Netherlands Data Center Storage Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.65 Billion |
| Market Size (2029) | USD 2.29 Billion |
| CAGR (2024 - 2029) | 6.88 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Netherlands Data Center Storage Market Analysis
The Netherlands Data Center Storage Market size is estimated at USD 1.65 billion in 2024, and is expected to reach USD 2.29 billion by 2029, growing at a CAGR of 6.88% 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 Dutch data center rack market is expected to reach 1,400 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 6 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 330,000 units by 2029. Amsterdam will likely house the maximum number of racks.
- Planned Submarine Cables: There are close to 10 submarine cable systems connecting the Netherlands, and many are under construction.
- The 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 the Netherlands, which is reflected by the country's evolving IT landscape, business activities, and technological initiatives. 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. Such factors are also expected to drive market growth during the forecast period.
Netherlands Data Center Storage Market Trends
The IT & Telecommunication Segment is Expected to Hold the Major Share
- Cloud storage in the Netherlands is expanding as a result of rising demand for low-cost data backup, storage, and protection across all companies and the need to manage the data produced by the increased use of mobile technology.
- Governments are also promoting public cloud services and changing regulations. Public cloud services have become more secure, and mass deployment of updates and patches has made software troubleshooting much easier than before. For these reasons, the government revised the National Cloud Policy in 2011.
- Additionally, 49% of Dutch banks use the cloud, of which 38% use the public cloud. Almost 60% of Dutch healthcare institutions use private clouds, of which 43% also use public clouds. Additionally, research shows that more than 50% of government agencies worldwide use office applications in the cloud. These figures were a major driver for the 2011 revision of the Dutch National Cloud Directive.
- The hyperscalers (e.g., AWS, Azure, Google Cloud, etc.) enter new agreements with public sector and on-premises cloud partners, including KPN, that offer Azure and AWS services. The move by the Dutch government showed that the cloud had reached a level of maturity in the country and could be applied to a variety of government-related use cases. This showed that more racks were being used in data centers.
- In telecommunications, the implementation of 5G is projected to impact data traffic positively. By 2026, the country's 3.5 GHz (5G) rollout is anticipated to be complete. By 2030, 60% of the Dutch population will be covered by the 3.5 GHz 5G network, up from 33% in 2023. This trend may greatly encourage the usage of VOD. Such instances in the market are expected to create more need for data centers, resulting in more demand for data center storage solutions in the coming years.
Hybrid Storage is Expected to Hold a Significant Market Share
- The combination of on-premises and cloud storage solutions is called hybrid storage in data centers. This approach leverages the strengths of both environments, offering the flexibility to store and manage data on-site and in the cloud.
- The Netherlands is a strategically vital gateway into Europe, and it has good links with the big cities in Europe. It is a desirable location for data centers, thus facilitating adequate access to the global market, which results in creating more need for hybrid-type data centers.
- Interconnectivity is enhanced by the presence of essential Internet exchanges such as Amsterdam's Internet Exchange (AMSIX). Businesses that require quick and reliable access to other networks worldwide find this crucial, creating more need for hybrid-type data centers.
- The government is expected to make more investments to innovate in areas such as quantum computing, artificial intelligence, and applications utilizing 5G and 6G technologies. It aims to attain full 5G coverage, for which it had planned a 5G spectrum auction in 2023. Such aspects are expected to complement the growth and demand for data processing facilities in the telecom industry, propel data centers' growth, and contribute to segmental growth.
- The key players in the market are focused on improving the data center storage solutions to meet the demand. In May 2023, Infinidat, a prominent provider of enterprise storage solutions, announced the launch of two prominent new solutions. The solutions included the launch of InfuzeOS Cloud Edition, which expanded Infinidat's support of hybrid cloud storage deployments and new InfiniSafe Cyber Detection for enterprise primary storage to better resist cyberattacks.
Netherlands Data Center Storage Industry Overview
The upcoming DC construction projects in the country will increase the demand for the Dutch data center storage market in the coming years. The market is moderately consolidated. The major players include Dell Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd, Hitachi Vantara LLC, and Kingston Technology Company Inc. These major players, with a prominent market share, focus on expanding their regional customer base.
- June 2023: Pure Storage, a significant data storage technology and service provider, announced the expansion of its disk replacement-focused Pure//E family of products with the all-new FlashArray//E. FlashArray//E will provide customers with an 80% reduction in energy and space costs, 60% less operational costs than the disk, and 85% less e-waste.
