Europe Hyperscale Data Center Market Set for Remarkable Growth, Projected to Reach $39.69 Billion by 2028

Press Releases

Sep 12, 2023

DUBLIN, Sept. 12, 2023 /PRNewswire/ — The “Europe Hyperscale Data Center Market – Industry Outlook & Forecast 2023-2028” report has been added to  ResearchAndMarkets.com’s offering.

Research_and_Markets_Logo

The Europe hyperscale data center market is experiencing significant expansion, with a projected value of $39.69 billion by 2028, compared to $28.42 billion in 2022, reflecting a commendable Compound Annual Growth Rate (CAGR) of 5.72% from 2022 to 2028, according to a recent market report. The report reveals key highlights and trends shaping the industry’s landscape.

Key Highlights:

  • Digitalization and GDPR Drive Hyperscale Development: The rapid digitalization following the COVID-19 pandemic and the implementation of GDPR have accelerated the establishment of hyperscale facilities throughout Europe.
  • Renewable Energy Initiatives: Major data center operators are actively seeking renewable energy sources, making the Europe hyperscale data center market an attractive destination for global developers. The Climate Neutral Data Center Pact, which commits signatories to rely on renewable energy by 2030, has played a pivotal role in this shift.
  • Sustainable Hyperscale Growth: As of October 2022, over 100 companies have signed the Climate Neutral Data Center Pact, representing more than 90% of data center capacity across Europe. This pact enhances the sustainability of European data centers.
  • Preferred Regions: Western Europe and the Nordics emerge as favored regions for hyperscale data center development due to the availability of free and air-based cooling, which aids in reducing power consumption.

Key Trends:

  • Artificial Intelligence Adoption: European governments and businesses are actively adopting artificial intelligence (AI). National AI strategies have been developed in countries such as Germany and the U.K., while Spain and Portugal have launched AI-related programs to bolster technological advancements.
  • Sustainability Initiatives: The European Union’s efforts to transition to green energy sources and countries like the U.K. and France signing the Paris Agreement have driven operators to shift towards 100% renewable energy. Governments across Europe are increasingly focusing on renewable energy and reducing reliance on fossil fuels.

Segmentation Insights:

Electrical Infrastructure:

  • Lithium-ion UPS systems, fuel cells, and natural gas generators are central to the shift toward more efficient and sustainable electrical infrastructure.

Mechanical Infrastructure:

  • Free cooling, zero-water cooling, and liquid cooling are being deployed to meet the increasing workload of AI and HPC applications.

General Construction:

  • Sustainable design and development are driving increased investments in hyperscale facilities, particularly in engineering, design, and installation services.

Geographical Analysis:

  • Nordic and Western Europe remain attractive for hyperscale investments due to the availability of cooling options. Spain and Portugal have also emerged as new destinations for hyperscale data center development.

Key Market Participants:

  • Major cloud players, including Microsoft, Google, and Meta, are significant investors in the Europe hyperscale data center market.
  • Colocation operators such as Equinix, Digital Realty, Vantage Data Centers, CyrusOne, and NTT are actively involved in developing hyperscale facilities.

Key Data Center IT Infrastructure Providers

  • Arista Networks
  • ATOS
  • Broadcom
  • Cisco Systems
  • Dell Technologies
  • Extreme Networks
  • Fujitsu
  • Hitachi Vantara
  • Hewlett Packard Enterprise (HPE)
  • Huawei Technologies
  • IBM
  • INSPUR
  • Juniper Networks
  • Lenovo
  • MiTAC Holdings
  • NEC Corporation
  • NetApp
  • Pure Storage
  • Quanta Cloud Technology (Quanta Computer)
  • Super Micro Computer
  • Wistron Corporation

Key Data Center Support Infrastructure Providers

  • 3M
  • ABB
  • Airedale International Air Conditioning
  • Aermec
  • Alfa Laval
  • Aksa Power Generation
  • Carrier
  • Caterpillar
  • Condair
  • Climaveneta
  • Cummins
  • D’HONDT THERMAL SOLUTIONS
  • Daikin Applied
  • Delta Electronics
  • Eaton
  • ebm-papst
  • EMICON INNOVATION AND COMFORT
  • Enrogen
  • Flaktgroup
  • Grundfos
  • Guntner
  • Gesab
  • HiRef
  • HITEC Power Protection
  • Honeywell International
  • Johnson Controls
  • Kohler-SDMO
  • KyotoCooling
  • Legrand
  • Mitsubishi Electric
  • Munters
  • NetNordic
  • Nlyte Software (Carrier Global Corporation)
  • Perkins Engines
  • Piller Power Systems
  • Reillo Elettronica (Riello UPS)
  • Rittal
  • Rolls-Royce
  • Schneider Electric
  • Siemens
  • Socomec
  • STULZ
  • Trane (Ingersoll Rand)
  • Vertiv

KEY QUESTIONS ANSWERED:
1. How big is the Europe hyperscale data center market?
2. What is the growth rate of the Europe hyperscale data center market?
3. What is the estimated market size in terms of area in the Europe hyperscale data center market by 2028?
4. What are the key trends in the Europe hyperscale data center market?
5. How many MW of power capacity is expected to reach the Europe hyperscale data center market by 2028?

For more information about this report visit https://www.researchandmarkets.com/r/w5u6y

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com 
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/europe-hyperscale-data-center-market-set-for-remarkable-growth-projected-to-reach-39-69-billion-by-2028–301924292.html

SOURCE Research and Markets

YOU MAY ALSO LIKE

The Inner Circle acknowledges, Robert John Lake…

DUBLIN, Sept. 12, 2023 /PRNewswire/ -- The "Europe Hyperscale Data Center Market - Industry Outlook & Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering.…

read more

Hybrid UAV Market worth $1,705.0 million by…

DUBLIN, Sept. 12, 2023 /PRNewswire/ -- The "Europe Hyperscale Data Center Market - Industry Outlook & Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering.…

read more

UK’s Department for Business and Trade Announces…

DUBLIN, Sept. 12, 2023 /PRNewswire/ -- The "Europe Hyperscale Data Center Market - Industry Outlook & Forecast 2023-2028" report has been added to  ResearchAndMarkets.com's offering.…

read more