Europe Micro Data Center Market Forecast to 2030
Europe Micro Data Center Market Forecast to 2030 – Regional Analysis – By Rack Type (Single Rack and Multi Rack), Organization Size (Large Enterprises and SMEs), and End User (IT & Telecom, BFSI, Retail, Healthcare, Manufacturing, and Others)
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Description
Increasing Deployment of 5G Services Fuels the Europe Micro Data Center Market
The deployment of 5G is expected to significantly increase the volume of data traffic, as 5G offers high-speed data and lower latency compared to 4G and other networks. According to the Cisco company’s report published in 2022, 5G is expected to support more than 10% of the world’s mobile connections by the end of 2023, with an average speed of 575 Mbps, i.e., 13 times faster than the average mobile connection. Due to increased data traffic, businesses and enterprises are seeking a location to store, process, and distribute their data more efficiently and reliably, contributing to the need for micro data centers. Moreover, the major advantage of 5G deployment is its ability to support a wide range of IoT services and applications, such as autonomous vehicles and industrial automation. These applications generate large amounts of data, which needs to be processed in real time and stored securely. Micro data center facilities offer a cost-effective and scalable solution for storing and processing this data, providing high security, redundancy, and connectivity. Furthermore, businesses seek to deploy 5G applications and services in their areas with limited network infrastructure with “Data sovereignty.” This practice allows micro data center providers to offer services such as enhanced network connectivity and disaster recovery.
Several micro data center providers are launching data centers and their services across the countries. For instance, in November 2022, Rittal launched new micro data centers, which are compact, robust, and fully-fledged homes for IT hardware. The RiMatrix micro data centers are equipped with matching OT components such as rack, power, cooling, monitoring, and security to ensure that it is securely packed and operates with the smallest carbon emissions, regardless of the location. Further, with regional standardization and increased adaptability, these new packages offer more advantages to consumers. In addition, in June 2022, Schneider Electric launched its micro data center service in Europe. They provide micro data centers, ranging from 27kW to 80kW, designed for Edge locations or smaller users. Micro data centers use 5G services to handle the exponential growth in data consumption, edge computing, IoT devices, cloud computing, and digital services. Therefore, the increasing deployment of 5G services is expected to offer lucrative opportunities for the Europe micro data center market growth in the coming years.
Europe Micro Data Center Market Overview
Europe has strong manufacturing sectors incorporating the latest technologies, such as robotics, 5G, and machine learning, to increase productivity. The government of Europe drafted an Industry 4.0 initiative to encourage digitization. With the rise in the number of connected industries, the demand for robust IT and cloud infrastructure solutions is increasing, fueling the growth of the region’s micro data center market. In February 2023, Vapor IO deployed on-premise AWS Outposts at the Cellnex tower site in Barcelona, Spain. The AWS Outposts is an entirely managed service that extends AWS services, AWS infrastructure, APIs, and tools to virtually any data center, co-location space, or on-premises facility.
The rise of small and medium-sized enterprises (SMEs) adopting advanced digital technologies contributed to the micro data center market growth. The colocation sector is getting traction in the region because SMEs face budgetary constraints in constructing data centers. Colocation providers provide data storage services to these SMEs. For instance, Equinox Inc., a data center and colocation provider, has 62 centers in Europe and the Middle East. The colocation sector’s growth propels the demand for high-quality and efficient data handling.
Europe Micro Data Center Market Revenue and Forecast to 2030 (US$ Million)
Europe Micro Data Center Market Segmentation
Based on rack type, the Europe micro data center market is bifurcated into single rack and multi rack. The single rack segment held a larger share in 2022.
Based on organization size, the Europe micro data center market is bifurcated into large enterprises and SMEs. The large enterprises segment held a larger share in 2022.
Based on end user, the Europe micro data center market is segmented into BFSI, retail, IT and telecom, manufacturing, healthcare, and others. The IT and telecom segment held the largest share in 2022.
Based on country, the Europe micro data center market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The UK dominated the Europe micro data center market in 2022.
Hitachi Ltd, Rittal GmbH & Co KG, Legrand SA, Schneider Electric SE, Vertiv Group Corp, Eaton Corp Plc, Hewlett Packard Enterprise Development LP, Delta Electronics Inc, and Huawei Technologies Co Ltd are some of the leading companies operating in the Europe micro data center market.
Summary Info
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According to The Research Team’ research, the Europe micro data center market was valued at US$ 999.58 in 2022 and is expected to reach US$ 2,654.64 million by 2030, registering a CAGR of 13.0% from 2022 to 2030. Increasing proliferation of cloud-based services is among the critical factors attributed to the Europe micro data center market expansion.
