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.

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

Data storage, memory and generation with IEEE’s Tom Coughlin

We speak with Tom Coughlin, President and CEO of IEEE, about power-hungry AI and memory technologies within the telco market

Digital Realty Continues Renewable Rollout to the US

After a successful deployment in Europe, Digital Realty expands its HVO solution to the US to address the environmental impact of data centre generators

Google Axion Processors: A New Era of Data Centre Efficiency

Google announces Axion - its own custom Arm-based CPU to support AI workloads in data centres, in addition to a more powerful version of its TPU AI chips

MWC24: Harnessing AI to Modernise Telcos with Tech Mahindra

Are 3D Printed Data Centres a Viable Sustainable Solution?

Schneider & Digital Realty Tackle Data Centre Circularity