Data Bridge Market Research analyses that the Europe Data Center Construction Market is expected to grow at a CAGR of 24.7% from 2023 to 2030 and reach USD 72,912.72 million by 2030. The surge in demand for hyper scale data center facilities propels the market growth.
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A data center is a physical or virtual facility businesses use to store critical applications and data. It is designed upon a computing and storage network that enables the delivery of shared applications and data. Businesses of various natures prefer it as it provides a highly reliable, secure environment with redundant mechanical, cooling, and electrical power systems and network communication connections. Data center construction is the combined set of processes used to construct a data center facility, physically or virtually.
The construction process refers to activities involved in designing, planning, and constructing a facility. The key components of a data center design include routers, switches, firewalls, storage systems, servers, and application-delivery controllers.
Key Findings of the Study
- Rapid growth in cloud, AI/ML-based services
In recent times, every organization requires a data center irrespective of its size, but traditional data centers need to be more capable of meeting the company's growing demands. The problem with traditional architectures is their dependency on the centralized framework. There are certain limitations to traditional data centers, such as high up-front capital, taking up space, power wastage, hard to access remotely, and updates are not automatic. They are limited to smaller organizations with a heavy capital investment in information technology (IT).
Moreover, capital investment in the IT sector evolves with the adoption of AI/ML and cloud-based applications. These technologies have become the most significant and have been driving the usage of internet devices across different sectors. However, digitalization is also a major driving factor for adopting such technologies and supporting economic growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Infrastructure Type (Electrical Infrastructure, General Infrastructure, and Mechanical Infrastructure), Offering (Solutions and Services), Tier Standards (Tier I, Tier II, Tier III, and Tier IV), Data Center Type/ Data Center Size (Large Scale DC, Medium Scale DC, and Small Scale DC), Type (Enterprise Data Center, Managed Services Data Centers, Colocation Data Center, Hyperscale Data Center, Cloud Data Center, and Edge Data Center), End-User (Banking, Financial Services and Insurance (BFSI), Pharmaceutical, Government, IT and Telecommunication, Healthcare, Energy and Utility, Retail & E-Commerce, Research & Academic, Manufacturing, Media and Entertainment, and Others)
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Countries Covered
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Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Ireland, and Rest of Europe
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Companies Covered
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IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Lenovo (China), Schneider Electric (France), Dell Inc. (U.S.), Juniper Networks, Inc. (U.S.), Rittal GmbH & Co. KG (Germany), Oracle ((U.S.)), Hewlett Packard Enterprise Development LP (U.S.), Equinix, Inc. (U.S.), FUJITSU (Japan) and Hitachi Vantara, (A brand of Hitachi, Ltd.)(Japan)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include data center construction and pharmaceutical factories construction.
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Segment Analysis:
Europe data center construction market is segmented into six notable segments based on the infrastructure type, offering, tier standards, data center type/ data center size, type, and end-user.
- In 2023, the electrical infrastructure is expected to dominate the Europe data center construction market with a 47.63% share and is expected to reach USD 35,859.93 million by 2030 growing with the highest CAGR of 25.3% in the forecast period of 2023 to 2030.
In 2023, the electrical infrastructure of the infrastructure type segment is anticipated to dominate the Europe data center construction market.
In 2023, the electrical infrastructure segment of offering segment is expected to dominate the Europe data center construction market infrastructure type segment is expected to dominate the market as electrical infrastructure distributes power to the equipment and power infrastructure is the most important and critical component in the data center as an hour of downtime can cause huge loss for data center operators. Therefore, a lot of attention is provided for better employment of electrical infrastructure, which is contributing to the growth of the segment in the Europe data center construction market.
In 2023, the solution segment of the offering segment is anticipated to dominate the Europe data center construction market
In 2023, the solution segment is expected to dominate the Europe data center construction market with the largest market share as majority of data center operators are adopting solutions such as HVAC and cooling to better manage their data centers, which is contributing to the growth of the segment in the Europe data center construction market.
- On the basis of the infrastructure type, Europe data center construction market is segmented into electrical infrastructure, general infrastructure, and mechanical infrastructure. In 2023, the electrical infrastructure is expected to dominate the Europe data center construction market with a 47.63% share.
