The Europe Cloud Native Applications Market should witness market growth of 22.1% CAGR during the forecast period (2022-2028).
Microservices architecture breaks down applications into loosely coupled, small, independently operating services compared to monolithic architectures, which bundle numerous unrelated services into a single deployment package, leading to a loss of agility through development and deployment. Smaller, autonomous development teams can produce these services, which enable frequent changes without affecting other services.
Applications have grown more complicated as consumers expect more from the programs they use. Consumers anticipate, among other things, constant uptime, cutting-edge functionality, and quick information access. The same is true for enterprises, as it becomes crucial to quickly promote ideas to maintain competitiveness. At that point, Cloud Native emerges as a potent weapon, providing the speed and agility that modern customers and organizations demand.
In the United Kingdom, the telecom sector is one of the industries with the greatest development potential for existing companies. Top telecom operators are focusing on infrastructure enhancements and providing value-added services to grow their revenue from the telecom industry. Current efforts have focused on developing a cloud computing architecture compatible with the forthcoming 5G infrastructure. Cloud-based telephony solutions are required for the company's employees to remain connected and for productivity to increase. In addition, the expanding popularity of online shopping is projected to generate money for the telecom industry. This feature has provided telecom companies a platform to market their products according to user preferences.
The Germany market dominated the Europe Cloud Native Applications Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,049.2 million by 2028. The UK market is anticipated to grow at a CAGR of 21.2% during (2022-2028). Additionally, The France market would exhibit a CAGR of 23.1% during (2022-2028).
Based on Component, the market is segmented into Platform and Services. Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Public Sector, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Infosys Limited, VMware, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, Citrix Systems, Inc. (Cloud Software Group, Inc.), and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Microservices architecture breaks down applications into loosely coupled, small, independently operating services compared to monolithic architectures, which bundle numerous unrelated services into a single deployment package, leading to a loss of agility through development and deployment. Smaller, autonomous development teams can produce these services, which enable frequent changes without affecting other services.
Applications have grown more complicated as consumers expect more from the programs they use. Consumers anticipate, among other things, constant uptime, cutting-edge functionality, and quick information access. The same is true for enterprises, as it becomes crucial to quickly promote ideas to maintain competitiveness. At that point, Cloud Native emerges as a potent weapon, providing the speed and agility that modern customers and organizations demand.
In the United Kingdom, the telecom sector is one of the industries with the greatest development potential for existing companies. Top telecom operators are focusing on infrastructure enhancements and providing value-added services to grow their revenue from the telecom industry. Current efforts have focused on developing a cloud computing architecture compatible with the forthcoming 5G infrastructure. Cloud-based telephony solutions are required for the company's employees to remain connected and for productivity to increase. In addition, the expanding popularity of online shopping is projected to generate money for the telecom industry. This feature has provided telecom companies a platform to market their products according to user preferences.
The Germany market dominated the Europe Cloud Native Applications Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,049.2 million by 2028. The UK market is anticipated to grow at a CAGR of 21.2% during (2022-2028). Additionally, The France market would exhibit a CAGR of 23.1% during (2022-2028).
Based on Component, the market is segmented into Platform and Services. Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Public Sector, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Infosys Limited, VMware, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, Citrix Systems, Inc. (Cloud Software Group, Inc.), and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Scope of the Study
By Component
- Platform
- Services
By Deployment Mode
- Public Cloud
- Private Cloud
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- IT & Telecom
- Government & Public Sector
- Manufacturing
- Healthcare & Lifesciences
- Retail & eCommerce
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Google LLC (Alphabet, Inc.)
- IBM Corporation
- Infosys Limited
- VMware, Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Cloud Native Applications Market by Component
Chapter 5. Europe Cloud Native Applications Market by Deployment Mode
Chapter 6. Europe Cloud Native Applications Market by Organization Size
Chapter 7. Europe Cloud Native Applications Market by Vertical
Chapter 8. Europe Cloud Native Applications Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Amazon.com, Inc.
- Google LLC (Alphabet, Inc.)
- IBM Corporation
- Infosys Limited
- VMware, Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Methodology
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About the Cloud Native Market
Cloud Native is a term used to describe a set of technologies and practices that enable the development, deployment, and management of applications in the cloud. It is a subset of cloud computing and storage, and is focused on the use of containers, microservices, and other cloud-native technologies to build and deploy applications. Cloud Native technologies are designed to be highly scalable, resilient, and secure, and to enable rapid development and deployment of applications. Cloud Native is Read more
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