Artificial Intelligence

The Netherlands data center market is likely to grow at a CAGR of around 5% during the period 2018?2024

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New York, April 30, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Netherlands Data Center Market – Investment Analysis and Growth Opportunities 2019-2024” – https://www.reportlinker.com/p05796167/?utm_source=GNW
The growth in artificial intelligence and IoT will develop the demand for edge computing and edge data centers in the country. The digital sector in the Netherlands is growing at over 12% YOY. The country is considered the second largest data center in Europe. The internet penetration in the country is 96%, and government initiatives in developing digital economy further support data center growth. High growth in digital economy in Netherland results in increase in demand for data centers at a record high pace with almost 20% of FDI in the Netherlands is driven by digital activities. The National Smart City Strategy focuses on G5 of the Netherlands largest five cities (Amsterdam, Rotterdam, the Hague, Utrecht, and Eindhoven) on cybersecurity, privacy, interoperability, hyperconnectivity, open source digital infrastructure, standardization, and finance.
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