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Belgium Data Center Market Size

The Belgium Data Center Market is projected to experience modest growth in its capacity and colocation revenue over the forecast period. The market's expansion is driven by a shift towards Tier 3 and Tier 4 facilities, with Tier 4 data centers anticipated to capture a larger market share due to their superior fault-tolerant capabilities and reduced downtime. This trend is prompting businesses to transition from Tier 1 and Tier 2 facilities, which are expected to show slower growth. The increasing adoption of public clouds and the demand from large corporations for Tier 4 data centers are key factors influencing the market's dynamics.

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Market Size of belgium data center Industry

Belgium Data Center Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Volume (2024) 253.6 MW
svg icon Market Volume (2029) 263.3 MW
svg icon Largest Share by Tier Type Tier 3
svg icon CAGR (2024 - 2029) 0.76 %
svg icon Fastest Growing by Tier Type Tier 4
svg icon Market Concentration Low

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Belgium Data Center Market Analysis

The Belgium Data Center Market size is estimated at 253.6 MW in 2024, and is expected to reach 263.3 MW by 2029, growing at a CAGR of 0.76%. Further, the market is expected to generate colocation revenue of USD 451.1 Million in 2024 and is projected to reach USD 506.9 Million by 2029, growing at a CAGR of 2.36% during the forecast period (2024-2029).

USD 451.09 Million

Market Size in 2024

USD 507 Million

Market Size in 2029

5.0%

CAGR (2017-2023)

2.4%

CAGR (2024-2029)

IT Load Capacity

253.6 MW

Value, IT Load Capacity, 2024

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The IT load capacity of the Belgian data center market expected to reach 263.31 MW by 2029. The surge in Internet banking, rising online sales, and the digitalization of businesses create more need for IT load capacity in the future.

Total Raised Floor Space

Sq. Ft. 1.26 M

Volume, Raised Floor Space, 2024

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The country's total raised floor area is expected to reach 1.31 million sq. ft by 2029. The goals of Belgium's digital transformation program include the modernization of public services, and preparing for 5G drives the market demand.

Installed Racks

63,389

Volume, Installed Racks, 2024

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The country's total number of installed racks is expected to reach 65,827 units by 2029. Brussels will likely house the maximum number of racks by 2029.

# of DC Operators & DC Facilities

19 and 39

Volume, DC Facilities, 2024

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Belgium has 39 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.

Leading Market Player

27.2%

Market Share, KevlinX Belgium BVBA, 2023

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KevlinX Belgium BVBA has data center facilities in Belgium. These facilities have 320,100 sq. ft of net rentable capacity and an IT load capacity of 68 MW with average racks of about 16,000 units.

Tier 3 data center accounted for majority share in terms of volume in 2023, and is expected to dominate through out the forecasted period

  • The tier 3 data center segment is expected to reach a capacity of 226.62 MW in 2023, and it is projected to exhibit a CAGR of 0.35%, surpassing 231.39 MW by 2029. However, the tier 4 data center segment is predicted to record a CAGR of 5.77% to reach a capacity of 26.77 MW by 2029.
  • In the future, facilities in tiers 1 and 2 will gradually slow down and show marginal growth owing to lengthy and irregular outages. Tier 4 facilities are expected to witness a growth in market share from 8% in 2023 to 10.2% in 2029. As a result, businesses are expected to transition to Tier 3 and Tier 4 facilities for their requirements.
  • Tier 3 facilities are expected to witness the highest demand in 2023. Unlike tier 4 facilities, the primary investor developing the next data center facility is focusing mostly on tier 3. However, the market is anticipated to exhibit signs of potential growth over the projection period, which may lead to hyperscale colocation being adopted by important end users in cloud services and Industry 4.0.
  • For instance, Belgian businesses plan to increase their use of public clouds by 15.12% between 2023 and 2027. Large corporations favor Tier 4 data centers more due to their fault-tolerant capabilities, reduced downtime, and 99.99% uptime. In 2022, Antwerp DC owned six tier 4 data centers in the nation. More businesses are expected to invest in tier 4 data centers in the future.
Belgium Data Center Market

Belgium Data Center Industry Segmentation

Brussels are covered as segments by Hotspot. Large, Massive, Medium, Mega, Small are covered as segments by Data Center Size. Tier 1 and 2, Tier 3, Tier 4 are covered as segments by Tier Type. Non-Utilized, Utilized are covered as segments by Absorption.

