Europe’s colocation data centre market set to reach $11.8bn

According to new Arizton research, the European data centre market was valued at $5 billion in 2021, but is set to increase by 50% in just six years

The new Europe Data Centre Power Market report, published by Arizton, revealed the extensive scope for growth within the region. 

This comes after the European data centre market is predicted to achieve record investments of $65.7bn by 2027. 

European data centre growth, and the driving factors

Currently, the market is dominated by colocation providers, with internet and cloud service providers representing the next largest market slice. 

These companies are projected to achieve a 4.16% CAGR during the period of 2022-2027. 

According to the report, the main factors driving this market growth include increasing bandwidth requirements, cloud adoption, AI, IoT, big data, and data centre consolidation. 

Alongside this, the growth is being aided by major investments. In 2021 for example, investments in the European data centre market reached $7.25bn. In 2027, it is predicted that these investments will have increased to $10.68bn.

Youtube Placeholder

The leading markets in Europe come under the FLAP bracket, which comprises Frankfurt, London, Amsterdam and Paris. The region’s secondary markets include Ireland, Italy, Spain, Sweden, Norway, Poland, and Austria, which are also expected to experience a significant rise in colocation demand.


Featured Articles

Hitachi Vantara Explores Building Green Data Centres

Hitachi Vantara’s Lynn Collier, Director of Global Solutions, discusses why data centre decarbonisation is essential & how AI can be a key tool

AI and Data Centres: Ensuring the Next Era is Sustainable

Matt Pullen, EVP Managing Director Europe at CyrusOne, explains how increased AI workloads will impact data centres - highlighting a need to be sustainable

Rittal: Data Centres Sustainability & Energy Efficiency

Industrial machinery manufacturer Rittal produces energy efficient cooling solutions for data centres, which can reduce the environmental impact of AI

In a Data Centre first, Iceotope Shares Liquid Cooling Lab

Digital Realty Acquires US$200m Slough Data Centre

CyrusOne: US$7bn Warehouse Credit Facility for AI Expansion