Europe Data Center Market (2023-2029) | Share, Size, Analysis, Industry, Growth, Forecast, Companies, COVID-19 IMPACT, Trends, Revenue & Value

Europe Data Center Market Highlights

Report Name	Europe Data Center Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	13.29%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Countries, By Component, By Vertical
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the Europe Data Center Market 

Europe Data Center Market report thoroughly covers the market by countries, by component, and by vertical. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe Data Center Market Synopsis

Europe Data Center Market has been experiencing significant growth and transformation in recent years, primarily driven by the increasing demand for digital services, cloud computing, and data storage, along with the region's commitment to adopting advanced technologies. Also, Europe has witnessed a surge in data center construction and expansion activities. Major tech companies have been investing heavily in the region to establish and expand their data center presence. Moreover, sustainability and environmental concerns have gained prominence in the Europe data center market. Many data center operators are focusing on energy-efficient designs, renewable energy sources, and reducing carbon footprints to meet stringent environmental regulations and customer demands.

According to 6Wresearch, the Europe Data Center Market is expected to grow at USD 16.92 billion in 2023, and is expected to reach USD 31.56 billion, growing at a CAGR of 13.29% during the forecast period 2023-2029. The growth is primarily attributed to combination of factors such as increasing demand for data storage and processing capabilities across various sectors, including finance, e-commerce, and cloud services. With the proliferation of digital technologies and the rise of IoT (Internet of Things) applications, there is a growing need for data centers to handle the enormous influx of data generated daily. Furthermore, the COVID-19 pandemic accelerated the adoption of remote work and digital services, prompting organizations to invest heavily in data center infrastructure to support the surge in online activities. In addition to demand, environmental sustainability has become a significant driver in the Europe data center industry. Energy efficiency and reduced carbon footprint have become critical considerations for data center operators and customers alike. Despite the numerous opportunities, the data center market of Europe also faces several challenges including shortage of suitable locations for building new data centers, especially in densely populated urban areas. Furthermore, data center operators need to navigate complex regulatory and compliance requirements related to data privacy and security, such as the General Data Protection Regulation (GDPR). Despite these challenges, the market presents several promising trends. For instance, Edge computing is gaining traction, enabling data processing closer to the point of data generation, which is crucial for latency-sensitive applications like autonomous vehicles and augmented reality. Overall, the Europe data center market growth is driven by increasing data volumes, increased awareness of environmental sustainability, and the evolving technology landscape.

COVID-19 influence on the Europe Data Center Market 

The COVID-19 pandemic accelerated the adoption of remote work, online education, online shopping, and digital services. This surge in digital activities propelled demand for data center services across Europe as businesses and organizations sought to maintain vigorous online operations and ensure data security & privacy. Additionally, the data center sector experienced disruptions in supply chains for equipment and infrastructure components, potentially causing delays in the construction and expansion of data centers. With the growth in remote work and online activities, there was an increased focus on data security and the need for secure data center solutions in Europe.

Leading players in the Europe Data Center Market 

There are several prominent players leading the Europe Data Center market share which includes;

• Nokia: Nokia provides data center networking solutions which are crucial for the efficient operation of data centers.
• Equinix: Equinix is a global leader in data center services, with a significant presence in Europe.
• Interxion: This company specializes in carrier-neutral colocation services across Europe, with data centers in multiple countries.
• Digital Realty: Digital Realty is a major provider of data center solutions with a substantial footprint in Europe.
• Global Switch: This is another significant player in the Europe data center market, offering a range of services.

Government policies and schemes introduced in the Europe Data Center Market 

European governments have implemented various policies related to data centers, with a focus on energy efficiency. Some of these are;

• Renewable Energy and Sustainability Goals: Several countries and the European Union (EU) have set ambitious targets for reducing carbon emissions and increasing the use of renewable energy sources.
• Data Protection Regulations: GDPR (General Data Protection Regulation) and other data protection guidelines have a substantial influence on data center operations. These regulations require data centers to implement strict data security.
• Energy Efficiency Standards: Governments in Europe have established energy efficiency standards for data centers, encouraging operators to adopt energy-efficient technologies.
• Financial Incentives: Some countries offer financial incentives to attract data center investments and promote economic growth in precise regions.

Market Analysis by Component

According to Vasudha, Senior Research Analyst, 6Wresearch, the electrical component is witnessing steady growth and expected to contribute to the Europe Data Center Market size due to the increasing demand for reliable and efficient power management solutions in data centers.

Market analysis by Vertical

By Vertical, the BFSI sector remains a key driver of data center demand owing to the stringent regulatory requirements and the need for robust security measures. While the media sector is witnessing a surge in data-intensive applications, driving the need for robust data center solutions.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Europe Data Center Market Outlook
• Market Size of Europe Data Center Market, 2022
• Forecast of Europe Data Center Market, 2029
• Historical Data and Forecast of Europe Data Center Revenues & Volume for the Period 2019-2029
• Europe Data Center Market Trend Evolution
• Europe Data Center Market Drivers and Challenges
• Europe Data Center Price Trends
• Europe Data Center Porter's Five Forces
• Europe Data Center Industry Life Cycle
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Component for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Electrical for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Mechanical for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Networking for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Racks for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Security Systems for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Fire Systems for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of Europe Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of Germany Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of United Kingdom Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of France Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of Italy Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of Russia Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of Spain Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Vertical for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Banking Financial Services & Insurance (BFSI) for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Government for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By IT & Telecom for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Media for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Retail for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Manufacturing for the Period 2019-2029
• Historical Data and Forecast of Rest of Europe Data Center Market Revenues & Volume By Others for the Period 2019-2029
• Europe Data Center Market - Key Performance Indicators
• Europe Data Center Market - Import Export Trade Statistics
• Europe Data Center Market - Opportunity Assessment By Countries
• Europe Data Center Market - Opportunity Assessment By Component
• Europe Data Center Market - Opportunity Assessment By Vertical
• Europe Data Center Market - Top Companies Market Share
• Europe Data Center Market - Top Companies Profiles
• Europe Data Center Market - Comparison of Players in Technical and Operating Parameters
• Europe Data Center Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• Germany
• United Kingdom
• France
• Italy
• Russia
• Spain
• Rest Of Europe

By Component

• Electrical
• Mechanical
• Networking
• Racks
• Security Systems
• Fire Systems

By Vertical

• Banking Financial Services & Insurance (BFSI)
• Government
• IT & Telecom
• Media
• Retail
• Manufacturing
• Others