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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.
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Greece data centers | 17 data centers and 5 upcoming data centers in Greece. List of Colocation and Cloud data facilities in Greece.
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Greece data center colocation market size was valued at USD 61 million in 2024 and is expected to reach USD 255 million by 2030, growing at a CAGR of 26.92% during the forecast period.
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The Europe Data Center Market is Segmented by Data Center Size (Large, Massive, Medium, Mega, and Small), Tier Type (Tier 1 and 2, Tier 3, and Tier 4), Data Center Type (Hyperscale/Self-built, Enterprise/Edge, and Colocation), End User (BFSI, IT and ITES, E-Commerce, Government, Manufacturing, Media and Entertainment, and More), and Geography. The Market Forecasts are Provided in Terms of IT Load Capacity (MW).
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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.
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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.