Europe Data Center Colocation Market Size, Share, Growth Analysis, By Type(Retail, Wholesale ), By Tier(Tier 1, Tier 2, Tier 3, Tier 4), By Enterprise Size(Large Enterprises, Small and Medium-sized Enterprises), By End Use(Retail, BFSI, IT & Telecom, Media & Entertainment), By Country(United Kingdom, Germany, France, Italy), By Region - Industry Forecast 2024-2031

Report ID: SQMIR50A2020 | Region: Regional | Published Date: February, 2024
Pages: 157 | Tables: 63 | Figures: 70

Europe Data Center Colocation Market News

In July 2023, Equinix announced the opening of its new data center in Frankfurt, Germany. The data center is the company's 12th in Germany and is designed to meet the growing demand for colocation services in the region.

In June 2023, Digital Realty Trust announced the acquisition of Interxion for $8.4 billion. The acquisition will create one of the largest data center providers in Europe.

In May 2023, Vantage Data Centers announced the opening of its new data center in Dublin, Ireland. The data center is the company's third in Ireland and is designed to meet the growing demand for cloud computing services in the region.

In April 2023, Google announced plans to invest $1 billion in a new data center in Denmark. The data center is expected to be completed in 2025.

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Europe Data Center Colocation Market size was valued at USD 15.92 billion in 2022 and is poised to grow from USD 18.41 billion in 2023 to USD 56.99 billion by 2031, growing at a CAGR of 15.20% in the forecast period (2024-2031).

The competitive landscape of the Europe Data Center Colocation Market is characterized by the presence of both global and regional players vying for market share. Key players in the market include industry giants such as Equinix, Digital Realty Trust, NTT Communications, and Interxion (a subsidiary of Digital Realty). These players have established a strong presence with extensive data center networks across major European cities. They offer a range of services, including connectivity options, hybrid cloud solutions, and managed services, catering to the diverse needs of enterprises. 'Equinix', 'Digital Realty Trust', 'NTT Communications', 'Interxion (a subsidiary of Digital Realty)', 'CyrusOne', 'Kao Data', 'e-shelter (a subsidiary of NTT Communications)', 'Colt Data Centre Services', 'Global Switch', 'Telehouse (a subsidiary of KDDI Corporation)', 'Data4', 'Zenium Data Centers', 'IXcellerate', 'Altice Data Center', 'Green Datacenter AG'

The rapid pace of digital transformation across industries is driving the demand for data center colocation services. Enterprises are shifting towards cloud-based solutions, IoT, big data, and AI, requiring robust and scalable data infrastructure.

Rise of Hyperscale Cloud Providers: The region is experiencing an influx of hyperscale cloud providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). These providers are driving significant demand for data center colocation services to support their expanding infrastructure needs.

In the Europe data center colocation market, the largest country is typically Germany. Germany has a robust economy, advanced technology infrastructure, and is strategically positioned within Europe, making it a prime location for data center colocation services. The presence of major cities like Frankfurt, known for its significant connectivity and data exchange, further enhances Germany's prominence in the data center industry.

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Europe Data Center Colocation Market News

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