Cyprus has seen a significant increase in cloud adoption, with 67% of businesses leveraging cloud services in 2026. The presence of 15 active cloud providers has facilitated this growth, with local data centers ensuring data sovereignty and improved latency. Companies are investing an average of €24,500 annually in cloud solutions, reflecting the country's digital transformation efforts and rising demand for scalable infrastructure.
The expansion of cloud infrastructure has also created numerous job opportunities, with cloud-related employment rising by 18% over the past two years. This shift towards cloud computing enhances Cyprus's digital economy, attracting foreign investment and fostering innovation. Continued growth in cloud adoption is expected to further integrate Cyprus into the regional digital ecosystem, boosting overall productivity and competitiveness.