The Europe Cloud Monitoring Market is expected to witness market growth of 20.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Cloud Monitoring Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $555.3 million by 2031. The UK market is exhibiting a CAGR of 19.3% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 21.5% during 2024-2031.
The growing complexity of multi-cloud and hybrid cloud strategies further underscores the need for comprehensive these monitoring solutions. This approach helps prevent vendor lock-in, enhances business continuity, and allows businesses to leverage the best services offered by each provider. However, it also introduces operational silos and increases the difficulty of maintaining unified visibility and control over disparate environments.
One of the driving forces behind the rapid growth of this market is the surge in digital transformation initiatives. Businesses across industries - from banking, financial services, and insurance (BFSI), healthcare, retail, manufacturing, and education - embrace cloud technologies to streamline operations, enhance customer engagement, and stay competitive.
In order to guarantee regulatory compliance, data protection, and business continuity throughout their cloud environments, European businesses are progressively adopting these monitoring solutions. The introduction and enforcement of the General Data Protection Regulation (GDPR) has profoundly impacted European cloud adoption, mandating businesses to implement robust data management and monitoring practices to secure sensitive data and demonstrate compliance. According to Eurostat, 42% of EU enterprises used cloud computing services in 2021, with these monitoring tools becoming a critical component of many companies' digital strategies. These solutions offer organizations the ability to enforce data protection standards, generate audit traces, and gain real-time visibility into cloud infrastructure in order to comply with GDPR regulations. As European businesses prioritize digital transformation, secure data management, and regulatory compliance, the demand for advanced cloud monitoring services will rise steadily in the coming years.
The Germany market dominated the Europe Cloud Monitoring Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $555.3 million by 2031. The UK market is exhibiting a CAGR of 19.3% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 21.5% during 2024-2031.
The growing complexity of multi-cloud and hybrid cloud strategies further underscores the need for comprehensive these monitoring solutions. This approach helps prevent vendor lock-in, enhances business continuity, and allows businesses to leverage the best services offered by each provider. However, it also introduces operational silos and increases the difficulty of maintaining unified visibility and control over disparate environments.
One of the driving forces behind the rapid growth of this market is the surge in digital transformation initiatives. Businesses across industries - from banking, financial services, and insurance (BFSI), healthcare, retail, manufacturing, and education - embrace cloud technologies to streamline operations, enhance customer engagement, and stay competitive.
In order to guarantee regulatory compliance, data protection, and business continuity throughout their cloud environments, European businesses are progressively adopting these monitoring solutions. The introduction and enforcement of the General Data Protection Regulation (GDPR) has profoundly impacted European cloud adoption, mandating businesses to implement robust data management and monitoring practices to secure sensitive data and demonstrate compliance. According to Eurostat, 42% of EU enterprises used cloud computing services in 2021, with these monitoring tools becoming a critical component of many companies' digital strategies. These solutions offer organizations the ability to enforce data protection standards, generate audit traces, and gain real-time visibility into cloud infrastructure in order to comply with GDPR regulations. As European businesses prioritize digital transformation, secure data management, and regulatory compliance, the demand for advanced cloud monitoring services will rise steadily in the coming years.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- IBM Corporation
- Oracle Corporation
- LogicMonitor, Inc.
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Datadog, Inc.
- Broadcom, Inc. (CA Technologies, Inc.)
- IDERA, Inc.
Market Report Segmentation
By Enterprise Size
- SMEs
- Large Enterprises
By Service Model
- SaaS
- IaaS
- PaaS
- Other Service Model
By Industry Vertical
- IT & Telecom
- BFSI
- Retail & Consumer Goods
- Healthcare
- Government
- Manufacturing
- Other Industry Vertical
By Type
- Cloud Storage Monitoring
- Website Monitoring
- Database Monitoring
- Virtual Network Monitoring
- Virtual Machine Monitoring
- Other Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Cloud Monitoring Market by Enterprise Size
Chapter 6. Europe Cloud Monitoring Market by Service Model
Chapter 7. Europe Cloud Monitoring Market by Industry Vertical
Chapter 8. Europe Cloud Monitoring Market by Type
Chapter 9. Europe Cloud Monitoring Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- IBM Corporation
- Oracle Corporation
- LogicMonitor, Inc.
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Datadog, Inc.
- Broadcom, Inc. (CA Technologies, Inc.)
- IDERA, Inc.
Methodology
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