October 2023 EMEA Data Centre Update

MARKET INSIGHTS

EMEA

The EMEA region is witnessing a strong boom for demand and data centre investments, in the prominent markets as well as secondary markets. Currently, EMEA region has 6.9GW of total operational capacity with 2GW under construction and 5.4GW in planned stages. The top markets in Europe - London, Amsterdam, Frankfurt, Dublin, and Paris continue to see rise in capacity despite the headwinds emerging from power availability and sustainability regulations. This has led to increasing interest of data centre operators in secondary markets such as Madrid, Milan, Stockholm, Copenhagen, Oslo, and Warsaw. The Nordic countries, including Denmark, Finland, Norway, and Sweden, have immense potential, as they presently contribute 12% of the total data centre pipeline (UC and planned) of the entire region; and are expected to increase in attractiveness for data centre investment. In the Middle East, Riyadh and Johannesburg in South Africa are steadily emerging owing to their reliable connectivity, market size, and hyperscale service providers establishing themselves in region.

The top global hyperscale cloud service providers (CSPs) are investing in secondary markets such as Brussels, Warsaw, Zaragoza, and Copenhagen, with over 150MW of combined under construction capacity underway. The presence of CSPs is likely to attract some of the major colocation data centre operators, developers, and investors to these emerging markets. To track the robust data centre markets in the EMEA region, and to understand their rapid growth, for the first time, we have introduced our Europe, Middle East, and Africa Data Centre Maturity Index . This report provides a comprehensive data centre outlook for 18 notable markets: London, Frankfurt, Dublin, Amsterdam, Paris, Madrid, Milan, Riyadh, Stockholm, Copenhagen, Johannesburg, Oslo, Warsaw, Brussels, Zurich, Istanbul, Lisbon, and Prague.