Finland Data Center Market - Investment Analysis & Growth Opportunities 2025-2030
THE FINLAND DATA CENTER MARKET SIZE WAS VALUED AT USD 398 MILLION IN 2024 AND IS EXPECTED TO REACH USD 5.23 BILLION BY 2030, GROWING AT A CAGR OF 53.6% DURING THE FORECAST PERIOD.
THE FINLAND DATA CENTER MARKET SIZE WAS VALUED AT USD 398 MILLION IN 2024 AND IS EXPECTED TO REACH USD 5.23 BILLION BY 2030, GROWING AT A CAGR OF 53.6% DURING THE FORECAST PERIOD.
Finland Data Center Market Report Includes Size in Terms of
- IT Infrastructure: Server Infrastructure, Storage Infrastructure, and Network Infrastructure
- Electrical Infrastructure: UPS Systems, Generators, Transfer Switches & Switchgears, PDUs, and Other Electrical Infrastructure
- Mechanical Infrastructure: Cooling Systems, Rack Cabinets, and Other Mechanical Infrastructure
- Cooling Systems: CRAC and CRAH Units, Chillers Units, Cooling Towers, Condensers, and Dry Coolers, and Other Cooling Units
- General Construction: Core & Shell Development, Installation & Commissioning Services, Building & Engineering Design, Fire Detection & Suppression Systems, Physical Security, and Data Center Infrastructure Management (DCIM)
- Tier Standard: Tier I & Tier II, Tier III, and Tier IV
Get Insights on 20 Existing Data Centers and 04 Upcoming Facilities across Finland
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
FINLAND DATA CENTER MARKET REPORT SCOPE
REPORT ATTRIBUTE | DETAILS |
---|---|
MARKET SIZE (INVESTMENT) | USD 5.23 Billion (2030) |
MARKET SIZE (AREA) | 1,347.0 thousand sq. feet (2030) |
MARKET SIZE (POWER CAPACITY) | 293.0 MW (2030) |
CAGR - INVESTMENT (2024-2030) | 53.6% |
COLOCATION MARKET SIZE (REVENUE) | USD 660 Million (2030) |
HISTORIC YEAR | 2021-2023 |
BASE YEAR | 2024 |
FORECAST YEAR | 2025-2030 |
FINLAND DATA CENTER MARKET SIZE & OUTLOOK
The Finland data center market size was valued at USD 398 million in 2024 and is expected to reach USD 5.23 billion by 2030, growing at a CAGR of 53.6% during the forecast period. Finland is regarded as a favorable business destination due to its strategic location between Western Europe and Asia, offering seamless connectivity to both markets. Its well-developed logistics and trade networks support strong import-export ties with major economies like Germany, China, and the US. The country's stable political climate, transparent regulatory environment, and business-friendly policies have consistently attracted multinational companies. These factors contribute to the country's growing reputation as a gateway for international business operations in Northern Europe. Finland accounted for a share of around 4.6% in the Nordic data center market in 2024.
Finland is host to an expanding network of foreign cloud service providers, such as Microsoft, which is constructing extensive facilities there, and Google, which is already active in the nation. These large-scale investments highlight Finland's rise to prominence as Northern Europe's dependable cloud hub. Furthermore, the Finland data center market is full of potential, especially in brownfield redevelopment, AI infrastructure, and sustainable heat reuse. Projects including the Varanto seasonal thermal storage and the hydrogen-ready parks in Pori reflect Finland’s commitment to energy innovation. With the continued focus on climate resilience, AI-readiness, and global connectivity, Finland is poised to become a Northern European powerhouse in the digital infrastructure sector.
KEY HIGHLIGHTS
- Finland’s cold climate, with average annual temperatures falling below 6°C, offers ideal conditions for natural free cooling in data centers, significantly reducing energy consumption for cooling infrastructure.
- The Finnish government aims for carbon neutrality by 2035, supported by national strategies focused on clean energy, digitalization, and circular economy practices, with substantial investments in low-carbon technologies and sustainable infrastructure.
