Data Center Market In Europe Size to Grow by $ 122.05 bn through 2021-2025  

Technavio research projects the data center market in Europe to grow by $ 122.05 bn, accelerating at a CAGR of over 20% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Data Center Market In Europe: Key Market Driver

One of the primary factors that will trigger the growth of the data center market in Europe size is Increase in the adoption of cloud-based storage services. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Data Center Market In Europe: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., Amazon.com Inc., Apple Inc., Colt Technology Services Group Ltd., Digital Realty Trust Inc., Equinix Inc., Global Switch Holdings Ltd., GTT Communications Inc., International Business Machines Corp., and Microsoft Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

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The data center market in Europe has the potential to grow by USD 122.05 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 20.24%.

This data center market research report of Europe provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by component (IT infrastructure, power management, cooling solutions, general construction, and others) and geography (Western Europe and the rest of Europe). The data center market report of Europe also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., Apple Inc., Colt Technology Services Group Ltd., Digital Realty Trust Inc., Equinix Inc., Global Switch Holdings Ltd., GTT Communications Inc., International Business Machines Corp., and Microsoft Corp. among others. View Free Sample Report

Data Center Market in Europe: Segmentation by Component

The data center market share growth in Europe by the IT infrastructure segment will be significant during the forecast period. The data center market in Europe by IT infrastructure has been derived on the basis of sales of servers, storage, and networking solutions. The IT infrastructure of a data center consists of the core components that perform all the basic functions of a data center. 

Data Center Market in Europe: Segmentation by Geographic Region

81% of the market’s growth will originate from Western Europe during the forecast period. Market growth in Western Europe will be faster than the growth of the market in the rest of Europe.The increase in the demand for edge computing will facilitate the data center market growth in Western Europe over the forecast period. 

Data Center Market in Europe: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alphabet Inc., Amazon.com Inc. and Apple Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report