Greece Data Center Market Growth Insights – Market Area to Reach 130 Thousand Sq. Ft., Power Capacity to Hit 37 MW, and Colocation Revenue to Surpass USD 300 Million by 2031, Driven by Adaptation of Cloud-based Services, and Rise in AI & Digitalization

Greece Data Center Market – Investment Analysis & Growth Opportunities 2026-2031

GREECE DATA CENTER MARKET SIZE, OUTLOOK

The Greece data center market size was valued at USD 808 million in 2025 and is expected to reach USD 1.45 billion by 2031, growing at a CAGR of 10.25% during the forecast period. The Greece data center market stands out in Europe for its strategic geographic location, early stage of development, and growing role in the digital ecosystem, rather than being a fully established hub. Its position at the crossroads of Europe, Asia, and Africa provides a significant advantage, enabling the country to act as a key gateway for global data traffic and subsea cable connectivity, and positioning it as a regional interconnection hub rather than just a domestic market.

Greece has introduced new regulations for data centers, defining them as facilities that host, interconnect, and operate IT infrastructure while providing services such as data storage, processing, transfer, and cloud computing. These facilities are required to meet high standards of resilience and security to ensure uninterrupted service availability. In addition, the country follows the General Data Protection Regulation (GDPR) along with the Greek Data Protection Act for data governance.

Greece is targeting net-zero greenhouse gas emissions by 2050, with a strong reliance on solar and wind energy playing a key role in advancing its transition to a low-carbon economy. The country is a leader in renewable energy adoption, particularly in solar power, which accounts for around 51% of its renewable energy mix, highlighting its effective use of abundant sunlight resources.

GREECE DATA CENTER MARKET NEWS

1. Power Purchase Agreements (PPAs) are gaining traction in the data center sector. In November 2024, Amazon signed four PPAs in Greece to support utility-scale wind projects, including the 44.4 MW Vermio (North and South), 35.4 MW Mesokorfi, and 29.5 MW Koukouras wind farms, all being developed by Aersoleir.
2. Major data center operators are increasingly investing in Greece, strengthening its emergence as a growing digital infrastructure hub in Europe. In March 2026, Karatzis Group announced an investment of $278 million to develop a data center campus in Boeotia.

GREECE DATA CENTER MARKET - KEY HIGHLIGHTS

1. Greece has about 16 operational data centers. Most colocation data centers are being developed according to Tier III standards. Athens remains the primary data center hub in Greece, accounting for the largest concentration of operational facilities. The city at present hosts around 10 active data centers and 6 upcoming data centers in Athens.
2. The wholesale colocation market in Greece recorded a revenue of over $25 million in 2025, representing an increase of over 25% from the $20 million invested in 2024. In 2025, the retail colocation segment accounted for approximately 65% of the total colocation investments in Greece, while the wholesale segment made up the remaining 35%.
3. In March 2026, the Greek Data Center Association (GRDCA) joined the European Data Centre Association (EUDCA). This strategic move reinforces Greece’s rapidly emerging role as a digital and connectivity hub for the Mediterranean, the Balkans, and Southeast Europe. Additionally, it fosters trust in the Greek market and supports the creation of a stable and attractive environment for investments from hyperscalers, submarine connectivity providers, telecommunications operators, and other key stakeholders.

WHY SHOULD YOU BUY THIS RESEARCH?

1. Market size available in the investment, area, power capacity, and Greece colocation market revenue.
2. An assessment of the data center investment in Greece by colocation, hyperscale, and enterprise operators.
3. Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
4. A detailed study of the existing Greece data center market landscape, an in-depth industry analysis, and insightful predictions about the Greece data center market size during the forecast period.
5. Snapshot of existing and upcoming third-party data center facilities in Greece
6. Facilities Covered (Existing): 16
7. Facilities Identified (Upcoming): 7
8. Coverage: 5 Cities
9. Existing vs. Upcoming (Data Center Area)
10. Existing vs. Upcoming (IT Load Capacity)
11. Data center colocation market in Greece
12. Colocation Market Revenue & Forecast (2022-2031)
13. Retail & Wholesale Colocation Revenue (2022-2031)
14. Retail & Wholesale Colocation Pricing
15. Greece data center landscape market investments are classified into IT, power, cooling, and general construction services, with sizing and forecast.
16. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
17. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
18. A transparent research methodology and analysis of the demand and supply aspects of the market.

