Market Size of United Kingdom Data Center Networking Industry
| Study Period | 2018-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.25 Billion |
| Market Size (2029) | USD 1.82 Billion |
| CAGR (2024 - 2029) | 7.83 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
United Kingdom Data Center Networking Market Analysis
The United Kingdom Data Center Networking Market size is estimated at USD 1.25 billion in 2024, and is expected to reach USD 1.82 billion by 2029, growing at a CAGR of 7.83% during the forecast period (2024-2029).
The United Kingdom Data Center Networking Market reached a value of USD 1.16 billion in the previous year, and it is further projected to register a CAGR of 7.83% 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.
Under Construction IT Load Capacity: The upcoming IT load capacity of the United Kingdom data center market is expected to reach more than 3000 MW by 2029.
Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 17 million sq. ft by 2029.
Planned Racks: The country's total number of racks to be installed is expected to reach above 8,89,000 units by 2029. London is expected to house the maximum number of racks by 2029.
Planned Submarine Cables: There are close to 58 submarine cable systems connecting the United Kingdom, and many are under construction.
An increasing need for data storage has resulted in an upsurge in the number of data centers nationwide. Additionally, energy represents around 40% of the operational costs of a data center; it is also becoming increasingly important for data centers to focus on energy efficiency. To improve energy efficiency as a cost-saving measure, key players focus on developing a green standard for data centers in the United Kingdom, which results in increasing the demand for Infrastructure management. Hence, such factors are expected to drive market growth during the forecast period.
