Take-up across 11 major data centre markets in EMEA rose by 43% in Q2, according to the latest figures from DC Byte and Knight Frank.
The report, which covers markets in Warsaw, Vienna, Bucharest, Istanbul, Cairo, Manchester, Munich, Johannesburg, Casablanca, Nairobi and Zurich, found that the record-breaking activity in 2021 was continuing into 2022.
However, it revealed that a drop-off in new supply across EMEA had been notable in 2022, as markets wait for IT capacity to come online.
Across the 11 locations, only Nairobi registered an increase in aggregate supply, as many of the markets recorded significant growth at the end of 2021 or the first quarter of 2022.
Zurich and Johannesburg continued to record above-trend levels of take-up, as wholesale operators absorbed public cloud demand.
Overall, there was a 43% increase – equating to just under 26MW – in take-up across the 11 markets, as hyperscalers aggressively expanded their operations.
DC Byte managing director Will King said: “Although development activity was somewhat low-key in Q2, we have still seen record levels of take-up with hyperscalers continuing to expand into new markets. In turn, this has increased investment by international operators in markets that were traditionally dominated by local players.”
Ben Stirk, co-head of data centres at Knight Frank, said: “The sustained growth we’ve seen in the data centre market over the past two years continues to be resilient while we see the ever-increasing demand for vital IT infrastructure exceeding supply in both mature and now emerging data centre markets. As supply increases throughout 2022, we fully expect take-up of data centres to increase further in the highly competitive EMEA market.”
Read the full report here.
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