The European data center turnover reveals a diverse landscape, with France leading at €9.88 billion, closely followed by Sweden (€9.35 billion), Germany (€9.34 billion), and the United Kingdom (€9.31 billion). Italy, despite a slight decline, stands at €8.72 billion. Noteworthy increases were observed in Lithuania (27.71%), Serbia (59.97%), and Cyprus (41.53%) from 2023. Conversely, Italy experienced a marginal downturn of 0.56%. The total market has shown significant dynamism, with notable year-on-year variations and a strong CAGR over the last five years.
Future trends to watch include the increasing investments in sustainable data center solutions, driven by environmental regulations and corporate responsibility mandates. Additionally, advancements in AI, edge computing, and 5G technologies are expected to underpin substantial growth across various regions, potentially redistributing market shares among the leading countries.
Top countries in Turnover of Data Center by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 9,880 | 2023 | +1.93% | +9.12% | View data |
| 2 | 2 Sweden | 9,350 | 2023 | +8.87% | +14.74% | View data |
| 3 | 3 Germany | 9,340 | 2023 | +4.25% | +2.68% | View data |
| 4 | 4 United Kingdom | 9,310 | 2023 | +1.2% | +0.69% | View data |
| 5 | 5 Italy | 8,720 | 2023 | -0.53% | -0.56% | View data |
| 6 | 6 Ireland | 5,550 | 2023 | +9.8% | +11.62% | View data |
| 7 | 7 Austria | 4,190 | 2023 | +6.57% | +1.08% | View data |
| 8 | 8 Spain | 2,340 | 2023 | +6.06% | +3.99% | View data |
| 9 | 9 Belgium | 2,120 | 2023 | +4.7% | +8% | View data |
| 10 | 10 Denmark | 1,870 | 2023 | +8.26% | +11.11% | View data |
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