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Germany Data Center Storage Market Size (2024 - 2029)

The Germany Data Center Storage Market is poised for growth, driven by the increasing demand for cloud computing, government regulations on local data security, and significant investments by domestic players. The market's expansion is supported by the country's evolving IT landscape and technological initiatives, which include digital transformation, e-commerce, and smart city developments. These factors contribute to the rising need for data storage solutions, reflecting a robust market size trajectory over the forecast period.

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Market Size of Germany Data Center Storage Industry

Germany Data Center Storage Market Summary
Study Period 2018 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 2.03 Billion
Market Size (2029) USD 2.49 Billion
CAGR (2024 - 2029) 3.41 %
Market Concentration Medium

Major Players

Germany Data Center Storage Market Major Players

*Disclaimer: Major Players sorted in no particular order

Germany Data Center Storage Market Analysis

The Germany Data Center Storage Market size is estimated at USD 2.03 billion in 2024, and is expected to reach USD 2.49 billion by 2029, growing at a CAGR of 3.41% 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.
  • Under Construction IT Load Capacity: The upcoming IT load capacity of the German data center market is expected to reach more than 2300 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 11 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach above 5,88,000 units by 2029. Frankfurt is expected to house the maximum number of racks by 2029.
  • Planned Submarine Cables: There are close to 7 submarine cable systems connecting Germany, and many are under construction. In May 2023, German transmission system operator (TSO) 50Hertz and its partners in Estonia, Latvia, and Lithuania agreed on a joint hybrid submarine cable project called Baltic WindConnector in the Baltic Sea between Estonia and Germany.
  • An increasing need for data storage has resulted in an upsurge in the number of data centers nationwide. Several factors contribute to the demand for data centers and their growth within Germany, which is reflected by the country's evolving IT landscape, business activities, and technological initiatives.
  • The key drivers that propel the development of data centers in the nation include digital transformation, cloud computing adoption, e-commerce & digital services, renewable energy & sustainability, and smart cities & IoT initiatives. Hence, such factors are expected to drive market growth during the forecast period.

Germany 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 Germany 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
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Germany Data Center Storage Market Size Summary

The Germany Data Center Storage Market is poised for growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and significant investments from domestic players. The market is experiencing a surge in data center construction, with substantial expansions in IT load capacity, raised floor space, and the number of racks planned. The evolution of Germany's IT landscape, characterized by digital transformation, e-commerce, and smart city initiatives, is further propelling the demand for data centers. The country's focus on renewable energy and sustainability also plays a crucial role in shaping the market dynamics. As mobile broadband communication advances, the need for faster internet speeds is prompting the establishment of more data centers, thereby boosting the demand for data center storage solutions.

The market is moderately consolidated, with key players like Dell Inc., Hewlett Packard Enterprise, and Huawei Technologies Co. Ltd. actively expanding their regional presence. Innovations such as hybrid storage solutions are gaining traction, offering the flexibility to integrate on-premises and cloud storage, which is essential for leveraging advanced technologies like AI and Machine Learning. The emphasis on data sovereignty and compliance with strict data protection laws is driving businesses to prefer local data center services. The adoption of 5G technology, supported by government deregulation, is expected to further accelerate market growth. Major companies are continuously enhancing their data center storage solutions to meet the rising demand, with recent collaborations and product launches highlighting the industry's commitment to innovation and expansion.

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Germany Data Center Storage Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Demand of Clolud Computing Capabilities Drives the Market Growth

      2. 1.2.2 Adoption of Green Practices in Data Centers Drives the Market Growth

    3. 1.3 Market Restraints

      1. 1.3.1 High Initial Investments and Security Concerns

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 Storage Technology

      1. 2.1.1 Network Attached Storage (NAS)

      2. 2.1.2 Storage Area Network (SAN)

      3. 2.1.3 Direct Attached Storage (DAS)

      4. 2.1.4 Other Technologies

    2. 2.2 Storage Type

      1. 2.2.1 Traditional Storage

      2. 2.2.2 All-Flash Storage

      3. 2.2.3 Hybrid Storage

    3. 2.3 End-User

      1. 2.3.1 IT & Telecommunication

      2. 2.3.2 BFSI

      3. 2.3.3 Government

      4. 2.3.4 Media & Entertainment

      5. 2.3.5 Other End-Users

Germany Data Center Storage Market Size FAQs

The Germany Data Center Storage Market size is expected to reach USD 2.03 billion in 2024 and grow at a CAGR of 3.41% to reach USD 2.49 billion by 2029.

In 2024, the Germany Data Center Storage Market size is expected to reach USD 2.03 billion.

Germany Data Center Storage Market Report Snapshots

Germany Data Center Storage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)