Report cover image

Worldwide Sovereign Cloud Market Forecast, 2022–2027

Publisher IDC
Published Nov 30, 2023
Length 11 Pages
SKU # IDC18353198

Description

Worldwide Sovereign Cloud Market Forecast, 2022–2027


This IDC Market Forecast provides the worldwide sovereign cloud market forecast for 2023 to 2027. It represents IDC's inaugural forecast for this market and uses 2022 as the baseline year. While the need to comply with industry regulations has traditionally driven demand for sovereign solutions, this document highlights that all industries, not just those in regulated sectors, now consider digital sovereignty to be a more significant business and technology concern. "Much of the spending we expect to see in this market over the forecast period will be on solutions for data sovereignty," said Rahiel Nasir, IDC's lead analyst for Worldwide Digital Sovereignty and associate research director for European Cloud. "That comes as no surprise as we believe this is where the journey toward sovereign cloud starts. But as overall cloud usage continues to expand, organizations will seek more wide-ranging offerings for sovereignty that include solutions for technical and operational sovereignty. We therefore expect to also see relatively stable growth in these areas over the next few years."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Increasing Data Legislation
Expanding Cloud Usage
Inhibitors
High Costs
High Complexity
Decrease in Expected Spending on IaaS and PaaS
Significant Market Developments
Public Cloud Providers Develop and Launch Sovereign Cloud Solutions
New Industry Regulations
Ongoing Geopolitical Uncertainties
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates
Related Research

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us