PUBLISHER: KBV Research | PRODUCT CODE: 1548785
PUBLISHER: KBV Research | PRODUCT CODE: 1548785
The Europe Offsite Data Center Power Infrastructure Market would witness market growth of 16.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Offsite Data Center Power Infrastructure Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,221.3 million by 2031. The UK market is exhibiting a CAGR of 15.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 17.9% during (2024 - 2031).
Several key factors drive the demand for robust offsite data center power infrastructure, each contributing to the market's rapid growth and evolution. One of the primary drivers is the shift toward cloud computing and the rise of data-heavy applications such as artificial intelligence (AI), big data analytics, and the Internet of Things (IoT). These technologies require substantial computational power, which, in turn, necessitates data centers with advanced power solutions capable of handling high-density computing environments. The rise of edge computing further underscores the importance of resilient power infrastructure in data centers.
The increasing reliance on real-time analytics and AI is also a significant driver of demand for advanced power infrastructure in data centers. These applications require continuous, high-performance computing, which places immense pressure on power systems to deliver stable and reliable electricity. Even a brief power disruption can result in significant operational setbacks, data loss, or degraded performance in AI models. As a result, data centers that support AI and real-time analytics are investing heavily in power redundancy, backup systems, and energy management technologies to ensure uninterrupted operations. This growing need for high-performance computing is propelling this market as businesses seek out power solutions that can handle the intensive energy demands of these technologies.
The Netherlands is witnessing significant growth in this market, primarily driven by the country's digital transformation efforts. As Dutch businesses and government agencies embrace digitalization, including AI, cloud services, and big data, the demand for robust data center power infrastructure has surged. According to the Digital Economy and Society Index (DESI), the Netherlands was one of the top digital economies in Europe in 2022. Dutch companies have also increasingly been using digital technologies in recent years. Dutch companies, for instance, exhibit a significantly higher proportion of companies utilizing the cloud than the European average, at 60%, as opposed to the EU average of 34%. This will further propel the demand for data centers in the nation. Hence, the region will present lucrative growth opportunities for market expansion throughout the forecast period.
Based on Offering, the market is segmented into Solutions, and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Retail, Media & Entertainment, Manufacturing, Healthcare, Government & Defense, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Offsite Data Center Power Infrastructure Market Report Segmentation
By Offering
By Vertical
By Country