Europe: cloud computing segment market size

The revenue is forecast to experience significant growth in all segments in 2027. The trend observed from 2016 to 2027 remains consistent throughout the entire forecast period. There is a continuous increase in the indicator across all segments. Notably, the Software as a Service segment achieves the highest value of 81.52 billion euro at 2027.

Find other insights concerning similiar markets and segments, such as a comparison of revenue growth in Germany and a comparison of revenue growth in Italy.

Cloud computing market size in Europe from 2016 to 2027, by segment (in billion EUR)

Characteristic	Software as a Service	Platform as a Service	Infrastructure as a Service
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Supplementary notes

Data provided by Statista Market Insights are estimates.

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.
Market values represent revenues paid to primary vendors (excluding VAT) and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.
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.

Company examples: Amazon Web Services, Microsoft Azure, Google Cloud, Salesforce, IBM.

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