NEW YORK, July 24, 2023 /PRNewswire/ -- The data center market in Europe size is forecast to increase by USD 171.29 billion from 2022 to 2027. The market is estimated to progress at a CAGR of 21.05%, according to a recent market study by Technavio. The growth of the market will be driven by the imposition of data protection regulation, the increasing adoption of big data analytics, and the rising data center construction. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including Alphabet Inc., Amazon.com Inc., Apple Inc., Colt Technology Services Group Ltd., Digital Realty Trust Inc., Equinix Inc., Global Switch Ltd., GTT Communications Inc., International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Pulsant Ltd., QTS Realty Trust LLC, SITRONICS JSC, Verizon Communications Inc., Cogeco Communications Inc., Data4 Group, Deutsche Telekom AG, and Meta Platforms Inc.
- Amazon.com Inc: The company offers data centers that provide shared access to applications and data using a complex network to store data infrastructure.
- Apple Inc. The company offers data centers to support its various online services such as app store, icloud, apple maps, apple music, apple pay, apple tv, imessage, and siri.
Get a holistic overview of the Data Center Market in Europe by industry experts to evaluate and develop growth strategies. Download the Sample
Key Benefits for Industry Players & Stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Data center market in Europe - Segmentation Assessment
This data center market in Europe report extensively covers market segmentation by end-user (medium and small enterprises and large enterprises) and components (IT infrastructure, power management, cooling solutions, general construction, and others).
- The medium and small enterprises segment will be significant for market growth during the forecast period. Due to factors such as the increasing importance of data and the digital revolution, data center services gain traction in medium and small enterprises in Europe. Furthermore, since small and medium-sized enterprises frequently lack the expertise, funding, or scale to run their own data centers, they aim for the services of independent data center operators to meet their requirements for IT infrastructure. Hence, such factors boost the growth of the medium and small enterprises segment during the forecast period.
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Data center market in Europe - Market Dynamics
Key Drivers
The rising data center construction drives the data center market in Europe. As a result of the emergence of technologies such as cloud computing and big data analytics, the need for constructing more data center facilities has increased. The popularity of social media and the IoT fuels the demand for data centers to store and process information accurately with fast retrieval times. Enterprises look for modern design techniques to develop these facilities to help users access more scalable, reliable, and efficient storage solutions. Hence, such factors can significantly drive the data center market growth in Europe.
Major Challenges
Cybersecurity issues challenge the growth of the data center market in Europe. Data centers have become increasingly lucrative targets for cybercriminals. The growth of cloud computing and the growing virtualization of businesses leads to a significant risk to data centers which can have devastating effects, including reputational harm and monetary losses. A ransomware attack against data center operator CyrusOne in 2020 led to a loss of revenues and reputational harm. Hence, the risk of cyberattacks on data centers in Europe is a serious issue that significantly poses a threat to the data center market during the forecast period.
What are the key data covered in this data center market in Europe report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the data center market in Europe between 2023 and 2027
- Precise estimation of the size of the data center market in Europe and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the data center market across Europe
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of data center market in Europe vendors
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Related Reports:
The data center and network third party hardware maintenance service market size is expected to increase by USD 2.60 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.28%. Furthermore, this report extensively covers the market segmentation by application (large enterprises and small and medium enterprises) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The rise in data center spending is one of the factors driving the market growth.
The green data center market size is estimated to grow at a CAGR of 24.63% between 2022 and 2027. The market size is forecast to increase by USD 146.95 billion. This green data center market report extensively covers market segmentation by component (IT infrastructure, power solutions, general construction, cooling solutions, and monitoring and management), end-user (BFSI, energy, IT and telecom, and healthcare and others), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The increasing electricity consumption and cost are notably driving green data center market growth.
