Greece Data Center Market Report 2024: Market Projected at 9.91% CAGR through 2029, Reaching a Projected USD 1.34 Billion

Dublin, April 11, 2024 (GLOBE NEWSWIRE) -- The "Greece Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to's offering.

Greece's Data Center Market was valued at USD 763.80 million in 2023, and is projected to reach USD 1.34 billion by 2029, showcasing a CAGR of 9.91%.

Greece's strategic location and economic stability make the Greece data center market an attractive destination for investments, drawing major global players like Microsoft, Google, and Digital Realty. Once stressed by a financial crisis, Greece is now experiencing robust economic growth, attracting investors and stakeholders. Greece anticipates a 2.9% economic growth in 2024.

Fueled by foreign investment, the digital transformation positions Greece as a regional innovation hub. The Greece 2.0 recovery plan allocates over $2.74 billion for digital transformation, aiming to make Greece a global tech hub. Greece is witnessing a surge in submarine cable deployments. For instance, in May 2023, Tamares Telecom and Grid Telecom unveiled their collaborative project, ANDROMEDA, a subsea cable set to link Israel, Cyprus, and Greece.

The country is witnessing a significant improvement in its employment. In Q3 2023, Greece saw a 10.8% decrease in unemployment, as the Hellenic Statistical Authority reported. Cosmote, the largest operator in the region, aims to cover 90% of the country's population with 5G connectivity by the end of 2023.


  • Market size regarding investment, area, power capacity, and Greece colocation market revenue is available.
  • An assessment of the data center investment in Greece by colocation and enterprise operators.
  • Investments in the area (square feet) and power capacity (MW) across locations in the country.
  • A detailed study of the existing Greece data center market landscape, an in-depth market analysis, and insightful predictions about Greece data center market size during the forecast period.
  • Snapshot of existing and upcoming third-party data center facilities in Greece
  • Data Center Colocation Market in Greece
  • The Greece data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
  • A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and market prospects.
  • Provide a business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
  • A transparent research methodology and the analysis of the demand and supply aspects of the market.


IT Infrastructure Providers

  • Broadcom
  • Cisco Systems
  • Dell Technologies
  • Extreme Networks
  • Fujitsu
  • Hewlett Packard Enterprise
  • Huawei Technologies
  • IBM
  • Juniper Networks
  • NEC
  • NetApp
  • Oracle
  • Super Micro Computer

Data Center Construction Contractors & Sub-Contractors

  • LDK Consultants
  • Mytilineos S.A.

Support Infrastructure Providers

  • 3M
  • ABB
  • Airedale International Air Conditioning
  • Carrier
  • Caterpillar
  • Cummins
  • Condair
  • Daikin Applied
  • Eaton
  • Kohler SDMO
  • Legrand
  • Mitsubishi Electric
  • Munters
  • Perkins Engines
  • Rittal
  • Schneider Electric
  • Socomec
  • Siemens
  • Trane
  • Vertiv

Data Center Investors

  • Digital Realty (Lamda Helix)
  • Microsoft
  • Telecom Italia Sparkle
  • Synapsecom Telecom


  • Existing Facilities in the Region (Area and Power Capacity)
  • Athens
  • Other Cities
  • List of Upcoming Facilities in the Region (Area and Power Capacity)

This report analyses the market share of the Greek data center. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards.


  • How much is the Greece data center market investment expected to grow?
  • How many data centers have been identified in Greece?
  • What is the growth rate of the Greece data center market?
  • What are the driving factors for the Greece data center market?
  • Who are the key investors in the Greece data center market?

Key Attributes:

Report AttributeDetails
No. of Pages99
Forecast Period2023 - 2029
Estimated Market Value (USD) in 2023$763.8 Million
Forecasted Market Value (USD) by 2029$1346.6 Million
Compound Annual Growth Rate9.9%
Regions CoveredGreece

Key Topics Covered:

1. Existing & Upcoming Third-Party Data Centers in Greece
1.1. Historical Market Scenario
1.2. 15+ Unique Data Center Properties
1.3. Data Center IT Load Capacity
1.4. Data Center White Floor Area Space
1.5. Existing vs. Upcoming Data Center Capacity by Cities
1.6. Cities Covered
1.6.1. Athens
1.6.2. Other Cities
1.7. List of Upcoming Data Center Facilities

2. Investment Opportunities in Greece
2.1. Microeconomic and Macroeconomic Factors of Greece Market
2.2. Data Center Investments
2.3. Investment by Area
2.4. Investment by Power Capacity

3. Data Center Colocation Market in Greece
3.1. Colocation Services Market in Greece
3.2. Colocation Pricing & Add-Ons

4. Market Dynamics
4.1. Market Drivers
4.2. Market Trends
4.3. Market Restraints

5. Market Segmentation
5.1. IT Infrastructure: Market Size & Forecast
5.2. Electrical Infrastructure: Market Size & Forecast
5.3. Mechanical Infrastructure: Market Size & Forecast
5.4. General Construction Services: Market Size & Forecast

6. Tier Standard Investment
6.1. Tier I & II
6.2. Tier III
6.3. Tier IV

7. Key Market Participants
7.1. IT Infrastructure Providers
7.2. Construction Contractors
7.3. Support Infrastructure Providers
7.4. Data Center Investors

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Greek Data Center Market

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