Europe Distributed Cloud Market Forecast to 2031 - Regional Analysis - by Application (Edge Computing, Content Delivery, Internet of Things, and Others), Service (Data Security, Data Storage, Networking, and Others), Enterprise Size (Large Enterprise and

The Europe distributed cloud market was valued at US$ 1,339.33 million in 2023 and is expected to reach US$ 4,447.55 million by 2031; it is estimated to register a CAGR of 16.2% from 2023 to 2031.

Increasing Implementation of Cloud Computing Services Drives Europe Distributed Cloud Market

Public cloud, private cloud, and hybrid cloud are three types of cloud computing. Within these deployment models, there are four main services such as infrastructure as a service (IaaS), platform as a service (PaaS), software as a service (SaaS), and serverless computing. Various industries, including automobile, education, financial, retail, real estate, agriculture, media, and entertainment, among others, implement these services as these industries require real-time data processing. Distributed clouds, which places resources closer to the end user, can reduce latency, thereby enhancing performance and user experience. Further, the adoption of cloud services is increasing in various economies. As businesses grow and their needs evolve, distributed cloud services offer scalable solutions that can be easily incorporated. This flexibility is attractive to industries with fluctuating demands, such as retail during the holiday seasons. Thus, the increasing implementation of cloud computing services in several industries drives the distributed cloud market.

Europe Distributed Cloud Market Overview

A varied mix of technologies and regulations defines Europe's distributed cloud computing sector. Cloud technologies are expanding, resulting in a varied adoption of cloud technologies across EU countries. The EU is making notable efforts to enable the transition to the edge and create compatible cloud and edge services to back the establishment of unified European data spaces. Furthermore, there is emphasis on guaranteeing data residency, controlling operational staffing, and minimizing the effects of jurisdictional challenges, especially in regulated sectors, by means such as the European Cybersecurity Certification Scheme (EUCS) for cloud services. Moreover, the use of distributed cloud infrastructure allows businesses to adhere to different data privacy regulations, such as the GDPR in Europe, by using resources located in different local or country-specific areas. European cloud providers such as OVHcloud and Amazon Web Services offer highly scalable cloud computing services with a variety of features, playing a role in the changing distributed cloud environment in Europe.

Europe Distributed Cloud Market Revenue and Forecast to 2031 (US$ Million)

Europe Distributed Cloud Market Segmentation

The Europe distributed cloud market is categorized into application, service, enterprise size, industry vertical, and country.

Based on application, the Europe distributed cloud market is segmented into edge computing, content delivery, Internet of Things, and others. The edge computing segment held the largest market share in 2023.

In terms of service, the Europe distributed cloud market is categorized into data security, data storage, networking, and others. The data storage segment held the largest market share in 2023.

By enterprise size, the Europe distributed cloud market is bifurcated into large enterprise and SMEs. The large enterprise segment held a larger market share in 2023.

Based on industry vertical, the Europe distributed cloud market is segmented into BFSI, healthcare, retail & e-commerce, manufacturing, IT & telecom, energy & utilities, media & entertainment, government & defense, and others. The BFSI segment held the largest market share in 2023.

By country, the Europe distributed cloud market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe distributed cloud market share in 2023.

Amazon Web Services Inc, Google LLC, International Business Machines Corp, Oracle Corp, Microsoft Corp, Rackspace Technology Inc, Broadcom Inc, Databricks Inc, Salesforce Inc, and Alibaba Cloud. are some of the leading companies operating in the Europe distributed cloud market.

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