Serbia has recorded the highest public cloud market revenue among Western Balkan countries, measured at 288 million euros in 2023. This figure is forecast to increase significantly and peak at 965 million euros in 2029.
Public cloud market revenue in the Western Balkans from 2017 to 2029
(in million euros)
Data provided by Statista Market Insights are estimates.
Definition:
A public cloud is defined as the digital infrastructure and computing resources that are managed by a service provider. Examples of public cloud computing resources incloude virtual machines, storage, and services, all of which are available for purchase with flexible (e.g., pay as you go and subscription) business models. Such payment options make it possible for customers to access, scale, and utilize resources as needed. Public cloud solutions make it possible for users to save on IT costs, increase their efficiency, and take advantage of advanced technologies without having to invest in long-term IT solutions. Public cloud service providers own and maintain the physical infrastructure, hardware, and software. Users only need to pay for the computing resources that they require. The Public Cloud market refers to the companies that provide these cloud computing resources and services to individuals, businesses, and organizations.
Structure:
The Public Cloud market is structured into five markets based on the type of service models provided by the companies.
The Infrastructure as a Service (IaaS) market covers the resources and services related to the data center infrastructure.
The Platform as a Service (PaaS) market covers the resources and services related to the virtual environments used for software development.
The Software as a Service market (SaaS) market covers the resources and services related to software applications that can be accessed via a web browser.
The Business Process as a Service (BPaaS) market covers the resources and services related to the various business processes such as finance and accounting, human resources, customer service, and supply chain management, all delivered through the cloud.
The Desktop as a Service (DaaS) market covers the resources and services related to virtual desktop environments, which are accessible from any device with an internet connection.
Additional Information:
The public cloud market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.
Key players of the public cloud market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (Cloud), and IBM (Cloud).
For more information on the data displayed, use the info button right next to the boxes.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (September 20, 2024). Public cloud market revenue in the Western Balkans from 2017 to 2029 (in million euros) [Graph]. In Statista. Retrieved October 09, 2024, from https://www.statista.com/forecasts/1494183/western-balkans-public-cloud-market-revenue
Statista. "Public cloud market revenue in the Western Balkans from 2017 to 2029 (in million euros)." Chart. September 20, 2024. Statista. Accessed October 09, 2024. https://www.statista.com/forecasts/1494183/western-balkans-public-cloud-market-revenue
Statista. (2024). Public cloud market revenue in the Western Balkans from 2017 to 2029 (in million euros). Statista. Statista Inc.. Accessed: October 09, 2024. https://www.statista.com/forecasts/1494183/western-balkans-public-cloud-market-revenue
Statista. "Public Cloud Market Revenue in The Western Balkans from 2017 to 2029 (in Million Euros)." Statista, Statista Inc., 20 Sep 2024, https://www.statista.com/forecasts/1494183/western-balkans-public-cloud-market-revenue
Statista, Public cloud market revenue in the Western Balkans from 2017 to 2029 (in million euros) Statista, https://www.statista.com/forecasts/1494183/western-balkans-public-cloud-market-revenue (last visited October 09, 2024)
Public cloud market revenue in the Western Balkans from 2017 to 2029 (in million euros) [Graph], Statista, September 20, 2024. [Online]. Available: https://www.statista.com/forecasts/1494183/western-balkans-public-cloud-market-revenue