European Managed Cloud Services Forecast, 2024-2028

This IDC Market Forecast provides IDC's forecast for the European managed cloud services market for 2024-2028."Despite a softer economic backdrop, the European managed cloud services market is set to more than double in value over the forecast period, providing opportunities for managed service providers, albeit the right positioning is critical for long term success," said Francesca Ciarletta, research manager for the European managed cloud services market.

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

• Drivers and Inhibitors
  • Drivers
    • Improve Business Agility, Resilience, and Speed of IT
    • Improve Financial Control of Cloud
  • Inhibitors
    • Security and Regulatory Risks
    • Loss of Control over the Management of IT
• Significant Market Developments
  • Growth of Hybrid and Multicloud Management Models
  • Integration of AI/GenAI Within Managed Cloud Services
• Changes from Prior Forecast

Market Definition

Methodology

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