The data center market size in UK is expected to grow by USD 35.79 bn, progressing at a CAGR of 21.03% from 2021 to 2026. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. However, factors such as increasing power consumption may threaten the growth of the market.
The data center market in UK is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Factors such as growing adoption of multi-cloud and network upgrade to support 5G, growing demand among SMEs, and rise in colocation investments will offer immense growth opportunities.