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The "Data Center Market in Western Europe - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The "Data Center Market in Western Europe - Industry Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

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COVID-19 is going to affect the data center market in Western Europe. A detailed analysis is included in the report.
The data center market in Western Europe by investment is expected to grow at a CAGR of over 1% during the period 2019-2025.
The implementation of the General Data Protection Regulations (GDPR) is expected to boost the data center market in Western Europe. As cloud-based services in Western Europe include hosting database, office software, financial and accounting, managing customer relationships and computer services, the demand for colocation, managed, and cloud-connectivity services will gain momentum.
Several SMEs are looking to adopt cloud services such as PaaS and SaaS, and it is expected that more than 90% of SMEs in Western Europe will operate businesses through the cloud by 2024. The demand for hybrid infrastructure services is expected to grow at a CAGR of over 25% during the forecast period.
The increase in demand for data center services in Europe has led to the rise in merger and acquisition agreements. Also, data center construction is still growing at a significant rate, with large service providers investing in new construction and expansions in the European region. Besides, the data center colocation market in Europe is also witnessing increased interest from real estate and investment firms.
The Europe data center market witnessed significant mergers and acquisition activities by US-based and APAC-based organizations. In 2019, QTS Realty Trust entered the market through the acquisition of TCN SIG Telehousing BV in the Netherlands. The market is also witnessing an increase in partnerships to develop and expand data center presence. For instance, Equinix partnered with GIC to invest over $1 billion for expansion activities in Europe in 2019.
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