Belgium Data Center Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024-2030)

Belgium's Data Center Construction Market is segmented by infrastructure (electrical infrastructure (UPS systems, other electrical infrastructure), mechanical infrastructure (cooling systems, racks, other mechanical infrastructure), and other infrastructure), by end-user (banking, financial services, and insurance, IT and telecommunications, government, healthcare, and other end users). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

Belgium Data Center Construction Market Size

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Belgium Data Center Construction Market Summary
Study Period 2024 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR 0.87 %
Market Concentration Medium

Major Players

Belgium Data Center Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Belgium Data Center Construction Market Analysis

The Belgium Data Center Construction Market is expected to register a CAGR of 0.87% during the forecast period.

Under Construction IT Load Capacity: The upcoming IT load capacity of the Belgium data center construction market is expected to reach 263.3 MW in six years.

Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase by 1.31 million sq. ft in six years.

Planned Racks: The country's total number of racks to be installed is expected to reach 65,827 units in six years. Brussels will likely house the maximum number of racks in six years.

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.

Belgium Data Center Construction Market Trends

IT and Telecom to have significant market share

  • The cloud end-user industry segment is expected to reach 24.83 MW in the current year. The segment is expected to register a CAGR of 2.19%, surpassing an IT load capacity of 28.27 MW in six years.
  • It is expected to witness the highest growth during the forecast period. The cloud, BFSI, and government end-user industries are expected to hold the largest market shares over the forecast period, accounting for 18.2%, 14.9%, and 16.1%, respectively, in six years.
  • The market shares of these end-user industry segments are expected to be 17.9%, 14.6%, and 15.8% in the current year. The Belgian government is aggressively attracting digital investment and has worked with Microsoft to digitalize the nation's public and private sectors through programs like Digital AmBEtion.
  • Microsoft committed more than EUR 1 billion in Belgium to establish a new cloud area to assist service providers better and boost the nation's GDP. State-owned operator Proximus has built a strong DSL telecom infrastructure with a widespread co-axial cable infrastructure across the regions and towns, especially in Flanders, to support Belgium's ICT industry and increase internet connectivity.
  • Around 78% of consumers in Belgium have broadband plans with speeds of at least 30 Mbps. Banking is Belgium's most popular online activity, with 73% of people conducting their financial operations online. Online purchases by Belgian consumers generated a record USD 11.4 billion in 2019, with Flanders spending USD 6 billion and Wallonia USD 5.2 billion.
  • This amounted to a 27% increase over the previous year. As end users consume more data for computation and storage, it increases the demand for additional racks and, in turn, expands the market for data centers nationwide.
Belgium Data Center Construction Market, CAGR %, 2023-2029, By End User

Brussels to be the major hotspot for data center construction in the country

  • The total IT load capacity in the Brussels hotspot is expected to reach 175.32 MW in the current year and is expected to register a CAGR of 0.87%, surpassing 184.62 MW in six years. On the other hand, the Rest of Belgium is predicted to register a CAGR of 0.89% to reach a capacity of 78.69 MW in six years.
  • The capital city of Belgium is Brussels. Due to its economic importance, it will continue to demonstrate its significance. The deployment of data centers has been heavily concentrated in Brussels, where companies like Kevlinx, Etix Everywhere, Atlas Edge, and Interxion have invested more than 50% of their total capital. Brussels is the most well-liked conference city in Europe, hosting more than 1,000 business conferences each year.
  • One of the most significant financial centers in the world, according to rankings, 4,500 ICT businesses in Brussels employ 75,000 employees. Because of its accessibility by rail, road, and airport, the area is also known as Europe's geographic, economic, and cultural center.
  • Because of this, Brussels has one of the highest levels of connectivity in all of Europe. Some of the businesses are growing their presence throughout Belgium. For instance, LCL Data Centers, one of the country's largest operators, is creating hyper-scale data centers to diversify its business into wholesale colocation services. Thus, the company has planned to expand its Wallonia One data center campus to around 60 MW over the next 4-5 years.
Belgium Data Center Construction Market, CAGR %, 2023-2029, By Hotspot

Belgium Data Center Construction Industry Overview

United Arab Emirates Data Center Construction Market is fairly consolidated, some significant players include Atos, AECOM, Cisco Systems, Broadcom and Extreme Networks. 

