is projected to reach *** billion euros.

Europe Hybrid cloud computing market USD 29442.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031. Digital transformation initiatives are expected to aid the sales to USD 88786.8 million by 2031.

Western Europe Cloud Computing Market is predicted to increase due to the rising investment by the colocation service providers to strengthen their market position.

In 2020, the software as a service (SaaS) segment of the European cloud computing market stood at ** percent. The share of the platform as a service segment is forecast to grow to ** percent market share by 2030 from ** percent in 2021.

The European mobile cloud market, valued at €57.97 million in 2025, is projected to experience robust growth, driven by the increasing adoption of mobile devices, the surge in demand for cloud-based services across various sectors, and the expansion of 5G network infrastructure. This expansion is fueled by several key factors. Firstly, enterprises across diverse sectors, including finance, gaming, and healthcare, are increasingly leveraging mobile cloud solutions to enhance operational efficiency, improve data accessibility, and scale their operations cost-effectively. Secondly, the rising popularity of mobile gaming and entertainment applications necessitates robust and scalable cloud infrastructure to meet the growing demand for high-quality, on-demand services. Finally, the enhanced security features offered by many mobile cloud platforms are attracting businesses concerned with data protection and compliance. Growth is expected to be particularly strong in countries with advanced digital infrastructure and high mobile penetration rates, such as the United Kingdom, Germany, and France. While the market faces challenges such as data security concerns and regulatory hurdles related to data privacy, these are being addressed through technological advancements and stricter regulations, ultimately driving market growth. The competitive landscape is characterized by major players such as IBM, Amazon Web Services, Google, and Microsoft, alongside several specialized cloud providers. These companies are investing heavily in research and development to improve the functionality, security, and accessibility of their mobile cloud platforms, intensifying competition and driving innovation. The market segmentation by user (enterprise and consumer) and application (gaming, finance, etc.) allows for targeted market strategies and reveals distinct growth trajectories within specific sectors, further contributing to market dynamism. The continued expansion of 5G networks and increasing adoption of mobile devices are projected to fuel this growth throughout the forecast period (2025-2033), leading to significant market expansion. Recent developments include: The European mobile cloud market is moderately concentrated, with many market players cornering a very small share of the market. The market is getting more and more split up because regional markets are growing and more and more local companies are getting involved in foreign direct investments., March 2022: In order to make service provider cloud networks more consumable, flexible, and automated, Nokia has launched Adaptive Cloud Networking, a cloud-native solution. The all-encompassing solution boosts a service provider's data center fabric and smoothly expands its operations to the edge clouds in order to meet the erratic needs of the 5G era. With this new way of building and running telco clouds, service providers will be able to strengthen their important role in the value chain of the 5G digital network., June 2022: Official release of the Huawei Mobile Cloud PC Client, which offers users a safe and simple way to manage and safely share their data. HUAWEI Mobile Cloud PC Client is being officially introduced at the same time as two new Huawei laptops, the MateBook 16s and MateBook D16. Both of these laptops include HUAWEI Mobile Cloud PC Client and are available in more than 30 countries and more than 12 languages in Europe.. Key drivers for this market are: Development in IT Infrastructure in the Region, Advancing Internet Connectivity. Potential restraints include: Development in IT Infrastructure in the Region, Advancing Internet Connectivity. Notable trends are: Gaming Segment is Observing a Significant Increase.

The use of cloud computing services among travel agencies, tour operators, and related activities in the European Union (EU-27) increased from 2021 to 2023. Overall, around *** in ten travel agencies and similar enterprises in the EU reported buying cloud computing services used over the internet in 2023. Meanwhile, roughly ** percent of surveyed companies mentioned having bought emails as cloud computing services that year.

Snapshot img

Cloud Computing Market Size 2025-2029

The cloud computing market size is forecast to increase by USD 600.5 billion, at a CAGR of 18.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing trend towards cost savings and the heightened priority placed on data security. Businesses are increasingly turning to cloud solutions to reduce IT expenses and improve operational efficiency by using AI and ML technologies. Simultaneously, the demand for private cloud deployments is surging due to concerns over data security and compliance. However, the adoption of cloud computing is not without challenges. Integration issues persist as organizations grapple with combining various cloud services and on-premises systems. These challenges necessitate a strategic approach from companies seeking to capitalize on the market's potential while effectively navigating obstacles. By focusing on seamless integration and addressing data security concerns, organizations can maximize the benefits of cloud computing and maintain a competitive edge.

