The European data center colocation market is rapidly expanding, valued at $56.72 billion in 2024 and projected to reach $226.76 billion by 2034 with a CAGR of 13.68%. This growth is driven by rising cloud adoption, the need for scalable IT infrastructure, and stringent data protection laws like GDPR. As businesses transition to hybrid IT models, colocation services offer secure, cost-effective solutions that eliminate the need for costly on-premise infrastructure. The market also benefits from trends in edge computing, sustainability, and green energy adoption. Key markets include Frankfurt, Amsterdam, Paris, and London, with expansion in Southern and Eastern Europe.
The European data center colocation market is rapidly expanding, valued at $56.72 billion in 2024 and projected to reach $226.76 billion by 2034 with a CAGR of 13.68%. This growth is driven by rising cloud adoption, the need for scalable IT infrastructure, and stringent data protection laws like GDPR. As businesses transition to hybrid IT models, colocation services offer secure, cost-effective solutions that eliminate the need for costly on-premise infrastructure. The market also benefits from trends in edge computing, sustainability, and green energy adoption. Key markets include Frankfurt, Amsterdam, Paris, and London, with expansion in Southern and Eastern Europe.
