European Data Center Trends in 2024
Data Center is part of ICT and includes a number of sub-sectors such as Managed Hosting, Colocation and Green Data Center. You may also be interested in Telecom, IT Services and Software.
European Data Center Revenue is projected to rise significantly over the coming years, reaching approximately €88 billion by 2028 from €73 billion in 2023. This marks an annual compound growth rate (CAGR) of 2.9%. The European data center market has shown notable growth since 2019, with a year-on-year increase of 4.8%. Leading the charge in 2023, France topped the rankings with revenue of nearly €10 billion. Following France, Sweden, Germany, and the United Kingdom secured the second, third, and fourth positions, respectively. Notably, Serbia has experienced a remarkable growth rate of 60% year-on-year, indicating a burgeoning data center market. In contrast, Italy's market has seen a slight decline, decreasing by 0.6% annually since 2019.
Latest reports
US Data Center Market Report- Q4 2024
The US data center market in Q4 2024 showcased remarkable growth and transformation across various segments, driven by technological advancements, strategic expansions, and...
China Data Center Market Report- Q4 2024
The Chinese data center market in Q4 2024 experienced dynamic growth and strategic developments, driven by technological advancements and evolving consumer demands. This...
Japan Data Center Market Report- Q4 2024
The Japan data center market in Q4 2024 is characterized by significant growth and dynamic developments driven by technological advancements, strategic investments, and...
Germany Data Center Market Report- Q4 2024
The fourth quarter of 2024 has been pivotal for the Data Center Germany industry, marked by significant advancements and challenges that shape its...
India Data Center Market Report- Q4 2024
In the fourth quarter of 2024, India's data center market continues to witness robust growth, driven by the rapid digitalization across industries and...
UK Data Center Market Report- Q4 2024
The UK data center market in Q4 2024 has been characterized by dynamic growth, driven by the ongoing digital transformation and the increasing...
France Data Center Market Report- Q4 2024
The France data center market in Q4 2024 is characterized by significant developments across various segments, driven by advancements in cloud services, AI...
Canada Data Center Market Report- Q4 2024
The Canadian data center market in the fourth quarter of 2024 is characterized by robust growth in hyperscale data centers, driven by rising...
Brazil Data Center Market Report- Q4 2024
The Brazilian data center market in Q4 2024 is experiencing significant transformations driven by strategic partnerships, technological advancements, and sustainability initiatives. Key players...
Italy Data Center Market Report- Q4 2024
The fourth quarter of 2024 marks a transformative phase for the data center market in Italy, driven by significant investments and advancements in...
Top 10 countries
In 2024 major markets in the Data Center Industry were:
World Data Center Market Data and Forecasts
How much the Data Center industry is expected to grow to 2028?
World Data Center Top Rankings
Global Data Center Statistics
- Number Of Employees 207 countries (Europe, Northern Europe, Southern Europe...)
- Hosting Services Penetration 44 countries (Europe, Northern Europe, Southern Europe...)
- Number Of Internet Servers 239 countries (Africa, Sub-Saharan Africa, Latin America...)
- Data Center Revenue 46 countries (Europe, Southern Europe, Northern Europe...)
- Textile Production 97 countries (Europe, Northern Europe, Eastern Europe...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)
