EMEA Public Cloud Market Set to Soar to $415 Billion by 2028

📅 December 6, 2024 - The market for public cloud services (PCS) in Europe, the Middle East, and Africa (EMEA) is expected to increase significantly, reaching $415.1 billion by 2028, according to forecasts. This represents a robust compound annual growth rate (CAGR) of 20.0% from 2023 to 2028, according to the latest data from the International Data Corporation's (IDC) Worldwide Semiannual Public Cloud Services Tracker.

By 2024, the market is expected to generate $203.0 billion in revenue, encompassing software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS).

SaaS remains the dominant segment, accounting for 64.4% of the PCS market in 2024, driven by its dual [...][... Check source for end of article ...]

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