
Turkey Data Center Market Report Includes Size in Terms of
Report Attribute | Details |
---|---|
MARKET SIZE (2027) | USD 954.6 Million |
MARKET SIZE (2021) | USD 587.3 MILLION |
MARKET SIZE -AREA (2027) | 183 thousand sq. Feet |
MARKET SIZE - POWER CAPACITY(2027) | 41.5 MW |
COLOCATION MARKET SIZE - REVENUE(2027) | USD 280 Million |
INVESTMENT CAGR (2021-2027) | 8.43% |
BASE YEAR | 2021 |
FORECAST YEAR | 2022-2027 |
Turkey data center market size by investments crossed USD 587.3 million by 2021 and is expected to reach USD 954.6 million by 2027, growing at a CAGR of 8.43% during 2022-2027. In Turkey, Istanbul is the prominent data center hub, and the city hosts the maximum number of data centers in the country. The business capital is an intersection connecting Asia and Europe. Most of the country's data centers use some form of renewable or green sources to power them. Turkcell facility in Tekirdağ uses solar panels spanning 12,900 square feet to power the facility. The country aims to reduce carbon emissions by 35% by 2030.
Turkey is well connected to other parts of the world through submarine cables. There are currently six submarine cables under operation in the country, namely MedNautilus Submarine System, KAFOS, SeaMeWe-3, SeaMeWe-5, Turcyos-1, and Turcyos-2. Public and private enterprises are seen shifting their workloads to the cloud, which increases demand significantly for colocation data center investments and developments in the country. Technology Development Zones (TDZ) has been set up to offer start-ups incentives and other benefits. The tax incentives focusing solely on effective data center investments and operations will likely grow during the forecast period.
This report analyses the Turkey 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:
Frequently Asked Questions
How big is Turkey data center market?
The Turkey data center market size is expected to witness investments of USD 954.6 million by 2027 from USD 587.3 million in 2021.
What is the growth rate of the Turkey data center market?
The Turkey data center market is growing at a CAGR of 8.43% from 2022 to 2027.
How much MW of power capacity will be added across Turkey during 2022-2027?
Around 199 MW of power capacity will be added across Turkey from 2022 to 2027.
Who are the key vendors in the Turkey data center market?
Turkcell, Turk Telekom, NGN, Telehouse, and Equinix are a few of the leading data center providers in the country.
Which all cities are included in Turkey data center market report?
Istanbul and Other cities are considered in Turkey data center market.
Turkey data center market size will reach USD 954.6 million by 2027, growing at a CAGR of 8.43% from 2021 to 2027.
The following factors are likely to contribute to the growth of the Turkey data center market during the forecast period:
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Turkey data center market and its market dynamics for 2022−2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the market.
The report includes the investment in the following areas:
Major Vendors
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
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