The market for data centres in EMEA is expected to grow annually by 5.5% to reach $65.66 billion by 2027. This growth is driven by the massive demand for data storage and processing as we all live increasingly digital lives. COVID lockdowns enforced radical and rapid changes in the way people work and socialise online, creating huge boost for hybrid and online work as well as streamed entertainment and social media. As we emerge from the crisis these changes will not only remain but accelerate.
New demand, emerging markets
This means there is unprecedented need for more data centre capacity closer to people who want to use digital services. App developers, streaming services, cloud providers, public sector organisations, transport and mobility innovators, to name but a few, want to digitally serve populations across EMEA and increasingly require facilities across the region.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.
