Market Size of Italy Data Center Networking Industry
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.81 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Data Center Networking Market Analysis
The Italy data center networking market reached a value of USD 228.61 million in the previous year, and it is further projected to register a CAGR of 9.81% during the forecast period.
- The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- The upcoming IT load capacity of the Italy market is expected to reach 300 MW by 2029. The country's construction of raised floor area is expected to increase more than 2.0 million sq. ft by 2029.
- The country's total number of racks to be installed is expected to reach 102,000 units by 2029. Oslo will likely house the maximum number of racks by 2029. There are close to 32 submarine cable systems connecting Italy, and many are under construction.
