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European data center market to reach $55.45 billion by 2028

European data center market is projected to reach a value of $55.45 billion by 2028 from $39.9 billion in 2022, growing at a CAGR of 5.6%, according to Research and Markets.

Europe is one of the significantly growing data center markets globally, majorly driven by investments in the Western Europe region, followed by Nordics and Central & Eastern Europe. In terms of IT infrastructure, the market is witnessing the adoption of network switches of over 40GbE capacity, flash storage devices, and rack servers.

UPS systems dominate the investments in the electrical infrastructure segment, followed by generators with a major contribution from Western Europe.

Mechanical infrastructure segment is growing investments in water-based cooling solutions. Market is witnessing major trends such as the growing adoption of artificial intelligence, 5G & edge data center deployment, district heating system growth, and other factors. Research and Markets

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