  • The tier 3 data center segment is expected to reach a capacity of 226.62 MW in 2023, and it is projected to exhibit a CAGR of 0.35%, surpassing 231.39 MW by 2029. However, the tier 4 data center segment is predicted to record a CAGR of 5.77% to reach a capacity of 26.77 MW by 2029.
  • In the future, facilities in tiers 1 and 2 will gradually slow down and show marginal growth owing to lengthy and irregular outages. Tier 4 facilities are expected to witness a growth in market share from 8% in 2023 to 10.2% in 2029. As a result, businesses are expected to transition to Tier 3 and Tier 4 facilities for their requirements.
  • Tier 3 facilities are expected to witness the highest demand in 2023. Unlike tier 4 facilities, the primary investor developing the next data center facility is focusing mostly on tier 3. However, the market is anticipated to exhibit signs of potential growth over the projection period, which may lead to hyperscale colocation being adopted by important end users in cloud services and Industry 4.0.
  • For instance, Belgian businesses plan to increase their use of public clouds by 15.12% between 2023 and 2027. Large corporations favor Tier 4 data centers more due to their fault-tolerant capabilities, reduced downtime, and 99.99% uptime. In 2022, Antwerp DC owned six tier 4 data centers in the nation. More businesses are expected to invest in tier 4 data centers in the future.
Hotspot
Brussels
Rest of Belgium
Data Center Size
Large
Massive
Medium
Mega
Small
Tier Type
Tier 1 and 2
Tier 3
Tier 4
Absorption
Non-Utilized
Utilized
By Colocation Type
Hyperscale
Retail
Wholesale
By End User
BFSI
Cloud
E-Commerce
Government
Manufacturing
Media & Entertainment
Telecom
Other End User
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Belgium Data Center Market Size Summary

The Belgium data center market is experiencing a gradual expansion, driven by the increasing demand for digital infrastructure and the adoption of advanced technologies. The market is characterized by a shift towards higher-tier data centers, particularly Tier 3 and Tier 4 facilities, which offer enhanced reliability and performance. This transition is fueled by the growing need for fault-tolerant systems and reduced downtime, making Tier 4 data centers particularly attractive to large corporations. The rise in smartphone penetration and digital banking activities further amplifies the demand for data storage and processing capabilities, necessitating the expansion of data center facilities across the country. The market is also witnessing a shift towards hyperscale colocation, driven by the increasing adoption of cloud services and Industry 4.0 initiatives.

The infrastructure landscape in Belgium is supported by robust broadband connectivity, with significant investments in fiber optic networks enhancing data transmission speeds and capacity. This expansion is crucial for accommodating the rising data flow from smart devices and online activities. The market is fragmented, with key players like AtlasEdge Data Centres, EXA Infrastructure, Interxion, Network Research Belgium SA, and Proximus S.A. playing significant roles. Recent strategic investments and partnerships, such as TINC's acquisition of Datacenter United and HCL's collaboration with Proximus, highlight the dynamic nature of the market. These developments underscore the importance of strong digital infrastructure in supporting the country's growing data center market, which is poised for continued growth in the coming years.

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Belgium Data Center Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (INCLUDES MARKET SIZE IN VOLUME, FORECASTS UP TO 2029 AND ANALYSIS OF GROWTH PROSPECTS)

    1. 1.1 Hotspot

      1. 1.1.1 Brussels

      2. 1.1.2 Rest of Belgium

    2. 1.2 Data Center Size

      1. 1.2.1 Large

      2. 1.2.2 Massive

      3. 1.2.3 Medium

      4. 1.2.4 Mega

      5. 1.2.5 Small

    3. 1.3 Tier Type

      1. 1.3.1 Tier 1 and 2

      2. 1.3.2 Tier 3

      3. 1.3.3 Tier 4

    4. 1.4 Absorption

      1. 1.4.1 Non-Utilized

      2. 1.4.2 Utilized

        1. 1.4.2.1 By Colocation Type

          1. 1.4.2.1.1 Hyperscale

          2. 1.4.2.1.2 Retail

          3. 1.4.2.1.3 Wholesale

        2. 1.4.2.2 By End User

          1. 1.4.2.2.1 BFSI

          2. 1.4.2.2.2 Cloud

          3. 1.4.2.2.3 E-Commerce

          4. 1.4.2.2.4 Government

          5. 1.4.2.2.5 Manufacturing

          6. 1.4.2.2.6 Media & Entertainment

          7. 1.4.2.2.7 Telecom

          8. 1.4.2.2.8 Other End User

Belgium Data Center Market Size FAQs

The Belgium Data Center Market is projected to register a CAGR of 0.76% during the forecast period (2024-2029).

AtlasEdge Data Centres, EXA Infrastructure, Interxion (Digital Reality Trust, Inc.), Network Research Belgium SA and Proximus S.A. are the major companies operating in the Belgium Data Center Market.

Belgium Data Center Market Report Snapshots

Belgium Data Center Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029