Data Center - Spain

  • Spain
  • Revenue in the Data Center market is projected to reach US$4.48bn in 2024.
  • Network Infrastructure dominates the market with a projected market volume of US$3.45bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 6.05%, resulting in a market volume of US$6.01bn by 2029.
  • In global comparison, most revenue will be generated in the United States (US$123.20bn in 2024).

Key regions: United States, Germany, India, Japan, China

Region comparison

Analyst Opinion

Spain has seen a significant growth in the Data Center market in recent years, driven by various factors influencing the industry.

Customer preferences:
Customers in Spain are increasingly prioritizing data security, reliability, and scalability when choosing Data Center services. With the rise of cloud computing and digital transformation initiatives, businesses are looking for Data Centers that can offer advanced security measures, high uptime, and the flexibility to scale their operations as needed.

Trends in the market:
One notable trend in the Spanish Data Center market is the increasing demand for colocation services. Many businesses prefer to outsource their data management needs to third-party Data Centers to reduce costs and improve efficiency. This trend is also fueled by the growing amount of data generated by businesses, driving the need for secure and reliable storage solutions. Moreover, there is a rising interest in green Data Centers in Spain, with a focus on sustainability and energy efficiency. As environmental concerns become more prominent, Data Center providers are investing in eco-friendly technologies to reduce their carbon footprint and attract environmentally conscious customers.

Local special circumstances:
Spain's geographical location makes it a strategic hub for Data Center investments, serving as a gateway between Europe, Africa, and Latin America. This positioning has attracted international Data Center providers to establish a presence in the country, leading to increased competition and innovation in the market. Furthermore, Spain's supportive government policies and incentives for digital infrastructure development have created a favorable environment for Data Center growth. Initiatives to improve connectivity and promote technology adoption have encouraged investments in Data Center facilities across the country.

Underlying macroeconomic factors:
The growing digital economy in Spain, coupled with the increasing adoption of cloud services and data-intensive technologies, has been a key driver for the expansion of the Data Center market. As businesses continue to digitize their operations and embrace emerging technologies like IoT and AI, the demand for Data Center services is expected to remain strong in the coming years. Additionally, the economic recovery and stability in Spain have boosted investor confidence in the Data Center sector, leading to more funding and expansion projects. With the ongoing digital transformation across industries, the Data Center market in Spain is poised for further growth and development in the foreseeable future.


Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.


  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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