Connect with us

Technology

European Data Center Market to Grow by USD 291.7 Billion (2024-2028), with AI-Driven Insights on Impact of Data Protection Regulations – Technavio

Published

on

NEW YORK, Oct. 4, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Data Center Market in Europe  size is estimated to grow by USD 291.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 26.9%  during the forecast period. Imposition of data protection regulation is driving market growth, with a trend towards hybrid and multi-cloud environments. However, cyber security issues  poses a challenge – Key market players include Alphabet Inc., Amazon.com Inc., Apple Inc., Cogeco Communications Inc., Colt Technology Services Group Ltd., Data4 Group, Deutsche Telekom AG, Digital Realty Trust Inc., Equinix Inc., Switch Ltd., GTT Communications Inc., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., NTT Communications Corp., Pulsant Ltd., QTS Realty Trust LLC, SITRONICS JSC, and Verizon.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Medium and small enterprises and Large enterprises), Component (IT infrastructure, Power management, Cooling solutions, General construction, and Others), and Geography (Europe)

Region Covered

Europe

Key companies profiled

Alphabet Inc., Amazon.com Inc., Apple Inc., Cogeco Communications Inc., Colt Technology Services Group Ltd., Data4 Group, Deutsche Telekom AG, Digital Realty Trust Inc., Equinix Inc., Global Switch Ltd., GTT Communications Inc., International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., NTT Communications Corp., Pulsant Ltd., QTS Realty Trust LLC, SITRONICS JSC, and Verizon

Key Market Trends Fueling Growth

In Europe, the data center market has seen a notable trend towards modular data centers in the past five years. These pre-fabricated solutions offer enterprises the flexibility and scalability they need to adapt to changing IT infrastructure demands. Firms like Flexenclosure and Schneider Electric provide modular data center options, catering to clients in Europe and developing markets. Commercial and governmental initiatives are driving the adoption of modular data centers in Europe. The COVID-19 pandemic further highlighted their importance, enabling businesses to quickly deploy these solutions and support remote workforces with minimal disruption. The modular data center industry is poised for growth due to the increasing demand for adaptable and scalable IT infrastructure, as well as the expanding use of edge computing and the Internet of Things (IoT). The market is expected to flourish during the forecast period, as more businesses opt for the flexibility that modular data centers provide.

Europe’s data center market is witnessing significant trends, with a focus on renewable energy storage. Stored renewable energy is becoming essential for businesses and individuals to ensure uninterrupted power supply and reduce carbon footprint. Higher prices are driving the adoption of storage technologies like Lithium-ion batteries and long-duration solutions. Hydrogen and green-ammonia energy are also gaining traction as backup power sources. Co-location providers are partnering with renewable-energy plants to improve power efficiency. Cooling systems and computing power are also evolving with chip designs offering higher power density. Customer preferences prioritize cost savings, scalability, and flexibility. Local special circumstances require data processing solutions tailored to specific industries and regions. Digitalization is fueling the demand for edge computing, real-time data processing, and low latency. Autonomous vehicles and decentralized data centers are emerging trends, with data sovereignty regulations adding complexity to the market. Energy sources like geothermal, wave, and solar are being explored to power data center equipment. Overall, the market prioritizes cost savings, scalability, and flexibility while navigating the complexities of renewable energy integration and evolving customer needs. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

