GEOPOLITICS4 April 2026· 8 min
European Tech Sovereignty: Where Does Europe Really Stand?
Europe spends €12B annually on cloud services dominated by US providers. As the EU races to reclaim digital independence, the gap between ambition and reality reveals critical strategic vulnerabilities.
SOURCES
[1]Synergy Research Group – European Cloud Market Share Report, Q3 2024
[2]European Semiconductor Industry Association (ESIA) – Annual Report 2023
[3]Stanford AI Index 2024 – Artificial Intelligence Investment and Model Production Data
[4]Atomico – State of European Tech 2023
[5]European Commission – EU Chips Act Official Documentation, September 2023
[6]Mario Draghi – The Future of European Competitiveness, September 2024
[7]IDC – European Sovereign Cloud Market Forecast 2024-2028
[8]EuroHPC Joint Undertaking – Annual Report 2023
[9]European Commission – EU AI Act, Official Journal of the European Union, August 2024
[10]OVHcloud – Annual Financial Results FY 2023-2024