• UK: software as a service revenue 2016-2026

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In the United Kingdom, software as a service in the public cloud market generated approximately 10.2 billion U.S. dollars of revenue in 2021. According to the Technology Market Outlook, revenue of this market is set to increase to some 16.47 billion U.S. dollars by 2026.

Public cloud software as a service revenue in the United Kingdom from 2016 to 2026 (in billion U.S. dollars)

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Supplementary notes

The market for Public Cloud includes revenues generated by the three cloud computing service models of Infrastructure as a Service, Platform as a Service, and Software as a Service. In general, these services are offered by third-party service providers who deliver computing resources such as servers and storage capabilities, developing tools and frameworks as well as business applications to customers via the internet. These services are remotely managed, enabled, and distributed by third-party, large-scale data centers. In comparison to a private cloud, a public cloud offers its services not only to individual organizations, but to many other users via the public internet. Public cloud allows for scalability and resource sharing that would not otherwise be possible for a single organization to achieve.

All figures are estimates. A detailed methodology can be found in the Technology Market Outlook.