Lionel Sujay Vailshery
Research expert covering the consumer electronics industry
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European cloud providers are Deutsche Telekom, OVHcloud, Orange, and numerous regional cloud and hosting companies. Spending on cloud computing is also increasing among European businesses, as they seek to accelerate their digital transformation and remain competitive. The largest share of the market, however, belongs to the three United States-based hyperscalers Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, which account for more than 65 percent of the regional market.Lessening dependency on external actors
The European cloud landscape is likely to see a continued push towards reducing reliance on U.S. cloud service providers. Data security concerns, fueled by the location of European data in U.S. data centers with different regulations, will be a key driver. To achieve sovereignty over data and technological leadership, European leaders will likely prioritize investment in domestic cloud solutions and potentially leverage regulations to influence market dynamics. This focus on self-reliance could reshape the cloud adoption journey in Europe, with a potential rise of European cloud providers alongside continued growth of the overall market.
