Europe Data Center Colocation Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Retail and Wholesale), Enterprise Size (SMEs and Large Enterprises), and Industry (IT and Telecom, BFSI, Healthcare, Retail, and Others)
Market Introduction
The data center colocation market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. New data centers initiatives are significantly contributing to the growth of Europe’s data center colocation market. For instance, in July 2020, Interxion, a provider of carrier and cloud-neutral colocation data center solutions, announced the first phase of MRS 3, its third data center in Marseille, France to enable the customers in this region to benefit from a 100% uptime service-level agreement (SLA), and thereby focusing on their core business operations rather than managing a data center. Growth in the number of hardware infrastructure suppliers that also offer cloud services, including servers, storage, and network elements is bolstering the regional market growth. Countries such as Germany, the UK, France, and Italy are shifting toward cloud services, leading to the rising establishments of data center colocation, backed by the adoption of Big Data, Industry 4.0, Internet of Things, 5G, and cloud computing. Increased levels of remote working during the pandemic have created a surge in data storage and processing requirements in the region. Soaring adoption of high-performance compute (HPC) is the major factor driving the growth of the Europe data center colocation market.
The impact of COVID-19 differed from country to country across Europe. Each country witnessed an increase in recorded cases and subsequently attracted strict and longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. The European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus. Due to the sudden outbreak and subsequent lockdowns across Europe, the data center industry witnessed significant changes over the past year. COVID-19 surged the demand for cloud services as consumers spent most of the year working, learning, and entertaining from home like never before. In addition, companies from various industries came with more data space requirements to deploy their operations digitally on virtual space during the pandemic. The sudden spike in the demand for high storage capacity servers and data centers has disrupted the supply chain for Q1 and Q2 of 2020; however, in Q3 of the same year, the market recovered from this problem. Thus, owing to the aforementioned factors the data center colocation market is expected to proliferate during the forecast period.
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Market Overview and Dynamics
The data center colocation market in Europe is expected to grow from US$ 11,407.07 million in 2021 to US$ 33,615.39 million by 2028; it is estimated to grow at a CAGR of 16.7% from 2021 to 2028. A modern colocation data center is a hub of connectivity, facilitating customers to switch directly to the services they require over a single cross-connect or even with a quick and secure direct connection such as Microsoft’s Azure ExpressRoute. As the telecom operators are currently involved in rolling out the first wave of 5G services, data centers are capable of supporting network service providers to extend their reach more rapidly through colocation services. Providing reliable 5G services is expected to require more data center infrastructure than several network service providers presently have at their disposal. With the continuous rise in internet usage, leading to greater data demands, data center colocation would emerge as a highly attractive and cost-effective solution for the telecommunications sector. Moreover, a significant number of companies cannot afford to expand their existing on-premises solutions or increase capacity by constructing a private data center. Through strategic collaborations with experienced data center colocation providers, they can gain all the benefits of a state-of-the-art facility without the need for substantial capital investments to build one. Thus, the emergence of 5G technology and its services is anticipated to propel the growth of the data center colocation market in the near future. On May 5, 2020, IBM announced new services and solutions to help enterprises and telecommunications companies speed up their transition to edge computing in the 5G era. The solution will help organizations across the region to deal with the blazing speed and extremely low latency and transmission delays brought about by the rollout of wireless 5G telecommunications networks. The solutions also enable enterprises to reduce the complexity of managing workloads across a volume of devices and help them to quickly deliver edge-enabled services to customers. Clients across industries can leverage the benefits of edge computing, AI, and analytics to achieve organizational insights.
Key Market Segments
The Europe data center colocation market is segmented into type, enterprise size, industry, and country. Based on type, the market is segmented into retail and wholesale. The retail segment dominated the market in 2020 and wholesale segment is expected to be the fastest growing during the forecast period. Based on enterprise size, the data center colocation market is divided into SMEs and large enterprises. The large enterprises segment dominated the market in 2020 and SMEs segment is expected to be the fastest growing during the forecast period. Further, based on industry, the market is segmented into IT & Telecom, BFSI, healthcare, retail, and others. The IT & Telecom segment dominated the market in 2020 and BFSI segment is expected to be the fastest growing during the forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on data center colocation market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AT&T Intellectual Property; CyrusOne, Inc.; Cyxtera Technologies, Inc.; Digital Realty Trust LP; Equinix Inc.; Global Switch; NTT Communications Corporation; Telehouse; and Verizon Partner Solutions. are among others.
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Europe Data Center Colocation Market Segmentation
Europe Data Center Colocation Market –By Type
- Retail
- Wholesale
Europe Data Center Colocation Market –By Industry
- IT and Telecom
- BFSI
- Healthcare
- Retail
- Others
Europe Data Center Colocation Market –By Enterprise Size
- SMEs
- Large Enterprises
Europe Data Center Colocation Market -By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Data Center Colocation Market -Company Profiles
- AT&T Intellectual Property
- CyrusOne, Inc.
- Cyxtera Technologies, Inc.
- Digital Realty Trust LP
- Equinix Inc.
