Germany Public Cloud Market Insights Forecasts to 2033

• The Germany Public Cloud Market Size was valued at USD 31.18 Billion in 2023.
• The Market is Growing at a CAGR of 16.62% from 2023 to 2033
• The Germany Public Cloud Market Size is Expected to Reach USD 145.1 Billion by 2033

The Germany Public Cloud Market is Anticipated to Exceed USD 145.1 Billion by 2033, Growing at a CAGR of 16.62% from 2023 to 2033.

Market Overview

The term "public cloud" refers to computer services that are made available to anybody wishing to use or purchase them via the public Internet by third-party providers. Free or on-demand options are available, letting users pay only for the CPU time, storage, or bandwidth they use. Public clouds, as opposed to private clouds, can spare businesses the high expenses associated with having to buy, operate, and maintain hardware and application infrastructure located on-site because all system management and upkeep is handled by the cloud service provider. In addition, public clouds offer a platform that is nearly infinitely scalable and can be implemented more quickly than on-premises infrastructures. If a worker has access to the Internet, they can utilize the same program from any branch or office using any kind of device. Public cloud environments have sparked security worries, but when done right, they may be just as secure as the best-managed private cloud deployments if the provider employs appropriate security techniques including intrusion detection and prevention systems.

Report Coverage

This research report categorizes the market for the Germany public cloud market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany public cloud market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany public cloud market.

Driving Factors

The poll indicates that cloud computing is used by 97% of German businesses with 50 or more employees. By utilizing the cloud, 69% of German businesses are able to lower their IT expenses. Nonetheless, the utilization of public clouds indicates that more development is still necessary. The majority of public cloud environments are supplied manually; only 29% of businesses using public cloud solutions have automated provision. Particularly in the case of automation, there are substantial cost benefits that have not yet been fully realized. Furthermore, capacity planning becomes less crucial and efficiency is increased for businesses due to the on-demand computing aspect of public cloud services. Some of the factors listed above are those that are expected to open up new growth prospects for German public cloud providers. The advancement of IaaS as a standard assistance, rising trends in multiple cloud sourcing, rising requirements for information technology solutions, and a growing adoption of public cloud services in B2C and B2B industries are expected to propel the growth of the public cloud solutions market in Germany.

Restraining Factors

The necessity of adhering to regulatory and compliance requirements has grown over the past few years due to a surge in data breaches, cyberattacks, and data security issues.

Market Segmentation

The Germany public cloud market share is classified into organization size and industry.

• The small and medium enterprises segment is expected to hold a significant market share through the forecast period.

The Germany public cloud market is segmented by organization size into small and medium enterprises and large enterprises. Among these, the small and medium enterprises segment is expected to hold a significant market share through the forecast period. Cloud computing eliminates the need for large upfront expenditures in hardware and infrastructure by giving SMEs access to dependable, scalable, and reasonably priced IT resources.

• The IT & telecommunication segment is expected to dominate the Germany public cloud market during the forecast period.

Based on the industry, the Germany public cloud market is divided into IT & telecommunication, manufacturing, BFSI, retail, and healthcare. Among these, the IT & telecommunication segment is expected to dominate the Germany Public cloud market during the forecast period. Cloud computing improves internal operations for IT and telecom businesses while allowing them to provide their clients effective and affordable services.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Germany public cloud market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Amazon Web Services (AWS)
• Microsoft Azure
• Google Cloud Platform (GCP)
• IBM Cloud
• SAP Cloud Platform
• T-Systems
• Deutsche Telekom AG
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In February 2022, Deutsche Telekom and Google announced a deeper collaboration in three important areas: improved mobile messaging services for companies via Jibe Cloud and Google-powered Telekom RCS Business Messaging; German cloud users will have early access to the new Sovereign Cloud for Germany.

Market Segment

This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Public Cloud Market based on the below-mentioned segments:

Germany Public Cloud Market, By Organization Size

• Small & Medium Enterprises
• Large Enterprises

Germany Public Cloud Market, By Industry

• IT & Telecommunication
• Manufacturing
• BFSI
• Retail
• Healthcare