Belgium Data Center Construction Market Leaders

  1. Atos

  2. AECOM

  3. Cisco Systems

  4. Broadcom

  5. Extreme Networks

*Disclaimer: Major Players sorted in no particular order

Belgium Data Center Construction Market Concentration
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Belgium Data Center Construction Market News

  • January 2022: Belgian infrastructure investment firm TINC has invested in local data center firm Datacenter United to fund its acquisition of DC Star. Datacenter United has increased the number of data centers it manages to six. In addition to the three existing locations in Antwerp and Brussels, the three DC Star data centers in Burcht, Ghent, and Oostkamp are now also part of the Datacenter United ecosystem.
  • November 2021: Colt Data Centre Services (DCS) announced selling 12 colocation sites across Europe with AtlasEdge Data Centres, including the Belgium facility.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumption & Market Definition

    2. 1.2 Scope of the Study

  2. 2. Research Methodology

  3. 3. Executive Summary

  4. 4. MARKET INSIGHTS

  5. 5. Market Overview

  6. 6. Industry Attractiveness - Porter's Five Forces Analysis

    1. 6.1 Bargaining Power of Suppliers

    2. 6.2 Bargaining Power of Buyers

    3. 6.3 Threat of New Entrants

    4. 6.4 Threat of Substitutes

    5. 6.5 Degree of Competition

  7. 7. Key Industry Statistics

    1. 7.1 Planned/Under Construction IT Load Capacity

    2. 7.2 Planned/Under Construction Raised Floor Space

    3. 7.3 Planned/Under Construction Racks

    4. 7.4 Planned/Under Construction Submarine Cable

  8. 8. MARKET DYNAMICS

  9. 9. Market Drivers

    1. 9.1 5G Developments Fuelling Data Center Investments

    2. 9.2 Growing Cloud Servce adoption

    3. 9.3 Green Data Centers rising awarness of Carbon-Neutrality leading to Infrastructure upgrades

  10. 10. Market Restraints

    1. 10.1 Security Challenges Impacting Growth of Data Centers

  11. 11. MARKET SEGMENTATION

    1. 11.1 By Infrastructure

      1. 11.1.1 Electrical Infrastructure

        1. 11.1.1.1 UPS Systems

        2. 11.1.1.2 Other Electrical Infrastructures

      2. 11.1.2 Mechanical Infrastructure

        1. 11.1.2.1 Cooling Systems

        2. 11.1.2.2 Racks

        3. 11.1.2.3 Other Mechanical Infrastructures

      3. 11.1.3 Other Infrastructures

    2. 11.2 By End User

      1. 11.2.1 IT & Telecommunication

      2. 11.2.2 BFSI

      3. 11.2.3 Government

      4. 11.2.4 Healthcare

      5. 11.2.5 Other End Users

  12. 12. COMPETITIVE LANDSCAPE

  13. 13. Company Profiles

    1. 13.1 AECOM

    2. 13.2 NTT Ltd.

    3. 13.3 DPR CONSTRUCTION, INC.

    4. 13.4 IBM Corporation

    5. 13.5 Schneider Electric SE

    6. 13.6 Fortis ConstructionInc.

    7. 13.7 Broadcom

    8. 13.8 Extreme Networks

    9. 13.9 Caterpillar

    10. 13.10 Cisco Systems

    11. 13.11 Johnson Controls

  14. *List Not Exhaustive
  15. 14. INVESTMENT ANALYSIS

  16. 15. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Belgium Data Center Construction Industry Segmentation

A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with those applications and services. Under data center construction, we track the capital expenditure incurred while building the existing DC facilities and estimate the future capex based on upcoming DC facilities.

Belgium Data Center Construction Market is segmented by infrastructure (electrical infrastructure (UPS systems, other electrical infrastructure), mechanical infrastructure (cooling systems, racks, other mechanical infrastructure), and other infrastructure), by end-user (banking, financial services, and insurance, IT and telecommunications, government, healthcare, and other end users).

The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Infrastructure
Electrical Infrastructure
UPS Systems
Other Electrical Infrastructures
Mechanical Infrastructure
Cooling Systems
Racks
Other Mechanical Infrastructures
Other Infrastructures
By End User
IT & Telecommunication
BFSI
Government
Healthcare
Other End Users
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Frequently Asked Questions

The Belgium Data Center Construction Market is projected to register a CAGR of 0.87% during the forecast period (2024-2030)

Atos, AECOM, Cisco Systems, Broadcom and Extreme Networks are the major companies operating in the Belgium Data Center Construction Market.

The report covers the Belgium Data Center Construction Market historical market size for years: . The report also forecasts the Belgium Data Center Construction Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Belgium Data Center Construction Industry Report

Statistics for the 2024 Belgium Data Center Construction market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Belgium Data Center Construction analysis includes a market forecast outlook to for 2024 to (2024to2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Belgium Data Center Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024-2030)