Greece data center market expected to reach $1.218 billion by 2028

Greece data center market is expected to reach a value of $1.218 billion by 2028 from $735 million in 2022, growing at a CAGR of 8.78%, according to Research and Markets.

This report analyses the Greece data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.

Key highlights

• Greece has around 15 operational colocation data centers, most of which are being developed according to Tier III standards.
• A significant investment is being made in constructing new data centers and upgrading existing ones to meet the growing demand for data and support emerging technologies.
• The Greece data center market has witnessed significant growth in recent years due to rising demand for cloud computing, big data analytics, and IoT.
• The market emphasizes sustainability and energy efficiency more due to concerns about its carbon footprint.
• The Greece data center market benefits from over ten submarine cables that link the country to key global markets. Additionally, there are several inland internet exchange points.
• Major cloud service providers like Microsoft are constructing their facilities nationwide, while Google has also announced.

Research and Markets