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Europe Public Cloud Services Forecast, 2022–2027

Publisher IDC
Published Jun 30, 2023
Length 10 Pages
SKU # IDC18029748

Description

Europe Public Cloud Services Forecast, 2022–2027


This IDC Market Forecast provides a detailed view of the European public cloud services market size and growth over the next five years, based on IDC forecast assumptions, market trends, and numerous end-user conversations (as of June 2023). It also considers recent macroeconomic events in Europe, such as the Russia-Ukraine War, inflation, fear of recession, the energy crisis, skills shortages, and supply chain disruptions. The data derives from IDC's Worldwide Public Cloud Services Tracker, most recently updated in H1 2023."Public cloud adoption continues to accelerate in Europe, driven by the need to move to more sustainable IT delivery models, the pressure to succeed with digital business initiatives and digital innovation, and the focus on resilience. The tough macroeconomic environment is also pushing organizations to adopt the flexible consumption models of public cloud. However, European customers are more conscientious about controlling their cloud costs. Generative AI solutions delivered from public cloud will spur the next wave of adoption." — Associate Vice President Carla Arend, IDC European Cloud Research

Please Note: Extended description available upon request.

Table of Contents

10 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Sustainability
Generative AI
Inhibitors
Focus on Cloud Economics
Inflation
Significant Market Developments
Changes from Prior Forecast
Market Definition
Infrastructure as a Service
Platform as a Service
Software-as-a-Service Applications
Software-as-a-Service Systems Infrastructure Software
Methodology
Related Research

Pricing

Currency Rates
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