15 February 2021 | Melanie Mingas The European data centre market could see as much as €9 billion in capex over the coming 24 months, but the funds won't be concentrated in the usual markets. Assessing 70 third party data centre developments projects across 12 European countries a new report called Data Centre Developments in Europe – 2021, concluded that total capex is expected to reach €9 billion to 2023. The continent is on track to see the development of more than 850,000 m2 of potential raised floor space with over 1,500 MW of power once complete. The major hubs of Frankfurt, London, Amsterdam and Paris are expected to see "relatively low levels of growth", with Germany ranking seventh out of 12 markets on percentage terms, while France came in 10