- The number of facilities is increasing in the Finland data center market, particularly in Helsinki, Espoo, and Tampere. This is estimated to witness immense growth. The country is one of the developing and emerging markets for data center development in the Nordics. Over 90% of buildings in Helsinki are connected to district heating, making it one of Europe’s most advanced urban heating networks. The city continues to expand its reach and integrate renewable and recycled energy sources, including data center heat.
- About 40%–48% of Finland’s energy mix comes from renewables (wind, hydro, bioenergy), with the growing wind and nuclear energy sources complementing district heating, making low-carbon power widely accessible. As of Q1 2025, the average industrial electricity price ranged between $0.17 to $0.19 per kWh.
WHY SHOULD YOU BUY THIS RESEARCH?
- Market size available in the investment area, power capacity, and the Finland colocation market revenue.
- Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
- A detailed study of the existing Finland data center market landscape, an in-depth market analysis, and insightful predictions about the Finland data center market size during the forecast period.
- Snapshot of existing and upcoming third-party data center facilities in Finland
- Facilities Covered (Existing): 20
- Facilities Identified (Upcoming): 04
- Coverage: 6+ Locations
- Existing vs. Upcoming (Data Center Area)
- Existing vs. Upcoming (IT Load Capacity)
- Data center colocation market in Finland
- Colocation Market Revenue & Forecast (2021-2030)
- Wholesale vs. Retail Colocation Revenue (2021-2030)
- Retail Colocation Pricing
- Wholesale Colocation Pricing
- The Finland data center landscape market investments are classified into IT, power, cooling, and general construction services, with sizing and forecast.
- A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
- Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
- A transparent research methodology and the analysis of the demand and supply aspects of the industry.
FINLAND DATA CENTER MARKET VENDOR LANDSCAPE
- The Finland data center market is defined by a mix of global operators and local developers. Major international firms, such as Equinix, Google, and Verne Global, maintain significant operations in the country. Furthermore, local players, including Elisa, Herman IT, and Telia Finland, are investing heavily in energy-efficient and sustainable facilities.
- New entrants and venture-backed developers have been looking to capitalize on Finland’s green energy, cold climate, and advanced fiber infrastructure. The financial and public sectors of Finland are expected to embrace quicker digital transformation, with the completion of the construction of Microsoft’s data center in the southern region.
- The Finland data center market has the presence of major cloud operators such as Google. Microsoft is planning to have three cloud regions in Helsinki, Finland. Microsoft is currently developing three data center facilities in Espoo, Vihti, and Kirkkonummi.
The Finland data center market has the presence of several colocation data center operators such as Elisa, Equinix, Herman IT, Telia Group, and Ficolo. The market is witnessing a boom with the entry of atNorth, Green Mountain, Stack Infrastructure, Bulk Infrastructure, and STORESPEED. In Finland specifically, operators like Telia are already expanding capacity to meet annual capacity increases driven by AI workloads, which require much higher power and cooling densities. As AI adoption continues, colocation providers are upgrading facilities with liquid cooling and optimized power delivery to support rack densities well above traditional 7 kW, gearing up for sustained AI-driven growth.
EXISTING VS. UPCOMING DATA CENTERS
- Existing Facilities in the Region (Area and Power Capacity)
- Helsinki
- Other Cities
- List of Upcoming Facilities in the Region (Area and Power Capacity)
- Helsinki
- Other Cities
VENDOR LANDSCAPE
- IT Infrastructure Providers: Arista Networks, Atos, Dell Technologies, Extreme Networks, Hewlett Packard Enterprise, Huawei Technologies, IBM, Juniper Networks, NEC, and Oracle.
- Data Center Construction Contractors & Sub-Contractors: AFRY, Destia Oy, Fluor Corporation, Granlund Group, Kirby Group Engineering, Olla Architecture, RED Engineering Design, Ramboll, Haskoning, Sundstrom, Winthrop Technologies, Bravida, Caverion, NCC, and Sweco.
- Support Infrastructure Providers: ABB, Airedale, Caterpillar, Cummins, Delta Electronics, Eaton, HITEC Power Protection, Legrand, Rittal, Schneider Electric, STULZ, Trane, and Vertiv.
