MARKET OVERVIEW

The Greece data center market size will witness investments of USD 1.21 billion by 2028, growing at a CAGR of 8.78% during the forecast period. The digitalization of processes in businesses is driving the cloud computing market in Greece, which could increase the demand for hyperscale data centers. As Athens is a major data center hub in Greece, this could lead to more investments in data centers in the city and other regions of Greece. Such investments could further enhance the city's reputation as a data center hub and attract more businesses to the region, potentially boosting the city's economic growth.

Greece's completion of 12 years of EU fiscal surveillance has not affected Athens from becoming a major data center hub in the country. This suggests that despite economic challenges, the city has invested in facilities infrastructure and has the necessary resources to support facilities. Further, the end of EU fiscal surveillance means that Greece will have more control over its domestic economic policy, potentially creating a more favorable environment for businesses looking to establish data centers in the region. This could increase investment in data center infrastructure and support the Greece data center market growth.

Establishing SEZs and FTZs in Greece is part of the government's efforts to attract foreign investment and boost economic growth. By offering businesses a range of benefits and incentives, the country aims to create a favorable investment climate that will encourage companies to establish operations in Greece.

KEY HIGHLIGHTS

• Greece has around 15 operational colocation data centers, most of which are being developed according to Tier III standards.
• A significant investment is being made in constructing new data centers and upgrading existing ones to meet the growing demand for data and support emerging technologies.
• The Greece data center market has witnessed significant growth in recent years due to rising demand for cloud computing, big data analytics, and IoT.
• The market emphasizes sustainability and energy efficiency more due to concerns about its carbon footprint.
• The Greece data center market benefits from over ten submarine cables that link the country to key global markets. Additionally, there are several inland internet exchange points.
• Major cloud service providers like Microsoft are constructing their facilities in the country, while Google has also announced.
• Many organizations are adopting hybrid solutions incorporating both on-premises data centers and cloud services to maximize cost-effectiveness and performance.
• The major renewable energy contributors are solar photovoltaic and wind renewable energy sources in Greece. According to Energy and Environment minister, Greece also aims to increase electricity from renewable sources by 80% by 2030.

WHY SHOULD YOU BUY THIS RESEARCH?

• Market size available in the investment, area, power capacity, and Greece colocation market revenue.
• An assessment of the data center investment in Greece by colocation, hyperscale, and enterprise operators.
• Investments in the area (square feet) and power capacity (MW) across states in the country.
• A detailed study of the existing Greece data center market landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.
• Snapshot of existing and upcoming third-party data center facilities in Greece
  • Facilities Covered (Existing): 15
  • Facilities Identified (Upcoming): 2
  • Coverage: 5+ Locations
  • Existing vs. Upcoming (Area)
  • Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in Greece
  • Market Revenue & Forecast (2022-2028)
  • Retail Colocation Pricing
  • Wholesale Colocation Pricing
• The Greece market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
• A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
• Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
• A transparent research methodology and the analysis of the demand and supply aspects of the industry.

VENDOR LANDSCAPE

• Some key investors in the Greece data center market are Digital Reality (Lamda Helix), Telecom Italia Sparkle, and Synapsecom Telecoms.
• In 2022, the country witnessed the announcement & construction of facilities by companies such as Google and Microsoft.
• Telecom operators such as Cosmote, Vodafone, and NOVA played an important role in connectivity across the country.
• The migration of on-premises infrastructure to cloud/colocation by local enterprises will play a vital role in colocation revenue growth.

EXISTING VS. UPCOMING DATA CENTERS

• Existing Facilities in the Region (Area and Power Capacity)
  • Athens
  • Other Cities
• List of Upcoming Facilities in the region (Area and Power Capacity)

REPORT COVERAGE:

This report analyses the Greece data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:

• IT Infrastructure
  • Servers
  • Storage Systems
  • Network Infrastructure
• Electrical Infrastructure
  • UPS Systems
  • Generators
  • Switches & Switchgears
  • PDUs
  • Other Electrical Infrastructure
• Mechanical Infrastructure
  • Cooling Systems
  • Rack Cabinets
  • Other Mechanical Infrastructure
• General Construction
  • Core & Shell Development
  • Installation & Commissioning Services
  • Building & Engineering Design
  • Fire Detection & Suppression Systems
  • Physical Security
  • Data Center Infrastructure Management (DCIM)
• Tier Standard
  • Tier I & Tier II
  • Tier III
  • Tier IV

VENDOR LANDSCAPE

• IT Infrastructure Providers: Broadcom, Cisco Sytems, Dell Technologies, Extreme Networks, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies, IBM, Juniper Networks, NEC Corporation, NetApp, Oracle, and Super Micro Computer.
• Data Center Construction Contractors & Sub-Contractors: AECOM, LDK Consultants, ELLAKTOR Group, and Mytilineos S.A.
• Support Infrastructure Providers:3M, ABB, Airedale International Air Conditioning, Carrier, Caterpillar, Cummins, Condair, Daikin Applied, Eaton, KOHLER-SDMO, Legrand, Mitsubishi Electric, Munters, Perkins Engines, Rittal, Schneider Electric, STULZ, Socomec, Siemens, Trane ( Ingersoll Rand), Vertiv Group.
• Data Center Investors: ADigital Reality (Lamda Helix), Telecom Italia Sparkle, Microsoft, Synapsecom Telecoms.

TARGET AUDIENCE

• Real Estate Investment Trusts (REIT)
• Construction Contractors
• Infrastructure Providers
• New Entrants
• Consultants/Consultancies/Advisory Firms
• Corporate and Governments Agencies