Greece Data Center Market - Investment Analysis & Growth Opportunities 2025-2030

MARKET OUTLOOK

The Greece data center market size by investment is expected to reach USD 2.07 billion by 2030, growing at a CAGR of 16.96% during the forecast period. The country is planning to add over 1,187 thousand square feet area of data center space during 2025-2030. Global cloud service providers such as Google and Microsoft are contributing significantly to the Greece data center market to increase data center area by developing their large hyperscale data center facilities in the country. Furthermore, one of the leading data center operators, Digital Realty has been involved in the development of two data centers covering a total area of around 107.5 thousand square feet in Athens, Greece.

With increasing energy demand and rising electricity costs, data center operators in Greece are adopting renewable energy, which will enhance competition in sustainable energy pricing. Moreover, data center companies including Microsoft and Google are part of the Climate Neutral Data Center Pact, pledging to transition their facility operations with renewable energy sources. Furthermore, the country is committed to generating around 3,100 MW to 3,800 MW of hydrolytic power to enhance renewable energy generation.

Many businesses are transitioning their operations to the cloud and incorporating artificial intelligence (AI) into their operations. Due to the rapid adoption of cloud services, major companies are considering developing hyperscale data centers in the Greece data center market. For instance, in February 2024, Microsoft and Google were involved in the development of their own data centers in the Attica region of Greece to expand their operations.

KEY HIGHLIGHTS

1. Greece’s strategic location, serving as a key connecting point between Europe, Africa, the Middle East, and Asia makes it an attractive destination for data center investments. Athens is emerging as a leading hub in the Greece data center market for advanced data center development, with Thessaloniki following closely behind.
2. The government has implemented the Ultra-Fast Broadband (UFBB) project to offer incentives for infrastructure development in the country to boost high-speed internet connectivity.
3. The ongoing digital transformation in the country positions Greece as one of the regional innovation hubs. The Digital Transformation Bible consists of around 450 projects focusing on enhancing connectivity, digital skills, and public services for enhancing the growth of digitalization across diverse industries.
4. Greece is witnessing a rapid surge in submarine cable deployment. For instance, in January 2024, Sparkle has planned to develop a new submarine cable system, GreenMed, which will connect Greece with Italy via Crete and other Mediterranean countries.
5. The significant surge in digitalization will lead to the requirement of processing and storing huge data requiring the development of more data centers across the country. In 2024, new entrants such as Data4, EDGNEX Data Centres by DAMAC, Apto, and Serverfarm will be involved in the development of their data centers in Greece.
6. As AI adoption is increasing, operators are developing AI-ready data centers with huge computational powers in the Greece data center market. For instance, in November 2024, a French data center company, Data4 was involved in the development of a new AI-ready data center facility in Athens.
7. Greece is committed to generating around 61% of renewable energy by 2030, according to its National Energy and Climate Plan.

WHY SHOULD YOU BUY THIS RESEARCH?

1. Market size available in the investment, area, power capacity, and Greece colocation market revenue.
2. An assessment of the data center investment in Greece by colocation, hyperscale, and enterprise operators.
3. Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
4. A detailed study of the existing Greece data center market landscape, an in-depth industry analysis, and insightful predictions about the Greece data center market size during the forecast period.
5. Snapshot of existing and upcoming third-party data center facilities in Greece
6. Facilities Covered (Existing): 16
7. Facilities Identified (Upcoming): 05
8. Coverage: 5+ Cities
9. Existing vs. Upcoming (Data Center Area)
10. Existing vs. Upcoming (IT Load Capacity)
11. Data Center Colocation Market in Greece
12. Colocation Market Revenue & Forecast (2021-2030)
13. Retail vs Wholesale Colocation Revenue Market Revenue & Forecast (2021-2030)
14. Retail & Wholesale Colocation Pricing
15. The Greece data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
16. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
17. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
18. A transparent research methodology and the analysis of the demand and supply aspects of the industry.

VENDOR LANDSCAPE

1. Some of the key investors in the Greece data center market include Digital Realty, Data4, EDGNEX Data Centres by DAMAC, Apto, Serverfarm, Synapsecom Telecom S.A. and Sparkle (Telecom Italia).
2. The Greece data center market consists of both global and local construction contractors such as AECOM, LDK Consultants, Ellaktor Group, Hill International, and Metlen Energy and Metals.
3. There is a slight variation and fluctuation in construction costs in the country due to land-related activities.
4. The Greece data center market includes several global support infrastructure providers including 3M, ABB, Airedale, Carrier, Caterpillar, Cummins, Condair Group, Daikin Applied, Eaton, Rehlko, Legrand, Mitsubishi Electric, Munters, Perkins Engines, Rittal, Schneider Electric, STULZ, Socomec Group, Siemens, Teane Technologies, Verti, and others.

EXISTING VS. UPCOMING DATA CENTERS

1. Existing Facilities in the Region (Area and Power Capacity)
2. Athens
3. Other Cities
4. List of Upcoming Facilities in the Region (Area and Power Capacity)
5. Athens
6. Other Cities

REPORT COVERAGE:

This report analyses the Greece data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:

1. IT Infrastructure
2. Servers
3. Storage Systems
4. Network Infrastructure
5. Electrical Infrastructure
6. UPS Systems
7. Generators
8. Transfer Switches & Switchgears
9. PDUs
10. Other Electrical Infrastructure
11. Mechanical Infrastructure
12. Cooling Systems
13. Rack Cabinets
14. Other Mechanical Infrastructure
15. Cooling Systems
16. CRAC & CRAH Units
17. Chiller Units
18. Cooling Towers, Condensers & Dry Coolers
19. Other Cooling Units
20. General Construction
21. Core & Shell Development
22. Installation & Commissioning Services
23. Engineering & Building Design
24. Fire Detection & Suppression Systems
25. Physical Security
26. Data Center Infrastructure Management (DCIM)
27. Tier Standard
28. Tier I & Tier II
29. Tier III
30. Tier IV

VENDOR LANDSCAPE

1. IT Infrastructure Providers: Broadcom, Cisco Systems, Dell Technologies, Extreme Networks, Fujitsu, Hewlett Packard Enterprise, Huawei Technologies, IBM, Juniper Networks, NEC Corporation, NetApp, Oracle, and Super Micro Computer.
2. Data Center Construction Contractors & Sub-Contractors: Aecom, LDK Consultants, Ellaktor Group, Metlen Energy & Metals, Renco, TERNA, and Hill International.
3. Support Infrastructure Providers: 3M, ABB, Airedale, Carrier, Caterpillar, Cummins, Condair Group, Daikin Applied, Eaton, Rehlko, Legrand, Mitsubishi Electric, Munters, Perkins Engines, Rittal, Schneider Electric, STULZ, Socomec Group, Siemens, Trane Technologies, and Vertiv.
4. Data Center Investors: CloudRock, Digital Realty, Friktoria, Sparkle (Telecom Italia), Lancom, and Synapsecom Telecom S.A.
5. New Entrants: Data4, EDGNEX Data Centres by DAMAC, Apto, and Serverfarm.