"the expenditure of European organisations on cloud and software services at around €400 billion per year for 2024. Of this spending, €330 billion went to US companies, representing 83% of the market share held by a small number of players of a single nationality"

The source PDF: https://www.cigref.fr/wp/wp-content/uploads/2026/05/Cigref-Asteres-Cloud-Software-Price-Rises-Europe-2026.pdf