What will be the Size of the Cloud Computing Market during the forecast period?

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Cloud infrastructure continues to evolve, shaping the technological landscape with its dynamic nature. Compliance and security remain paramount, with data encryption being a critical component. Nosql databases and relational databases (RDBMS) coexist, catering to diverse business needs. Cloud cost management is an ongoing concern, as organizations navigate the complexities of public, private, and hybrid cloud environments. Business continuity and disaster recovery are integral to cloud computing adoption. Agile methodologies and serverless computing facilitate swift development and deployment. Virtual machines (VMs) and containerization offer flexibility, while cloud databases power data-driven decision-making. Cloud-native applications, cloud-based monitoring, and cloud-based software development streamline operations.

Cloud computing training and certifications equip professionals with the necessary skills. API management and edge computing expand the reach of cloud services. Cloud computing solutions cater to various sectors, from data warehousing and cloud analytics to cloud gaming and cloud-based productivity suites. Cloud telephony, cloud-based support, and unified communications enhance communication capabilities. Cloud optimization and artificial intelligence (AI) drive efficiency and innovation. Cloud governance ensures compliance with regulations and best practices. Cloud storage, cloud networking, and object storage provide scalable and secure data management. Cloud collaboration tools and file storage facilitate teamwork. Cloud monitoring and data analytics platforms offer insights into operational performance.

The continuous unfolding of market activities reveals evolving patterns, with public cloud, big data analytics, and cloud-based email services gaining traction. Cloud computing consulting and cloud-based training support organizations in their digital transformation journeys. The integration of load balancers, cloud-based testing, and cloud deployment tools further enhances the versatility of cloud infrastructure. In the ever-evolving cloud landscape, cloud computing regulations and business intelligence (BI) solutions emerge to address the unique challenges of the digital age. Cloud gaming, cloud-based productivity suites, and cloud-based support services expand the reach of cloud computing, offering new opportunities for businesses and individuals alike.

The ongoing adoption of cloud computing is marked by the seamless integration of various components, including cloud cost management, virtual machines, data warehousing, and cloud-native applications. The future of cloud infrastructure lies in its ability to adapt and innovate, driven by advancements in AI, ML, and edge computing.

How is this Cloud Computing Industry segmented?

The cloud computing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Deployment

  Public cloud
  Private cloud


Service

  SaaS
  IaaS
  PaaS


Workload

  Application Development & Testing
  Data Storage & Backup
  Resource Management
  Orchestration Services
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW). 

By Deployment Insights

The public cloud segment is estimated to witness significant grow

The report on Western Europe Cloud Computing covers a summarized study of several factors supporting market growth, such as market size, market type, major regions, and end-user applications. The report enables customers to recognize key drivers that influence and govern the market.

EU Countries with the Highest Share of Enterprises Buying Cloud Computing Services, 2016 Discover more data with ReportLinker!

Europe Healthcare Cloud Computing Market growth is driven by digitize and prioritize data accessibility, scalability, and collaboration, cloud computing will serve as a critical enabler of future-ready healthcare delivery models.

The Data Processing and Hosting Services industry has transformed over the past decade, with the growth of cloud computing creating new markets. Demand surged in line with heightened demand from banks and a rising number of mobile connections across Europe. Many companies regard cloud computing as an innovative way of reducing their operating costs, which has led to the introduction of new services that make the sharing of data more efficient. Over the five years through 2025, revenue is expected to hike at a compound annual rate of 4.3% to €113.5 billion, including a 5.6% jump in 2025. Industry profit has been constrained by pricing pressures between companies and regions. Investments in new-generation data centres, especially in digital hubs like Frankfurt, London, and Paris, have consistently outpaced available supply, underlining the continent’s insatiable appetite for processing power. Meanwhile, 5G network roll-outs and heightened consumer expectations for real-time digital services have made agile hosting and robust cloud infrastructure imperative, pushing providers to invest in both core and edge data solutions. Robust growth has been fuelled by rapid digitalisation, widespread cloud adoption, and exploding demand from sectors such as e-commerce and streaming. Scaling cloud infrastructure, driven by both established giants, like Amazon Web Services (AWS), Microsoft Azure and Google Cloud and nimble local entrants, has allowed the industry to keep pace with unpredictable spikes in online activity and increasingly complex data needs. Rising investment in data centre capacity and the proliferation of high-availability hosting have significantly boosted operational efficiency and market competitiveness, with revenue growth closely tracking the boom in cloud and streaming services across the continent. Industry revenue is set to grow moving forward as European businesses incorporate data technology into their operations. Revenue is projected to boom, growing at a compound annual rate of 10.3% over the five years through 2030, to reach €185.4 billion. Growth is likely to be assisted by ongoing cloud adoption, accelerated 5G expansion, and soaring investor interest in hyperscale and sovereign data centres. Technical diversification seen in hybrid cloud solutions, edge computing deployments, and sovereign clouds, will create significant opportunities for incumbents and disruptors alike. Pricing pressures, intensified by global hyperscalers’ economies of scale and assertive licensing strategies, will pressurise profit, especially for smaller participants confronting rising capital expenditure and compliance costs.

