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TMCNet:  Burden of COVID-19 on the Market & Rehabilitation Plan | Data Center Market in Europe 2020-2024 | Increasing Adoption of Cloud-Based Storage Services to Boost Growth | Technavio

[July 07, 2020]

Burden of COVID-19 on the Market & Rehabilitation Plan | Data Center Market in Europe 2020-2024 | Increasing Adoption of Cloud-Based Storage Services to Boost Growth | Technavio

Technavio has been monitoring the data center market in Europe and it is poised to grow by USD 70.95 billion during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200707005607/en/

Technavio has announced its latest market research report titled Data Center Market in Europe 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Data Center Market in Europe 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Apple (News - Alert) Inc., Colt Technology Services Group Ltd., Digital Realty Trust Inc., Equinix Inc., Global Switch Holdings Ltd., GTT Communications Inc., International Business Machines Corp., and Microsoft (News - Alert) Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing adoption of cloud-based storage services has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/data-center-market-size-in-Europe-industry-analysis

Data Center Market in Europe 2020-2024: Segmentation

Data Center Market in Europe is segmented as below:

  • Component
    • IT Infrastructure
    • Power Management
    • Cooling Solutions
    • General Construction
    • Others
  • Geographic Landscape
    • Western Europe
    • Rest of Europe

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41316

Data Center Market in Europe 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The data center market in Europe report covers the following areas:

  • Data Center Market Size in Europe
  • Data Center Market Trends in Europe
  • Data Center Market Analysis in Europe

This study identifies growing investments in hyperscale data centers by colocation providers as one of the prime reasons driving the data center market growth in Europe during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Data Center Market in Europe 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist data center market growth in Europe during the next five years
  • Estimation of the data center market size in Europe and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the data center market in Europe
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data center market vendors in Europe

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Component

  • Market segments
  • Comparison by Component placement
  • IT infrastructure - Market size and forecast 2019-2024
  • Power management - Market size and forecast 2019-2024
  • Cooling solutions - Market size and forecast 2019-2024
  • General construction - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Component

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Western Europe - Market size and forecast 2019-2024
  • Rest of Europe - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alphabet Inc.
  • Amazon.com (News - Alert) Inc.
  • Apple Inc.
  • Colt Technology Services Group Ltd.
  • Digital Realty Trust Inc.
  • Equinix Inc.
  • Global Switch Holdings Ltd.
  • GTT Communications Inc.
  • International Business Machines Corp.
  • Microsoft Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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