Europe is home to some of the most mature digital economies in the world , which nevertheless continue to see strong , continuous growth yearon-year throughout their data centre sectors . However , despite strong growth throughout the FLAP-D markets ( the region ’ s five largest locations for data centre development ; Frankfurt , London , Amsterdam , Paris , and Dublin ) Europe remains a largely untapped market for the public cloud sector .
“ Enterprise adoption of the cloud in Europe is still relatively low . It ’ s about 19 % on average , thanks to strong numbers in Western Europe and the Nordics , but in some countries it ' s as low as 7-9 %,” says Matt Pullen , Executive Vice President and Managing Director for US data centre giant CyrusOne ’ s European operations ( which amount to nearly 218 MW across the FLAP-D markets , with additional projects expanding farther afield as well ). “ We ' re seeing Europe continuing to play catchup - particularly with North America - in terms of the region ' s migration from an enterprise-dominated industry to the cloud .”
For a region with a highly digitalised economy , broadly high GDP , and a data centre industry valued at more than $ 47.5 billion in 2021 ( a few hundred million dollars more than the entire economy of Lithuania , just to put it into perspective ), the relatively low penetration of public cloud - especially in the South and East - in Europe is something of a puzzle .
108 April 2022