In Europe, data centers face a substantial risk of cyberattacks due to the expansion of cloud computing and virtualization in businesses. Cybercriminals find data centers attractive targets, as successful attacks can lead to significant reputational damage and financial losses. The European Union (EU) has taken steps to bolster cybersecurity, requiring data center operators to implement appropriate technical and organizational measures under the GDPR for securing personal data. The EU Cybersecurity Act also established a certification structure to boost trust and confidence in data center services. Notable cyberattacks on data centers underscore the severity of this threat. Continuous attention and investment are essential to mitigate this challenge and prevent hindrance to the European data center market’s growth.Europe’s data center market is experiencing significant growth due to the digital economy and increasing internet penetration. However, hardware-related expenses and IT infrastructure costs pose challenges. Market sizes vary by country, with a top-down approach used for forecasting. Key indicators include level of digitization and IT equipment sales. Investors seek growth capital in real estate, infrastructure, and cloud vendors. Cooling equipment and network capacity are essential for data center operations. Tenants include IT companies, private equity buyers, and hyperscalers like Amazon Web Services and Google Cloud. Leasing terms, operating margins, and acquisitions of facilities by infrastructure investors and co-location companies are common. Energy consumption is a concern, with a shift towards carbon-free energy supplies, renewable energy, and carbon offsets. Sustainability goals require managing intermittency through solar and wind power and fossil-fuel supplies.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This data center market in Europe report extensively covers market segmentation by

End-user 1.1 Medium and small enterprises1.2 Large enterprisesComponent 2.1 IT infrastructure2.2 Power management2.3 Cooling solutions2.4 General construction2.5 OthersGeography 3.1 Europe

1.1 Medium and small enterprises-  Data centers have become essential for businesses in Europe as the value of data grows and the digital transformation continues. Medium and small enterprises often lack the resources to build and manage their own data centers. Consequently, they turn to independent data center operators for IT infrastructure solutions. These providers offer various services, including colocation, managed hosting, and cloud computing, tailored to specific business needs. Notable market participants include Digital Realty, Interxion, and Equinix. The competition among these providers is intense, with each striving to attract customers through distinctive offerings. This competition is expected to fuel the expansion of the European data center services market for small and medium-sized enterprises during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022)

Research Analysis

The European data center market is experiencing significant growth due to increasing customer preferences for digital services, data processing solutions, and the need for businesses and individuals to store and manage large amounts of data. Local special circumstances, such as stringent regulations and energy costs, influence the market’s dynamics. Investors, both infrastructure and growth capital, are showing interest in the sector due to its potential for cost savings, scalability, and flexibility. Edge computing is also gaining traction, allowing data processing to occur closer to the source, reducing latency and increasing efficiency. Network capacity and cooling equipment are critical components of data centers, with renewable energy sources, such as wind, solar, geothermal energy, and wave energy, becoming increasingly important for powering data centers sustainably. Data center equipment, including cooling systems and computing power, is also a significant market, with advancements in chip designs and power density playing a key role in improving efficiency and reducing costs.

Market Research Overview

The European data center market is experiencing significant growth due to increasing customer preferences for digitalization and real-time data processing. Businesses and individuals alike are seeking cost savings, scalability, and flexibility through cloud solutions and co-location services. Local special circumstances, such as data processing solutions for autonomous vehicles and decentralized data centers, are driving market expansion. Key market indicators include market sizes, level of digitization, and forecasting techniques like exponential trend smoothing. Investors, including infrastructure investors and private equity buyers, are providing growth capital for new facilities and acquisitions. The market is characterized by the dominance of hyperscalers like Amazon Web Services and Google Cloud, as well as co-location companies and network capacity providers. Facility management, power and connectivity, and cooling equipment are essential components of data center operations. Renewable energy, carbon-free energy supplies, and sustainability goals are becoming increasingly important, with solar power, wind power, and hydrogen emerging as key energy sources. Hardware-related expenses, IT infrastructure, and leasing terms are significant factors in the decision-making process for tenants. Data sovereignty regulations and the digital economy are also shaping the market, with national statistical offices and key market indicators providing valuable insights. The market is expected to continue its exponential trend, with storage technologies, such as lithium-ion battery storage and long-duration solutions, playing a crucial role in addressing intermittency and higher prices.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userMedium And Small EnterprisesLarge EnterprisesComponentIT InfrastructurePower ManagementCooling SolutionsGeneral ConstructionOthersGeographyEurope

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/european-data-center-market-to-grow-by-usd-291-7-billion-2024-2028-with-ai-driven-insights-on-impact-of-data-protection-regulations—technavio-302267023.html

SOURCE Technavio

Continue Reading

Technology

Technology Drives the Future of Travel: JETOUR Continues to Expand Its “Travel+” Ecosystem

Published

on

By

WUHU, China, Oct. 24, 2026 /PRNewswire/ — Expectations for travel are evolving: vehicles are no longer simply a means of reaching a destination, but travel companions that bring people closer to nature, serving as a “mobile third space.”

