Greece Data Center Colocation Market to Grow at CAGR of 26.92% from 2024 to 2030

Strategic Insights -

The Greece data center colocation market is expected to experience significant growth over the next six years, driven by investments in advanced facilities and the development of an additional seven data center facilities in Athens. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 26.92% from 2024 to 2030. Currently, Greece has around 15 operational colocation data centers.

Key Takeaways:

  • The Greece data center colocation market is expected to grow at a CAGR of 26.92% from 2024 to 2030.
  • The number of colocation data centers in Greece is expected to increase to over 22 facilities by 2030, with Athens being the primary center for data center growth.
  • Existing colocation operators in Greece include Digital Realty, Cloudrock, and Friktoria, while new entrants in the market include Data4 Group and DAMAC Digital.
  • The Greek data center industry is driven by factors such as the development of advanced facilities, investments in cloud connectivity, and sustainability initiatives.
  • Colocation market revenue is expected to reach $255 million by 2030, with retail colocation revenue accounting for the majority of the market share.

Statistics:

  • The Greece data center colocation market is expected to grow at a CAGR of 26.92% from 2024 to 2030.
  • The number of colocation data centers in Greece is expected to increase to over 22 facilities by 2030.
  • The total IT power capacity of existing and upcoming data centers in Greece is expected to reach 146 MW by 2030.
  • The colocation market revenue is expected to reach $255 million by 2030, with retail colocation revenue accounting for $171 million and wholesale colocation revenue accounting for $84 million.
  • The most prominent industries driving data center demand in Greece are Cloud/IT, BFSI, and Manufacturing.

Sources:

  • ResearchAndMarkets.com's "Greece Data Center Colocation Market - Supply & Demand Analysis 2025-2030" report.
  • existing and upcoming colocation data center facilities in Greece.
  • The Greek data center industry is expected to grow at a CAGR of 26.92% from 2024 to 2030.

Reference:

https://www.researchandmarkets.com/r/cj0srj

https://www.businesswire.com/news/home/20251028004222/en/

Report Attribute Details

No. of Pages

56

Forecast Period

2024 - 2030

Estimated Market Value (USD) in 2024

$61 Million

Forecasted Market Value (USD) by 2030

$255 Million

Compound Annual Growth Rate

26.9%

Regions Covered

Greece