Data Center - Ukraine

  • Ukraine
  • Revenue in the Data Center market is projected to reach US$478.90m in 2024.
  • Network Infrastructure dominates the market with a projected market volume of US$264.30m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.45%, resulting in a market volume of US$592.10m by 2028.
  • In global comparison, most revenue will be generated in the United States (US$99.16bn in 2024).

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

Region comparison

Analyst Opinion

The Data Center market in Ukraine is experiencing significant growth and development in recent years.

Customer preferences:
Customers in Ukraine are increasingly demanding reliable and efficient data center services. They prioritize data security, high-speed connectivity, and scalability to accommodate their growing business needs. Additionally, customers are seeking data centers that are environmentally friendly and energy-efficient, as sustainability has become an important factor in their decision-making process.

Trends in the market:
One of the key trends in the Data Center market in Ukraine is the increasing adoption of cloud computing services. As businesses in Ukraine recognize the benefits of cloud computing, such as cost savings, flexibility, and scalability, they are increasingly moving their data and applications to the cloud. This trend is driving the demand for data center services in the country. Another trend in the market is the growing importance of edge computing. With the proliferation of Internet of Things (IoT) devices and the need for real-time data processing, businesses in Ukraine are seeking data centers that are located closer to their end-users. Edge data centers enable faster data processing and reduce latency, which is crucial for applications that require real-time responsiveness.

Local special circumstances:
Ukraine has a strategic geographical location, making it an attractive destination for data center investments. It serves as a gateway between Europe and Asia, providing a favorable environment for international data center operators and cloud service providers to establish their presence in the region. The country's proximity to major European markets also enables low-latency connectivity, which is crucial for businesses that require fast and reliable data transfer.

Underlying macroeconomic factors:
The growth of the Data Center market in Ukraine is supported by several macroeconomic factors. The country has a large and growing population, which creates a strong demand for digital services and drives the need for data center infrastructure. Additionally, Ukraine has a well-educated and skilled workforce, making it an attractive destination for technology companies and data center operators. The government has also implemented favorable policies and incentives to attract foreign investments in the data center sector, further fueling its growth. In conclusion, the Data Center market in Ukraine is experiencing significant growth and development due to customer preferences for reliable and efficient data center services, the increasing adoption of cloud computing and edge computing, the country's strategic geographical location, and favorable macroeconomic factors. As businesses in Ukraine continue to embrace digital transformation and the demand for data center services increases, the market is expected to further expand in the coming years.


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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