France Data Center Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The France Data Center Market is estimated at USD 8.89 billion in 2023, and is expected to reach USD 13.41 billion by 2028, growing at a CAGR of 8.57% during the forecast period (2023-2028).

Key Highlights

• IT Load Capacity: The IT load capacity of the French data center market may grow steadily and reach 1329.4 MW by 2029.
• Raised Floor Space: The country's total raised floor area is expected to reach 6.3 million sq. ft by 2029.
• Installed Racks: The country's total number of installed racks is anticipated to reach 316,056 units by 2029. Paris (Ile-De-France) may house the maximum number of racks by 2029.
• DC Facilities: There are 38 colocation data center facilities in France, with Paris (Ile-De-France) as the major hotspot. One of the factors contributing to the growth of data centers in the country is the increasing cloud adoption across most enterprises.
• Leading Market Player: SFR has 26 data center facilities in France with 1,000,680.0 sq. ft of net rentable capacity. These data centers have an average IT load capacity of 10.72 MW with about more than 1,900 rack units.

France Data Center Market Trends

Tier 3 is the largest Tier Type

• The tier 3 data center capacity is expected to reach 782.67 MW in 2023 and is further projected to register a CAGR of 4.46%, surpassing 1016.98 MW by 2029. On the other hand, the tier 4 data center is predicted to grow and register a CAGR of 6.72% to reach a capacity of 283.98 MW by 2029.
• Facilities in tier 1 and tier 2 gradually lose their demand and display a decrease in growth in the upcoming years. Tier 1 and 2 facilities are expected to hold a market share of nearly 2% by 2029 with minimal growth. This is a result of the prolonged and inconsistent outages. Most users will eventually switch to tier 3 and 4 facilities, holding 76.5% and 21.4% of the market share, respectively, owing to the increased demand for storing, processing, and analyzing data.
• The BFSI sector of the economy is expanding. In recent years, France has seen a rise in the use of online and mobile banking. In the European market, France has one of the top 15 best rates of online banking penetration. As of 2021, 72% of French consumers were using online banking, which increased from 62% in 2017. This necessitates the construction of wholesale and hyperscale facilities, which have tier 3 and 4 requirements and is driven by the rising demand for e-banking and online transactions.
• Additionally, tier 4 data centers are expected to expand significantly in the years to come. This is because more businesses are providing cloud-based services, which has caused more businesses to construct facilities to provide colocation space with the best technology.

France Data Center Industry Overview

The France Data Center Market is fairly consolidated, with the top five companies occupying 71.17%. The major players in this market are Equinix, Inc., Interxion (Digital Reality Trust, Inc.), SOCIETE FRANCAISE DU RADIOTELEPHONE - SFR, Telehouse (KDDI Corporation) and Zenlayer Inc (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
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