Belgium Data Center Construction Market Size (2024 - 2029)

The Belgium Data Center Construction Market is projected to experience significant growth over the forecast period, with its market size expanding considerably. This growth is driven by the increasing demand for IT load capacity and raised floor space, as well as the planned installation of a substantial number of racks. Brussels is anticipated to be a central hub for these developments, reflecting the city's status as a major hotspot for data center facilities. The rising adoption of cloud services by businesses in Belgium further contributes to the expansion of the data center market.

Market Size of Belgium Data Center Construction Industry

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Belgium Data Center Construction Market Summary
Study Period 2024 - 2030
Base Year For Estimation 2023
Market Size (2024) USD 198.5 Million
Market Size (2030) USD 328.40 Million
CAGR (2024 - 2030) 10.62 %
Market Concentration Medium

Major Players

Belgium Data Center Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Belgium Data Center Construction Market Analysis

The Belgium Data Center Construction Market size is estimated at USD 198.5 million in 2024, and is expected to reach USD 328.40 million by 2030, growing at a CAGR of 10.62% during the forecast period (2024-2030).

Under Construction IT Load Capacity: The upcoming IT load capacity of the Belgium data center construction market is expected to reach 263.3 MW in six years.

Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase by 1.31 million sq. ft in six years.

Planned Racks: The country's total number of racks to be installed is expected to reach 65,827 units in six years. Brussels will likely house the maximum number of racks in six years.

DC Facilities: Belgium has 32 colocation data centers, with Brussels as the major hotspot. The growing adoption of the cloud by most businesses is one of the factors boosting the number of data centers in the country.

Belgium Data Center Construction Industry Segmentation

A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with those applications and services. Under data center construction, we track the capital expenditure incurred while building the existing DC facilities and estimate the future capex based on upcoming DC facilities.

Belgium Data center construction market is segmented by infrastructure (electrical infrastructure (UPS systems, other electrical infrastructure), mechanical infrastructure (cooling systems, racks, other mechanical infrastructure), and other infrastructure), by end-user (banking, financial services, and insurance, IT and telecommunications, government, healthcare, and other end users).

The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Infrastructure
Electrical Infrastructure
UPS Systems
Other Electrical Infrastructures
Mechanical Infrastructure
Cooling Systems
Racks
Other Mechanical Infrastructures
Other Infrastructures
By End User
IT & Telecommunication
BFSI
Government
Healthcare
Other End Users
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Belgium Data Center Construction Market Size Summary

The Belgium data center construction market is poised for significant growth, driven by increasing demand for digital infrastructure and cloud services. The market is characterized by a robust expansion in IT load capacity, raised floor space, and the number of racks, with Brussels emerging as a central hub due to its economic and cultural significance. The Belgian government's initiatives, such as the Digital AmBEtion program, alongside substantial investments from tech giants like Microsoft, are fostering a conducive environment for digital transformation. This has led to a surge in data center developments, particularly in Brussels, which hosts a majority of the country's data centers. The strategic investments in telecom infrastructure by state-owned operator Proximus further bolster the ICT industry's growth, enhancing internet connectivity across regions.

The market's growth trajectory is supported by the increasing adoption of cloud services, with the cloud, BFSI, and government sectors expected to dominate market shares. The demand for data centers is further fueled by the rising consumption of data for computation and storage, necessitating additional racks and infrastructure. Brussels, as a major financial center, continues to attract significant investments from companies like Kevlinx and Interxion, contributing to its status as a leading data center location in Europe. Meanwhile, other regions in Belgium, such as Wallonia, are witnessing expansions in data center capacities, with operators like LCL Data Centers diversifying their services. The market's consolidation is evident with strategic acquisitions and investments, enhancing the overall ecosystem of data center operations in Belgium.

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Belgium Data Center Construction Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

  2. 2. MARKET DYNAMICS

  3. 3. MARKET SEGMENTATION

    1. 3.1 By Infrastructure

      1. 3.1.1 Electrical Infrastructure

        1. 3.1.1.1 UPS Systems

        2. 3.1.1.2 Other Electrical Infrastructures

      2. 3.1.2 Mechanical Infrastructure

        1. 3.1.2.1 Cooling Systems

        2. 3.1.2.2 Racks

        3. 3.1.2.3 Other Mechanical Infrastructures

      3. 3.1.3 Other Infrastructures

    2. 3.2 By End User

      1. 3.2.1 IT & Telecommunication

      2. 3.2.2 BFSI

      3. 3.2.3 Government

      4. 3.2.4 Healthcare

      5. 3.2.5 Other End Users

Belgium Data Center Construction Market Size FAQs

The Belgium Data Center Construction Market size is expected to reach USD 198.5 million in 2024 and grow at a CAGR of 10.62% to reach USD 328.40 million by 2030.

In 2024, the Belgium Data Center Construction Market size is expected to reach USD 198.5 million.

Belgium Data Center Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024-2030)