PaaS Drives Europes Cloud Growth, Spending to Reach $373B by 2028


PaaS Drives Europe’s Cloud Growth, Spending to Reach $373B by 2028

📅 - European public cloud services spending is projected to surge, reaching $221 billion in 2025 and escalating to $373 billion by 2028, according to the International Data Corporations (IDC) Worldwide Software and Public Cloud Services Spending Guide. This represents a 20% compound annual growth rate (CAGR) from 2023 to 2028.

The demand for Platform-as-a-Service (PaaS) solutions is expected to fuel this expansion, as enterprises increasingly rely on cloud ecosystems to integrate artificial intelligence (AI), enhance automation, and enable large-scale digital transformation.

While the public cloud market in Europe is set for substantial growth, economic uncertainties and geopolitical [...][... Check source for end of article ...]
Tags: PaaS

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