The Belgium Data Center Market is projected to register a CAGR of 0.87%
Key Highlights
- IT Load Capacity: The IT load capacity of the Belgian data center market may grow steadily and reach 263.3 MW by 2029.
- Raised Floor Space: The country’s total raised floor area is expected to reach 1.31 million sq. ft by 2029.
- Installed Racks: The country’s total number of installed racks is expected to reach 65,827 units by 2029. Brussels will likely house the maximum number of racks by 2029.
- DC Facilities: Belgium has 32 colocation data centers, with Brussels as the major hotspot. The growing adoption of the cloud by most businesses is one of the factors boosting the number of data centers in the country.
- Leading Market Player: KevlinX Belgium BVBA has data center facilities in Belgium. These facilities have 320,100 sq. ft of net rentable capacity and an IT load capacity of 68 MW with average racks of about 16,000 units.
Belgium Data Center Market Trends
Tier 3 is the largest Tier Type
- The tier 3 data center segment is expected to reach a capacity of 226.62 MW in 2023, and it is projected to exhibit a CAGR of 0.35%, surpassing 231.39 MW by 2029. However, the tier 4 data center segment is predicted to record a CAGR of 5.77% to reach a capacity of 26.77 MW by 2029.
- In the future, facilities in tiers 1 and 2 will gradually slow down and show marginal growth owing to lengthy and irregular outages. Tier 4 facilities are expected to witness a growth in market share from 8% in 2023 to 10.2% in 2029. As a result, businesses are expected to transition to Tier 3 and Tier 4 facilities for their requirements.
- Tier 3 facilities are expected to witness the highest demand in 2023. Unlike tier 4 facilities, the primary investor developing the next data center facility is focusing mostly on tier 3. However, the market is anticipated to exhibit signs of potential growth over the projection period, which may lead to hyperscale colocation being adopted by important end users in cloud services and Industry 4.0.
- For instance, Belgian businesses plan to increase their use of public clouds by 15.12% between 2023 and 2027. Large corporations favor Tier 4 data centers more due to their fault-tolerant capabilities, reduced downtime, and 99.99% uptime. In 2022, Antwerp DC owned six tier 4 data centers in the nation. More businesses are expected to invest in tier 4 data centers in the future.
Belgium Data Center Industry Overview
The Belgium Data Center Market is fairly consolidated, with the top five companies occupying 81.01%. The major players in this market are ANTWERP DATACENTER (Datacenter United), Interxion (Digital Reality Trust, Inc.), KevlinX Belgium BVBA, LCL Belgium n.v. and Proximus S.A. (sorted alphabetically).
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