
Public cloud services spending in Europe is set to total $229 billion in 2025 and is projected to reach $452 billion by 2029, according to the Worldwide Software and Public Cloud Services Spending Guide published by the International Data Corporation (IDC).
The report showed that this trajectory reflects a five-year compound annual growth rate of 19 per cent between 2024 and 2029.
In a year when efficiency, automation and revenue