The Europe Infrastructure-as-a-Service (IaaS) Market is expected to witness market growth of 20.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Infrastructure-as-a-Service (IaaS) Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $37.87 billion by 2031. The UK market is exhibiting a CAGR of 19.6% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 21.6% during 2024-2031.
Traditional IT infrastructure often requires hefty upfront investments in physical hardware, as well as ongoing operational expenses for maintenance and support. With IaaS, businesses only pay for the resources they consume, eliminating the need for significant capital investments. This pay-per-use model has been especially beneficial for small and medium-sized enterprises (SMEs), which previously lacked the budget to invest in large-scale IT infrastructure. By adopting IaaS, SMEs can access enterprise-grade computing resources without the financial burden of owning and maintaining physical infrastructure. Moreover, the cloud service provider handles the maintenance, updates, and security of the infrastructure, further reducing operational overhead for businesses.
Additionally, with IaaS, organizations can back up their data in the cloud, eliminating the need for costly physical infrastructure and ensuring rapid recovery in the event of system failures or disasters. For example, Amazon Web Services (AWS) offers disaster recovery tools that help businesses replicate their infrastructure across multiple regions, providing geographical redundancy. Netflix uses AWS to ensure its streaming platform remains operational even during localized disruptions. Similarly, HSBC leverages Google Cloud for backup and disaster recovery, safeguarding financial data and ensuring minimal downtime.
Italy's demand for IaaS is driven by its growing small and medium-sized enterprise (SME) sector and the country's focus on digital transformation. Programs like Piano Nazionale Impresa 4.0 (National Industry 4.0 Plan) promote the adoption of advanced technologies, including cloud computing, to enhance productivity and competitiveness among SMEs. Italian businesses are leveraging IaaS to modernize IT infrastructure, scale operations, and enable remote work solutions. The support from entities like the Italian Digital Agency (AgID) further facilitates cloud adoption, particularly in the public sector. Hence, these factors are creating a robust and dynamic market landscape for IaaS solutions in the region.
The Germany market dominated the Europe Infrastructure-as-a-Service (IaaS) Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $37.87 billion by 2031. The UK market is exhibiting a CAGR of 19.6% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 21.6% during 2024-2031.
Traditional IT infrastructure often requires hefty upfront investments in physical hardware, as well as ongoing operational expenses for maintenance and support. With IaaS, businesses only pay for the resources they consume, eliminating the need for significant capital investments. This pay-per-use model has been especially beneficial for small and medium-sized enterprises (SMEs), which previously lacked the budget to invest in large-scale IT infrastructure. By adopting IaaS, SMEs can access enterprise-grade computing resources without the financial burden of owning and maintaining physical infrastructure. Moreover, the cloud service provider handles the maintenance, updates, and security of the infrastructure, further reducing operational overhead for businesses.
Additionally, with IaaS, organizations can back up their data in the cloud, eliminating the need for costly physical infrastructure and ensuring rapid recovery in the event of system failures or disasters. For example, Amazon Web Services (AWS) offers disaster recovery tools that help businesses replicate their infrastructure across multiple regions, providing geographical redundancy. Netflix uses AWS to ensure its streaming platform remains operational even during localized disruptions. Similarly, HSBC leverages Google Cloud for backup and disaster recovery, safeguarding financial data and ensuring minimal downtime.
Italy's demand for IaaS is driven by its growing small and medium-sized enterprise (SME) sector and the country's focus on digital transformation. Programs like Piano Nazionale Impresa 4.0 (National Industry 4.0 Plan) promote the adoption of advanced technologies, including cloud computing, to enhance productivity and competitiveness among SMEs. Italian businesses are leveraging IaaS to modernize IT infrastructure, scale operations, and enable remote work solutions. The support from entities like the Italian Digital Agency (AgID) further facilitates cloud adoption, particularly in the public sector. Hence, these factors are creating a robust and dynamic market landscape for IaaS solutions in the region.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- IBM Corporation
- Google LLC (Alphabet Inc.)
- VMware, Inc. (Broadcom Inc.)
- Cisco Systems, Inc.
- Fujitsu Limited
- Oracle Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Akamai Technologies, Inc.
Market Report Segmentation
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Component
- Computing
- Networking
- Storage
- Other Component
By Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Industry Vertical
- BFSI
- IT & Telecom
- Retail & E-commerce
- Healthcare
- Manufacturing
- Education
- Other Industry Vertical
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 Infrastructure-as-a-Service (IaaS) Market by Enterprise Size
Chapter 6. Europe Infrastructure-as-a-Service (IaaS) Market by Component
Chapter 7. Europe Infrastructure-as-a-Service (IaaS) Market by Deployment
Chapter 8. Europe Infrastructure-as-a-Service (IaaS) Market by Industry Vertical
Chapter 9. Europe Infrastructure-as-a-Service (IaaS) Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- IBM Corporation
- Google LLC (Alphabet Inc.)
- VMware, Inc. (Broadcom Inc.)
- Cisco Systems, Inc.
- Fujitsu Limited
- Oracle Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Akamai Technologies, Inc.
Methodology
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