Top MNC invests in the data center markets in Spain, Sweden and Ireland
CHICAGO, September 28, 2021 / PRNewswire / – In the last 5–7 years, the market has grown significantly, with increased development of upscale data centers. The outbreak of the COVID-19 pandemic has been a strong driver of digital transformation initiatives in private and public companies in data centers. The trend of greenfield development is increasing in all regions, which is expected to fuel growth in the global data center market. Datacenter’s knowledge base portfolio consists of a wide range of datacenter’s market research reports. The reports cover overall insights on several growth factors, new technology, trends and competitive landscapes to develop your business. Arizton also comes with more customized and insightful reports related to data center industry.
Here is a taste of the trendiest reports:
1. Spain’s data center market – investment analysis and growth opportunities 2021-2026
Spain data center market size will witness investment of $ 1.97 billion 2026, grows with a CAGR of 5.85% during 2021-2026. Arizton has identified approximately 42 unique data center facilities in Spain and 4 facilities will come in the future.
There are about 35 collection facilities Spain, med Madrid market leader and accounts for over 20 data centers, followed by Barcelona with 7 facilities. IN SpainWith an increase in the adoption of cloud-based services, the company’s digitization operations, which include migration to a local facility, are likely to drive the market for co-location services in 2021–2026.
Important highlights:
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In 2020, with over 85% of people’s participation, WhatsApp was the most used social media in Spain, followed by Facebook, YouTube, TikTok and Instagram.
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Rapid investments and implementation of 5G technology have led to the growth of Internet users and thus increased demand for data centers Spain.
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Sherpa Red points, Source {d}, vLex, Artificial Solutions, Inbenta are some prominent AI companies within Spain.
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Most data center facilities in Spain adopt medium- to low-voltage switchgear for power distribution over data centers.
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About 10 data center facilities in Spain are certified as Tier IV by the Uptime Institute.
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2. Sweden Data Center Market – Investment analysis and growth opportunities 2021-2026
Sweden data center market size to reach $ 3.77 billion in 2026 and grew with a CAGR of 7.82% during the forecast period. Arizton has identified approximately 31 unique data center facilities in Sweden and 1 facility will come in the future.
Sweden expects to add approximately 5 million square meters of data center space during 2021–2026. Most underdeveloped data center facilities for transmission extend over 10,000 square meters of the lettable space. The Swedish data center market expects to witness investments from cloud service providers such as Microsoft and Google as well as providers of co-location services during the forecast period.
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Sweden hosts major cloud providers such as Amazon Web Services and Microsoft. Increase in data volumes in Sweden witnessed companies adopting cloud-based services.
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Microsoft has invested around $ 1.25 million in Sweden in collaboration with 13 organizations to promote the STEM program with a focus on educating young people in Sweden.
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Increased investments in data centers and implementation of GDPR have driven growth in the server market in Sweden in the last two years.
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Tax incentives from the Swedish government also have a major effect on the market, with several local and global data center providers investing in Sweden.
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3. Ireland’s data center market – investment analysis and growth opportunities 2021-2026
Ireland data center market will witness investments of $ 3.84 billion in 2026, grows with a CARG of 5.47% during the period 2021-2026. Arizton has identified approximately 24 unique data center facilities in Sweden and 12 facilities will come in the future.
Core & shell development services in Ireland will likely witness a cumulative investment of over $ 7 billion during 2021–2026. Equinix, Digital Realty, Keppel Data Centers and EdgeConneX are the largest providers of co-location services in Ireland. IN Ireland, the contribution from renewable energy sources amounted to over 40% by 2020 and expects to reach 70% by 2030 over data center facilities.
Important highlights:
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AWS and Facebook have announced to offer over 1000 new designs across data centers in Ireland in the next few years.
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In 2020, TikTok announced its plans to build one $ 500 million data center facility in Ireland, which is expected to be operational in 2022.
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Echelon Data Centers, a new market player in Ireland market, expands its wholesale locations through its Clondalkin Data Center. The company is also involved in the development of Arklow Data Center phase I in Dublin.
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Free cooling system dominates the data center market in Ireland.
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SOURCE Arizton Advisory & Intelligence