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Europe’s cloud spend to more than double to $239bn

Conflict in Ukraine highlighted as a growth driver for cloud services for industries that had not yet adopted the technology, especially government and security.

By TTC Newsroom

4 Mins

August 07, 2022 | 4:46 PM BST

Public Cloud Services (PCS) spending in Europe is set to reach US$113 billion in 2022 and will double to US$239 billion by 2026, growing at a 22% 5-year 2021-2026 CAGR.

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