This IDC Market Forecast breaks down the European cloud infrastructure-as-a-service (IaaS) market for the 2024-2028 period. It also presents forecasts per subregion and discusses underlying trends in public cloud IaaS adoption."Despite economic challenges, Europe's IaaS market is set to soar to $58.9 billion by 2028, driven by hybrid and multicloud demand," said Carla Arend, associate vice president for European Cloud Strategies at IDC.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
- Assist Customers in Managing Their Cloud Expenses
- Integrate with GenAI Ecosystems
- Enhance Local Infrastructure
- Focus on Sustainability
- Provide Strong Digital Sovereignty Capabilities
- Develop Industry-Specific Solutions
- Improve Automation and Orchestration Offerings
Market Forecast
Market Context
- Drivers and Inhibitors
- Drivers
- The AI Boom
- Sustainability
- Inhibitors
- Rising Cloud Costs
- European Data Sovereignty
- Significant Market Developments
- Rise in Cloud Adoption Versus Maturity
- Extensive Investments in European Datacenters - Space for Sustainability?
- The Cloud Skills Conundrum Continues
- Changes from Prior Forecast
Market Definition
- Infrastructure as a Service
Methodology
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