Cloud computing provides a cost-effective way to handle the data, enabling organizations to store and process it in a centralized location without investing in expensive hardware and infrastructure. Due to the growth of cloud computing services, various organizations are shifting their IT infrastructure to the cloud, as they often require facilities to leverage additional space, power, and cooling for servers, storage, and networking equipment. This is contributing to the adoption of data services. The integration of cloud technologies into interconnected devices and systems has increased their usage, resulting in a growing need for high-speed, low-latency network connectivity. The data center providers offer a secure hardware environment to store and access data, which is essential to support IoT and cloud-based applications. It also helps save overall costs over establishing their own data center.
Additionally, with the growing adoption of cloud-based technologies, key players operating in the Europe micro data center market are establishing new units for business deliveries to enhance customer’s accessibility to the cloud and digital infrastructure. The launch of new data centers in the European country is attracting more customers to leverage the services of advanced technologies such as cloud-based services. Thus, the rising proliferation of cloud-based services is driving the growth of the Europe micro data center market.
On the contrary, lack of awareness about benefits of micro data centers hampers the growth Europe micro data center market.
Based on rack type, the Europe micro data center market is bifurcated into single rack and multi rack. The single rack segment held 60.1% share of the Europe micro data center market in 2022, amassing US$ 600.55 million. It is projected to garner US$ 1,649.08 million by 2030 to expand at 13.5% CAGR during 2022-2030.
Based on organization size, the Europe micro data center market is bifurcated into large enterprises and SMEs. The large enterprises segment held 66.3% share of the Europe micro data center market in 2022, amassing US$ 663.21 million. It is projected to garner US$ 1,688.03 million by 2030 to expand at 12.4% CAGR during 2022-2030.
Based on end user, the Europe micro data center market is segmented into BFSI, retail, IT and telecom, manufacturing, healthcare, and others. The IT and telecom segment held 40.3% share of Europe micro data center market in 2022, amassing US$ 403.38 million. It is projected to garner US$ 1,149.82 million by 2030 to expand at 14.0% CAGR during 2022-2030.
Based on country, the Europe micro data center market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The UK held 26.8% share of Europe micro data center market in 2022, amassing US$ 267.59 million. It is projected to garner US$ 774.4 million by 2030 to expand at 14.2% CAGR during 2022-2030.
Key players operating in the Europe micro data center market are Hitachi Ltd, Rittal GmbH & Co KG, Legrand SA, Schneider Electric SE, Vertiv Group Corp, Eaton Corp Plc, Hewlett Packard Enterprise Development LP, Delta Electronics Inc, and Huawei Technologies Co Ltd, among others.
In Oct 2021, Schneider Electric, the leader in the digital transformation of energy management and automation, announced it had expanded its Micro Data Center solutions portfolio with the introduction of the Easy Micro Data Center Series for standard IT and commercial environments.
In Mar 2020, Hewlett Packard Enterprise (HPE) announced the availability of HPE Container Platform. The HPE Container Platform is the industry’s first enterprise-grade container platform designed to support both cloud-native and non-cloud-native applications using 100 percent open-source Kubernetes – running on bare-metal or virtual machines (VMs), in the data center, on any public cloud, or at the Edge. In addition, HPE is introducing new professional services to ensure faster time-to-value and several new reference configurations for data-intensive application workloads such as AI, machine learning, deep learning (DL), data analytics, edge computing, and the Internet of Things (IoT).
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe micro data center market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Europe micro data center market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe micro data center market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Micro Data Center Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Component Providers
4.3.2 Manufacturers
4.3.3 Distributors or Suppliers
4.3.4 End Users
4.3.5 List of Vendors in Value Chain:
5. Europe Micro Data Center Market – Key Industry Dynamics
5.1 Europe Micro Data Center Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Advent of IoT, Big Data, Machine Learning, and AI
5.2.2 Increasing Proliferation of Cloud-based Services
5.3 Market Restraints
5.3.1 Lack of Awareness about Benefits of Micro Data Centers
5.4 Market Opportunities
5.4.1 Increasing Deployment of 5G Services
5.4.2 Increasing Focus on Environmentally Friendly Data Centers
5.5 Future Trends
5.5.1 Edge Micro Data Centers
5.6 Impact of Drivers and Restraints:
6. Micro Data Center Market -Europe Market Analysis
6.1 Europe Micro Data Center Market Revenue (US$ Million), 2022 – 2030
6.2 Europe Micro Data Center Market Forecast and Analysis
7. Europe Micro Data Center Market Analysis – Rack Type
7.1 Single Rack
7.1.1 Overview
7.1.2 Single Rack Market Revenue, and Forecast to 2030 (US$ Million)
7.2 Multi Rack
7.2.1 Overview
7.2.2 Multi Rack Market Revenue, and Forecast to 2030 (US$ Million)
8. Europe Micro Data Center Market Analysis – Organization Size
8.1 Large Enterprises
8.1.1 Overview
8.1.2 Large Enterprises Market Revenue, and Forecast to 2030 (US$ Million)
8.2 SMEs
8.2.1 Overview
8.2.2 SMEs Market Revenue, and Forecast to 2030 (US$ Million)
9. Europe Micro Data Center Market Analysis – End User
9.1 IT & Telecom
9.1.1 Overview
9.1.2 IT & Telecom Market Revenue, and Forecast to 2030 (US$ Million)
9.2 BFSI
9.2.1 Overview
9.2.2 BFSI Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Retail
9.3.1 Overview
9.3.2 Retail Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Manufacturing
9.5.1 Overview
9.5.2 Manufacturing Market Revenue, and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Micro Data Center Market -Country Analysis
