Data Center - Austria

Austria

Revenue in the Data Center market is projected to reach US$2.07bn in 2024.
Network Infrastructure dominates the market with a projected market volume of US$1.37bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.98%, resulting in a market volume of US$2.64bn by 2029.
In global comparison, most revenue will be generated in the United States (US$123.20bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

Amid the picturesque landscapes and historic charm of Austria, the Data Center market is experiencing a notable surge in growth and development.

Customer preferences: In Austria, customers are increasingly demanding high-quality and secure data storage solutions to meet the growing digital needs of businesses and individuals. The preference for energy-efficient and sustainable data centers is also on the rise as environmental concerns become more prominent in the decision-making process.

Trends in the market: One of the key trends shaping the Data Center market in Austria is the rapid adoption of cloud services. This shift towards cloud-based solutions is being primarily driven by the need for scalability, flexibility, and cost-efficiency. Additionally, the demand for edge computing capabilities is gaining traction as businesses seek to reduce latency and improve overall performance.

Local special circumstances: Austria's strategic location in the heart of Europe makes it an attractive hub for data center investments. The country's stable political environment, advanced digital infrastructure, and skilled workforce further contribute to its appeal for data center operators. Moreover, Austria's commitment to renewable energy sources aligns with the growing emphasis on sustainability within the Data Center market.

Underlying macroeconomic factors: The flourishing Data Center market in Austria is closely linked to the country's robust economic performance and digital transformation efforts. As businesses increasingly rely on data-driven insights and cloud services, the demand for state-of-the-art data center facilities continues to grow. Furthermore, government initiatives to promote innovation and technology adoption play a crucial role in driving the expansion of the Data Center market in Austria.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.