Public Cloud - France

France

Revenue in the Public Cloud market is projected to reach €17.96bn in 2024.
Software as a Service dominates the market with a projected market volume of €8.71bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.20%, resulting in a market volume of €39.72bn by 2029.
The average spend per employee in the Public Cloud market is projected to reach €559.00 in 2024.
In global comparison, most revenue will be generated in the United States (€360.20bn in 2024).

Key regions: United States, Germany, China, Japan, United Kingdom

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 include 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).

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Market

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Currency

Analyst Opinion

The Public Cloud Market in France is experiencing steady growth, driven by factors such as increasing adoption of cloud technologies, rising demand for online services, and the convenience offered by cloud-based solutions. This growth is also influenced by the average growth rate of the market and the increasing prevalence of sub-markets such as Infrastructure, Platform, Software, Business Process, and Desktop as a Service.

Customer preferences: The French market is witnessing a growing demand for public cloud services, driven by the need for flexible and cost-effective solutions. This trend is particularly evident among small and medium-sized enterprises, which are increasingly adopting cloud-based tools to streamline their operations and improve their competitiveness. Furthermore, the rise of remote work and the need for secure and reliable data storage and management are also contributing to the growth of the public cloud market in France.

Trends in the market: In France, the Public Cloud Market is experiencing a surge in demand for hybrid cloud solutions, allowing businesses to combine the benefits of both public and private clouds. This trend is being driven by the increasing adoption of digital transformation strategies and the need for flexible and scalable IT infrastructure. Additionally, there is a growing focus on data security and compliance, leading to a rise in the use of cloud-based security solutions. These trends are expected to continue, providing opportunities for cloud service providers and creating a more competitive landscape in the market. Industry stakeholders must stay informed and adaptable to capitalize on these trends and meet the evolving needs of businesses in France.

Local special circumstances: In France, the Public Cloud Market is thriving due to the country's strong focus on data privacy and security. The strict regulations around data protection have led to a high level of trust in cloud services, making it an attractive market for international providers. Additionally, the French government's push for digital transformation has increased demand for cloud solutions across industries. This unique combination of factors has created a stable and growing market for public cloud services in France.

Underlying macroeconomic factors: The Public Cloud Market in France is heavily influenced by macroeconomic factors such as advancements in technology, government policies, and overall economic conditions. As the global economy continues to grow, there is a higher demand for cloud services, and France's strong economy makes it an attractive market for public cloud providers. Additionally, the French government has implemented favorable policies to promote the adoption of cloud computing, such as tax incentives and subsidies. This has resulted in increased investment in the public cloud market in France, driving its growth. Moreover, the increasing digitization of businesses and the need for cost-effective IT solutions are also contributing to the growth of the public cloud market in France.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of telecommunications infrastructure. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.