JETOUR continues to advance its “Travel+” strategy, integrating technological innovation, product development, and ecosystem building into real travel scenarios. From October 20 to 23, the 2026 JETOUR Global Technology Experience Day, themed “Future Travel Starts Now,” takes place across Wuhu, Anhui and Moganshan, Zhejiang, featuring technology experiences, on-road driving, outdoor living, and conservation activities.

Technological Innovation: Expanding the Possibilities of Travel

Backed by the Group’s expertise in AI, intelligent driving, smart cabins, and AiMOGA Robotics, JETOUR turns cutting-edge technology into experiences users can genuinely feel. The XWD Fully Automatic Intelligent 4WD, with 7+X one-touch modes, tackles mountain roads, gravel, and water crossings, while the GAIA All-Terrain Intelligent Architecture adapts to diverse terrain and C-DM hybrid technology balances performance with efficiency. On October 21, models with these technologies take on mountain-road test drives at Moganshan.

A Diverse Product Lineup: Enriching the Travel Experience

The G700 combines premium comfort with hardcore off-road capability, while the T1 and T2 suit both urban driving and light off-road adventures. Roof tents, onboard refrigerators, and other ecosystem equipment turn the vehicle into an all-round companion. JETOUR also hosts a camping market and a Starry Night Forum, bringing product features into real travel settings.

Ecosystem: Extending the Value of Travel

Travel is about understanding cultures and protecting nature as well as exploration. Participants visit Xiazhu Lake in Zhejiang for a crested ibis conservation initiative. Globally, JETOUR supports cheetah conservation in Africa, turtle conservation in Malaysia, harpy eagle conservation in Panama, and protection of Pakistan’s national animal, the markhor.

JETOUR has also partnered with Chile’s Colo-Colo, FIBA, and the Malaysia Marathon, broadening engagement with local culture, sport, and communities — giving “Travel+” an ever richer meaning.

JETOUR now joins travelers worldwide across city, mountain, and wetland, exploring new possibilities through the deeper integration of technology and travel.

ABOUT JETOUR

Launched in 2018, JETOUR follows the “Travel+” strategy and has entered over 100 countries and regions, with 2,000+ sales and after-sales outlets. Its lineup includes the T Series for light off-road and the G Series for the premium luxury off-road market, covering urban commuting, family road trips, outdoor camping, and long-distance journeys.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/technology-drives-the-future-of-travel-jetour-continues-to-expand-its-travel-ecosystem-302918650.html

SOURCE JETOUR

Continue Reading

Technology

Technology Drives the Future of Travel: JETOUR Continues to Expand Its “Travel+” Ecosystem

Published

on

By

WUHU, China, Oct. 24, 2026 /PRNewswire/ — Expectations for travel are evolving: vehicles are no longer simply a means of reaching a destination, but travel companions that bring people closer to nature, serving as a “mobile third space.”

JETOUR continues to advance its “Travel+” strategy, integrating technological innovation, product development, and ecosystem building into real travel scenarios. From October 20 to 23, the 2026 JETOUR Global Technology Experience Day, themed “Future Travel Starts Now,” takes place across Wuhu, Anhui and Moganshan, Zhejiang, featuring technology experiences, on-road driving, outdoor living, and conservation activities.

