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Europe Cloud Computing Market: By Service Type; By Deployment Model: Public Model, Private Cloud, Hybrid Cloud; By Organisation Type: Large Enterprises, SMEs; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Europe Cloud Computing Market Outlook

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% in the forecast period of 2021-2026 to reach a value of approximately USD 68.8 billion by 2026.

 

Europe Cloud Computing Market

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Rising Consumer Demand Boosting the Cloud Computing Industry Growth

Large companies will see a surge in the usage of on-demand computing services to speed up the delivery of IT services in the European cloud computing sector. According to the European Commission, cloud computing was used by 26% of EU companies in 2018, mainly for e-mail and file storage. Large companies used these facilities even more than small businesses, maintaining market stability and gaining a strategic advantage over rivals. The growing consumer demand for replacing legacy, on-premise infrastructure has also fueled the adoption of cloud computing in large enterprises. The steady adoption of cloud computing platforms to minimise IT infrastructure procurement and maintenance costs, as well as the rapid expansion of global cloud vendors within European countries, are driving the growth of the cloud computing market in Europe.

 

Cloud Computing:  Industry Definition and Segmentation

Cloud computing refers to the on-demand distribution of computing resources over the internet, such as storage, servers, applications, and networking, to allow quicker innovation and economies of scale. Customers prefer cloud computing over conventional on-premise deployments because it helps them to pay directly for the resources they need and handle their technology more effectively. The widespread acceptance of cloud computing services, especially public cloud, would result in a rise in Europe's cloud computing market share.

 

Europe Cloud Computing Market By Service Type

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Based on service type,  the market is divided into:

  • Software-as-a-Service (SaaS)
  • Infrastructure-as-a-Service (IaaS)
  • Platform-as-a-Service (PaaS)

With regards to organisation type, the market is bifurcated into:

  • Large Enterprises
  • SMEs

On the basis of deployment model, the market is segmented into:

  • Public
  • Private
  • Hybrid

By application, the market is segregated into:

  • IT and Telecom
  • BFSI
  • Retail
  • Healthcare
  • Government and Public Sector
  • Manufacturing
  • Education
  • Others

The regional markets for the product include the United Kingdom, Germany, France, and Italy, among others.

 

Europe Cloud Computing Market By Region

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Rising Adoption of SaaS Segment Fostering the Growth of Europe Cloud Computing Industry

Due to the widespread adoption of SaaS services, the SaaS segment accounted for a significant percentage of the European cloud computing industry in 2018 and is projected to retain its leading market revenue share by 2026. SaaS (Software as a Service) is a software licensing model that involves the distribution of centrally hosted software on a subscription basis. The growing demand for Customer Relationship Management (CRM), Accounting Management (AM), and Enterprise Resource Planning (ERP) tools has fueled the growth of SaaS portals, which enable users to link to applications through the internet. The market for these platforms is expected to increase as the underlying infrastructure is operated by a service provider, and customers will scale up or down depending on their app use. The aforementioned factors are expected to boost the market growth of cloud computing in Europe over the forecast period.

 

Key Industry Players in the Europe Cloud Computing Market

The report gives a detailed analysis of the following key players in the Europe cloud computing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Oracle Corporation
  • SAP SE
  • RheoCube
  • StorageOS
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Europe
7    Industry Opportunities and Challenges
8    Europe Cloud Computing Market Analysis

    8.1    Key Industry Highlights
    8.2    Europe Cloud Computing Historical Market (2016-2020) 
    8.3    Europe Cloud Computing Market Forecast (2021-2026)
    8.4    Europe Cloud Computing Market by Service Type
        8.4.1    Software-as-a-Service (SaaS)
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Infrastructure-as-a-Service (IaaS)
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Platform-as-a-Service (PaaS)
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Europe Cloud Computing Market by Deployment Model
        8.5.1    Public Model
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Private Cloud
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Hybrid Cloud
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Europe Cloud Computing Market by Organisation Type
        8.6.1    Large Enterprises
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    SMEs
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Europe Cloud Computing Market by Application
        8.7.1    IT and Telecom
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    BFSI 
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Retail
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Healthcare
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
        8.7.5    Government and Public Sector
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2016-2020)
            8.7.5.3    Forecast Trend (2021-2026)
        8.7.6    Manufacturing 
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2016-2020)
            8.7.6.3    Forecast Trend (2021-2026)
        8.7.7    Education
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2016-2020)
            8.7.7.3    Forecast Trend (2021-2026)
        8.7.8    Others
    8.8    Europe Cloud Computing Market by Countries
        8.8.1    Market Share
            8.8.1.1    United Kingdom
            8.8.1.2    Germany
            8.8.1.3    France
            8.8.1.4    Italy
            8.8.1.5    Others
9    Regional Analysis
    9.1    United Kingdom
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
    9.2    Germany
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
    9.3    France
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
    9.4    Italy
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Oracle Corporation 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    SAP SE
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    RheoCube
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    StorageOS
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Europe Cloud Computing Market: Key Industry Highlights, 2016 and 2026
2.    Europe Cloud Computing Historical Market: Breakup by Service Type (USD Billion), 2016-2020
3.    Europe Cloud Computing Market Forecast: Breakup by Service Type (USD Billion), 2021-2026
4.    Europe Cloud Computing Historical Market: Breakup by Deployment Model (USD Billion), 2016-2020
5.    Europe Cloud Computing Market Forecast: Breakup by Deployment Model (USD Billion), 2021-2026
6.    Europe Cloud Computing Historical Market: Breakup by Organisation Type (USD Billion), 2016-2020
7.    Europe Cloud Computing Market Forecast: Breakup by Organisation Type (USD Billion), 2021-2026
8.    Europe Cloud Computing Historical Market: Breakup by Application (USD Billion), 2016-2020
9.    Europe Cloud Computing Market Forecast: Breakup by Application (USD Billion), 2021-2026
10.    Europe Cloud Computing Historical Market: Breakup by Countries (USD Billion), 2016-2020
11.    Europe Cloud Computing Market Forecast: Breakup by Countries (USD Billion), 2021-2026
12.    Europe Cloud Computing Market Structure

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