10.1 Europe
10.1.1 Europe Micro Data Center Market Overview
10.1.2 Europe Micro Data Center Market Revenue and Forecasts and Analysis – by Key Country
10.1.2.1 Europe Micro Data Center Market Revenue and Forecasts and Analysis – by Country
10.1.2.2 Germany Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.2.1 Germany Micro Data Center Market Breakdown by Rack Type
10.1.2.2.2 Germany Micro Data Center Market Breakdown by Organization Size
10.1.2.2.3 Germany Micro Data Center Market Breakdown by End User
10.1.2.3 France Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.3.1 France Micro Data Center Market Breakdown by Rack Type
10.1.2.3.2 France Micro Data Center Market Breakdown by Organization Size
10.1.2.3.3 France Micro Data Center Market Breakdown by End User
10.1.2.4 Italy Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.4.1 Italy Micro Data Center Market Breakdown by Rack Type
10.1.2.4.2 Italy Micro Data Center Market Breakdown by Organization Size
10.1.2.4.3 Italy Micro Data Center Market Breakdown by End User
10.1.2.5 UK Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.5.1 UK Micro Data Center Market Breakdown by Rack Type
10.1.2.5.2 UK Micro Data Center Market Breakdown by Organization Size
10.1.2.5.3 UK Micro Data Center Market Breakdown by End User
10.1.2.6 Russia Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.6.1 Russia Micro Data Center Market Breakdown by Rack Type
10.1.2.6.2 Russia Micro Data Center Market Breakdown by Organization Size
10.1.2.6.3 Russia Micro Data Center Market Breakdown by End User
10.1.2.7 Rest of Europe Micro Data Center Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.2.7.1 Rest of Europe Micro Data Center Market Breakdown by Rack Type
10.1.2.7.2 Rest of Europe Micro Data Center Market Breakdown by Organization Size
10.1.2.7.3 Rest of Europe Micro Data Center Market Breakdown by End User
11. Industry Landscape
11.1 Overview
11.2 Merger and Acquisitions
11.3 Market Initiatives
11.4 New Product Developments
12. COMPANY PROFILES
12.1 Hitachi Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Rittal GmbH & Co KG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Legrand SA
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Schneider Electric SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Vertiv Group Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Eaton Corp Plc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Hewlett Packard Enterprise Development LP
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Delta Electronics Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Huawei Technologies Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Research Team
13.2 Word Index
LIST OF TABLES
Table 1. Europe Micro Data Center Market Segmentation
Table 2. Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million) – Rack Type
Table 4. Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Million) – Organization Size
Table 5. Europe micro data center market Revenue and Forecasts To 2030 (US$ Million) – End User
Table 6. Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Country
Table 7. Germany Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Rack Type
Table 8. Germany Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Organization Size
Table 9. Germany Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by End User
Table 10. France Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Rack Type
Table 11. France Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Organization Size
Table 12. France Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by End User
Table 13. Italy Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Rack Type
Table 14. Italy Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Organization Size
Table 15. Italy Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by End User
Table 16. UK Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Rack Type
Table 17. UK Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Organization Size
Table 18. UK Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by End User
Table 19. Russia Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Rack Type
Table 20. Russia Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Organization Size
Table 21. Russia Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by End User
Table 22. Rest of Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Rack Type
Table 23. Rest of Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by Organization Size
Table 24. Rest of Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn) – by End User
Table 25. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Micro Data Center Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Europe Micro Data Center Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Europe Micro Data Center Market Revenue (US$ Million), 2022 – 2030
Figure 6. Europe Micro Data Center Market Share (%) – Rack Type, 2022 and 2030
Figure 7. Single Rack Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Multi Rack Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Europe Micro Data Center Market Share (%) – Organization Size, 2022 and 2030
Figure 10. Large Enterprises Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. SMEs Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Europe Micro Data Center Market Share (%) – End User, 2022 and 2030
Figure 13. IT & Telecom Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Healthcare Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Europe Micro Data Center Market, by Key Countries, (2022) (US$ Mn)
Figure 20. Micro Data Center Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Germany Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. France Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Italy Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. UK Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Russia Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Rest of Europe Micro Data Center Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Europe Micro Data Center Market
1. Hitachi Ltd
2. Rittal GmbH & Co KG
3. Legrand SA
4. Schneider Electric SE
5. Vertiv Group Corp
6. Eaton Corp Plc
7. Hewlett Packard Enterprise Development LP
8. Delta Electronics Inc
9. Huawei Technologies Co Ltd
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