The European cloud infrastructure services market is anticipated to grow at a CAGR 10.9% during the forecast period. Europe also has huge potential for the growth of the cloud infrastructure services market. With an advanced economy and well established telecommunication infrastructure. The factor such as increasing adoption of cloud services among small and medium enterprises are estimated to be the major factors that are driving the growth of the market. Further, increasing trend of smartphones and increasing internet penetration are also estimated to contribute towards the growth of the market.
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Increasing trend of smart phone is also one of the major factors that are driving the growth of the cloud infrastructure services market across the Europe. Moreover, increasing trend of social media and increasing internet penetration are estimated to be the major factors that are driving the growth of the market.
The European cloud infrastructure services market is segmented into deployment model and end-user. Based on deployment model, the market is segmented into public cloud, private cloud and hybrid cloud. On the basis of end-user, the market is segmented into BFSI, IT and telecommunication, healthcare, government & defense, retail and others.
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European Cloud Infrastructure Services Market Segmentation
By Deployment Model
· Public Cloud
· Private Cloud
· Hybrid Cloud
By End-User
· BFSI
· IT and Telecommunication
· Healthcare
· Government & Defense
· Retail
· Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)