65%
Cloud Adoption Rate
Percentage of Cypriot companies utilizing cloud services in 2026
20%
Repatriation Percentage
Share of firms moving cloud workloads back on-premises in 2026
€75,000 (≈$82,500)
Average Cloud Spending per Business
Annual cloud-related expenditure for Cypriot enterprises
€150 million
Digital Infrastructure Investment
Total investment in digital infrastructure in Cyprus in 2026
120 MW
Data Center Capacity
Total data center power capacity available in Cyprus
Cyprus has experienced a steady increase in cloud adoption, reaching 65% of businesses in 2026, driven by digital transformation efforts. However, a notable trend of cloud repatriation, accounting for 20%, reflects concerns over data sovereignty, latency, and cost-efficiency. This shift indicates a mature cloud market where companies optimize their infrastructure based on operational needs and regulatory compliance.
Investments in digital infrastructure have surged, totaling €150 million, supporting the growth of local data centers with a capacity of 120 MW. Businesses are balancing cloud benefits with on-premises solutions, leading to a more hybrid approach. This trend enhances Cyprus's position as a digital hub in the Eastern Mediterranean, fostering innovation and resilience in the national economy.
Frequently Asked Questions
What are the main reasons for cloud repatriation in Cyprus?
Key reasons include data sovereignty concerns, latency issues, and cost management, prompting companies to bring workloads back on-premises.
How is Cyprus investing in digital infrastructure for 2026?
Cyprus has invested €150 million into data centers and digital infrastructure, boosting capacity and supporting emerging cloud and hybrid solutions.
Disclaimer: All statistics presented are 2026 estimates and projections based on industry trend analysis, historical data, and publicly available research. Individual data points may vary from actual figures.