IT Market Growth Accelerates Due to AI, Says Gartner

Gartner predicts a 7.9% increase in IT market spending to $5.43 billion this year, with the strongest growth in data center spending at 42% to $475 billion. Software investment is expected to rise by over 10% to $1.2 billion. The growth is attributed to the continued digitalization efforts around AI, with generative AI spending expected to triple non-KI server spending by 2027.

Title: Austria's Data Center Market: Growth Opportunities and Investment Analysis

Austria's data center market is poised for significant growth, driven by strategic government initiatives and a robust focus on renewable energy. According to the "Austria Data Center Market - Investment Analysis & Growth Opportunities 2025-2030" report [1], the market size is expected to grow at a CAGR of 15.18% from 2024 to 2030.

The Austrian government has introduced an Artificial Intelligence Strategy aimed at enhancing AI adoption, promoting ethical AI usage, and strengthening the country's position as a global innovation hub. Additionally, the country's abundant renewable energy sources contribute to minimizing greenhouse gas emissions and lowering operational costs. The Eurocloud association, supported by the government, has launched the O-Cloud Initiative, which facilitates secure cloud service usage for businesses and individuals. The Digi Scheck program provides public funding to improve digital skills, further bolstering the country's tech landscape.

The report [1] also highlights the presence of several global hyperscale companies, including Microsoft, Google, and Amazon Web Services, expanding their operations in Austria. Construction contractors like blu-3, Ardmac, and Ethos Engineering provide essential services for data center construction. Prominent investors such as AtlasEdge, A1 Telekom Austria Group, and Digital Realty are also active in the market.

The market is segmented into colocation, hyperscale, and enterprise operators. The colocation market revenue is forecasted to grow significantly, with retail and wholesale segments contributing to this growth. The report predicts a strong increase in IT infrastructure spending, driven by the adoption of advanced technologies like generative AI.

In conclusion, Austria's data center market offers substantial growth opportunities, supported by strategic government initiatives and a focus on renewable energy. The market is well-positioned to attract significant investments, making it an attractive destination for IT infrastructure providers and investors.

References

[1] Austria Data Center Market - Investment Analysis & Growth Opportunities 2025-2030. Retrieved from https://www.globenewswire.com/news-release/2025/07/14/3114970/28124/en/Austria-Data-Center-Market-Investment-Analysis-Growth-Opportunities-Report-2025-2030-Coverage-of-19-Existing-and-2-Upcoming-Data-Center-Facilities-Across-8-Cities-in-Austria.html