France leads in the European data center turnover, exhibiting steady growth of 9.12% in 2023. Sweden closely follows with the highest growth rate among major markets, showcasing a 14.74% increase. Germany and the UK display modest growth, while Italy's market shows a slight decline. Ireland and Denmark also demonstrate significant growth at 11.62% and 11.11% respectively. Smaller markets like Serbia and Cyprus record remarkable percentage increases of 59.97% and 41.53%.
Future trends to watch for include:
- Continued growth potential in smaller Eastern European countries.
- Potential expansion in data center technology and green energy initiatives across established markets like France and Sweden.
- Monitoring the economic and regulatory impacts on the UK's market post-Brexit.
Top countries in Turnover of Data Center Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 13.61 | 2023 | +1.93% | +9.12% | View data |
| 2 | 2 Sweden | 12.89 | 2023 | +8.87% | +14.74% | View data |
| 3 | 3 Germany | 12.86 | 2023 | +4.25% | +2.68% | View data |
| 4 | 4 United Kingdom | 12.83 | 2023 | +1.2% | +0.69% | View data |
| 5 | 5 Italy | 12.01 | 2023 | -0.53% | -0.56% | View data |
| 6 | 6 Ireland | 7.64 | 2023 | +9.8% | +11.62% | View data |
| 7 | 7 Austria | 5.77 | 2023 | +6.57% | +1.08% | View data |
| 8 | 8 Spain | 3.22 | 2023 | +6.06% | +3.99% | View data |
| 9 | 9 Belgium | 2.92 | 2023 | +4.7% | +8% | View data |
| 10 | 10 Denmark | 2.58 | 2023 | +8.26% | +11.11% | View data |
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