Infrastructure as a Service - Denmark

Denmark

Revenue in the Infrastructure as a Service market is projected to reach €0.95bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 19.65%, resulting in a market volume of €2.33bn by 2029.
The average spend per employee in the Infrastructure as a Service market is projected to reach €292.20 in 2024.
In global comparison, most revenue will be generated in the United States (€72,590.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Infrastructure as a Service market in Denmark is experiencing significant growth and development, driven by customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in Denmark are shifting towards cloud-based solutions, as businesses seek more flexible and scalable IT infrastructure. This preference is driven by the need for cost efficiency, as cloud services offer a pay-as-you-go model, allowing businesses to only pay for the resources they use. Additionally, cloud-based infrastructure provides greater agility and scalability, enabling businesses to quickly adapt to changing market conditions and scale their operations as needed. Trends in the market indicate a growing demand for Infrastructure as a Service in Denmark. This is driven by the increasing adoption of digital transformation strategies by businesses across various industries. As companies embrace digitalization, they require robust and scalable infrastructure to support their operations. Infrastructure as a Service offers the necessary infrastructure components, such as virtual servers, storage, and networking, without the need for businesses to invest in and manage their own physical infrastructure. Local special circumstances in Denmark also contribute to the development of the Infrastructure as a Service market. Denmark has a strong focus on sustainability and renewable energy, which aligns well with the cloud-based nature of Infrastructure as a Service. Cloud providers in Denmark can leverage the country's abundant supply of renewable energy, such as wind power, to power their data centers, making them more environmentally friendly and appealing to businesses that prioritize sustainability. Underlying macroeconomic factors play a role in the growth of the Infrastructure as a Service market in Denmark. The country has a stable economy and a strong digital infrastructure, which provides a solid foundation for the adoption of cloud-based services. Additionally, Denmark has a high level of internet penetration and a tech-savvy population, creating a favorable environment for the adoption of cloud services. In conclusion, the Infrastructure as a Service market in Denmark is developing rapidly due to customer preferences for cloud-based solutions, market trends towards digital transformation, local special circumstances such as sustainability focus, and underlying macroeconomic factors including a stable economy and strong digital infrastructure. This growth is expected to continue as businesses in Denmark increasingly recognize the benefits of Infrastructure as a Service in terms of cost efficiency, scalability, and agility.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.