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Follow on Google News |  Are Fuel Cells an Alternative to High Power Cost in the Data Center Colocation Market in Europe?High electricity cost is boosting the adoption of fuel cells and other hydrogen-powered cells in the data center colocation market in Europe.
The data center colocation market in EMEA is expected to witness investments of around $10 billion by 2023, growing at a CAGR of approximately 8% during 2017-2023. The research report offers market size analysis regarding colocation services during the forecast period. Electrical infrastructure segment to grow at a considerable CAGR in the data center colocation market in Europe during the forecast period The data center colocation market in Europe by investment is segmented into electrical infrastructure, mechanical infrastructure, and general construction. The electrical infrastructure segment dominated the largest market share in 2017, growing at a CAGR of more than 7% during the forecast period. The market research report offers market share analysis of this segment by power capacity (MW) and square feet area during 2017-2023. The increasing focus on procurement and adoption of efficient, require less maintenance, and reduce space systems are propelling the growth of this segment in the European market. High electricity cost in countries such as the UK, Germany, and Ireland with an average of $0.15 per kWh is boosting the adoption of fuel cells and other hydrogen-powered cells in the data center colocation market in Europe. The European Union (EU) granted $8.6 million for the Everywhere project to build proton exchange membrane (PEM) hydrogen fuel cells to replace diesel generator across industries in the market. The installation of fuel cells is expected to reduce to the power costs to $0.12per kWh across countries in the European market. Fuel cell power infrastructure can provide an efficiency of up to 85% during an emergency. Also, the integration of these cells will help reduce carbon emissions and promote sustainability in the data center colocation market in Europe. Wholesale services to grow at an impressive CAGR in the data center colocation market in Europe during the forecast period The service type segment in the data center colocation market in Europe is classified into retail and wholesale. The wholesale colocation services are the fastest growing segment in the market, at a CAGR of more than 13% during the forecast period. In 2017, various large enterprise businesses and global cloud providers were the largest users of wholesale services in the European market. The leading service providers are offering customized wholesale colocation solutions, where the pre-leased customer can work with the service provider to design and develop the facility according to the customer's IT infrastructure operational requirement. Personalization of services will boost the demand for these services in the data center colocation market in Europe. The increasing demand for high computing capacity from various enterprises and the implementation of GDPR are primary factors attributing to the growth of this segment in the European market. Leading cloud providers such as AWS, Microsoft, IBM, OVH, Google, T-Systems, and Oracle offering innovative solutions will boost the demand in the market. The demand for innovative power, cooling and rack solutions will drive the need for these services in the data center colocation market in Europe. Request for your free sample today! (https://www.arizton.com/ Nordic to grow at a significant CAGR in the data center colocation market in Europe during the forecast period The data center colocation market in Europe by geography is divided into Western Europe, Nordic, Eastern Europe, and the Middle East and Africa.The Nordic region occupied the second largest market share in 2017, growing at a CAGR of approximately 12% during the forecast period. The deployment of hyperscale facilities, spanning over 200,000 square feet, and rack power density of up to 40kW is propelling the growth of the Nordic region in the European market. The rising number of submarine projects in countries such as Denmark, Sweden, and Norway that connect other European countries such as the UK, Germany, the Netherlands, France, and the US will boost revenues in the Nordic region in the data center colocation market in Europe. The datacenter construction in the Nordic region with on-site substations from renewable energy generation plants will attract new investments in the market. Denmark, Sweden, Finland, Norway, and Iceland are the largest revenue generators in the Nordic region in the data center colocation market in Europe. The other prominent players in the data center colocation market in EMEA are 3data, Aruba S.P.A., Atman (ATM S.A.), Basefarm (Orange Group), Bezeq International, CenturyLink (Level 3), Cyxtera Technologies, dcstar, Digiplex, Euclyde, Flexential, Fortlax, Global Connect, Green Datacenter AG, Hydro66, Iliad Data Center, Internap, Interoute (GTT Communications) The complete overview of the latest market research report on the data center colocation market in Europe (https://www.arizton.com/ The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries. End
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