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Data Center Market in UK to Grow by USD 37.87 Billion from 2024-2028, Driven by Multi-Cloud Adoption and 5G Network Upgrades, AI’s Impact on Trends – Technavio

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NEW YORK, Feb. 10, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The Data center market in UK  size is estimated to grow by USD 37.87 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  21.8%  during the forecast period. Growing adoption of multi-cloud and network upgrade to support 5G is driving market growth, with a trend towards consolidation of data centers. However, increasing power consumption  poses a challenge. Key market players include Amazon.com Inc., arkdatacentres.co.UK, Baxtel, Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., DXC Technology Co., Equinix Inc., Switch Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., Iron Mountain Inc., Microsoft Corp, Nippon Telegraph and Telephone Corp., Oracle Corp, SAP SE, Verizon Communications Inc., and Virtus.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Component (IT infrastructure, Power management, Mechanical construction, General construction, and Security solutions) and Geography (Europe)

Region Covered

UK

Key companies profiled

Amazon.com Inc., arkdatacentres.co.UK, Baxtel, Cisco Systems Inc., CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., DXC Technology Co., Equinix Inc., Global Switch Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., Iron Mountain Inc., Microsoft Corp, Nippon Telegraph and Telephone Corp., Oracle Corp, SAP SE, Verizon Communications Inc., and Virtus

Key Market Trends Fueling Growth

The Data Center market in the UK is experiencing significant growth due to the increasing adoption of cloud computing, multi-tenant data centers, and digital transformation. Businesses of all sizes, from large enterprises to small businesses, are leveraging cloud solutions for cost savings and flexibility. The rise of the Internet of Things, eCommerce, and digital content is driving the need for more data storage and transmission. Multi-tenant data centers, hyperscale data centers, and edge computing are becoming popular trends, with an emphasis on energy efficiency and eco-friendly solutions. Remote working and 5G networks are also driving the demand for data centers closer to the edge. Hybrid cloud solutions, smart city infrastructure, and AI technologies like machine learning and deep learning are transforming industries such as IT & Telecom, healthcare, manufacturing, and cybersecurity. Tier 3 data centers, colocation, and interconnection platforms are essential for businesses seeking to improve data management and security. The market is witnessing the emergence of modular data centers, prefabricated solutions, and low-latency applications to support the growing demand for real-time processing and high-performance computing. The future of data centers lies in hyper-scalability, automation, and green energy initiatives. 

Data center consolidation is a trending business strategy among enterprises in the UK, driven primarily by the need to reduce operational costs. High power consumption and carbon emissions leading to increased operational expenses have encouraged many organizations to consolidate their data centers. This consolidation can result in cost savings of up to 30%, enhanced security up to 35%, improved efficiency by 50%, and reduced power consumption by 55%. Various enterprises are implementing this strategy by consolidating existing facilities, moving operations to colocation data centers, and adopting cloud-based services. For instance, National Grid recently selected Wipro for data center consolidation and the implementation of a next-generation hybrid cloud architecture in the UK. 

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Market Challenges

The Data Center market in the UK is experiencing significant growth due to the increasing demand for cloud computing, multi-tenant data centers, and digital transformation. Businesses of all sizes, from Large Enterprises to Small Enterprises, are adopting cloud solutions for their eCommerce platforms, digital content, and IoT applications. The rise of 5G networks and edge computing is driving the need for micro data centers and hyperscale data centers. Challenges such as energy efficiency, data security, and asset performance management are top priorities for colocation service providers and hyper-scale operators. The adoption of AI, machine learning, and automation is essential for managing digital data and ensuring the reliability of electrical and mechanical infrastructure. The market is also witnessing the emergence of green data centers and eco-friendly solutions, as well as the integration of generative AI, deep learning, and high-performance computing for data storage and real-time processing. The IT & Telecom, Healthcare, Manufacturing, and Cybersecurity sectors are leading the way in the adoption of these technologies. Colocation services, interconnection platforms, modular data centers, and prefabricated solutions are becoming increasingly popular for their flexibility and scalability. The market is expected to continue growing as businesses seek to optimize their IT infrastructure and improve their digital capabilities.The UK data center market is experiencing substantial growth due to increasing data traffic from Internet penetration, social media usage, automation technologies, smart city initiatives, and AI adoption. Servers and cooling solutions in data centers account for a significant portion of electricity consumption. Energy scarcity is a pressing issue globally, and the UK faces power production and consumption gaps. Large enterprises operate data centers to power millions of users for business continuity, leading to high energy consumption and power costs, as well as environmental concerns such as carbon emissions.