- On the basis of the offering, Europe data center construction market is segmented into solutions and services. In 2023, the solutions segment is expected to dominate the Europe data center construction market with a 62.18% share.
- On the basis of the tier standards, Europe data center construction market is segmented into tier I, tier II, tier III, and tier IV. In 2023, tier III is expected to dominate the Europe data center construction market with a 54.30% share.
- On the basis of the data center type/ data center size, Europe data center construction market is segmented into large data DC, medium data DC, and small data DC. In 2023, the small scale DC is expected to dominate the Europe data center construction market with a 49.85% share.
- On the basis of the type, Europe data center construction market is segmented into enterprise data center, managed services data center, colocation data center, hyperscale data center, cloud data center, and edge data center. In 2023, the colocation data centers segment is expected to dominate the Europe data center construction market with a 32.00% share.
- On the basis of the end user, Europe data center construction market is segmented into banking, financial services and insurance (BFSI), pharmaceutical, government, IT and telecommunication, healthcare, energy and utility, retail & e-commerce, research & academic, manufacturing, media and entertainment, and others. In 2023, the banking, financial services, and insurance (BFSI) is expected to dominate the Europe data center construction market with a 24.31% share.
Major Players
Data Bridge Market Research recognizes the following companies as the major Europe data center construction market which are IBM Corporation (U.S.), Cisco Systems, Inc. (U.S.), Lenovo (China), Schneider Electric (France), Dell Inc. (U.S.), Juniper Networks, Inc. (U.S.), Rittal GmbH & Co. KG (Germany), Oracle ((U.S.)), Hewlett Packard Enterprise Development LP (U.S.), Equinix, Inc. (U.S.), FUJITSU (Japan) and Hitachi Vantara, (A brand of Hitachi, Ltd.)(Japan).
Market Developments
- In March 2023, Cisco Systems, Inc. agreed with Telenor Group to develop and introduce flexible and scalable as-a-service business models for different businesses. The companies are working on transforming offerings as-a-service model that will develop a base for customers to use cybersecurity and multi-cloud as-a-service solutions. This will help the company to expand its solution portfolio for the customers and enhance skills for digital inclusion.
- In September 2021, Equinix, Inc. announced the acquisition of 2 new data centers in India. The company planned to acquire to expand its business in India. The company will be able to provide businesses with low latency and worldwide on-demand edge cloud services through these acquisitions.
- In April 2022, Hewlett Packard Enterprise announced that it has established a new Global Centre of Excellence (CoE) for Artificial Intelligence (AI) and Data in Spain. This will allow the company to centralize its data utility applications for the Spain and company will generate more revenue in the region by providing services to local businesses.
- In September 2021, Juniper Networks, Inc. launched Juniper Networks QFX5700 series switch for data centers. The main objective behind these products launch was to enhance networking capabilities for data centers, as these programmable silicon switches offers 25.6 Tbps of bidirectional bandwidth capabilities. This company expanded its market by offering innovative data center products and solutions for consumers.
- In March 2021, Rittal GmbH & Co. KG partnered with Stulz. The main objective behind this partnership was to develop IT infrastructure solution for data centre by joining forces. Moreover, this partnership aimed on developing liquid-based closed-circuit chillers, free-cooling products, and side chiller for data centers. Both companies expanded their market by sharing technologies and innovation among their portfolio.
Regional Analysis
Geographically, the countries covered in the Europe data center construction market report are Germany, U.K., France, Netherlands, Russia, Italy, Spain, Switzerland, Belgium, Ireland, Turkey, and Rest of Europe.
As per Data Bridge Market Research analysis:
Germany is the dominant and fastest growing country in the Europe data center construction market during the forecast period of 2023 to 2030
In 2023, Germany is expected to dominate the Europe data center construction market due to rapid digitization across all industries in the region, spearheading the adoption of various types of data centers, such as small and medium size data centers. Data centers are widely adopted and are increasingly demanded by various companies and organizations due to their scalability, security, and efficiency in data transmission and storage. These reasons show the growth in the data center construction market and will continue to grow in the forecasted period.
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