- Data Center Investors: Elisa, Equinix, Google, Data‑Enter Oy, Telia Finland, and Verne Global.
- New Entrants: atNorth, Borealis Data Center, Edgnex Data Centres By DAMAC, Microsoft, Polarnode, and STORESPEED.
SNAPSHOT
The Finland data center market size is projected to reach USD 5.23 billion by 2030, growing at a CAGR of 53.6% from 2024 to 2030.
The following factors are likely to contribute to the growth of the Finland data center market during the forecast period:
- Submarine Cables & Inland Connectivity
- Adoption of Cloud-based Services
- Shift toward Sustainable and Green Data Centers
Base Year: 2024
Forecast Year: 2025-2030
The report considers the present scenario of the Finland data center market and its market dynamics for 2025-2030. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the industry.
This report also analyses the Finland data center market share. It elaborately analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:
- IT Infrastructure
- Server Infrastructure
- Storage Infrastructure
- Network Infrastructure
- Electrical Infrastructure
- UPS Systems
- Generators
- Transfer Switches & Switchgears
- PDUs
- Other Electrical Infrastructure
- Mechanical Infrastructure
- Cooling Systems
- Rack Cabinets
- Other Mechanical Infrastructure
- Cooling Systems
- CRAC and CRAH Units
- Chillers Units
- Cooling Towers, Condensers, and Dry Coolers
- Other Cooling Units
- General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Building & Engineering Design
- Fire Detection & Suppression Systems
- Physical Security
- Data Center Infrastructure Management (DCIM)
- Tier Standard
- Tier I & Tier II
- Tier III
- Tier IV
VENDOR LANDSCAPE
IT Infrastructure Providers
- Arista Networks
- Atos
- Dell Technologies
- Extreme Networks
- Hewlett Packard Enterprise
- Huawei Technologies
- IBM
- Juniper Networks
- NEC
- Oracle
Data Center Construction Contractors & Sub-Contractors
- AFRY
- Destia Oy
- Fluor Corporation
- Granlund Group
- Kirby Group Engineering
- Olla Architecture
- RED Engineering Design
- Ramboll
- Haskoning
- Sundstrom
- Winthrop Technologies
- Bravida
- Caverion
- NCC
- Sweco
Support Infrastructure Providers
- ABB
- Airedale
- Caterpillar
- Cummins
- Delta Electronics
- Eaton
- HITEC Power Protection
- Legrand
- Rittal
- Schneider Electric
- STULZ
- Trane
- Vertiv
Data Center Investors
- Elisa
- Equinix
- Data Enter Oy
- Telia Finland
- Verne Global
New Entrants
- atNorth
- Borealis Data Center
- Edgnex Data Centres By DAMAC
- Microsoft
- Polarnode
- STORESPEED
FINLAND DATA CENTER MARKET FAQs
How big is the Finland data center market?
What is the growth rate of the Finland data center market?
How much MW of power capacity will be added across Finland during 2025-2030?
What factors are driving the Finland data center market?
