Digital Transformation across the region is driving the Europe data center market demand during the forecast period.

The Europe Data Center Market size was valued at USD 55.65 billion in 2023, and is predicted to reach USD 122.58 billion by 2030, at a CAGR of 11.9% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

Throughout Europe, companies are increasingly embracing digital transformation endeavors to remain competitive in an ever-changing market landscape. This push towards digitalization underscores the critical need for resilient data center infrastructure capable of handling the expanding volumes of data generated and processed by enterprises. With the adoption of technologies such as cloud computing, big data analytics, and the Internet of Things (IoT), the demand for data center services is on the rise. Furthermore, the COVID-19 pandemic accelerated the uptake of remote work and online services, amplifying the requirement for dependable data center facilities to guarantee uninterrupted connectivity and seamless access to data.

However, the data center industry faces considerable challenges, particularly in terms of the substantial initial investment and stringent environmental regulations. The establishment and upkeep of data centers necessitate significant upfront financial commitments, erecting barriers for smaller enterprises and startups. Moreover, ongoing compliance with environmental standards demands continuous investments in energy-efficient technologies hinders the overall market growth.

On the other hand, the incorporation of edge computing into network infrastructure operations presents promising prospects for the Europe data center market future. By minimizing latency and facilitating real-time processing, edge computing supports applications such as IoT and AR, easing the burden on centralized cloud data centers while furnishing scalability and adaptability. This decentralized approach enhances security by processing sensitive data locally and aligns with evolving digital landscapes, generating diverse opportunities for data center providers. Recent investments in startups such as Armada underscore the escalating interest in edge computing solutions, reflecting a concerted endeavor to tackle connectivity challenges and bridge the digital gap.

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The key players operating in the Europe data center industry include Amazon.com Inc., IBM Corporation, Microsoft Corporation, Cisco System Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise Company, NTT Communications Corporation, Equinix Inc., Digital Reality Trust Inc. and others.

Key Insights from the Europe Data Center Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Europe data center market trends is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The market share of players in the Europe data center market is provided in the report along with their competitive analysis.