Data center market Scope in Europe |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 21.05% |
Market growth 2023-2027 |
USD 171.29 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
18.85 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alphabet Inc., Amazon.com Inc., Apple Inc., Colt Technology Services Group Ltd., Digital Realty Trust Inc., Equinix Inc., Global Switch Ltd., GTT Communications Inc., International Business Machines Corp., Microsoft Corp., NTT Communications Corp., Pulsant Ltd., QTS Realty Trust LLC, SITRONICS JSC, Verizon Communications Inc., Cogeco Communications Inc., Data4 Group, Deutsche Telekom AG, and Meta Platforms Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
4 Historic Market Size
- 4.1 Data center market in Europe 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on data center market in Europe 2017 - 2021 ($ billion)
- 4.2 End-user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
- 4.3 Component Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
- 6.1 Market segments
- Exhibit 29: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 30: Data Table on End-user - Market share 2022-2027 (%)
- 6.2 Comparison by End-user
- Exhibit 31: Chart on Comparison by End-user
- Exhibit 32: Data Table on Comparison by End-user
- 6.3 Medium and small enterprises - Market size and forecast 2022-2027
- Exhibit 33: Chart on Medium and small enterprises - Market size and forecast 2022-2027 ($ billion)
- Exhibit 34: Data Table on Medium and small enterprises - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Chart on Medium and small enterprises - Year-over-year growth 2022-2027 (%)
- Exhibit 36: Data Table on Medium and small enterprises - Year-over-year growth 2022-2027 (%)
- 6.4 Large enterprises - Market size and forecast 2022-2027
- Exhibit 37: Chart on Large enterprises - Market size and forecast 2022-2027 ($ billion)
- Exhibit 38: Data Table on Large enterprises - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Chart on Large enterprises - Year-over-year growth 2022-2027 (%)
- Exhibit 40: Data Table on Large enterprises - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by End-user
- Exhibit 41: Market opportunity by End-user ($ billion)
- Exhibit 42: Data Table on Market opportunity by End-user ($ billion)
7 Market Segmentation by Component
- 7.1 Market segments
- Exhibit 43: Chart on Component - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Component - Market share 2022-2027 (%)
- 7.2 Comparison by Component
- Exhibit 45: Chart on Comparison by Component
- Exhibit 46: Data Table on Comparison by Component
- 7.3 IT infrastructure - Market size and forecast 2022-2027
- Exhibit 47: Chart on IT infrastructure - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Data Table on IT infrastructure - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Chart on IT infrastructure - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on IT infrastructure - Year-over-year growth 2022-2027 (%)
- 7.4 Power management - Market size and forecast 2022-2027
- Exhibit 51: Chart on Power management - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on Power management - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on Power management - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Power management - Year-over-year growth 2022-2027 (%)
- 7.5 Cooling solutions - Market size and forecast 2022-2027
- Exhibit 55: Chart on Cooling solutions - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Cooling solutions - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Cooling solutions - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Cooling solutions - Year-over-year growth 2022-2027 (%)
- 7.6 General construction - Market size and forecast 2022-2027
- Exhibit 59: Chart on General construction - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on General construction - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on General construction - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on General construction - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by Component
- Exhibit 67: Market opportunity by Component ($ billion)
- Exhibit 68: Data Table on Market opportunity by Component ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 70: Chart on Market share by geography - 2022-2027 (%)
- Exhibit 71: Data Table on Market share by geography - 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 72: Chart on Geographic comparison
- Exhibit 73: Data Table on Geographic comparison
- 9.3 UK - Market size and forecast 2022-2027
- Exhibit 74: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 75: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.4 Germany - Market size and forecast 2022-2027
- Exhibit 78: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 79: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.5 The Netherlands - Market size and forecast 2022-2027
- Exhibit 82: Chart on The Netherlands - Market size and forecast 2022-2027 ($ billion)
- Exhibit 83: Data Table on The Netherlands - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Chart on The Netherlands - Year-over-year growth 2022-2027 (%)
- Exhibit 85: Data Table on The Netherlands - Year-over-year growth 2022-2027 (%)
- 9.6 France - Market size and forecast 2022-2027
- Exhibit 86: Chart on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 87: Data Table on France - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 89: Data Table on France - Year-over-year growth 2022-2027 (%)
- 9.7 Rest of Europe - Market size and forecast 2022-2027
- Exhibit 90: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 91: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 93: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)
- 9.8 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ billion)
- Exhibit 95: Data Table on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 96: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 97: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 98: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 99: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 100: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 101: Matrix on vendor position and classification
- 12.3 Alphabet Inc.
- Exhibit 102: Alphabet Inc. - Overview
- Exhibit 103: Alphabet Inc. - Business segments
- Exhibit 104: Alphabet Inc. - Key news
- Exhibit 105: Alphabet Inc. - Key offerings
- Exhibit 106: Alphabet Inc. - Segment focus
- 12.4 Amazon.com Inc.
