Market Size of united kingdom data center Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Volume (2024) | 2.19 Thousand MW |
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Market Volume (2029) | 3.61 Thousand MW |
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Largest Share by Tier Type | Tier 3 |
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CAGR (2024 - 2029) | 10.49 % |
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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 |
United Kingdom Data Center Market Analysis
The United Kingdom Data Center Market size is estimated at 2.19 thousand MW in 2024, and is expected to reach 3.61 thousand MW by 2029, growing at a CAGR of 10.49% during the forecast period (2024-2029).
USD 9475.18 Million
Market Size in 2024
USD 18,218.50 Million
Market Size in 2029
20.9%
CAGR (2017-2023)
14.0%
CAGR (2024-2029)
IT Load Capacity
2,187 MW
Value, IT Load Capacity, 2024
The investment for the DC facility is still ongoing in London, which is being focused on mega, massive, and large DC sizes. Slough is one of the major locations with 379.23 MW of IT load capacity, constituting 29 facilities.
Total Raised Floor Space
Sq. Ft. 10.76 M
Volume, Raised Floor Space, 2024
London holds the major share in this category. London is an IT hub, and the technology investment attracts investors to look for DC construction. Mega and massive data centers are preferred most in the region.
Installed Racks
538,059
Volume, Installed Racks, 2024
The country's total number of installed racks is expected to reach 889,896 units by 2029. London is expected to house the maximum number of racks by 2029.
# of DC Operators & DC Facilities
50 and 173
Volume, DC Facilities, 2024
The United Kingdom is a critical interchange and communications hub between North America and Europe, with over 50 undersea cables. Overall, there is a huge potential for growing data and government investment in fibre connectivity.
Leading Market Player
12.2%
Market Share, Digital Realty Trust, Inc., Inc.
Among the leading colocation service providers in the country, Digital Realty Trust Inc. offers the highest IT load capacity. Major cloud providers trust Digital Realty with mission-critical infrastructure.
Tier 3 data center accounted for majority share in terms of volume in 2023, it will continue its dominance during forecast period
- Tier 3 data centers are the most preferred due to features such as onsite assistance, power, and cooling redundancy. The Tier 3 DC market was operating at 1540.98 MW in 2022. The expected capacity during the forecast period is expected to grow from 1813.19 MW in 2023 to 3369.24 MW in 2029 at a CAGR of 10.88%. These data centers are 'concurrently maintainable' with redundant components as a key differentiator.
- SMBs generally prefer to use at least a tier III-rated system for the far superior redundancy protections offered. In the United Kingdom, SMEs account for 99.9% of the business population. At the start of 2022, there were estimated to be 5.5 million businesses in the UK private sector. Major adoption of tier 3 facilities is reflected in BFSI, telecom, and media and entertainment users are majorly adopting wholesale and hyperscale colocation. As of 2022, there are around 148 Tier 3 data centers in the country, and around 28 upcoming data centers are under construction with Tier 3 standards.
- Tier 4 is the next most preferred data centers by large enterprises due to their fault-tolerant functionality, lower downtime, and 99.99% uptime. It is expected that the market will showcase potential growth during the forecast period with the adoption of hyperscale colocation by major end users in the cloud and telecom sectors. The UK government's G-Cloud program is changing the way public sector organizations purchase information and communications technology. In 2022, the country had two Tier 4 data centers owned by Exascale Ltd and ServerMania.
- The Tier 1&2 data centers are the least preferred due to their single path for power and cooling and providing expected uptime of 99.671% (28.8 hours of downtime annually) when compared to Tier 3 and Tier 4 facilities.
Understand The Key Trends Shaping This Market
