Growth Predicted for European Market

Data Center Knowledge (Sep 24 2010)

1. New reports on the London data center market and Western Europe show increases in demand, but fundamental shifts underway. Meanwhile, European colocation provider Interxion co-chairs a Green Grid committee. BroadGroup – European Data Center market The Broad Group released its third bi-annual report on the European Data Center Market. It showed demand and investment in Europe increasing, but noted that power supply and financing issues will curb expansion. The report identifies close to 20 million square feet of third party data center space in 17 Western Europe markets, with the UK and Germany tied in terms of importance. BroadGroup predicts a growth rate of around 14 percent annually and believes it could be much higher if some wholesale builds can gain funding and attract large corporate customers. The report also hints at shifts in the market taking place as providers pursue new market segments, adapt new business models and enter multiple ... (Read Full Article)

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