Market Size of france data center Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Volume (2024) | 1.05 Thousand MW |
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Market Volume (2029) | 1.33 Thousand MW |
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Largest Share by Tier Type | Tier 3 |
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CAGR (2024 - 2029) | 4.78 % |
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Fastest Growing by Tier Type | Tier 4 |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
France Data Center Market Analysis
The France Data Center Market size is estimated at 1.05 thousand MW in 2024, and is expected to reach 1.33 thousand MW by 2029, growing at a CAGR of 4.78% during the forecast period (2024-2029).
USD 3093.64 Million
Market Size in 2024
USD 3,940.6 Million
Market Size in 2029
7.6%
CAGR (2017-2023)
5.0%
CAGR (2024-2029)
IT Load Capacity
1,052.75 MW
Value, IT Load Capacity, 2024
Digital usage is expanding rapidly in France. The quick internet and smartphone technology adoption in various businesses has impacted consumer behaviour, which is predicted to create more need of IT load capacity in future.
Total Raised Floor Space
Sq. Ft. 5.19 M
Volume, Raised Floor Space, 2024
The market in France has been driven by rising cloud use across most companies as a result of developing technologies like AI, big data, and blockchain among various end users, which create more demand for data storage space in the future.
Installed Racks
259,576
Volume, Installed Racks, 2024
The country's total number of installed racks is anticipated to reach 316,056 units by 2029. Paris (Ile-De-France) may house the maximum number of racks by 2029.
# of DC Operators & DC Facilities
38 and 152
Volume, DC Facilities, 2024
There are 152 colocation data center facilities in France, with Paris as the major hotspot. One of the factors contributing to the growth of data centers in the country is the increasing cloud adoption across most enterprises.
Leading Market Player
27.91%
Market Share, SFR (SOCIETE FRANCAISE DU RADIOTELEPHONE), 2023
SFR has 26 data center facilities in France with 1,000,680.0 sq. ft of net rentable capacity. These data centers have an average IT load capacity of 10.72 MW with about more than 1,900 rack units.
Tier 3 data center accounted for majority share in terms of volume in 2023, and is expected to dominate through out the forecasted period
- The tier 3 data center capacity is expected to reach 782.67 MW in 2023 and is further projected to register a CAGR of 4.46%, surpassing 1016.98 MW by 2029. On the other hand, the tier 4 data center is predicted to grow and register a CAGR of 6.72% to reach a capacity of 283.98 MW by 2029.
- Facilities in tier 1 and tier 2 gradually lose their demand and display a decrease in growth in the upcoming years. Tier 1 and 2 facilities are expected to hold a market share of nearly 2% by 2029 with minimal growth. This is a result of the prolonged and inconsistent outages. Most users will eventually switch to tier 3 and 4 facilities, holding 76.5% and 21.4% of the market share, respectively, owing to the increased demand for storing, processing, and analyzing data.
- The BFSI sector of the economy is expanding. In recent years, France has seen a rise in the use of online and mobile banking. In the European market, France has one of the top 15 best rates of online banking penetration. As of 2021, 72% of French consumers were using online banking, which increased from 62% in 2017. This necessitates the construction of wholesale and hyperscale facilities, which have tier 3 and 4 requirements and is driven by the rising demand for e-banking and online transactions.
- Additionally, tier 4 data centers are expected to expand significantly in the years to come. This is because more businesses are providing cloud-based services, which has caused more businesses to construct facilities to provide colocation space with the best technology.
Understand The Key Trends Shaping This Market
