EMEA Micro Data Center Market is expected to reach US$ 3.15 Billion by 2031

Emergence of 5G Fuels EMEA Micro Data Center Market Growth

According to our latest study, "EMEA Micro Data Center Market Size and Forecast (2021–2031), Regional Share, Trend, and Growth Opportunity Analysis – by Rack Type, Organization Size, Application, and Geography," the market was valued at US$ 1.14 billion in 2023 and is expected to reach US$ 3.15 billion by 2031; it is estimated to record a CAGR of 13.5% from 2023 to 2031. The report includes growth prospects owing to the current EMEA micro data center market trends and their foreseeable impact during the forecast period.

The 5G network is ∼100 times faster than the 4G network, making real-time data acquisition easier. As the 5G network provides strong connectivity and high-speed data transfer, its demand is increasing in EMEA. According to the Groupe Speciale Mobile Association (GSMA), 5G penetration will continue to grow in Europe from 11% in 2022 to 87% by 2030. As per the same source, France will witness an increase in 5G penetration from 8% in 2022 to 90% in 2030, and Germany will experience an increase from 17% in 2022 to 94% in 2030. Similarly, according to the GSMA, Middle East and North Africa (MENA) will witness an increase in 5G penetration from 3% in 2022 to 50% in 2030, where GCC Arab states will witness high growth in the region from 16% in 2022 to 95% in 2030. As 5G is the critical new-generation network technology that can enable innovation and support digital transformation, its demand is increasing in both regions. Governments of various countries are investing in 5G infrastructure. For instance, in July 2021, the government of France announced its plan to invest ~US$ 2.06 billion (EUR 1.7 billion) in its 5G market by 2025 via public and private investments. Through this, the government aims to accelerate the deployment of 5G in the country. Similarly, in May 2024, Saudi telco Zain KSA announced its plan to invest US$ 427 million (SAR 1.6 billion) to expand its 5G network and digital services in Saudi Arabia. The operator also announced that it will expand its current 5G network coverage to 122 cities across the country. As micro data centers support the infrastructural requirements of 5G telecommunications networks, their demand is increasing in EMEA. Micro data centers are positioned at network aggregation points to fully utilize 5G networks. They provide flexible, scalable, and affordable hosting for virtual network functions (VNFs) and support low-latency, high-bandwidth applications through localized data processing. Thus, the growing 5G infrastructural deployment will boost the EMEA micro data center market growth.

EMEA Micro Data Center Market Analysis — by Geography

Source: The Insight Partners Analysis

Eaton Corp Plc, Cannon Technologies Ltd, SCHÄFER Ausstattungssysteme GmbH, Rittal GmbH & Co KG, Delta Electronics Inc, Datwyler IT Infra GmbH, Schneider Electric SE, Intellinet Network Solutions, Panduit, Legrand SA, and Vertiv Group Corp are among the key players profiled in the EMEA micro data center market report. Several other major players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.

The report includes the EMEA micro data center market forecast by rack type, organization size, and end user. Based on rack type, the market is divided into single rack and multi rack. In terms of revenue, the single rack segment held a larger EMEA micro data center market share and is expected to record a higher CAGR during the forecast period.

The scope of the EMEA micro data center market report focuses on Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa).

The Europe micro data center market is segmented into is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In terms of revenue, Germany held the largest EMEA micro data center market share. Europe is witnessing rising digitization in various industries, including BFSI. Nearly every notable banking institution in Europe has a digital transformation strategy in place. Offering digital services and goods around the clock and enhancing the customer experience are the main goals of most banking digitalization plans. This is boosting the need for data processing and storage solutions in the bank. As banks are present in various areas, including remote locations, the need for micro data centers is rising in the region, which is one of the major factors fueling the growth of the market.

Contact Us
 
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com