European cloud market reaches over EUR 7 billion in Q2, led by Amazon, Microsoft, Google

Wednesday 22 September 2021 | 11:58 CET | News
The European cloud market reached EUR 7.3 billion in the second quarter, growing fourfold since the start of 2017, according to the latest study from the Synergy Research Group. But even though European service providers more than doubled their cloud revenues in the period, their market share dropped to well under 16 percent from 27 percent, as they lagged behind overall cloud market growth.

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Categories: Internet / IT
Companies: Amazon / Deutsche Telekom / Google / Microsoft / Orange / OVHcloud / SAP
Countries: Europe
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