The Europe Data Center Services Market is expected to witness market growth of 15.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Data Center Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $22.85 billion by 2031. The UK market is exhibiting a CAGR of 14.6% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 16.4% during 2024-2031.
With the growing volume of data generated daily, data centers provide the infrastructure for processing, storing, and analyzing large datasets. Industries such as finance, healthcare, marketing, and e-commerce depend on data centers to power analytics platforms that enable real-time decision-making, predictive modeling, and business intelligence.
Data centers play an essential role in supporting the rapidly expanding e-commerce industry. E-commerce platforms require secure, scalable infrastructure for processing transactions, customer data storage, and inventory management. Data centers also support digital content delivery networks (CDNs) that ensure fast, efficient distribution of media, videos, and software.
The increasing industrial production in the EU is driving the adoption of digital technologies across manufacturing, logistics, energy, and other key sectors. As industries move towards automation, artificial intelligence (AI), and the Internet of Things (IoT), the demand for data storage, processing, and security will escalate. Data centers are essential in providing the necessary infrastructure to manage the vast amounts of data generated by these technologies. Moreover, the substantial increase in the value of sold production in 2022 - from €5.20 trillion in 2021 to €6.17 trillion - demonstrates a thriving business environment, particularly in sectors like automotive, chemicals, electronics, and energy. These sectors increasingly rely on data-driven decision-making and cloud-based services to optimize operations, reduce costs, and enhance productivity. As a result, businesses will require more data center services to handle their enterprise data and the growing need for real-time analytics and machine learning models. Overall, Europe’s rising industrial production and increasing value of sold goods will contribute significantly to the growth of this market.
The Germany market dominated the Europe Data Center Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $22.85 billion by 2031. The UK market is exhibiting a CAGR of 14.6% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 16.4% during 2024-2031.
With the growing volume of data generated daily, data centers provide the infrastructure for processing, storing, and analyzing large datasets. Industries such as finance, healthcare, marketing, and e-commerce depend on data centers to power analytics platforms that enable real-time decision-making, predictive modeling, and business intelligence.
Data centers play an essential role in supporting the rapidly expanding e-commerce industry. E-commerce platforms require secure, scalable infrastructure for processing transactions, customer data storage, and inventory management. Data centers also support digital content delivery networks (CDNs) that ensure fast, efficient distribution of media, videos, and software.
The increasing industrial production in the EU is driving the adoption of digital technologies across manufacturing, logistics, energy, and other key sectors. As industries move towards automation, artificial intelligence (AI), and the Internet of Things (IoT), the demand for data storage, processing, and security will escalate. Data centers are essential in providing the necessary infrastructure to manage the vast amounts of data generated by these technologies. Moreover, the substantial increase in the value of sold production in 2022 - from €5.20 trillion in 2021 to €6.17 trillion - demonstrates a thriving business environment, particularly in sectors like automotive, chemicals, electronics, and energy. These sectors increasingly rely on data-driven decision-making and cloud-based services to optimize operations, reduce costs, and enhance productivity. As a result, businesses will require more data center services to handle their enterprise data and the growing need for real-time analytics and machine learning models. Overall, Europe’s rising industrial production and increasing value of sold goods will contribute significantly to the growth of this market.
List of Key Companies Profiled
- ABB Ltd.
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- DXC Technology Company
- Equinix, Inc.
- Eaton Corporation plc
- IBM Corporation
- Schneider Electric SE
- Siemens AG
- Microsoft Corporation
Market Report Segmentation
By End User
- Cloud Providers
- Colocation Providers
- Enterprises
By Service
- Installation & integration services
- Maintenance and support
- Training services
- Consulting & Others
By Data Center Type
- Small data centers
- Large data centers
- Medium data centers
By Vertical
- BFSI
- Telecom & ITES
- Government & Defense
- Healthcare & Education
- Retail
- Manufacturing
- Other Vertical
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Data Center Services Market by End User
Chapter 6. Europe Data Center Services Market by Service
Chapter 7. Europe Data Center Services Market by Data Center Type
Chapter 8. Europe Data Center Services Market by Vertical
Chapter 9. Europe Data Center Services Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- ABB Ltd.
- Cisco Systems, Inc.
- Dell Technologies, Inc.
- DXC Technology Company
- Equinix, Inc.
- Eaton Corporation plc
- IBM Corporation
- Schneider Electric SE
- Siemens AG
- Microsoft Corporation
Methodology
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