The Europe Hybrid Cloud Market would witness market growth of 16.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Hybrid Cloud Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20.03 billion by 2031. The UK market is exhibiting a CAGR of 15.3% during (2024 - 2031). Additionally, the France market would experience a CAGR of 17.3% during (2024 - 2031).
A hybrid cloud facilitates the creation of hybrid development environments where developers can use cloud resources for testing and staging while keeping production environments on-premises. This separation improves development efficiency and security.
Moreover, Continuous Integration/Continuous Deployment (CI/CD) pipelines can be scaled using hybrid cloud resources. This scalability expedites the software development lifecycle, enabling the rapid deployment and iteration of new features.
As European enterprises adopt cloud technologies, they often choose hybrid cloud solutions to combine the benefits of both public and private clouds. This trend drives the demand for hybrid cloud services across Europe, allowing businesses to leverage the flexibility of public clouds while retaining sensitive data on private clouds. In 2023, 45.2% of EU enterprises purchased cloud computing services (i.e., services used over the internet to access software, computing power, storage capacity, etc.). This marks a 4.2% (pp) increase compared with 2021. The adoption of cloud technologies by enterprises in Europe accelerates their digital transformation efforts.
Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Small & Medium-sized Enterprises and Large Enterprises. Based on Service Model, the market is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The Germany market dominated the Europe Hybrid Cloud Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20.03 billion by 2031. The UK market is exhibiting a CAGR of 15.3% during (2024 - 2031). Additionally, the France market would experience a CAGR of 17.3% during (2024 - 2031).
A hybrid cloud facilitates the creation of hybrid development environments where developers can use cloud resources for testing and staging while keeping production environments on-premises. This separation improves development efficiency and security.
Moreover, Continuous Integration/Continuous Deployment (CI/CD) pipelines can be scaled using hybrid cloud resources. This scalability expedites the software development lifecycle, enabling the rapid deployment and iteration of new features.
As European enterprises adopt cloud technologies, they often choose hybrid cloud solutions to combine the benefits of both public and private clouds. This trend drives the demand for hybrid cloud services across Europe, allowing businesses to leverage the flexibility of public clouds while retaining sensitive data on private clouds. In 2023, 45.2% of EU enterprises purchased cloud computing services (i.e., services used over the internet to access software, computing power, storage capacity, etc.). This marks a 4.2% (pp) increase compared with 2021. The adoption of cloud technologies by enterprises in Europe accelerates their digital transformation efforts.
Based on Component, the market is segmented into Solution and Services. Based on Enterprise Size, the market is segmented into Small & Medium-sized Enterprises and Large Enterprises. Based on Service Model, the market is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- IBM Corporation
- Oracle Corporation
- SAP SE
- Salesforce, Inc.
- Dell Technologies, Inc.
- Equinix, Inc.
- Nutanix, Inc.
Market Report Segmentation
By Component
- Solution
- Services
By Enterprise Size
- Small & Medium-sized Enterprises
- Large Enterprises
By Service Model
- Software as a Service (SaaS)
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Government
- Media & Entertainment
- Transportation & Logistics
- Manufacturing
- Others
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 Hybrid Cloud Market by Component
Chapter 6. Europe Hybrid Cloud Market by Enterprise Size
Chapter 7. Europe Hybrid Cloud Market by Service Model
Chapter 8. Europe Hybrid Cloud Market by Industry Vertical
Chapter 9. Europe Hybrid Cloud Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- IBM Corporation
- Oracle Corporation
- SAP SE
- Salesforce, Inc.
- Dell Technologies, Inc.
- Equinix, Inc.
- Nutanix, Inc.
Methodology
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