Switzerland: Existing & Upcoming Data Center Portfolio

Key Market Highlights:

• In Switzerland, as of January 2022, the population is around 8.7 million, of which over 95% are internet users, and around 85% are active social media users. ICT is one of the major sectors of the economy of Switzerland.  
• The Swiss Datacenter Efficiency Association and Swiss Data Center Association are some organizations helping achieve the goal of improving data center sustainability in Switzerland. 
• Switzerland's data privacy law is strict as data privacy is the top priority; for instance, US companies need to disclose the data at the request of the local authorities, but this is not possible in Switzerland. Therefore, the data stored should be inside the country, which drives the demand for data center construction.   
• Over the next few years, the maximum data center demand in Switzerland will come from the telecom sector, followed by the government, BFSI, healthcare, and education sectors. For instance, the Swiss telecom operator, Sunrise partnered with Google Cloud by expanding its cloud services by becoming a G-Suite reseller. 
• Switzerland is one of the mature markets for the production of renewable energy. The Switzerland government's energy strategy targets add 39 TWh of renewable energy by 2050.