Feb 24, 2023 | Posted by Abdul-Rahman Oladimeji
As shown by Arizton's most recent research study, the market for data center building in Central and Eastern Europe would expand at a CAGR of 10.64% between 2022 and 2028. Sustained attempts to attract data center operators, expansion in 5G connectivity and construction of edge data centers, and implementation of AI-based technology contribute to developing the data center building market in Central and Eastern Europe. ClusterPower, DATA4, as well as Vantage Data Centers, are the latest entrants in the market for the building of data centers in Central and Eastern Europe. In addition, cloud computing services and technologies will continue to expand throughout the nations of Central and Eastern Europe, resulting in the expansion of huge data centers.
Russia is the biggest market for the development of data centers in Central and Eastern Europe. More than 50,000 square feet of data center space were added to the Russian market. On the other side, nearly 146 thousand square feet of data center space was developed in Poland. In addition, about 26,000 square feet of colo data center space has been developed in the Austrian data center market. Warsaw, Moscow, Prague, and Vienna are among the leading cities in which data center investments have been made. Many additional cities, like Balakovo, Gdask, Murmansk, Katowice, and Zagreb, attracted data center investments based on land area.