Get ready for growth: Key Indicators show promising future of European digital infrastructure
Launch of KickStart Europe 2018 Outlook report
Amsterdam, February 20, 2018 - By the industry, for the industry. That was the aim of the KickStart Europe summit, organized by Digital Gateway to Europe last January. Today, the KickStart Europe 2018 Outlook report is published, which shares the important keynotes of this Strategy & Networking Summit, and the key indicators of future growth. All indicators predict exponential growth is happening. Data creation and replication is expected to grow with 231% in 2022, to almost 70 ZB a year. Is the digital infrastructure industry prepared?
By the industry, for the industry
"Only by collaborating we can prepare for the extensive growth in demand for data", says Stijn Grove, Chairman of KickStart Europe. "It is the only way in which the cloud, connectivity and data center industry is able to continue servicing the economy." To help the industry to work together, KickStart Europe was launched to kick-off the year 2018. Around 300 C-level executives, coming from 15 different countries, the industry came together to discuss future trends and investments in technology and digital infrastructure.
The Outlook 2018 report goes further where the event ended; what does the industry have to know about what is heading our way, and how can we as the industry prepare?
Growth, Growth & Growth
One thing we can expect for the future is growth. In relative numbers, such as 155% growth in XaaS spending in 2022, but most definitely in absolute numbers. Mobile data traffic in Europe is expected to grow to over 5700 PB per month in 2022. On a global scale, the revenue of AI will go towards $24 bln in 2022, compared to the $2,1 bln that was generated for AI in 2017.
According to IDC, the amount of zetabytes created on an annual basis will grow with almost 300% over the next five years. Mobile data creation is even growing faster, with video being the main driver. So there is a lot coming our way.
Download the 2018 Outlook report
The 2018 Outlook report by KickStart Europe is available for download here.
The KickStart Europe Summit Conference is an initiative by Digital Gateway to Europe events.
Digital Gateway to Europe is the organisation promoting the data center industry in Europe. We organize events such as trade missions, trade shows, launchpads and other meetups to share information about the digital infrastructure and data hub. Scale-ups, start-ups and enterprises who would like more in-depth information can consult our Digital Gateway to Europe knowledge database.
Visit www.digitalgateway.eu for more information on our events, publications and upcoming trade missions. Stay up to date by subscribing to our newsletter.
Note to editors
For more information please contact:
Judith de Lange
KickStart Europe / Digital Gateway to Europe
0031 20 303 7860 / email@example.com
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