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Europe Data Center Colocation Markets, 2021-2026 – Rising Adoption of Renewable Energy by Colocation Providers & Increase in M&As to Grow Colocation Market
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Research and Markets: Europe Data Center Colocation Market Outlook & Forecast Report 2021-2026
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CHICAGO, June 15, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this Europe data center colocation market report.
The Europe data center colocation market is expected to grow at a CAGR of over 5.61% during the period 2020−2026.
Key Highlights Offered in the Report:
In 2020, the total number of colocation projects opened and under construction in Europe stood at over 100, with Western Europe contributing to around 70% of the projects.
The availability of tax incentives in many European countries is one of the main factors fueling the growth of data centers, with most tax incentives based on economic development. Incentives focused on effective data center operations and renewable energy procurement will increase in the coming years.