Leading multinationals invest in data center markets in Spain, Sweden and Ireland
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CHICAGO, September 28, 2021 / PRNewswire / – Over the past 5-7 years, the market has grown significantly, with the development of hyperscale data centers increasing. The outbreak of the COVID-19 pandemic has been a powerful driver for digital transformation initiatives in private and public sector companies in data centers. The trend of developing new spaces is increasing in all regions which is expected to fuel the growth of the global data center market. The Data Center Knowledge Base portfolio consists of a wide range of Data Center market research reports. The reports cover aggregate information on several growth factors, new technologies, trends and the competitive landscape to grow your business. Arizton also offers more personalized and insightful reports related to data center industry.
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1. Spain Data Center Market – Investment Analysis and Growth Opportunities 2021-2026
Spain data center market the size will see investments of $ 1.97 billion by 2026, with a CAGR of 5.85% in 2021-2026. Arizton has identified approximately 42 unique data centers in Spain and 4 installations are to come in the future.
About 35 colocation facilities are in Spain, with Madrid market leader and representing more than 20 data centers, followed by Barcelona with 7 installations. In Spain, with an increase in the adoption of cloud-based services, the digitization movement of the enterprise, involving the migration to on-premise facilities, is likely to boost the colocation services market during the period 2021- 2026.
Highlights:
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In 2020, with over 85% of people participating, WhatsApp was the most used social media in Spain, followed by Facebook, YouTube, TikTok and Instagram.
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Rapid investments and deployment of 5G technology have led to the growth of Internet users, thus increasing the demand for data centers Spain.
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Sherpa Red dots, Source {d}, vLex, Artificial Solutions, Inbenta are some leading AI companies in Spain.
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Most of the data centers in Spain adoption of medium to low voltage switchgear for power distribution in data centers.
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About 10 data centers in Spain are Tier IV certified by the Uptime Institute.
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2. Swedish Data Center Market – Investment Analysis and Growth Opportunities 2021-2026
Sweden data center market size to reach $ 3.77 billion by 2026, with a CAGR of 7.82% during the forecast period. Arizton has identified approximately 31 unique data centers in Sweden and 1 installation are to come in the future.
Sweden plans to add approximately 5 million square feet of data center space between 2021 and 2026. Most underdeveloped colocation data center facilities span over 10,000 square feet of net rentable space . The Swedish data center market expects investments from cloud service providers such as Microsoft and Google as well as colocation service providers during the forecast period.
Highlights:
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Sweden hosts key cloud providers such as Amazon Web Services and Microsoft. Increase in data volumes in Sweden have seen companies adopt cloud-based services.
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Microsoft has invested around $ 1.25 million in Sweden in partnership with 13 organizations to advance the STEM program focused on the development of young people in Sweden.
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The increased investments in data centers and the implementation of the GDPR have fueled the growth of the server market by Sweden over the past two years.
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Swedish government tax incentives are also having a major effect on the market, with several local and global data center providers investing in Sweden.
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3. Ireland Data Center Market – Investment Analysis and Growth Opportunities 2021-2026
Ireland data center market will assist with investments of $ 3.84 billion by 2026, increasing to a CARG of 5.47% over the period 2021-2026. Arizton has identified approximately 24 unique data centers in Sweden and 12 installations are to come in the future.
Core & shell development services in Ireland are likely to witness a cumulative investment of more than $ 7 billion in 2021-2026. Equinix, Digital Realty, Keppel Data Centers and EdgeConneX are the leading providers of colocation services in Ireland. In Ireland, the contribution of renewable energy sources was over 40% in 2020 and is expected to reach 70% by 2030 across all data center installations.
Highlights:
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AWS and Facebook announced that they are offering more than 1,000 new builds in data centers in Ireland over the next few years.
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In 2020, TikTok announced plans to build a $ 500 million data center at Ireland, which is expected to be operational by 2022.
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Echelon Data Centers, a new entrant in the market Ireland market, is expanding its wholesale colocation spaces through its Clondalkin data center. The company is also involved in the development of the Arklow Phase I data center in Dublin.
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Free cooling systems dominate the data center market by Ireland.
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SOURCE Arizton Consulting & Intelligence
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