After initially lagging behind the rest of Europe, the cloud market in Italy is now projected by IDC to grow at a 22% compound annual growth rate (CAGR) to 2020, matching the cloud market’s Europe-wide CAGR for that period. In addition, a study by the Polytechnic University of Milan saw a 50% increase in Italy’s cloud market between 2014 to 2016, from $1.2 billion to 1.8 billion.