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

COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

The Spain data center colocation market size was valued at USD 430 million in 2023 and is expected to reach USD 690 million by 2029, growing at a CAGR of 8.20% during the forecast period. The country's colocation landscape currently includes 60 operational facilities managed by OVER 35 different providers across 20 cities. These facilities collectively offer a total power capacity of 285.6 MW, reflecting Spain's growing demand for digital infrastructure. Furthermore, the Spain data center colocation market features operators like CyrusOne, Global Switch, Adam Ecotech, EdgeConneX, and Merlin Properties. Notable hybrid companies such as Equinix, Digital Realty, and EdgeConneX provide retail and wholesale colocation services, generating an estimated $2.5–$3.5 million per MW.

The Spanish colocation segment is fragmented, with many ISPs and hosting providers offering cost-effective retail colocation in small data rooms. However, market consolidation is expected, particularly in retail colocation, as major cloud operators enter the market. Retail colocation currently accounts for 93% of the market share, but this dominance may decrease as wholesale colocation expands. Also, the country's strategic location positions it as a global technology hub, facilitating 70% of data entering Europe through submarine cables. The region offers robust internet connectivity with around 30 active submarine cables and three upcoming cables. Major cables, such as the Atlantic-Mediterranean Data Gateway and Meta's Anjana cable, enhance Spain's connectivity infrastructure.

Spain provides significant tax credits, including 25% for R&D expenses and 42% for additional expenses. The Digital Spain 2025 and 2026 agendas focus on enhancing digital infrastructure, driving digital transformation, and bridging the urban-rural digital divide through initiatives like 5G deployment and partnerships with AWS and Microsoft. Furthermore, the expansion of hyperscale data centers is expected to boost the country's colocation capacity, with cloud services predicted to capture over 92% of the market share by 2029. Amazon Web Services (AWS) is expanding in Aragon, with Microsoft and Meta announcing significant data center projects around Madrid.

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. The market size is available in terms of Core & Shell vs. Installed vs. Utilized IT Power Capacity, along with the occupancy percentage.
4. The study of the existing Spain 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 Spain 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 Spain
10. Facilities Covered (Existing): 60
11. Facilities Identified (Upcoming): 18
12. Coverage: 19+ locations
13. Existing vs. Upcoming (White Floor Area)
14. Existing vs. Upcoming (IT Load Capacity)
15. Data Center Colocation Market in Spain
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 Spain 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.