From 2013 to 2023, the turnover of data centers in Belgium showed considerable fluctuations, with periods of both growth and decline. In 2023, the turnover reached 2.12 billion Euros, marking a growth of 4.7% year-on-year and a CAGR of 8% over the last five years. The forecasted growth rate for the next five years indicates a CAGR of 3.12%, predicting the turnover to rise to 2.58 billion Euros by 2028.
Future trends to watch for:
- Increasing demand for cloud services and data storage.
- Expansion of AI and big data analytics driving infrastructure needs.
- Sustainability and energy efficiency becoming critical focus areas.
- Potential impacts of emerging technologies like quantum computing.
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