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Outlook on the Data Center Physical Security Global Market to 2026 - Featuring ABB, Boon Edam and Horton Automatics Among Others
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Outlook on the Data Center Physical Security Global Market to 2026 - Featuring ABB, Boon Edam and Horton Automatics Among Others
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The Data Center Industry in Western Europe and Nordic Region is Expected to Reach $12 Billion by 2026
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In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Western Europe and Nordic Data Center Market Report
The Western Europe and Nordic data center market by investment is expected to grow at a CAGR of approx. 4% during the period 2020-2026.
The market witnessed supply chain-related challenges in Q1 and Q2 2020 for both IT infrastructure and support infrastructure providers. However, these recovered in Q3 2020. The market growth was aided by previously announced projects and expansions of facilities in a few locations where data centers were deemed essential services. A majority of the demand for data center services is contributed by cloud-based service providers.
Insights on the Western Europe and Nordic Data Center
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The Southeast Asia data center market by investment is expected to grow at a CAGR of over 8% during the period 2021-2026.
The data center market in Southeast Asia is growing significantly, with multiple investments in Singapore, Indonesia, Malaysia, Vietnam, Cambodia, and Thailand. Southeast Asia is among the fastest-growing digital markets worldwide. The internet usage and social media trends have increased the demand for faster internet networks and data centers to store data generated by them. The internet penetration is one of the strongest drivers for the data center market in Southeast Asia.