LIST OF EXHIBITS
Exhibit 1: Finland Data Center Market: Historical vs Present & Forecast
Exhibit 2: Finland Data Center Market Snapshot
Exhibit 3: Existing and Upcoming Third-party Data Centers Investment in Finland (Thousand Square Feet & MW)
Exhibit 4: Reciprocal Tariffs Imposed by the U.S. in some of Key Countries
Exhibit 5: Tariffs Imposed on the U.S. Imports by Key Trade Partners
Exhibit 6: Finland Data Center Market Investment: Market Size & Forecast ($ Million)
Exhibit 7: Digital Data in Finland
Exhibit 8: Finland Data Center Market Area: Market Size & Forecast (Million Square Feet)
Exhibit 9: Finland Data Center Market Power Capacity: Market Size & Forecast (MW)
Exhibit 10: Finland Data Center Market Colocation Revenue: Market Size & Forecast ($ Million)
Exhibit 11: Finland Data Center Market Retail Vs Wholesale Colocation Revenue: Market Size & Forecast ($ Million)
Exhibit 12: Retail vs Wholesale Colocation Pricing
Exhibit 13: Sustainability Targets by Colocation Companies Operating in Finland
Exhibit 14: Finland Data Center Market by IT Infrastructure: Market Size & Forecast ($ Million)
Exhibit 15: Finland Data Center Market by Electrical Infrastructure: Market Size & Forecast ($ Million) 48
Exhibit 16: Finland Data Center Market by Mechanical Infrastructure: Market Size & Forecast ($ Million)
Exhibit 17: Finland Data Center Market by Cooling Systems: Market Size & Forecast ($ Million)
Exhibit 18: Break Up of Data Center Construction Cost
Exhibit 19: Finland Data Center Market by General Construction: Market Size & Forecast ($ Million)
Exhibit 20: Finland Data Center Market by Tier Standards: Market Size & Forecast ($ Million)
LIST OF TABLES
Table 1: List of Upcoming Data Center Projects in Finland
Table 2: List of Key Upcoming Submarine Cables
Table 3: List of Existing and Upcoming Cloud Regions Along With The Availability Zones in Finland
Table 4: Finland Data Center Market Size & Forecast (2021-2030)
Table 5: Finland Data Center Colocation Service Revenue by Colocation Service Type ($ Million) (2021-2030)
Table 6: Finland Data Center Market by Infrastructure ($ Million) (2021-2030)
Table 7: Finland Data Center Market by IT Infrastructure ($ Million) (2021-2030)
Table 8: Finland Data Center Market by Electrical Infrastructure ($ Million) (2021-2030)
Table 9: Finland Data Center Market by Mechanical Infrastructure ($ Million) (2021-2030)
Table 10: Finland Data Center Market by Cooling Systems ($ Million) (2021-2030)
Table 11: Finland Data Center Market by General Construction ($ Million) (2021-2030)
Table 12: Finland Data Center Market by Tier Standards ($ Million) (2021-2030)
1. EXISTING & UPCOMING THIRD-PARTY DATA CENTERS IN FINLAND
1.1. Historical Market Scenario
1.2. 20 Unique Data Center Properties
1.3. Data Center IT Load Capacity
1.4. Data Center White Floor Area Space
1.5. Existing vs Upcoming Data Center Capacity by Cities
1.6. Locations Covered
1.6.1. Helsinki
1.6.2. Other Cities
1.7. List of Upcoming Data Center Projects
2. INVESTMENT OPPORTUNITIES IN FINLAND
2.1. Microeconomic & Macroeconomic Factors for The Finland Market
2.2. Impact of The Ongoing Tariff War
2.3. Investment Opportunities in Finland
2.4. Digital Data in Finland
2.5. Investment by Area
2.6. Investment by Power Capacity
3. DATA CENTER COLOCATION MARKET IN FINLAND
3.1. Colocation Services Market in Finland
3.2. Retail vs Wholesale Data Center Colocation
3.3. Digital Landscape in Finland
3.4. Retail vs Wholesale Colocation Pricing (Quarter Rack, Half Rack, and Full Rack) & Add-ons
4. MARKET DYNAMICS
4.1. Market Enablers
4.2. Market Trends
4.3. Market Restraints
5. MARKET SEGMENTATION
5.1. IT Infrastructure Segmentation
5.2. Electrical Infrastructure Segmentation
5.3. Mechanical Infrastructure Segmentation
5.4. General Construction Segmentation
5.5. TIER STANDARD INVESTMENT
5.5.1. Tier I & II
5.5.2. Tier III
5.5.3. Tier IV
6. KEY MARKET PARTICIPANTS
6.1. IT Infrastructure Providers
6.2. Construction Contractors & Sub-contractors
6.3. Support Infrastructure Providers
6.4. Data Center Investors
6.5. New Entrants
7. APPENDIX
7.1. Market Derivation
7.2. Site Selection Criteria
7.3. Quantitative Summary
7.4. List of Abbreviations
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Frequently Asked Questions
How big is the Finland data center market?
What is the growth rate of the Finland data center market?
How much MW of power capacity will be added across Finland during 2025-2030?
What factors are driving the Finland data center market?