Europe (hyperscale) data center market is expected 6% by 2022-2027

The study considers the present scenario of the Europe Hyperscale data center market and its market dynamics for 2022-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market, according to Research and Markets.

The Europe hyperscale data center market is expected to grow at a CAGR of 6% during the period 2022-2027.

Key highlights

• The adoption of cloud-based services by enterprises and social media by consumers are driving the construction of hyperscale data centers in Europe by companies such as Facebook, Google, Amazon Web Services (AWS), and Microsoft.
• Several new data center investors, such as Global Technical Realty and Stratus DC Management, have announced hyperscale investments, further aiding the market growth for hyperscale data centers.
• The European market will see increased adoption of cloud services among SMEs, with a heightened interest in the digital transformation of businesses with the adoption of solutions such as IoT, big data, and artificial intelligence.
• Within Western Europe, Ireland is expected to be the fastest-growing hyperscale market over the forecast period with a CAGR of 5.76%, followed by the United Kingdom and Germany.
• The Nordic region will attract an increasing number of hyperscale projects, growing at a CAGR of 10.72% over the forecast period, owing to the availability of renewable energy and options for free cooling, which helps keep the PUE of data centers low.
• In 2021, Russia led the hyperscale data center investment market within Central & Eastern Europe, followed by Poland. Investors such as Vantage Data Centers, Rostelecom Data Centers, IXcellerate, Google, AWS, and Microsoft are driving the market.

Geographical analysis

• In Western Europe, data centers are increasingly being built to support OCP rack infrastructure solutions, aided by the growth of ODM solutions in the market.
• In 2021, Western Europe contributed to over 75% of the capacity installed in Europe, followed by the Nordics and Central & Eastern Europe. Ireland, Germany, UK, and Sweden were some major contributors to the market.

CT Bureau