- Global Switch
- NTT Communications Corporation
- Telehouse
- Verizon Partner Solutions.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Data Center Colocation Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Data Center Colocation Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Surge in Enterprise Demands for Cost-Effective Solutions to Reduce Overall IT Cost
5.1.2 Soaring adoption of High-Performance Compute (HPC)
5.2 Market Restraint
5.2.1 High Initial and Maintenance Costs
5.3 Market Opportunities
5.3.1 Developments in Edge Computing
5.4 Market Trends
5.4.1 Introduction of 5G Services to Surge Demand for Advanced Data Center Infrastructure
5.5 Impact Analysis of Drivers and Restraints
6. Data Center Colocation Market – Europe Analysis
6.1 Data Center Colocation Market Overview
6.2 Data Center Colocation Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Data Center Colocation Market– By Type
7.1 Overview
7.2 Data Center Colocation Market, by Type (2020 & 2028)
7.3 Retail
7.3.1 Overview
7.3.2 Retail: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
7.4 Wholesale
7.4.1 Overview
7.4.2 Wholesale: Data Center Colocation Market- Revenue and Forecast to 2028 (US$ Million)
8. Europe Data Center Colocation Market Market– by Enterprise Size
8.1 Overview
8.2 Data Center Colocation Market, by Enterprise Size (2020 & 2028)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Data Center Colocation Market – By Industry
9.1 Overview
9.2 Data Center Colocation Market, by Industry (2020 and 2028)
9.3 IT & Telecom
9.3.1 Overview
9.3.2 IT & Telecom: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
9.4 BFSI
9.4.1 Overview
9.4.2 BFSI: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Healthcare
9.5.1 Overview
9.5.2 Healthcare: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Retail
9.6.1 Overview
9.6.2 Retail: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Data Center Colocation Market – Country Analysis
10.1 Overview
10.1.1 Europe: Data Center Colocation Market- by Key Country
10.1.1.1 Germany: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Data Center Colocation Market- by Type
10.1.1.1.2 Germany: Data Center Colocation Market- By Enterprise Size
10.1.1.1.3 Germany: Data Center Colocation Market- By Industry
10.1.1.2 France: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Data Center Colocation Market- by Type
10.1.1.2.2 France: Data Center Colocation Market- By Enterprise Size
10.1.1.2.3 France: Data Center Colocation Market- By Industry
10.1.1.3 Italy: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Data Center Colocation Market- by Type
10.1.1.3.2 Italy: Data Center Colocation Market- By Enterprise Size
10.1.1.3.3 Italy: Data Center Colocation Market- By Industry
10.1.1.4 UK: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Data Center Colocation Market- by Type
10.1.1.4.2 UK: Data Center Colocation Market- By Enterprise Size
10.1.1.4.3 UK: Data Center Colocation Market- By Industry
10.1.1.5 Russia: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Data Center Colocation Market- by Type
10.1.1.5.2 Russia: Data Center Colocation Market- By Enterprise Size
10.1.1.5.3 Russia: Data Center Colocation Market- By Industry
10.1.1.6 Rest of Europe: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Data Center Colocation Market- by Type
10.1.1.6.2 Rest of Europe: Data Center Colocation Market- By Enterprise Size
10.1.1.6.3 Rest of Europe: Data Center Colocation Market- By Industry
11. Europe Data Center Colocation Market- COVID-19 Impact Analysis
11.1 Overview
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 CyrusOne, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cyxtera Technologies, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Digital Realty Trust LP
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Equinix Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Telehouse
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 NTT Communications Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Global Switch
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Verizon Partner Solutions.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 AT&T Intellectual Property
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Data Center Colocation Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Germany: Data Center Colocation Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Data Center Colocation Market- By Enterprise Size –Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Data Center Colocation Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Data Center Colocation Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Data Center Colocation Market- By Enterprise Size –Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Data Center Colocation Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Data Center Colocation Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Data Center Colocation Market- By Enterprise Size –Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Data Center Colocation Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Data Center Colocation Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Data Center Colocation Market- By Enterprise Size –Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Data Center Colocation Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia: Data Center Colocation Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Data Center Colocation Market- By Enterprise Size –Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Data Center Colocation Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Data Center Colocation Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Data Center Colocation Market- By Enterprise Size –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe US: Data Center Colocation Market- By Industry –Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Data Center Colocation Market Segmentation
Figure 2. Europe Data Center Colocation Market Segmentation – By Country
Figure 3. Europe Data Center Colocation Market Overview
Figure 4. Large Enterprises Segment Held the Largest Market Share in 2020
Figure 5. Retail Held the Largest Market Share in 2020
Figure 6. IT & Telecom Held the Largest Market Share in 2020
Figure 7. Germany was the Largest Revenue Contributor in 2020
Figure 8. Europe – PEST Analysis
Figure 9. Data Center Colocation Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe Data Center Colocation Market: Impact Analysis of Drivers and Restraints
Figure 12. Europe Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Data Center Colocation Market, by Type (2020 & 2028)
Figure 14. Europe Retail: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Wholesale: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Data Center Colocation Market, by Enterprise Size (2020 & 2028)
Figure 17. Europe SMEs: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Large Enterprises: Data Center Colocation Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Data Center Colocation Market Revenue Share, by Industry (2020 and 2028)
Figure 20. Europe IT & Telecom: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe BFSI: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Healthcare: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Retail: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Others: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe: Data Center Colocation Market, By Key Country-Revenue 2020 (US$ Million)
Figure 26. Europe: Data Center Colocation Market Revenue Share, By Key Country (2020 and 2028)
Figure 27. Germany: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. France: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Italy: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. UK: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Russia: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Europe: Data Center Colocation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in Europe Country Markets
- AT&T Intellectual Property
- CyrusOne, Inc.
- Cyxtera Technologies, Inc.
- Digital Realty Trust LP
- Equinix Inc.
- Global Switch
- NTT Communications Corporation
- Telehouse
- Verizon Partner Solutions.
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- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Data Center Colocation market, as well as those hindering it
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