Key Market Indicators
Slovakia's data center revenue is projected to reach €1.27 billion by 2028, up from €1.02 billion in 2023. This marks a compound annual growth rate (CAGR) of approximately 3.4%. Since 2013, the Slovak data center market has experienced a steady increase, growing at an average rate of 6.5% year on year. In 2023, Slovakia ranked 14th globally in data center revenue. Luxembourg narrowly edged out Slovakia with a revenue of €1.02 billion. In the broader European landscape, Sweden, Germany, and the United Kingdom secured the 2nd, 3rd, and 4th spots respectively in the data center revenue rankings.