Global Market Insights added a report on the European cloud computing market which estimates the market valuation will cross $140 billion by 2028. Growing usage of cloud computing among multiple organizations to ensure business continuity and adaptability to market changes for maintaining a competitive advantage over rival firms is likely to fuel the industry growth. The leading companies are focusing on emerging technologies, such as mobile cloud computing and edge computing, to develop innovative solutions and services for their customers. The private cloud is projected to witness an exponential growth over the forecast period.
Source: https://www.helpnetsecurity.com/2021/06/10/european-cloud-computing-market/