The Greece data center market size by investment is expected to reach USD 2.07 billion by 2030, growing at a CAGR of 16.96% during the forecast period.

Greece data centers | 16 data centers and 6 upcoming data centers in Greece. List of Colocation and Cloud data facilities in Greece.

The Greece data center colocation market size was valued at USD 56 million in 2023 and is expected to reach USD 125 million by 2029, growing at a CAGR of 14.32%.

The Europe Data Center Market report segments the industry into Data Center Size (Large, Massive, Medium, Mega, Small), Tier Type (Tier 1 and 2, Tier 3, Tier 4), Absorption (Non-Utilized, Utilized), and Country (France, Germany, Ireland, Netherlands, Norway, Spain, Switzerland, United Kingdom, Rest of Europe). Get five years of historical data alongside five-year market forecasts.

The Greece ICT market, valued at €7.75 million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 12.50% from 2025 to 2033. This expansion is fueled by several key factors. Increasing digitalization across sectors like BFSI (Banking, Financial Services, and Insurance), IT and Telecom, and the burgeoning e-commerce landscape are significant contributors. Government initiatives promoting digital transformation and smart city projects further stimulate demand for ICT solutions. The adoption of cloud computing, big data analytics, and artificial intelligence (AI) is transforming businesses, driving investment in software, IT services, and related hardware. While data privacy concerns and a potential skills gap in the workforce could present some restraints, the overall market outlook remains positive. The segment breakdown reveals significant potential across various enterprise sizes and industry verticals. Large Enterprises are expected to lead the market due to their higher budgets and greater need for sophisticated ICT infrastructure. Within the type segment, Software and IT services will likely show the fastest growth due to the increasing reliance on digital solutions and service-based models. The competitive landscape is dominated by global giants such as Google, Microsoft, AWS, IBM, and Oracle, alongside established players like Cisco and SAP. These companies are strategically investing in research and development, partnerships, and acquisitions to expand their market share within Greece. However, opportunities also exist for smaller, specialized firms that can cater to the unique needs of specific industry verticals or offer niche services. The forecast period indicates continuous expansion, with the market expected to reach a significantly higher value by 2033, further propelled by the ongoing digital transformation across all segments of the Greek economy. This growth trajectory highlights the significant investment potential and the considerable opportunities for companies operating in this dynamic market. Recent developments include: May 2024 - Deutsche Telekom's Greek subsidiary, OTE Group, has inked a preliminary agreement to divest its Romanian mobile operations to an investment firm primarily owned by Digi Communications. This development follows OTE's disclosure six months earlier of talks with Quantum Projects Group about a similar transaction. However, the current deal sees OTE partnering with West Network Invest, a venture jointly owned by Digi Communications and Clever Media Group., May 2024 - Grid Telecom, a wholly owned subsidiary of Greece's Independent Power Transmission Operator (IPTO), in collaboration with Quadrivium Digital, is set to construct a cable landing station (CLS) on Crete, a Greek island. This new CLS, situated within Quadrivium's upcoming 20MW data center campus, will serve as a pivotal node, anchoring international subsea cable systems from Asia and Africa as they traverse the Eastern Mediterranean.. Key drivers for this market are: Rapid Deployment of 5G Network across the Nation, Global Leader in Technology Innovation. Potential restraints include: Rapid Deployment of 5G Network across the Nation, Global Leader in Technology Innovation. Notable trends are: Rapid Deployment of 5G Network across the Nation will drive the Market.

The Data Processing and Hosting Services industry has transformed over the past decade, with the growth of cloud computing creating new markets. Demand surged in line with heightened demand from banks and a rising number of mobile connections across Europe. Many companies regard cloud computing as an innovative way of reducing their operating costs, which has led to the introduction of new services that make the sharing of data more efficient. Over the five years through 2025, revenue is expected to hike at a compound annual rate of 4.3% to €113.5 billion, including a 5.6% jump in 2025. Industry profit has been constrained by pricing pressures between companies and regions. Investments in new-generation data centres, especially in digital hubs like Frankfurt, London, and Paris, have consistently outpaced available supply, underlining the continent’s insatiable appetite for processing power. Meanwhile, 5G network roll-outs and heightened consumer expectations for real-time digital services have made agile hosting and robust cloud infrastructure imperative, pushing providers to invest in both core and edge data solutions. Robust growth has been fuelled by rapid digitalisation, widespread cloud adoption, and exploding demand from sectors such as e-commerce and streaming. Scaling cloud infrastructure, driven by both established giants, like Amazon Web Services (AWS), Microsoft Azure and Google Cloud and nimble local entrants, has allowed the industry to keep pace with unpredictable spikes in online activity and increasingly complex data needs. Rising investment in data centre capacity and the proliferation of high-availability hosting have significantly boosted operational efficiency and market competitiveness, with revenue growth closely tracking the boom in cloud and streaming services across the continent. Industry revenue is set to grow moving forward as European businesses incorporate data technology into their operations. Revenue is projected to boom, growing at a compound annual rate of 10.3% over the five years through 2030, to reach €185.4 billion. Growth is likely to be assisted by ongoing cloud adoption, accelerated 5G expansion, and soaring investor interest in hyperscale and sovereign data centres. Technical diversification seen in hybrid cloud solutions, edge computing deployments, and sovereign clouds, will create significant opportunities for incumbents and disruptors alike. Pricing pressures, intensified by global hyperscalers’ economies of scale and assertive licensing strategies, will pressurise profit, especially for smaller participants confronting rising capital expenditure and compliance costs.

Comprehensive dataset of 25 Adventure sports centers in Greece as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.