Technological Innovation: Expanding the Possibilities of Travel

Backed by the Group’s expertise in AI, intelligent driving, smart cabins, and AiMOGA Robotics, JETOUR turns cutting-edge technology into experiences users can genuinely feel. The XWD Fully Automatic Intelligent 4WD, with 7+X one-touch modes, tackles mountain roads, gravel, and water crossings, while the GAIA All-Terrain Intelligent Architecture adapts to diverse terrain and C-DM hybrid technology balances performance with efficiency. On October 21, models with these technologies take on mountain-road test drives at Moganshan.

A Diverse Product Lineup: Enriching the Travel Experience

The G700 combines premium comfort with hardcore off-road capability, while the T1 and T2 suit both urban driving and light off-road adventures. Roof tents, onboard refrigerators, and other ecosystem equipment turn the vehicle into an all-round companion. JETOUR also hosts a camping market and a Starry Night Forum, bringing product features into real travel settings.

Ecosystem: Extending the Value of Travel

Travel is about understanding cultures and protecting nature as well as exploration. Participants visit Xiazhu Lake in Zhejiang for a crested ibis conservation initiative. Globally, JETOUR supports cheetah conservation in Africa, turtle conservation in Malaysia, harpy eagle conservation in Panama, and protection of Pakistan’s national animal, the markhor.

JETOUR has also partnered with Chile’s Colo-Colo, FIBA, and the Malaysia Marathon, broadening engagement with local culture, sport, and communities — giving “Travel+” an ever richer meaning.

JETOUR now joins travelers worldwide across city, mountain, and wetland, exploring new possibilities through the deeper integration of technology and travel.

ABOUT JETOUR

Launched in 2018, JETOUR follows the “Travel+” strategy and has entered over 100 countries and regions, with 2,000+ sales and after-sales outlets. Its lineup includes the T Series for light off-road and the G Series for the premium luxury off-road market, covering urban commuting, family road trips, outdoor camping, and long-distance journeys.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/technology-drives-the-future-of-travel-jetour-continues-to-expand-its-travel-ecosystem-302918650.html

SOURCE JETOUR

Continue Reading

Technology

Best AI Tools for Marketing Content (2026): CapCut Recognized for Faster AI-Powered Video and Image Creation by Better Business Advice

Published

on

By

NEW YORK, Oct. 24, 2026 /PRNewswire/ — Better Business Advice has recognized CapCut in its 2026 coverage of the best AI tools for marketing content, highlighting its collection of AI-powered features for creating and editing videos, images, audio, and other campaign assets. The recognition reflects growing interest in tools that help transform creative concepts into usable marketing materials while reducing the manual work involved in production.

Best AI Marketing Tools

Seedance 2.0 – an AI video generation model that creates videos from text prompts or imagesSeedream – an AI image generation model that creates high-quality visuals from text prompts

AI-powered content creation is changing how businesses develop digital marketing campaigns. From promotional videos and product imagery to social media graphics and branded audio, organizations face growing demand for creative assets across multiple digital channels. Tools that simplify production and support faster experimentation are becoming an increasingly important part of modern marketing workflows.

CapCut offers a range of AI-assisted capabilities covering several stages of content creation. These include text-based video generation, AI image generation, background removal, image expansion, music generation, and photo animation. Together, the tools provide options for producing marketing assets for social media, digital advertising, product promotions, and other online campaigns.

AI Video Generation Supports Promotional Campaigns

Video is an important format for communicating product information, presenting services, and building audience engagement. However, producing video content regularly can require significant planning, editing, and creative resources.

CapCut’s Seedance 2.0 AI video generator supports prompt-based video creation. Users can describe a creative concept and generate video content that serves as a starting point for further development.

The capability can support promotional videos, product showcases, educational content, and social media campaigns. It also gives creators a way to explore different visual approaches during the planning stage before refining the selected direction.

For businesses producing content across multiple channels, AI-assisted video generation can help reduce the effort required to develop initial concepts. Generated material can then be reviewed and edited to align with campaign objectives, brand guidelines, and platform requirements.

Image Generation Helps Develop Marketing Concepts

Visual assets influence how products, services, and campaigns are presented to audiences. Developing suitable imagery often involves several rounds of brainstorming and creative testing before a final direction is selected.

