How big is the Europe data center colocation market?

The Europe data center colocation market size was estimated at USD 15.9 billion in 2022 and is expected to reach USD 17.9 billion in 2023.

What is the Europe data center colocation market growth?

The Europe data center colocation market is expected to grow at a compound annual growth rate of 15.3% from 2023 to 2030 to reach USD 48.6 billion by 2030.

Which enterprise size led the Europe data center colocation market?

The large enterprise segment dominated the global Europe data center colocation market and accounted for the largest revenue share of over 60% in 2022.

Which colocation type accounted for the largest Europe data center colocation market share?

In terms of colocation type, the retail colocation segment accounted for over 70% of the market in 2022. The growth is attributed to the rise in small & medium scale industries in the emerging countries across Europe.

Who are the key players in Europe data center colocation market?

Some key players operating in the Europe data center colocation market include Equinix, Inc; Cyxtera Technologies, Inc; InterXion; CyrusOne, Inc; NTT Limited; Global Switch; Verne Global.

What are the factors driving the Europe data center colocation market?

Key factors that are driving the Europe data center colocation market growth include the increasing requirement for faster data processing and high bandwidth; the emergence of immersive technologies and adoption of smart devices; and the growing viewership of OTT streaming platforms.