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Segment Overview 

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

ComponentIT InfrastructurePower ManagementMechanical ConstructionGeneral ConstructionSecurity SolutionsGeographyEurope

1.1 IT infrastructure-  The Data Center IT infrastructure market in the UK consists of server infrastructure, storage infrastructure, software-defined data centers (SDDCs), network infrastructure, converged infrastructure, data center automation software, data center backup and recovery software, and DCIM solutions. The demand for these IT infrastructure components is increasing due to the growing need for computing power and storage to support expanding data traffic. Enterprises in the UK are transitioning to cloud technologies, moving their data from on-premises data centers to cloud-based alternatives. This trend is anticipated to boost the demand for servers, storage infrastructure, and other IT equipment during the forecast period. Additionally, investments in providing cloud solutions using hyperscale data centers (HDCs) are on the rise, such as SAP SE’s recent £220 million investment in the UK for its SAP UK data cloud. The advantages of HDCs, including high scalability, cooling efficiency, and workload balancing, are becoming increasingly valuable. The number of HDCs is projected to grow, leading to increased demand for data center IT infrastructure and related solutions worldwide. The COVID-19 pandemic has accelerated the adoption of cloud services and digitization, further fueling the need for advanced IT infrastructure in the UK.

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Research Analysis

The Data Center market in the UK is experiencing significant growth due to the increasing demand for cloud computing, multi-tenant data centers, and digital transformation. Businesses across industries are adopting cloud solutions for their operations, leading to an increase in the demand for data center services. The Internet of Things (IoT) and eCommerce sectors are major contributors to this trend, generating large amounts of data that require secure and efficient storage and processing. Big data, digital content, and high-performance computing are driving the need for advanced electrical and mechanical infrastructure in data centers. Remote working and 5G networks are also fueling the growth of the market, as more businesses rely on cloud services for their day-to-day operations. Data security is a major concern for organizations, leading to the adoption of colocation, hyperscale, and enterprise data centers. Data Center Rating systems are being used to evaluate the efficiency and sustainability of data centers. The market also includes micro data centers and corporate data centers, as well as server storage devices, networking equipment, and digital data. Advanced technologies such as Generative AI, Deep Learning, and High-Performance Computing are being used in data centers for various applications, including data analysis and processing. Hybrid cloud and multi-cloud solutions are also gaining popularity, providing businesses with more flexibility and scalability.

Market Research Overview

The Data Center market in the UK is experiencing significant growth due to the increasing demand for cloud computing, multi-tenant data centers, and digital transformation. With the rise of big data, Internet of Things (IoT), eCommerce, and digital content, there is a need for more efficient and scalable data center solutions. This has led to the emergence of various types of data centers such as hyperscale, edge, micro, and Tier 3 data centers. Energy efficiency and eco-friendly solutions are becoming essential as data centers consume vast amounts of electricity. The adoption of renewable energy sources, generative AI, and deep learning is helping reduce carbon emissions. The market is also witnessing the deployment of 5G networks, which require low-latency applications and edge data centers to support the growing number of smartphones and IoT devices. Hybrid cloud solutions, colocation services, and interconnection platforms are becoming popular as businesses seek to manage their digital data securely and efficiently. Moreover, the healthcare, manufacturing, IT & telecom, and cybersecurity industries are investing heavily in data centers to support their digital transformation initiatives. The market is expected to continue growing as businesses adopt automation, artificial intelligence, and machine learning to enhance their operations and gain a competitive edge.

Table of Contents:

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

ComponentIT InfrastructurePower ManagementMechanical ConstructionGeneral ConstructionSecurity SolutionsGeographyEurope

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/

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SOURCE Technavio

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China’s Long March: The Journey Goes On

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October 21, 2026

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MACAO, Oct. 21, 2026 /PRNewswire/ — This is a report from Xinhua News Agency:

There is a chapter of history every Chinese child learns in school.

There is a poem that generations of Chinese people have learned by heart.

There is a song millions can sing from its very first notes.

In stories, in verses, in melodies, they all point to the same chapter of history: the Long March.

