Belgium Data Center Colocation Market - Supply & Demand Analysis 2024-2029

COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

The Belgium data center colocation market size was valued at USD 205 million in 2023 and is expected to reach USD 330 million by 2029, growing at a CAGR of 8.26% during the forecast period. Belgium has around 35 operational colocation data centers, most of which are being developed according to Tier III standards. The Belgium data center colocation market has several prominent operators, such as Digital Realty, EdgeConneX, Penta Infra, Datacenter United, and LCL Data Centers. Digital Realty, EdgeConneX, and Datacenter United contribute to around 52.8% of the IT load capacity in the market.

Belgium's strategic location in Europe positions it as an ideal hub for data centers, attracting investments for reliable and secure data storage facilities. For instance, OVHcloud inaugurated its first local zone in Belgium, alongside Madrid, Belgium, marking a step in its extensive roadmap for geographic expansion; the company has plans for 15 European local zones by 2024 and additional regions by 2026. Also, the country has transitioned energetically from fossil fuels to renewables, encompassing sustainable mobility, heat transition, and emissions reduction in the industry. Government policies and investments in wind and solar energy are driving this transition.

The country has significant potential for growth in the data center industry in the coming years. The average occupancy of data center facilities is expected to reach around 83%, indicating that the vacancy rate will be only around 17% by 2029. Further, regarding data center revenue, companies like Digital Realty, Proximus, Datacenter United, LCL Data Centers, EdgeConneX, and others are likely to dominate and lead the data center colocation industry. However, regarding colocation revenue, Digital Realty dominated the market in Belgium in terms of the share of revenue of the overall market in 2023.

WHATS INCLUDED?

1. Transparent research methodology and insights on the market's colocation of demand and supply.
2. The market size is available in terms of utilized white floor area, IT power capacity, and racks.
3. The market size available in terms of Core & Shell Vs Installed Vs Utilized IT Power Capacity along with the occupancy %.
4. The study of the existing Belgium data center industry landscape and insightful predictions about industry size during the forecast period.
5. An analysis of the current and future colocation demand in Belgium by several industries. 
6. Study on sustainability status in the region
7. Analysis of current and future cloud operations in the region.
8. Snapshot of upcoming submarine cables and existing cloud-on-ramps services in the region.
9. Snapshot of existing and upcoming third-party data center facilities in Belgium
10. Facilities Covered (Existing): 35
11. Facilities Identified (Upcoming): 03
12. Coverage: 15 locations
13. Existing vs. Upcoming (White Floor Area)
14. Existing vs. Upcoming (IT Load Capacity)
15. Data Center Colocation Market in Belgium
16. Colocation Market Revenue & Forecast (2023-2029)
17. Retail Colocation Revenue (2023-2029)
18. Wholesale Colocation Revenue (2023-2029)
19. Retail Colocation Pricing along with Addons
20. Wholesale Colocation Pricing along with the pricing trends. 
21. An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the Belgium data center colocation market.
22. Competitive landscape, including industry share analysis by the colocation operators based on IT power capacity and revenue.
23. The vendor landscape of each existing and upcoming colocation operator is based on the existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.