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European cloud market is now worth $26bn, but players are losing market share

Over the last four quarters European cloud infrastructure service revenues totalled over €27 billion (US$25.89 billion), up 41% from the preceding four quarters.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

September 28, 2022 | 1:03 AM BST

The European cloud market is now over five times as big as it was in early 2017, reaching €10.4 billion (US$10.9 billion) in the second quarter of 2022.

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João Marques Lima

Founder and Editor, The Tech Capital

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