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SOURCE Xinhua News Agency

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Target Makes it Easier for Guests to Discover Stylish Holiday Gifts They Can’t Wait to Give

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October 21, 2026

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Target is offering more than 8,000 new gifts, with more than half exclusive to the retailerMost new holiday items at Target are $20 or less, including thousands $5 and underNew AI-powered shopping experiences, daily deals and early Black Friday savings simplify gifting

MINNEAPOLIS, Oct 21, 2026 /PRNewswire/ — Target Corporation (NYSE: TGT) is putting gifting at the heart of the holidays, bringing guests more than 8,000 new stylish gifts they can’t wait to give. More than half of the new assortment is available only at Target, with thousands of gifts priced at $5 and under. New AI-powered shopping experiences, fresh ways to discover gifts and deals throughout the season will make it easier for guests to find something special for everyone on the list.

“This holiday season, guests will see and feel the changes we’ve been making across Target, bringing together the style, design and value they expect from us with an experience that makes shopping easier and more inspiring,” said Michael Fiddelke, chief executive officer, Target. “We know guests turn to Target for gifting, gathering and everything in between, and our team is ready to help busy families discover more joy in those moments throughout the season.”

Stylish gifts at an incredible value
As consumers continue to look for affordable ways to give gifts that feel special, Target is leaning into one of the season’s biggest trends: luxe-for-less gifting. This year’s assortment includes 100% cashmere (excluding functional trim) starting at $25, pajamas for all from $10, festive decor from $5, faux fur throws at $30, top toys from LEGO, Barbie and Nintendo, new and exclusive gifts from prestige, emerging and global beauty brands at Target Beauty Studio, nostalgic sweet treats and host gifts from Favorite Day and exclusive finds for sports and wellness fans, making it easy for guests to find gifts that feel elevated at every price point.

“Guests tell us they want to give gifts that are thoughtful and personal, while feeling good about what they’re spending,” said Cara Sylvester, executive vice president and chief merchandising officer, Target. “That’s why we’ve brought together the brands they love, exciting trends and unexpected finds they won’t see anywhere else — all at prices that make it easier to get that ‘I can’t wait to give this’ gift.”

More ways to discover the perfect gift
New this season, Ask Target, an AI-powered shopping assistant available in beta on Target.com and the Target app, helps guests find inspiration, narrow their choices and shop with confidence and ease. Additional AI-powered features and a digital holiday kids catalog offer more ways to discover gifts for everyone on the list.

Target’s new Academy of Giftology holiday marketing campaign, launching in November, will tackle familiar gifting dilemmas with playful inspiration to help guests gift it their all and find gifts they’ll be excited to give.

More ways to save, from the first gift to the last
Beginning Nov. 1, guests can shop a new Deal of the Day every day through Dec. 24, with a first-ever one-day preview of upcoming offers to help them plan ahead. Early Black Friday deals run Nov. 5–7, followed by new limited-time offers every weekend throughout the holiday season.

The joy of gift giving
Through Target’s partnership with St. Jude Children’s Research Hospital, guests can give a gift that helps give back with the Gigglescape St. Jude bear, with a donation tied to each purchase while supplies last.

About Target
Target Corporation (NYSE: TGT) brings together style, design and value to offer a distinct assortment and elevated shopping experience across more than 2,000 U.S. stores and online. Powered by more than 400,000 team members, Target serves millions of families each week and invests in the communities where they live and work to support growth and opportunity for all.

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SOURCE Target Corporation

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illumend CEO: Building a COI Tracker with AI Is Easy. Verifying Insurance Compliance Is Not.

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6 minutes ago

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October 21, 2026

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Kristen Nunery warns that homegrown Certificate of Insurance tracking tools can create a false sense of security when businesses mistake collecting insurance documents for verifying coverage and compliance

INDIANAPOLIS, Oct. 21, 2026 /PRNewswire/ — As general-purpose artificial intelligence (AI) makes it easier for businesses to build their own software, Kristen Nunery, founder and CEO of illumend, is warning construction and property management companies against a costly misconception: that building a Certificate of Insurance (COI) tracking system is the same as verifying that contractors and other third parties have the insurance coverage their contracts require.

In her new article, “You Can Build a COI Tracker with AI. That Doesn’t Mean You Should,” Nunery explains that general-purpose AI tools such as ChatGPT can help businesses create applications that collect certificates, track expiration dates, and automate reminders. But those capabilities address only part of the insurance compliance process. Determining whether coverage satisfies contractual requirements involves interpreting insurance documents, reviewing endorsements, identifying exclusions and resolving discrepancies that basic tracking software may overlook.

