European cloud market set for massive growth

The growing number of data centers popping up across Europe, as well as large enterprises discovering the many benefits of the Platform-as-a-Service (PaaS) model, will see the European cloud computing market worth more than $140 billion by 2028. 

This is according to a new report from market research and consulting firm Global Market Insights, which claims that key cloud vendors – such as Google, Microsoft, Oracle and IBM – are looking to offer high-performance, low-latency cloud solutions to European businesses and, to that end, are investing heavy sums in setting up data centers across the continent. 

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