Spain and Italy Data Center Markets Poised for Billion-Dollar Growth by 2031
Event summary
- Spain's data center market is projected to reach USD 8.83 billion by 2031, growing at a CAGR of 17.55%.
- Italy's data center market is expected to hit USD 7.09 billion by 2031, with a CAGR of 10.42%.
- Spain has 67 existing data centers and 49 upcoming facilities, with Madrid leading the expansion.
- Italy hosts 73 existing data centers and 34 upcoming facilities, with Milan as the primary hub.
The big picture
Southern Europe is emerging as a strategic growth hub for data centers, driven by expanding connectivity ecosystems, sustainability initiatives, and rising investments in AI-ready infrastructure. Spain and Italy are attracting significant investments from global operators, positioning themselves as major data center hubs in the region. The growth is supported by increasing demand for cloud platforms, digital services, and advanced technologies like AI, IoT, and big data.
What we're watching
- Sustainability Focus
- How Spain's prioritization of renewable energy and energy-efficient infrastructure will impact long-term operational efficiency and ESG goals.
- AI Infrastructure Growth
- Whether Italy's national AI law and rising adoption of AI/ML will sustain the need for large-scale, AI-ready digital infrastructure.
- Geographical Expansion
- The pace at which data center growth will expand beyond core cities like Madrid and Milan into regions like Aragon, Valencia, and Bilbao.
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