“AI has democratized the ability to build software. It hasn’t democratized the expertise to make the right insurance decision,” said Nunery, who has spent 16 years in insurance compliance. “If you don’t have a compliance process today, you’re not automating a process. You’re automating your best guess.”

Why a COI Tracker Is Not an Insurance Compliance Verification System

According to Nunery, the critical distinction is between tracking the existence and expiration of insurance documents and verifying whether the underlying coverage meets contractual obligations.

A homegrown COI tracker may confirm that a certificate is current, record policy limits, and flag missing documents. But a current certificate does not necessarily mean a contractor is adequately insured or compliant with an agreement’s terms.

For example, a subcontractor may submit a certificate showing sufficient general liability limits and additional insured status. Yet the underlying endorsement may be a CG 20 10 covering ongoing operations only, while the contract also requires completed-operations coverage under a CG 20 37 or equivalent endorsement. A basic tracker could mark the subcontractor as compliant despite the missing coverage.

“The tracker didn’t misread anything,” Nunery said. “It never had the contract requirement, the endorsement language, or the connection between the two.”

Other potential gaps include incorrectly named insured entities, missing endorsements, inadequate completed-operations coverage, and policy provisions that fail to satisfy contractual insurance requirements. Identifying these issues requires evaluating insurance evidence in context, not simply extracting data from a certificate.

Why Insurance Compliance Verification Requires Specialized Technology

Nunery argues that businesses seeking to move beyond basic COI tracking need technology designed specifically for insurance compliance verification, with insurance expertise embedded in how the system evaluates coverage.

Unlike homegrown tracking tools, specialized compliance platforms such as illumend compare insurance documents against established contractual requirements, examine supporting endorsements, identify coverage gaps, and explain findings that require attention.

This approach powers Lumie, illumend’s specialized AI-powered insurance compliance expert. Lumie reviews certificates and endorsements against established requirements, flags potential deficiencies and provides supporting evidence for its determinations, while allowing compliance professionals to review and resolve exceptions.

“AI should do more than flag a problem. It should show you what it found, which requirement it evaluated, and the evidence behind its assessment,” Nunery said. “Lumie applies insurance expertise at scale and creates a clear record of its findings, so teams can act on routine determinations efficiently and focus their attention on exceptions that need a closer look.”

Nunery’s perspective draws on her experience building myCOI, whose technology has reviewed more than 45 million insurance documents and identified more than 2 million coverage gaps before they became claims, according to company figures.

Build a COI Tracker or Buy a Compliance Platform? The Questions Businesses Should Ask

For organizations considering building their own COI software, Nunery recommends first determining whether they need a document-tracking application or a comprehensive insurance compliance verification system.

Basic tracking needs may be addressed with spreadsheets, conventional software, or applications built with general-purpose AI. But verifying compliance requires substantially more: translating contractual insurance requirements into rules, reviewing endorsements and policy evidence, identifying exceptions, documenting decisions, and maintaining an auditable compliance process.

Businesses must also consider who will keep insurance requirements current, validate the system’s determinations, investigate discrepancies, and maintain the records needed to support compliance decisions during claims or audits.

“Building the software happens once,” Nunery said. “Running a compliance system means keeping requirements, evidence, follow-ups, decisions and the audit trail current, every day it’s in use.”

To read Nunery’s full article, visit https://www.illumend.ai/evaluation-buying/build-vs-buy-coi-tracking-software-ai

About illumend
Founded in 2025, illumend™ is the AI-powered platform redefining how businesses manage third-party insurance compliance and risk. Backed by myCOI, the leader in third-party insurance compliance management with more than 16 years of expertise, illumend reimagines compliance by guiding every step of the process—from document review and expiration tracking to risk flagging, communication, and resolution—within one intuitive system. Built on myCOI’s institutional foundation—having processed more than 45 million documents, managed over 1.2 million agreements, cleared more than 750,000 third-party partners, and identified more than two million coverage gaps before claims—illumend brings this depth of compliance intelligence into an AI-native platform. At its core is Lumie, illumend’s conversational AI guide that reads complex insurance documents, flags issues in real time, and explains them in language anyone can act on. To learn more, visit https://www.illumend.ai.

Media contact:
Michael Tebo
Gabriel Marketing Group (for illumend)
Phone: 571-835-8775
Email: michaelt@gabrielmarketing.com

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SOURCE illumend

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