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

MARKET OUTLOOK

The Spain data center market will witness investments of USD 4.30 billion by 2030, growing at a CAGR of 11.39% during the forecast period. Investment opportunities in Spain will be driven by digitalization, government-led digital transformation, AI, and renewable energy. The Spain data center market is set to grow with continued joint ventures between local and foreign companies to establish data centers. For instance, in September 2024, Iberdrola launched a CPD4Green, a joint venture for the development of data centers supporting the AI sector in Spain and other regions.

Due to the continuous surge in electricity costs and growing demand for electricity because of rising data center constructions, the companies in the Spain data center market will be transitioning towards renewable energy sources adoption which in turn will raise competitiveness in sustainable energy pricing. Also, the investments are driven significantly in the Spain data center market because of the presence of major cloud providers in the country such as Microsoft, Google, and AWS. For instance, in June 2024, Oracle invested around USD 1 billion in launching its third cloud region in Spain in partnership with Telefonica Espana. Also, in Spain, 5G deployment is resulting in the development of edge data centers to process data closer to the end user along with minimizing latency. For instance, in February 2024, Azora launched Quetta Data Centers, an edge data center platform with an investment of around USD 538.5 million for the development of six data centers across Spain and Portugal in collaboration with Core Capital.

Spain consists of around four free trade zones across Ceuta, Melilla, Cadiz, Vigo, and Canary Islands, which offer over a 4% reduction in corporate tax and reduced VAT of around 7% along with stamp duty exemptions in these regions. Furthermore, Spain is enhancing renewable energy adoption, and the country has set its goal to increase its renewable energy capacity to over 80% by 2030. The country is implementing several initiatives to support renewable energy adoption. For instance, in May 2024, Digital Realty signed five Power Purchase Agreements to procure around 134 MW of renewable energy from solar and wind projects to power its data centers.

KEY HIGHLIGHTS

1. Companies in the Spain data center market are procuring renewable energy for their operations. For instance, Nabiax powers its data center facilities with 100% renewable energy and the firm also promotes sustainable initiatives such as district heating, reusing the excess amount of heat generated to serve local communities enhancing energy efficiency.
2. The Spanish government has introduced FP Conecta, a digital platform that connects vocational training students, teachers, and companies enhancing job opportunities and skills alignment across the country to address the concern related to workforce shortages in the country.
3. The Spain data center industry is witnessing significant investment in AI-ready data centers. For instance, in October 2024, EDGNEX Data Centers by DAMAC planned to construct a new AI-ready data center in Madrid with a power capacity of around 40 MW to enhance AI and HPC capabilities.
4. Spain is advancing digitalization rapidly, with strong support from the government to enhance digital transformation across the public and private sectors to enhance operations. Various companies are shifting their workloads to the cloud such as BBVA, a financial services and insurance company has shifted its workloads to Google Cloud for enhancing digital solutions and boosting customer experience.
5. Rapid digitalization will lead to the requirement of processing and storing huge data requiring the development of more data centers to process huge data to address the demand for growing digitalization across the country. In 2024, the Spain data center market witnessed new entrants such as AQ Compute, Atlantic Data Infrastructure, Best Wonder Business, Compass Data Centers, Form8tion Data Centers, Ingenostrum, Global Technical Realty, Prime Data Centers, and others. This will boost competition in the future, leading to higher revenue generation for contractors and infrastructure vendors.
6. As AI-ready data centers are gaining priority in the market, the demand for liquid cooling solutions is expected to grow significantly. For instance, CyrusOne has invested in implementing a resilient ring chilled water-cooling system in its MAD1 data center facility.

WHY SHOULD YOU BUY THIS RESEARCH?

1. Market size available in the investment, area, power capacity, and Spain colocation market revenue.
2. An assessment of the data center investment in Spain 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 Spain data center market landscape, an in-depth industry analysis, and insightful predictions about the Spain data center market size during the forecast period.
5. Snapshot of existing and upcoming third-party data center facilities in Spain
6. Facilities Covered (Existing): 62
7. Facilities Identified (Upcoming): 22
8. Coverage: 19+ Cities
9. Existing vs. Upcoming (Data Center Area)
10. Existing vs. Upcoming (IT Load Capacity)
11. Data center colocation market in Spain
12. Colocation Market Revenue & Forecast (2021-2030)
13. Retail vs Wholesale Colocation Revenue & Forecast (2021-2030)
14. Retail & Wholesale Colocation Pricing
15. The Spain 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 market.
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 market.

VENDOR LANDSCAPE

1. The Spain data center market has the presence of several global support infrastructure providers that will increase its competitiveness in the market. Some of the support infrastructure vendors present in the Spain data center market include ABB, Caterpillar, Cummins, Delta Electronics, Eaton, GESAB, Legrand, Pillar Power Systems, Rittal, Rolls-Royce, Schneider Electric, STULZ, Vertiv, and others.
2. Some of the key colocation data center investors in the Spain data center market include Adam Ecotech, Aire Networks, AtlasEdge, Colt Data Centre Services, CyrusOne, Data4, Digital Realty, EdgeConneX, Equinix, Global Switch, Iron Mountain, Merlin Properties, Nabiax, NTT DATA, and others.
3. The Spain data center market has several local and global construction contractors operating in the market including ACS Group, Arup, AEON Engineering, ARSMAGNA GROUP, CapIngelec, Ramboll, Ferrovial, IDOM, ISG, Hill International, Mercury, and others that have been offering their services in the market. For instance, Mercury has provided its services for the construction of Equinix’s BA2 data center facility in Barcelona, Spain.

EXISTING VS. UPCOMING DATA CENTERS

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

REPORT COVERAGE:

This report analyses the Spain 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. DCIM
27. Tier Standard
28. Tier I & Tier II
29. Tier III
30. Tier IV
31. Geography
32. Madrid
33. Other Cities

VENDOR LANDSCAPE

1. IT Infrastructure Providers: Arista Networks, Atos, Broadcom, Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise, IBM, Juniper Networks, Lenovo.
2. Data Center Construction Contractors & Sub-Contractors: ACS Group, AEON Engineering, Arup, ARSMAGNA GROUP, CapIngelec, Ramboll, Ferrovial, IDOM, ISG, Hill International, Mercury, PQC, Quark Unlimited Engineering.
3. Support Infrastructure Providers: ABB, Caterpillar, Cummins, Delta Electronics, Eaton, GESAB, Legrand, Pillar Power Systems, Rittal, Rolls-Royce, Schneider Electric, STULZ, Vertiv.
4. Data Center Investors: Adam Ecotech, Aire Networks, AtlasEdge, Colt Data Centre Services, CyrusOne, Data4, Digital Realty, EdgeConneX, Equinix, Global Switch, Iron Mountain, Merlin Properties, Microsoft, Nabiax, NTT DATA, Templus.
5. New Entrants: AQ Compute, Atlantic Data Infrastructure, Best Wonder Business, Compass Data Centers, Form8tion Data Centers, Ingenostrum, Nethits’ Telecom, Global Technical Realty, Pannatoni, Prime Data Centers, Quetta Data Centers, QTS Data Centers, EDGNEX Data Centres By DAMAC, Pure Data Centres, AVAIO Digital.