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

COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

The Greece data center colocation market size was valued at USD 56.0 million in 2023 and is expected to reach USD 125 million by 2029, growing at a CAGR of 14.32% during the forecast period. The region currently has around 15 active colocation data centers, with a rising number of facilities. As an emerging market in Western Europe, Greece is seeing substantial growth in data center development. Furthermore, the average rack power density in Greece is around 3-12 kW in 2024, which is likely to increase to 8-10 kW by 2028 through increased deployment of big data, IoT, AI, and ML workloads and the entry of hyperscale/cloud operators in the market.

Greece is well-connected globally, featuring 13 active undersea cables and plans for four more. Athens processes more than 65% of the country's internet traffic, highlighting Greece's role as a pivotal data hub in the region. Also, the region has recently drawn significant foreign investments in 2023 & 2024, boosting its data center expansion and modernization. The Memorandum of Understanding (MoU) between Greece’s Ministry of Digital Governance and the UAE’s Ministry of Investment highlights a major commitment to upgrading Greece’s digital infrastructure, including the potential development of data centers with a capacity of up to 500 MW. Furthermore, investing in the Greece data center colocation market offers notable benefits due to rising demand for data services and competitive costs in land, energy, and construction. Datacenter investors are navigating current local regulations and Greece’s goal of achieving a 61% renewable energy share by 2030.

WHATS INCLUDED?

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