Italy Data Center Market to Witness Investment of $3.65 Billion by 2028, Google Partnered with TIM, an Italian Telco, for its Cloud Region in Milan - Arizton
CHICAGO, April 20, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Italy data center market will grow at a CAGR of 3.29% from 2022-2028.
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BROWSE IN-DEPTH TOC OF THE ITALY DATA CENTER MARKET????
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Italy is a prominent and emerging data center market in Western Europe. There is a high demand for cloud services from Italian enterprises. In December 2021, the country's Government allocated around $950 million to develop a national cloud to migrate its workloads carrying sensitive data to the cloud, which will be completed by the end of 2025. Investments in Italy data centers will be driven by submarine cable deployment, cloud migration, 5G deployment, and other digitalization initiatives. The advent of new entrants will provide significant data center investments during the forecast period.
Italy Data Center Market Report Scope
Milan is a prominent data center hub in Italy and hosts the country's maximum number of facilities, constituting over 26% of the existing data center area. A strong base of hyperscale operators and colocation data center providers leads Milan.
The increasing demand for cloud services from huge industries has made it a hub for cloud service providers such as Microsoft, Amazon Web Services, and Google. In June 2022, Google partnered with TIM, an Italian telco, and opened a cloud region in Milan. Further, the Italy data center market has a presence of local and global colocation and telecom operators such as Aruba, Equinix, Irideos, Telecom Italia, and SUPERNAP Italia, among others. The growing digitalization and introduction of new submarine cables expand the country's data center footprint. There are 24 submarine cables and nine upcoming ones, increasing the country's digital connectivity.
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The report includes the investment in the following areas:
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
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Netherlands Data Center Market - Investment Analysis & Growth Opportunities 2022-2027: The Netherlands data center market to reach USD 4.71 billion by 2027. The digitalization across the Netherlands, driven by COVID-19, deployment of 5G services, the impact of the Climate Neutral Data Centre Pact, and improved connectivity with other European countries, such as the UK, Belgium, Ireland, and others, makes the Netherlands data center market an attractive industry to investors.
Germany Data Center Market - Investment Analysis & Growth Opportunity 2022-2027: The Germany data center market to reach $7.33 billion by 2027. The Government of Germany is making a continuous effort to improve the country's digital economy. By 2025, the German government wants to invest $3.09 billion in AI research and development. Cloud operators and colocation operators highly dominate the industry. Also, the Germany data center market is witnessing the entry of a new investor, Yondr, who plans to build a facility in the country.
Table of Content
Chapter 1: Existing & Upcoming Third-Party Data Centers in the Italy
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