Market revenue in 2023 | USD 7,560.0 million |
Market revenue in 2030 | USD 24,015.1 million |
Growth rate | 18% (CAGR from 2023 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 |
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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.
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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