Data Center - Ukraine

Ukraine

Revenue in the Data Center market is projected to reach US$416.00m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$205.40m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.14%, resulting in a market volume of US$644.20m 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

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

Over the past few years, the Data Center market in Ukraine has been experiencing significant growth and development.

Customer preferences: Customers in Ukraine are increasingly seeking reliable and secure data storage solutions, leading to a growing demand for Data Center services. With the rise of digitalization and the increasing importance of data security, businesses and organizations are looking for state-of-the-art facilities to host their critical information.

Trends in the market: One notable trend in the Ukrainian Data Center market is the increasing adoption of cloud services. As businesses look to optimize their operations and reduce costs, many are turning to cloud-based solutions, driving the need for more Data Center capacity in the country. Additionally, there is a growing trend towards colocation services, as companies seek to outsource their data management needs to specialized providers.

Local special circumstances: Ukraine's geographical location and political situation play a significant role in shaping the Data Center market. Situated at the crossroads of Europe and Asia, Ukraine serves as a strategic hub for data transit between the two continents. This unique position makes the country an attractive location for Data Center investments, especially for companies looking to establish a presence in both regions.

Underlying macroeconomic factors: The overall economic stability and growth in Ukraine also contribute to the development of the Data Center market. As the country continues to modernize its infrastructure and improve its business environment, more international players are showing interest in investing in the Ukrainian market. This influx of foreign investment is fueling the expansion of the Data Center industry and driving innovation in the sector.

Methodology

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.

Forecasts:

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.