Snapshot img

Healthcare Cloud Computing Market Size 2024-2028

The healthcare cloud computing market size is forecast to increase by USD 98.6 billion, at a CAGR of 31.52% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing adoption of cloud technologies in the healthcare industry. The introduction of integrated service offerings, such as telemedicine, electronic health records, and remote monitoring, is transforming the way healthcare services are delivered. These solutions enable healthcare providers to enhance patient care, improve operational efficiency, and reduce costs. However, the market also faces challenges. The shortage of cloud professionals with expertise in healthcare IT is a significant obstacle, hindering the implementation and optimization of cloud solutions. Moreover, the introduction of edge computing in healthcare adds complexity to the landscape, requiring healthcare organizations to manage both cloud and edge infrastructure effectively.
To capitalize on the market opportunities and navigate these challenges, companies must invest in building a skilled workforce, leveraging automation, and adopting a hybrid cloud strategy. By doing so, they can deliver innovative healthcare services, improve patient outcomes, and stay competitive in the rapidly evolving healthcare technology landscape.

What will be the Size of the Healthcare Cloud Computing Market during the forecast period?

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The market continues to evolve, driven by the increasing adoption of technology in the healthcare sector. Applications of cloud computing span various sectors, including medical devices, wearable sensors, and mobile health. Business continuity and high availability are crucial considerations, ensuring uninterrupted access to critical data. Entities access control and vulnerability management are integral to securing sensitive patient information. Blockchain technology offers enhanced security and transparency for healthcare data. Healthcare CRM, risk management, prescription management, and HIPAA compliance are seamlessly integrated, improving operational efficiency and regulatory adherence. Data security, disaster recovery, and intrusion detection are essential components of cloud computing security.

Predictive analytics and workflow automation enable data-driven decision-making, while API integration streamlines data exchange between systems. Cloud storage solutions cater to different organizational needs, ranging from public to private and hybrid cloud deployments. Machine learning and artificial intelligence are transforming healthcare, from medical imaging analysis to clinical decision support. Data encryption and multi-factor authentication further bolster data security. Compliance auditing ensures ongoing adherence to regulatory requirements. The healthcare cloud computing landscape remains dynamic, with continuous innovation shaping the future of healthcare delivery.

How is this Healthcare Cloud Computing Industry segmented?

The healthcare cloud computing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  SaaS
  IaaS
  PaaS


Component

  Hardware
  Services


Deployment Model

  Public Cloud
  Private Cloud
  Hybrid Cloud


End-User

  Healthcare Providers (Hospitals, Clinics, Diagnostic Labs)
  Healthcare Payers
  Pharmaceutical & Biotechnology Companies
  Research Organizations


Application

  Clinical Information Systems (EHR/EMR, PACS, RIS)
  Non-Clinical Information Systems (Revenue Cycle Management, CRM, Supply Chain Management)
  Healthcare Analytics
  Telehealth & Telemedicine


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The SaaS segment is estimated to witness significant growth during the forecast period.

In the dynamic healthcare industry, Software-as-a-Service (SaaS) solutions have gained significant traction due to their on-demand delivery through the Internet. Healthcare organizations subscribe to these applications, eliminating the need for on-premises software installations. SaaS solutions, also known as web-based, on-demand, or hosted software, are centrally managed by service providers, thereby reducing licensing costs. SaaS solutions dominate the market, driven by their ease of deployment, shorter lead times compared to traditional software, and the servi