Central and Eastern Europe Data Center Market - Industry Outlook & Forecast 2022-2027
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Central and Eastern Europe Data Center Industry Outlook & Forecast Market Report
Central and Eastern Europe data center market witnessed investments of USD 7.25 billion in 2021 and will witness investments of USD 10.68 billion by 2027, growing at a CAGR of 6.67 % during 2022-2027
Increasing data traffic has created additional demand for developing many data centers that support data generated by businesses and consumers. The use of cloud computing services and applications will continue to grow across Central and Eastern Europe countries, leading to further development of large data centers in the market. The market is driven by the rapid growth in cloud, IoT, AI, and ML, which are driving investments from data center service providers. In 2021, more than 25 data center projects were launched or were under construction in the Central and Eastern Europe region.
The following factors are likely to contribute to the growth of the Central and Eastern Europe data center market
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