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Austria Data Center Storage Market Size (2024 - 2029)

The Austria Data Center Storage Market is projected to experience growth driven by the increasing demand for cloud computing, government regulations for local data security, and rising investments by domestic players. This growth is indicative of the expanding IT landscape and technological initiatives within the country. Key factors such as digital transformation, e-commerce, renewable energy, and smart city initiatives are expected to further propel the market's expansion during the forecast period.

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Market Size of Austria Data Center Storage Industry

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Austria Data Center Storage Market Summary
Study Period 2018 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 0.17 Billion
Market Size (2029) USD 0.23 Billion
CAGR (2024 - 2029) 5.21 %
Market Concentration Medium

Major Players

Austria Data Center Storage Market Major Players

*Disclaimer: Major Players sorted in no particular order
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Austria Data Center Storage Market Analysis

The Austria Data Center Storage Market size is estimated at USD 0.17 billion in 2024, and is expected to reach USD 0.23 billion by 2029, growing at a CAGR of 5.21% during the forecast period (2024-2029).

  • The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
  • Under Construction IT Load Capacity: The upcoming IT load capacity of the Austria data center market is expected to reach 200 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 0.5 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach 31,000 units by 2029. Vienna will likely house the maximum number of racks by 2029.
  • An increasing need for data storage has resulted in an upsurge in the number of data centers nationwide. Several factors contribute to the demand for data centers and their growth within Austria, which is reflected by the country's evolving IT landscape, business activities, and technological initiatives.
  • The key drivers that propel the development of data centers in the nation include digital transformation, cloud computing adoption, e-commerce & digital services, renewable energy & sustainability, and smart cities & IoT initiatives. Hence, such factors are expected to drive market growth during the forecast period.

Austria Data Center Storage Industry Segmentation

Data center storage encompasses devices, hardware, networking equipment, and software technologies facilitating the storage of data and applications within data center facilities, used for storing, managing, retrieving, distributing, and backing up digital information within such facilities. 

The Austria data center storage market is segmented by storage technology (network attached storage (NAS), storage area network (SAN), direct attached storage (DAS), and other technologies), by storage type (traditional storage, all-flash storage, and hybrid storage), and by end-user (IT & telecommunication, BFSI, government, media & entertainment, and other end-users). 

Market sizes and forecasts are provided in terms of value (USD) for all the segments above.

Storage Technology
Network Attached Storage (NAS)
Storage Area Network (SAN)
Direct Attached Storage (DAS)
Other Technologies
Storage Type
Traditional Storage
All-Flash Storage
Hybrid Storage
End-User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-Users
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Austria Data Center Storage Market Size Summary

The Austria Data Center Storage Market is poised for significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from local players. The market is experiencing a surge in data center construction, fueled by the country's digital transformation initiatives, the adoption of cloud computing, and the rise of e-commerce and digital services. The emphasis on renewable energy, sustainability, and smart city developments further propels the market's expansion. As businesses continue to embrace digitalization, the need for robust data storage solutions becomes paramount, leading to a rise in the number of data centers across Austria. This evolving landscape is supported by advancements in telecommunications, such as the rollout of 5G and high-speed internet connections, which enhance data connectivity and necessitate increased storage capacity.

The market is moderately consolidated, with key players like Dell Inc., Hewlett Packard Enterprise, NetApp Inc., Huawei Technologies Co. Ltd., and Hitachi Vantara LLC actively expanding their presence. These companies are focusing on innovative storage solutions, such as hybrid storage systems, which offer flexibility and resilience by combining on-premises and cloud storage. The importance of data protection and compliance with regulations like the General Data Protection Regulation is driving the adoption of these solutions. Recent collaborations and product launches, such as Hitachi Vantara's partnership with Microsoft and Huawei's F2F2X architecture, highlight the industry's commitment to enhancing data infrastructure and addressing emerging challenges. As the demand for data centers continues to rise, the Austria Data Center Storage Market is expected to witness substantial growth, supported by technological advancements and strategic partnerships.

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Austria Data Center Storage Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Demand of Clolud Computing Capabilities Drives the Market Growth

      2. 1.2.2 Increase in the Demand for Energy-Efficient and Cost-Effective Data Centers Drives the Market Growth

    3. 1.3 Market Restraints

      1. 1.3.1 Skilled Workforce Availability and Security Concerns

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 Storage Technology

      1. 2.1.1 Network Attached Storage (NAS)

      2. 2.1.2 Storage Area Network (SAN)

      3. 2.1.3 Direct Attached Storage (DAS)

      4. 2.1.4 Other Technologies

    2. 2.2 Storage Type

      1. 2.2.1 Traditional Storage

      2. 2.2.2 All-Flash Storage

      3. 2.2.3 Hybrid Storage

    3. 2.3 End-User

      1. 2.3.1 IT & Telecommunication

      2. 2.3.2 BFSI

      3. 2.3.3 Government

      4. 2.3.4 Media & Entertainment

      5. 2.3.5 Other End-Users

Austria Data Center Storage Market Size FAQs

The Austria Data Center Storage Market size is expected to reach USD 0.17 billion in 2024 and grow at a CAGR of 5.21% to reach USD 0.23 billion by 2029.

In 2024, the Austria Data Center Storage Market size is expected to reach USD 0.17 billion.

Austria Data Center Storage Market Report Snapshots

Austria Data Center Storage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)