GREECE DATA CENTER MARKET VENDOR LANDSCAPE

1. In the current landscape of investors, several established companies play a significant role. Notable players include CloudRock, Digital Realty, Friktoria, Lancom, Telecom Italia Sparkle, Synapsecom Telecom S.A., among others.
2. Companies such as AApto, Data4, DAMAC Digital, Microsoft and Serverfarm are gaining traction in the country, indicating rising demand for data center services and advanced colocation solutions, while the evolving market landscape is driving competition and encouraging innovation in technology and service offerings.
3. In October 2024, Apto entered the Greece market by partnering with Dromeus Capital Group to develop a data center in Athens, aimed at supporting Europe’s expanding cloud and AI sectors; the project has already secured pre-approval and access to high-voltage power.
4. Greek businesses are increasingly adopting cloud to support data-intensive applications, such as AI, analytics, and IoT, reducing the reliance on legacy systems and enabling faster innovation across industries
5. For instance, Microsoft is building three data centers in the Attica region as part of its Greece cloud region, aimed at strengthening the local delivery of Azure and enterprise services. This investment is set to accelerate cloud adoption by enhancing performance, ensuring data residency, and supporting regulatory compliance.

EXISTING VS. UPCOMING DATA CENTERS

1. Existing Facilities in the region (Area and Power Capacity)
2. Athens
3. Other Cities
4. List of Upcoming Facilities in the region (Area and Power Capacity)
5. Athens
6. Other Cities

REPORT COVERAGE:

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

1. IT Infrastructure
2. Server Infrastructure
3. Storage Infrastructure
4. Network Infrastructure
5. Electrical Infrastructure
6. UPS Systems
7. Generators
8. Transfer Switches & Switchgears
9. PDUs
10. Other Electrical Infrastructure
11. Mechanical Infrastructure
12. Cooling Systems
13. Rack Cabinets
14. Other Mechanical Infrastructure
15. Cooling Systems
16. CRAC and CRAH Units
17. Chiller Units
18. Cooling Towers, Condensers and Dry Coolers
19. Other Cooling Units
20. General Construction
21. Core & Shell Development
22. Installation & commissioning Services
23. Building & Engineering Design
24. Fire Detection & Suppression Systems
25. Physical Security
26. Data Center Infrastructure Management (DCIM)
27. Tier Standards
28. Tier I & Tier II
29. Tier III
30. Tier IV

VENDOR LANDSCAPE

1. IT INFRASTRUCTURE PROVIDERS: Broadcom, Cisco, Dell Technologies, Extreme Networks, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies, IBM, NEC Corporation, NetApp, NVIDIA, Oracle and Super Micro Computer
2. DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS: AECOM, Hill International, LDK Consultants, Metlen Energy & Metals, Renco and TERNA
3. SUPPORT INFRASTRUCTURE PROVIDERS: 3M, ABB, Airedale, Carrier, Caterpillar, Condair Group, Cummins, Daikin Applied, Eaton, Legrand, Mitsubishi Electric, Munters, Perkins Engines, Rehlko, Rittal, Schneider Electric, Siemens, Socomec Group, STULZ, Trane and Vertiv
4. DATA CENTER INVESTORS: CloudRock, Digital Realty, Friktoria, Lancom, Telecom Italia Sparkle and Synapsecom Telecom S.A.
5. NEW ENTRANTS: Apto, Data4, DAMAC Digital, Microsoft and Serverfarm