updated: 07-10-2020 | 15:57
Germany is among one of the most regulated countries for cloud computing in Europe. The cloud data center spending in Germany is estimated to be over $8 billion in 2020. The spending on IaaS and SaaS is likely to increase by over 20% this year compared to last. Moreover, the GDPR is driving investments and the regional cloud network development in Germany.
German Government investment in AI
In an attempt to boost digitalization, the German government is likely to spend around $4 billion on artificial intelligence products and services by 2025. Similar investments from private companies are likely to make Germany a leading AI market.
Major revenue contributors
Equinix, Digital Realty/Interxion, and NTT Global Data Center are among the major revenue contributors in the market