CapCut’s Seedream AI image generator enables users to create images from text prompts. The tool can support concept drafts, campaign planning, and experimentation with different visual styles.

For example, a seasonal marketing campaign may require several approaches to backgrounds, compositions, and visual themes. AI-generated drafts can help illustrate those options before resources are committed to final production.

CapCut’s GPT Image 2 provides another option for generating images from natural language instructions. The feature can support the development of promotional graphics, campaign imagery, and other visual assets.

These tools help shorten the early stages of creative development by making it easier to turn written ideas into visual references. Human review remains important to ensure the resulting assets accurately represent the product and meet the campaign’s requirements.

Image Editing Simplifies Asset Preparation

AI image generation is only one part of preparing content for publication. Existing photographs and graphics often need adjustments before they can be used across marketing channels.

CapCut’s AI background removal tool helps separate subjects from their original backgrounds. This can be useful when preparing product images, promotional graphics, and other assets that require a different visual setting.

The AI Image Extender addresses the challenge of adapting images to different layouts. By generating content beyond an image’s original boundaries, the tool can help users adjust compositions for different formats without relying entirely on cropping or stretching.

These capabilities can support the preparation of visuals for social media posts, website banners, digital advertisements, and product promotions. They also provide options for repurposing existing creative assets instead of producing entirely new images for every placement.

AI Audio and Photo Animation Expand Creative Options

Marketing content often combines visuals, movement, and sound to communicate a message. Producing these elements separately can add complexity to the creative process.

CapCut’s SeedMusic AI audio generator supports AI-assisted music creation based on creative prompts. Generated music can be used as a starting point for videos, promotional campaigns, and other multimedia projects, subject to appropriate review and usage requirements.

The platform’s Photo-to-3D tool offers another way to adapt still images into more dynamic visual content. This capability can help transform existing photography into animated presentations for product showcases, social media, and digital promotions.

By supporting audio creation and image animation alongside video and image tools, CapCut provides additional options for developing varied marketing materials.

A Connected Workflow for Marketing Content

CapCut’s collection of AI-powered features supports several stages of campaign production within one creative environment. A project could begin with concept images generated through Seedream, followed by visual development with GPT Image 2. Background removal and image expansion can then help prepare assets for different placements.

Selected visuals can be incorporated into video projects using Seedance 2.0, while SeedMusic offers an option for developing accompanying audio. Photo-to-3D can provide another format for repurposing existing images.

Not every campaign requires all these capabilities. Their practical value depends on the content format, production requirements, and intended audience. Reviewing generated assets for accuracy, visual consistency, and suitability remains essential before publication.

Better Business Advice’s recognition of CapCut reflects the growing role of AI-assisted production in digital marketing. As businesses continue to develop content for multiple channels, tools that support video creation, image generation, editing, and multimedia production can help simplify creative workflows while leaving room for human direction and quality control.

The full article can be read at the Better Business Advice website.

About CapCut

CapCut is an AI-powered photo and video editing platform designed to make high-quality video creation accessible across devices. The platform supports creators, businesses, and everyday users with tools for video editing, AI video generation, captions, templates, audio, and visual editing. CapCut is available across mobile, web, desktop, and iPad experiences, helping users create, edit, and prepare video content for social media, marketing, education, and personal projects.

About Better Business Advice: Better Business Advice covers the news and strategies driving modern business success. The information provided by Better Business Advice does not, and is not intended to, constitute legal advice; instead, all information, content, and materials are for general informational purposes only. As an affiliate, Better Business Advice may earn commissions from services mentioned in the links provided.

View original content:https://www.prnewswire.com/news-releases/best-ai-tools-for-marketing-content-2026-capcut-recognized-for-faster-ai-powered-video-and-image-creation-by-better-business-advice-302918030.html

SOURCE BetterBusinessAdvice.com

Continue Reading

Trending