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This portfolio analysis includes the details of all the Belgium market's existing and upcoming data centers. The data points covered across each facility are mentioned below:
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Key Market Highlights:
- The adoption of cloud computing & advanced technologies such as the Internet of Things (IoT), big data, and artificial intelligence, the deployment of 5G technology, and government support for data center construction such as tax subsidies are factors driving the data center market in Belgium.
- Governments in the country also offer tax subsidies for renewable projects. For instance, the Wallonia administration offers 15% tax subsidies on renewable energy investments in the city.
- As of January 2022, the population of Belgium was around 11.6 million, with the total number of mobile connections accounting for 10.81 million. The internet penetration in the country was around 91% as of January 2022, and the social media user penetration was around 76% of the population.
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