Portugal data center market expected to grow at CAGR of 6.02%

The report considers the present scenario of the Portugal data center market and its market dynamics for 2022?2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the demand and supply aspects of the market, according to Research and Markets.

Portugal data center market is expected to grow at a CAGR of 6.02% during 2022-2027.

Key highlights

• AR Telecom, Pioneer Point Partners & Davidson Kempner Capital Management, Merlin Properties & Edged Energy, and NOS are colocation data center operators expected to develop data centers in the country during the forecast period.
• Increasing cloud connectivity will boost the digital economy of the country and will lead to higher demand for high-bandwidth networking and processing infrastructure. For instance, CloudZone has partnered with Amazon Web Services (AWS) to accelerate cloud services and improve the digital economy of Portugal.
• Colocation facilities expect to witness an increase in the adoption of flexible design, which supports 42U to 47U rack cabinets. In 2021, AR Telecom planned to build a data center in Lisbon with around 150 racks.
• In Portugal, Madeira International Business center and Santa Maria Island are free to trade zones where the data center investors can invest as the operators can get various tax exemptions and various incentives.
• In February 2022, Amazon Web Services (AWS) announced that it is planning to launch local edge zones in 32 cities across 26 countries worldwide, including Lisbon.

CT Bureau