Market Size of France Data Center Storage Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.33 Billion |
Market Size (2029) | USD 1.40 Billion |
CAGR (2024 - 2029) | 1.04 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Data Center Storage Market Analysis
The France Data Center Storage Market size is estimated at USD 1.33 billion in 2024, and is expected to reach USD 1.40 billion by 2029, growing at a CAGR of 1.04% 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, leading to a growing need for data center storage equipment.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the French data center market is expected to reach 1,300 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 6.3 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 316,000 units by 2029. Paris (Ile-De-France) is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are close to 28 submarine cable systems connecting France, and many are under construction. In April 2023, French telecom operator Orange announced the construction of a submarine cable linking the city of Bizerte in Tunisia with the city of Marseille in France. Commissioning is scheduled for the end of 2025.
France 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 France 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 |
France Data Center Storage Market Size Summary
The France data center storage market is experiencing a steady expansion, driven by the increasing demand for cloud computing, stringent government regulations on data security, and significant investments from domestic players. The market is witnessing a surge in the construction of data centers, with substantial growth in IT load capacity, raised floor space, and the number of racks, particularly in the Paris region. The proliferation of digital services, fueled by the rapid adoption of smartphones and 5G networks, is generating vast amounts of data, necessitating enhanced storage solutions. This demand is further amplified by the rise in over-the-top subscriptions and mobile gaming, which require robust data processing and storage capabilities. As businesses transition to hybrid storage solutions, combining on-premises and cloud storage, the market is poised for continued growth, supported by government funding and the adoption of emerging technologies like artificial intelligence and blockchain.
Key players in the France data center storage market, such as Dell Inc., Hewlett Packard Enterprise, NetApp Inc., and Huawei Technologies Co. Ltd., are actively expanding their offerings to meet the evolving needs of customers. These companies are leveraging strategic collaborations and innovative solutions, such as HPE GreenLake and NetApp's AFF C-Series, to enhance their market presence and profitability. The introduction of advanced storage systems and architectures, like Huawei's F2F2X, underscores the dynamic nature of the market. As the demand for hyperscale facilities grows, driven by major internet providers, the market is expected to witness further advancements in storage technology, contributing to its overall value and significance in the region's economic landscape.
France Data Center Storage 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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1.2.1 Expansion of IT Infrastructure to Increase Market Growth
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1.2.2 Increased Investments in Hyperscale Data Centers To Increase Market Growth
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1.3 Market Restraints
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1.3.1 High Initial Investment Cost To Hinder Market Growth
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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 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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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 Storage Technology
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2.1.1 Network Attached Storage (NAS)
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2.1.2 Storage Area Network (SAN)
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2.1.3 Direct Attached Storage (DAS)
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2.1.4 Other Technologies
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2.2 Storage Type
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2.2.1 Traditional Storage
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2.2.2 All-Flash Storage
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2.2.3 Hybrid Storage
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2.3 End-User
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2.3.1 IT & Telecommunication
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2.3.2 BFSI
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2.3.3 Government
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2.3.4 Media & Entertainment
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2.3.5 Other End-Users
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France Data Center Storage Market Size FAQs
How big is the France Data Center Storage Market?
The France Data Center Storage Market size is expected to reach USD 1.33 billion in 2024 and grow at a CAGR of 1.04% to reach USD 1.40 billion by 2029.
What is the current France Data Center Storage Market size?
In 2024, the France Data Center Storage Market size is expected to reach USD 1.33 billion.