Data Center Market in Europe 2024-2028

Data Center Market In Europe 2024-2028

The data center market in Europe is forecasted to grow by USD 291.7 bn during 2023-2028, accelerating at a CAGR of 26.9% during the forecast period. The report on the data center market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imposition of data protection regulation, increasing adoption of big data analytics, and rising data center construction.

Technavio's data center market in Europe is segmented as below:

• By End-user
• Medium and small enterprises
• Large enterprises
• By Component
• IT infrastructure
• Power management
• Cooling solutions
• General construction
• Others
• By Geographical Landscape
• Europe

This study identifies the hybrid and multi-cloud environments as one of the prime reasons driving the data center market in Europe growth during the next few years. Also, growing adoption of sddcs and rising adoption of high-performance computing (hpc) across enterprises will lead to sizable demand in the market.

The report on the data center market in Europe covers the following areas:

• Data center market in Europe sizing
• Data center market in Europe forecast
• Data center market in Europe industry analysis

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data center market in Europe vendors that include Alphabet Inc., Amazon.com Inc., Apple Inc., Cogeco Communications Inc., Colt Technology Services Group Ltd., Data4 Group, Deutsche Telekom AG, Digital Realty Trust Inc., Equinix Inc., Switch Ltd., GTT Communications Inc., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., NTT Communications Corp., Pulsant Ltd., QTS Realty Trust LLC, SITRONICS JSC, and Verizon. Also, the data center market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.