- Exhibit 107: Amazon.com Inc. - Overview
- Exhibit 108: Amazon.com Inc. - Business segments
- Exhibit 109: Amazon.com Inc. - Key news
- Exhibit 110: Amazon.com Inc. - Key offerings
- Exhibit 111: Amazon.com Inc. - Segment focus
- 12.5 Apple Inc.
- Exhibit 112: Apple Inc. - Overview
- Exhibit 113: Apple Inc. - Business segments
- Exhibit 114: Apple Inc. - Key news
- Exhibit 115: Apple Inc. - Key offerings
- Exhibit 116: Apple Inc. - Segment focus
- 12.6 Colt Technology Services Group Ltd.
- Exhibit 117: Colt Technology Services Group Ltd. - Overview
- Exhibit 118: Colt Technology Services Group Ltd. - Product / Service
- Exhibit 119: Colt Technology Services Group Ltd. - Key offerings
- 12.7 Digital Realty Trust Inc.
- Exhibit 120: Digital Realty Trust Inc. - Overview
- Exhibit 121: Digital Realty Trust Inc. - Product / Service
- Exhibit 122: Digital Realty Trust Inc. - Key offerings
- 12.8 Equinix Inc.
- Exhibit 123: Equinix Inc. - Overview
- Exhibit 124: Equinix Inc. - Business segments
- Exhibit 125: Equinix Inc. - Key news
- Exhibit 126: Equinix Inc. - Key offerings
- Exhibit 127: Equinix Inc. - Segment focus
- 12.9 Global Switch Ltd.
- Exhibit 128: Global Switch Ltd. - Overview
- Exhibit 129: Global Switch Ltd. - Product / Service
- Exhibit 130: Global Switch Ltd. - Key offerings
- 12.10 GTT Communications Inc.
- Exhibit 131: GTT Communications Inc. - Overview
- Exhibit 132: GTT Communications Inc. - Product / Service
- Exhibit 133: GTT Communications Inc. - Key offerings
- 12.11 International Business Machines Corp.
- Exhibit 134: International Business Machines Corp. - Overview
- Exhibit 135: International Business Machines Corp. - Business segments
- Exhibit 136: International Business Machines Corp. - Key news
- Exhibit 137: International Business Machines Corp. - Key offerings
- Exhibit 138: International Business Machines Corp. - Segment focus
- 12.12 Microsoft Corp.
- Exhibit 139: Microsoft Corp. - Overview
- Exhibit 140: Microsoft Corp. - Business segments
- Exhibit 141: Microsoft Corp. - Key news
- Exhibit 142: Microsoft Corp. - Key offerings
- Exhibit 143: Microsoft Corp. - Segment focus
- 12.13 NTT Communications Corp.
- Exhibit 144: NTT Communications Corp. - Overview
- Exhibit 145: NTT Communications Corp. - Product / Service
- Exhibit 146: NTT Communications Corp. - Key news
- Exhibit 147: NTT Communications Corp. - Key offerings
- 12.14 Pulsant Ltd.
- Exhibit 148: Pulsant Ltd. - Overview
- Exhibit 149: Pulsant Ltd. - Product / Service
- Exhibit 150: Pulsant Ltd. - Key offerings
- 12.15 QTS Realty Trust LLC
- Exhibit 151: QTS Realty Trust LLC - Overview
- Exhibit 152: QTS Realty Trust LLC - Product / Service
- Exhibit 153: QTS Realty Trust LLC - Key offerings
- 12.16 SITRONICS JSC
- Exhibit 154: SITRONICS JSC - Overview
- Exhibit 155: SITRONICS JSC - Product / Service
- Exhibit 156: SITRONICS JSC - Key offerings
- 12.17 Verizon Communications Inc.
- Exhibit 157: Verizon Communications Inc. - Overview
- Exhibit 158: Verizon Communications Inc. - Business segments
- Exhibit 159: Verizon Communications Inc. - Key offerings
- Exhibit 160: Verizon Communications Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 161: Inclusions checklist
- Exhibit 162: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 163: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 164: Research methodology
- Exhibit 165: Validation techniques employed for market sizing
- Exhibit 166: Information sources
- 13.5 List of abbreviations
- Exhibit 167: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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