Data Centre Europe - Outlook and Forecast - 2022 to 2026

This is a comprehensive update of its Data Centre Landscape service, covering seventeen (17) European countries, some 670 Data Centre providers and over 1,400 Data Centre Facilities.

The 2022 Data Centre European Report provides forecasts for third-party Data Centre Space, third-party Data Centre Power, Data Centre Revenues and Public Cloud to the beginning of 2026 as well as profiles of the key Data Centre Providers in each of the seventeen markets.

From the new Data Centre Landscape research, the analyst has highlighted the following trends:

The continued growth in the key five FLAP+D country markets (Germany, UK, Netherlands, France and Ireland) - which account for 57 percent of Data Centre space - (consisting of over 2.3 million m2 of Data Centre space out of a total of 3.9 million m2 of space across the seventeen countries). 

Selected Countries stand out as hot spots for future investments - Besides the core markets of the UK, Germany, the Netherlands and France, some countries are seeing extensive new investments, for example, Ireland, Poland, and Switzerland. The European Data Centre market is undergoing a boom in new facility build-outs, with over seventy projects underway in twelve countries from 2021 onwards, totaling 851,000 m2, increasing from under 10 percent in Sweden up to over 100 percent in Ireland.

Size of Data Centre - The research reveals that the size of the largest data centres in each of the 17 surveyed European countries varies significantly from 4,000 m2 (Czech Republic) up to 65,000 m2 (UK and Germany).

European Data Centre Revenues are forecast to be Euro €11,122 million - across the 17 countries as of the beginning of 2022 - increasing to Euro €17,469 million by the beginning of 2026 - an increase of 57 percent over the period.

European Public Cloud Revenues are forecast to be Euro €71,611 million - across the 17 countries as of the beginning of 2022 - increasing to Euro €103,107 million by the end of 2026 - an increase of 44 percent over the period. 

Each of the Data Centre markets is continuing to grow despite the increase in Public Cloud services suggesting that the services are broadly complementary. The Data Centre Providers report that cloud services are becoming a key customer segment, accounting for up to thirty percent of their revenues. Increasingly European enterprises are pursuing a hybrid cloud strategy and are interconnecting via a Data Centre to enable a mix of cloud and colocation services - providing an uplift in revenues to both the Cloud and the Data Centre Provider.

The Data Centre Landscape highlights the new investment that is being made in Europe, in particular by US Data Centre entrants including CyrusOne, ServerChoice, Iron Mountain, QTS and Vantage Data Centers. These new entrants are introducing new campus Data Centres with Vantage Data Centers developing campus facilities in Berlin, Frankfurt, Milan, Warsaw and Zurich.