Key Market Indicators
Latvian Data Center Revenue is projected to reach approximately €428 million by 2028, increasing from around €328 million in 2023. This marks an annual growth rate of 4.2% in compound annual growth rate (CAGR). Since 2013, the Latvian market has seen a consistent rise, expanding at an average rate of 5.6% per year. In the 2023 rankings, Latvia stood at the 21st position, with Greece surpassing it by achieving the same revenue of approximately €328 million. Leading the rankings were Sweden, Germany, and the United Kingdom, occupying the 2nd, 3rd, and 4th positions respectively.
