EMEA Data Centre Market Update

Overview of the key EMEA data centre markets

Between the second quarters of 2023 and 2024, the operational capacity of EMEA’s data centre markets rose by 6.6% to reach 9.3GW, with about 256MW of new supply added in the first half of 2024. A strong development pipeline exists, with 2.6GW under construction across the region and 8GW in planning stages, marking an overall pipeline growth of 1GW—a 10.5% increase since the second quarter of 2023.

The FLAP-D markets—Frankfurt, London, Amsterdam, Paris and Dublin—continue to lead, but Milan is quickly catching up to become a powerhouse market, with 984MW in live and pipeline capacity. 

All primary markets are encountering challenges, including limited land availability, power constraints, and increasingly strict sustainability regulations, which have substantial cost and time implications for operators and investors. Despite these obstacles, the powerhouse markets contribute 4,381MW to the supply pipeline. 

As Milan approaches 1GW of combined live and pipeline power, a noticeable gap is emerging between Milan and the established markets. Warsaw and Zurich have also progressed, with 339MW and 278MW, respectively, qualifying them as established markets. New entrants to the developing market category include Istanbul, Barcelona and Zaragoza, the latter being driven by cloud computing and AI. 

Our EMEA Data Centre Maturity Index indicates shifting trends of operators to the emerging markets and reflects on the markets to watch soon. This report provides our outlook on the data centre market across 24 EMEA markets. It includes full reports for the following cities: London, Frankfurt, Dublin, Paris, Amsterdam, Milan, Madrid, Stockholm, Berlin, Abu Dhabi, Johannesburg, Warsaw, Dubai and Barcelona. In addition, it contains snapshot reports for Copenhagen, Zurich, Vienna, Munich, Istanbul, Helsinki, Zaragoza, Lisbon, Athens and Oslo. 

36 EMEA markets are covered in this edition of the report in our Maturity Index, overviews, and spotlights.