The trend of procuring renewable energy to power data center facilities will likely continue, with several operators signing power purchase agreements with renewable energy companies.ĥG Deployments Fuelling Data Center Investments The government's interest in promoting data center investments through the land for development and renewable energy procurement, and reducing electricity tariffs, will drive the colocation market in Europe during the forecast period.This has increased the revenue of modular data center solutions providers such as Vertiv, Dell, and HPE. Labor shortages, budget constraints, and construction delays in certain regions drive significant greenfield and modular data center development growth.
Operators are opting for these contractors to enhance their green credentials. The growth in data center development has led to increased competition among data center contractors implementing new sustainable methods.Germany leads the Europe data center construction market with an overall investment of more than USD 1.8 billion in 2022 and a cumulative growth of more than USD 12 billion expected during the forecast period.The presence of FLAP cities such as Frankfurt and Paris has attracted significant regional data center investments. Western Europe led the way with a cumulative growth of over USD 57 billion during the forecast period. The UK, Germany, and France are among the top contributors to the Europe data center construction market in terms of investment, area, and power capacity.Additionally, there is increasing demand for wholesale colocation services from cloud providers, enterprises, IoT, and big data organizations. There is a high demand for retail colocation services in developing countries, driven by organizations with limited budgets and demanding geographical distribution capacities.
0 kommentar(er)
