Market Size of Europe Data Center Rack Industry
Study Period | 2024 - 2030 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2030 |
CAGR (2024 - 2030) | 8.80 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Data Center Rack Market Analysis
The Europe Data Center Rack Market is expected to register a CAGR of 8.80% during the forecast period.
The Europe Data Center Rack Market value of USD 2.6 million in previous year and it is further projected to grow and register a CAGR of 8.8%.
Under Construction IT Load Capacity: The upcoming IT load capacity of the Europe data center construction market is expected to reach 1,7922.59 MW by 2029.
Under Construction Raised Floor Space: The Region's construction of raised floor area is expected to increase by 8.7 million sq. ft by 2029.
Planned Racks: The region's total number of racks to be installed is expected to reach over 4.4 million units by 2029. Denmark will likely house the maximum number of racks by 2029.
Planned Submarine Cables: There are close to 211 submarine cable systems connecting Europe, and many are under construction. One such submarine cable, estimated to be built by the end of 2026, is Leif Erikson, which stretches over 4200 Kilometers with landing points in Kristiansand, Norway.
Europe Data Center Rack Industry Segmentation
A data center rack is a physical enclosure made up of usually steel housing electronic framework. It is designed to house servers, networking and communication devices, cables, and other data center computing peripherals.
The European data center rack market is segmented by Rack Size (Quarter Rack, Half Rack, and Full Rack), End-user Industry (BFSI, IT and Telecom, Government, Media and Entertainment), and Country. The market sizes and forecasts are provided in terms of volume (units) for all the above segments.
By Rack Size | |
Quarter Rack | |
Half Rack | |
Full Rack |
By End User | |
IT & Telecommunication | |
BFSI | |
Government | |
Media & Entertainment | |
Other End Users |
By Country | |
Germany | |
France | |
United Kingdom | |
Netherlands | |
Ireland | |
Switzerland | |
Denmark | |
Sweden | |
Italy | |
Poland | |
Norway | |
Austria | |
Spain |
Europe Data Center Rack Market Size Summary
The European Data Center Rack Market is poised for substantial growth, driven by the increasing demand for cloud services, telecom advancements, and digital media consumption. Key industries such as cloud, media and entertainment, telecom, and government are expected to be significant contributors to this expansion. Countries like Denmark, Sweden, the United Kingdom, and Germany are at the forefront, with Denmark showing a particularly strong demand for cloud-based data protection and backup solutions. The market is also witnessing a surge in telecom investments, with initiatives like the expansion of 5G networks further fueling the need for data center infrastructure. The FLAP-D metro markets, including Frankfurt, London, Amsterdam, Paris, and Dublin, remain central to the data center landscape, although rising land costs in these areas are prompting investments to shift towards cities with more affordable real estate, such as Amsterdam.
The market is characterized by a consolidation of major players, including Rittal GMBH & Co.KG, Schneider Electric SE, Legrand SA, Dell Inc., and Hewlett Packard Enterprise, who are actively expanding their presence in the region. The development of new data center facilities, such as those by Data4 in Germany and CyrusOne in Frankfurt, highlights the ongoing investment in infrastructure to meet the growing demand. Additionally, the focus on renewable energy sources like solar, wind, and hydroelectric power is becoming increasingly important, particularly in the FLAP-D markets. Emerging regions such as Italy, Poland, Belgium, and Sweden are also expected to experience growth, with Sweden benefiting from its strategic subsea cable connectivity and innovative district heating concepts for data centers.
Europe Data Center Rack Market Size - Table of Contents
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1. Market Dynamics
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Bargaining Power of Buyers/Consumers
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1.5.2 Bargaining Power of Suppliers
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1.5.3 Threat of New Entrants
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of COVID-19 Impact
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2. MARKET SEGMENTATION
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2.1 By Rack Size
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2.1.1 Quarter Rack
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2.1.2 Half Rack
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2.1.3 Full Rack
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2.2 By End User
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2.2.1 IT & Telecommunication
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2.2.2 BFSI
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2.2.3 Government
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2.2.4 Media & Entertainment
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2.2.5 Other End Users
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2.3 By Country
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2.3.1 Germany
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2.3.2 France
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2.3.3 United Kingdom
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2.3.4 Netherlands
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2.3.5 Ireland
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2.3.6 Switzerland
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2.3.7 Denmark
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2.3.8 Sweden
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2.3.9 Italy
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2.3.10 Poland
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2.3.11 Norway
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2.3.12 Austria
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2.3.13 Spain
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Europe Data Center Rack Market Size FAQs
What is the current Europe Data Center Rack Market size?
The Europe Data Center Rack Market is projected to register a CAGR of 8.80% during the forecast period (2024-2030)
Who are the key players in Europe Data Center Rack Market?
Rittal GMBH & Co.KG, Schneider Electric SE, Legrand SA, Dell Inc. and Hewlett Packard Enterprise are the major companies operating in the Europe Data Center Rack Market.