Study says European data center market will see $71b expansion by 2024

The European data center market is poised to grow by $70.95 billion by 2024, according to a new study listed on ReportLinker. The analysis included 25 vendors.

This represents a compound annual growth rate of 15 percent during the forecast period.

According to the report, this growth will be driven by an uptick in the adoption of cloud-based storage services. Other innovative approaches, such as submarine data centers, are anticipated to boost the growth of this market.

To download the full report, click here.