Portugal is on track to become one of the major data centre hubs in Europe, according to a report by Savills.
The study by the international real estate consultancy, presented recently in an online broadcast, concludes that this sector is set to expand at both a national and European level in the coming years.
Savills analysis estimates that by 2026
the global data centre market will reach a value of $251bn, with an average
annual growth of 4.5%. This growth will be driven by the consolidation of the
Internet of Things (IoT), the increased use of virtual and augmented realities,
and the spread and strengthening of fifth-generation technologies, the now
During the COVID-19 pandemic there was
an increase in online traffic in EMEA of over 35%, with some areas reaching
figures 90% higher than before the pandemic.
Given these transformations, data
centres will need to be large enough to meet current and estimated needs, said
Savills. In addition, as these infrastructures become stronger and energy needs
increase, a stronger focus on the energy efficiency of these facilities, as
well as their environmental sustainability, will be required.
In Portugal, the data centre segment is
made up of small or micro-spaces, with most companies in Portugal keeping this
type of infrastructure within their own premises. But with an increasing number
of companies seeking data storage solutions outside their facilities Savills
predicts this will change.
In Portugal, 46% of all data centres
are concentrated in the Lisbon region. At national level there are eight major
data centre operators: Equinix, Colt, AR Telecom, Claranet, NFSI, Altice, NOS
and PT Empresas. The small portfolio of data centre operators in Portugal gives
this segment great growth potential.
Alexandra Gomes, Head of Research at Savills Portugal, comments: ”The Portuguese data centre market is establishing itself on the European map. Portugal, with good connectivity, access to energy and security will certainly attract more investment in data centres.”
Scott Newcombe, Head of EMEA Data Centres at Savills, says: “One of the main trends of 2021 is the growing interest in data centres in secondary markets, among which Portugal is included, expanding from the main European hubs: Frankfurt, London, Amsterdam and Paris.”