Belgium Data Center Cooling Market Trends

Statistics for the 2023 & 2024 Belgium Data Center Cooling market trends, created by Mordor Intelligence™ Industry Reports. Belgium Data Center Cooling trend report includes a market forecast to 2030 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Belgium Data Center Cooling Industry

BFSI to Hold Significant Share

  • In a bid to bolster its economy, the Belgian government is actively courting digital investments. Collaborating with Microsoft, Belgium is pushing forward its Digital AmBEtion initiative to digitalize both public and private sectors. As part of this commitment, Microsoft has pledged over USD 1.1 billion to set up a new cloud region in Belgium, a move poised to enhance services for providers and invigorate the nation's GDP.
  • Proximus, a state-owned operator, has established a robust DSL telecom infrastructure complemented by an extensive co-axial cable network, particularly in Flanders. This initiative aims to bolster Belgium's ICT industry and enhance internet connectivity. Notably, approximately 78% of Belgian consumers subscribe to broadband plans offering 30 Mbps or higher speeds.
  • Belgium boasts a robust network infrastructure. Due to a competitive fixed network market, over 99% of households can access a co-axial or copper pair network. More than 70% of the population can download files at speeds of up to 20 Mbit/s, and the country's optical fiber network continues to expand. In mobile communications, Belgium's 3G network covers 90% of the country, over 50% have access to the 4G network, and the 5G network is rapidly gaining traction. Rising internet usage and smartphone penetration are driving the expansion of the data center market, subsequently increasing the demand for cooling systems in these centers.
Belgium Data Center Cooling Market: Share of Individuals Who Used Online Banking, in %, Belgium, 2019-2022

Liquid Cooling to Hold Significant Growth

  • As data centers evolve, efficient cooling solutions become paramount to ensure optimal performance and manage the rising heat loads from contemporary IT equipment. Liquid cooling systems have emerged as a leading technology in this domain.
  • Liquid cooling efficiently achieves low temperatures while minimizing energy and water consumption, making it both thermally efficient and cost-effective. Hyperscale facilities increasingly adopt this method. For instance, the under-construction BRU4 facility of Interxion, which boasts a high rack density, is anticipated to implement this cooling approach.
  • In Belgium, almost 50% of companies have adopted cloud services, and 23% are leveraging big data analytics. As the demand for high-density computing applications grows, there's a potential shift from traditional cooling methods to liquid cooling units. The Belgian government is also making substantial investments to bolster its IT infrastructure. In the Flanders region, incentives are being offered for research-intensive fields like ICT and cloud computing. These developments are poised to boost the demand for data storage and processing facilities, increasing the need for cooling solutions.
Belgium Data Center Cooling Market: Data Traffic Per Smartphone, Belgium, GB, 2021-2024

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