- April 2023: Hewlett Packard Enterprise (HPE) announced new file, disaster, block, and backup recovery data services designed to assist customers in eliminating data silos, reduce costs and complexity, and improve performance. The new file storage data services deliver scale-out, enterprise-intensive performance for data workloads, and the expanded block services provide mission-critical, midrange storage economics.
Netherlands Data Center Storage Market Leaders
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Dell Inc.
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Hewlett Packard Enterprise
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Huawei Technologies Co. Ltd.
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Hitachi Vantara LLC
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Kingston Technology Company Inc.
*Disclaimer: Major Players sorted in no particular order
Netherlands Data Center Storage Market News
- July 2023: Hitachi Vantara, a prominent infrastructure, data management, and digital solutions subsidiary of Hitachi Ltd, announced its collaboration with Microsoft to launch the Hitachi Unified Compute Platform (UCP) for Azure Stack HCI. This powerful and streamlined hybrid cloud solution increases business flexibility and delivers enhanced cloud management across various environments, including data centers, branch offices, and edge computing, to give businesses greater visibility and control over how their data is stored, managed, and used.
- May 2023: Nutanix, a prominent provider in cloud computing and hybrid multi-clouds, announced the launch of Nutanix Central, a cloud-based solution that provides a single console for visibility, monitoring, or management across on-premises, hosted, or edge infrastructure. This extended the universal cloud operating model of the Nutanix Cloud Platform to break down silos and simplify consistently managing apps and data anywhere.
Netherlands Data Center Storage Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption & Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Demand of Clolud Computing Capabilities Drives the Market Growth
4.2.2 Increase in the Demand for Energy-Efficient and Cost-Effective Data Centers
4.3 Market Restraints
4.3.1 Skilled Workforce Availability and Security Concerns
4.4 Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
5.1 Storage Technology
5.1.1 Network Attached Storage (NAS)
5.1.2 Storage Area Network (SAN)
5.1.3 Direct Attached Storage (DAS)
5.1.4 Other Technologies
5.2 Storage Type
5.2.1 Traditional Storage
5.2.2 All-Flash Storage
5.2.3 Hybrid Storage
5.3 End User
5.3.1 IT & Telecommunication
5.3.2 BFSI
5.3.3 Government
5.3.4 Media & Entertainment
5.3.5 Other End Users
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Dell Inc.
6.1.2 Hewlett Packard Enterprise
6.1.3 Huawei Technologies Co. Ltd
6.1.4 Hitachi Vantara LLC
6.1.5 Kingston Technology Company Inc.
6.1.6 Pure Storage Inc.
6.1.7 Infinidat Ltd
6.1.8 Lenovo Group Limited
6.1.9 Fujitsu Limited
6.1.10 Oracle Corporation
6.1.11 Commvault Systems Inc.
6.1.12 NetApp Inc.
6.1.13 Nutanix Inc.
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Netherlands Data Center Storage Industry Segmentation
Data center storage refers to the devices, hardware, networking equipment, and software technologies that enable the storage of data and applications within data center facilities. It is used to store, manage, retrieve, distribute, and back up digital information within data center facilities.
The Dutch data center storage market is segmented by storage technology (network attached storage (NAS), storage area network (SAN), and direct attached storage (DAS)), Storage Type (Traditional Storage, All-Flash Storage, and Hybrid Storage), and End User (IT & telecommunication, BFSI, government, media & entertainment, and other end users). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| 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 |
Netherlands Data Center Storage Market Research FAQs
How big is the Netherlands Data Center Storage Market?
The Netherlands Data Center Storage Market size is expected to reach USD 1.65 billion in 2024 and grow at a CAGR of 6.88% to reach USD 2.29 billion by 2029.
What is the current Netherlands Data Center Storage Market size?
In 2024, the Netherlands Data Center Storage Market size is expected to reach USD 1.65 billion.
Who are the key players in Netherlands Data Center Storage Market?
Dell Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd., Hitachi Vantara LLC and Kingston Technology Company Inc. are the major companies operating in the Netherlands Data Center Storage Market.
What years does this Netherlands Data Center Storage Market cover, and what was the market size in 2023?
In 2023, the Netherlands Data Center Storage Market size was estimated at USD 1.54 billion. The report covers the Netherlands Data Center Storage Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Netherlands Data Center Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Netherlands Data Center Storage Industry Report
Statistics for the 2024 Netherlands Data Center Storage market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Netherlands Data Center Storage analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
