LONDON, (Oct. 24, 2023) — DC Byte, a leading data centre intelligence provider, has released its monthly market spotlight – an exclusive look into the Iberian Peninsula’s burgeoning data centre landscape, offering valuable insights to data centre and real estate industry professionals, as well as investors.
The Iberian Market Spotlight highlights the pivotal role of Spain and Portugal in shaping the data centre landscape. The Iberian Peninsula, previously under the radar for most Europeans, has experienced remarkable growth and innovation in its data centre industry, positioning itself as an emerging hub for data centre development and investment. The report reveals a region on the cusp of significant transformation.
Key findings from the Iberian Market Spotlight report include:
- Rapid Growth: The Iberian Peninsula is witnessing a surge in data centre supply, reflecting the strong demand from major players in the industry.
- Hyperscale Activity: The arrival of hyperscale giants like AWS and Microsoft has sparked growth and investment in the region, challenging traditional market dynamics.
- Renewable Energy Initiatives: Portugal and Spain are making impressive strides towards a greener future, with ambitious renewable energy plans that impact the data centre market’s sustainability.
As the Iberian data centre market evolves, DC Byte’s market spotlight raises essential questions about its capacity to support the growing demand. Power availability and expansion sites are key considerations, underscoring the need for a strategic approach to ensure the market’s ability to cater to future growth and adapt to the evolving needs of cloud providers, enterprises, and digital businesses.
“The Iberian data centre market is undergoing a remarkable metamorphosis, as seen in our analysis of the region,” said William King, Managing Director for EMEA region at DC Byte. “Iberia presents exciting opportunities for data centre expansion and investment. This region, with its untapped potential, lower competition, cost-effective pricing, and abundant power supply, opens doors to new possibilities for those seeking to diversify their data centre operations and investment portfolio.”