Europe Cloud Sustainability Market Size & Outlook, 2023-2030
Europe cloud sustainability market highlights
- The Europe cloud sustainability market generated a revenue of USD 7,560.0 million in 2023.
- The market is expected to grow at a CAGR of 18% from 2024 to 2030.
- In terms of segment, energy-efficient infrastructure was the largest revenue generating solution type in 2023.
- Energy-efficient Infrastructure is the most lucrative solution type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 7,560.0 million |
| Market revenue in 2030 | USD 24,015.1 million |
| Growth rate | 18% (CAGR from 2024 to 2030) |
| Largest segment | Energy-efficient infrastructure |
| Fastest growing segment | Energy-efficient Infrastructure |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Energy-efficient Infrastructure |
| Key market players worldwide | Amazon.com Inc, Microsoft Corp, Alphabet Inc Class A, International Business Machines Corp, Oracle Corp, Salesforce Inc, SAP SE, Dell Technologies Inc Ordinary Shares - Class C, Equinix Inc, Nutanix Inc Class A |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.0% of the global cloud sustainability market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,658.7 million by 2030.
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Cloud Sustainability Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Equinix Inc | View profile | 13151 | One Lagoon Drive, Redwood City, CA, United States, 94065 | https://www.equinix.com |
| Nutanix Inc Class A | View profile | 6450 | 1740 Technology Drive, Suite 150, San Jose, CA, United States, 95110 | https://www.nutanix.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Dell Technologies Inc Ordinary Shares - Class C | View profile | 120000 | One Dell Way, Round Rock, TX, United States, 78682 | https://www.delltechnologies.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Europe cloud sustainability market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cloud sustainability market will help companies and investors design strategic landscapes.
Energy-efficient infrastructure was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe cloud sustainability market based on energy-efficient infrastructure covering the revenue growth of each sub-segment from 2018 to 2030.
Europe's stringent environmental regulations, including the European Union's Green Deal and the Climate Law, mandate significant reductions in carbon emissions and the adoption of eco-friendly technologies.
These regulations set ambitious targets for companies to lower their environmental impact and enhance sustainability. As a result, businesses are increasingly seeking sustainable cloud solutions to comply with these requirements.
Green cloud technologies help companies meet regulatory standards by reducing energy consumption and carbon footprints, making them essential for compliance in a region with some of the world's most rigorous environmental mandates. This regulatory environment drives the growth of the Cloud Sustainability Market in Europe.
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Target buyers of Europe cloud sustainability market databook
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Our clientele includes a mix of cloud sustainability market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cloud sustainability market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cloud sustainability market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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