Apr, 2025 : Europes XaaS Market Reaches Record $4.7B in Q1 2025




📅 - In the first quarter of 2025, Europes business and IT services sector saw a resurgence in demand, driven largely by exceptional growth in the as-a-service (XaaS) segment, according to the latest EMEA ISG Index from Information Services Group (ISG), a global technology research and advisory firm.

Annual contract value (ACV) for the XaaS segment surged to a record US $4.7 billion in Q1, up 34% year-over-year and 3% over the previous quarter. This marks the fourth consecutive quarter of double-digit annual growth for the cloud-based services category, underscoring its increasing dominance in the European technology landscape. The XaaS performance was a critical contributor to the overall [...][... Check source for end of article ...]
Tags: IaaS Hosting

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