Data Center - Spain

Spain

Revenue in the Data Center market is projected to reach US$4.48bn in 2024.
Network Infrastructure dominates the market with a projected market volume of US$3.45bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 6.05%, resulting in a market volume of US$6.01bn 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.

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

Spain has seen a significant growth in the Data Center market in recent years, driven by various factors influencing the industry.

Customer preferences: Customers in Spain are increasingly prioritizing data security, reliability, and scalability when choosing Data Center services. With the rise of cloud computing and digital transformation initiatives, businesses are looking for Data Centers that can offer advanced security measures, high uptime, and the flexibility to scale their operations as needed.

Trends in the market: One notable trend in the Spanish Data Center market is the increasing demand for colocation services. Many businesses prefer to outsource their data management needs to third-party Data Centers to reduce costs and improve efficiency. This trend is also fueled by the growing amount of data generated by businesses, driving the need for secure and reliable storage solutions. Moreover, there is a rising interest in green Data Centers in Spain, with a focus on sustainability and energy efficiency. As environmental concerns become more prominent, Data Center providers are investing in eco-friendly technologies to reduce their carbon footprint and attract environmentally conscious customers.

Local special circumstances: Spain's geographical location makes it a strategic hub for Data Center investments, serving as a gateway between Europe, Africa, and Latin America. This positioning has attracted international Data Center providers to establish a presence in the country, leading to increased competition and innovation in the market. Furthermore, Spain's supportive government policies and incentives for digital infrastructure development have created a favorable environment for Data Center growth. Initiatives to improve connectivity and promote technology adoption have encouraged investments in Data Center facilities across the country.

Underlying macroeconomic factors: The growing digital economy in Spain, coupled with the increasing adoption of cloud services and data-intensive technologies, has been a key driver for the expansion of the Data Center market. As businesses continue to digitize their operations and embrace emerging technologies like IoT and AI, the demand for Data Center services is expected to remain strong in the coming years. Additionally, the economic recovery and stability in Spain have boosted investor confidence in the Data Center sector, leading to more funding and expansion projects. With the ongoing digital transformation across industries, the Data Center market in Spain is poised for further growth and development in the foreseeable future.

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.