MARKET OVERVIEW

The Norway data center market size will witness investments of USD 1.40 billion by 2028, growing at a CAGR of 10.92% during the forecast period. Major cloud service providers like IBM, AWS, Google, and Microsoft Azure are expanding their presence in Norway by establishing new cloud regions and availability zones. Google announced plans for a new cloud region in October 2022, and Microsoft introduced three availability zones in September 2021. Furthermore, key players such as Green Mountain, Lefdal Mine Datacenter, and Bulk Infrastructure are investing significantly in expanding their facilities in the Norway data center market. Green Mountain's data center for TikTok, with an initial power capacity of 90 MW and an annual investment of $1.26 billion, is an example of such expansion.

The Norway data center market experiences robust growth due to strong government support, focused incubation programs, and proactive promotion of the country as an attractive data center destination. Moreover, stringent data protection laws and the implementation of new regulations in April 2023 further enhance the business environment for data center development and investment.

Norway's government actively promotes the adoption of renewable energy sources, setting a target of achieving net-zero emissions by 2050. Initiatives like producing 30 GW of offshore wind energy by 2040 significantly meet the country's energy needs and support sustainable data center operations.

KEY HIGHLIGHTS

• The Norway data center market is experiencing rapid expansion in the Nordic region. This growth is fueled by several factors, including the increasing digitalization trend, strong government initiatives supporting the technology sector, and a high adoption rate of High-Performance Computing (HPC) technologies.
• Norway's strategic location, extensive coastline, and proactive expansion of submarine cable networks have significantly improved connectivity and eliminated latency disadvantages. As a result, data centers in Norway can seamlessly connect with global networks, enabling efficient data transfer and communication with other regions and continents.
• The government plays a crucial role in driving the growth of the Norway data center market. Their support through incubation programs and active promotion of Norway as a data center destination has fostered a favorable business environment for data center operators, contributing to the market's expansion.
• Norway's commitment to renewable energy and achieving net-zero emissions by 2050 has drawn operators with a strong focus on sustainability. The high proportion of renewable energy in Norway's electricity mix positions the country as an attractive data center location for environmentally conscious businesses.
• Leading corporations, like ByteDance (parent company of TikTok) and Volkswagen AG, are partnering with operators in Norway to achieve their carbon neutrality goals. These collaborations involve running data centers exclusively on 100% renewable energy, primarily sourced from hydropower.
• Norway has made significant progress in deploying 5G technology, providing high household coverage and impressive download speeds. Telecom operators like Telia, Ericsson, and Nokia are actively testing and expanding 5G networks, aligning with the country's commitment to innovation and sustainable growth in the telecom industry.
• Norway's district heating production is rising, driven by the increasing demand for sustainable operations. Initiatives connecting data centers to local district heating systems, like Stack Infrastructure's OSL01 facility, further promote energy efficiency and reduce carbon emissions by utilizing excess heat for heating homes and nearby facilities.

WHY SHOULD YOU BUY THIS RESEARCH?

• Market size available in the investment, area, power capacity, and Norway colocation market revenue.
• An assessment of the data center investment in Norway by colocation and enterprise operators.
• Investments in the area (square feet) and power capacity (MW) across locations in the country.
• A detailed study of the existing Norway data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.
• Snapshot of existing and upcoming third-party data center facilities in Norway
  • Facilities Covered (Existing): 29
  • Facilities Identified (Upcoming): 12
  • Coverage: 12+ Locations
  • Existing vs. Upcoming (Area)
  • Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in Norway
  • Market Revenue & Forecast (2022-2028)
  • Retail Colocation Pricing
• The Norway 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 market.
• Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
• A transparent research methodology and the analysis of the demand and supply aspects of the market.

VENDOR LANDSCAPE

• Some key investors in the Norway data center market include Bulk Infrastructure, Green Mountain, Green Edge Compute, and STORESPEED, among others.
• The market has witnessed data center investments from new entrants, such as AQ Compute, Namsos Datasenter, and STACK Infrastructure.
• The construction contractors in the country have both global and local presence, supplying major operators in the market. For instance, Coromatic, COWI, CTS Nordics, Designer Group, KeySource, Olaris AS, Red Engineering, and YTT. However, there is a slight fluctuation and variation in construction costs due to land-related activities.

EXISTING VS. UPCOMING DATA CENTERS

• Existing Facilities in the Region (Area and Power Capacity)
  • Oslo
  • Other Cities
• List of Upcoming Facilities in the region (Area and Power Capacity)

REPORT COVERAGE:

This report analyses the Norway data center market share. It elaboratively 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
  • Servers
  • Storage Systems
  • 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 & CRAH Units
  • Chiller Units
  • Cooling Towers, Condensers & Dry Coolers
  • Economizers & Evaporative Coolers
  • Other Cooling Units
• General Construction
  • Core & Shell Development
  • Installation & Commissioning Services
  • Engineering & Building Design
  • Fire Detection & Suppression Systems
  • Physical Security
  • DCIM
• Tier Standard
  • Tier I & Tier II
  • Tier III
  • Tier IV

VENDOR LANDSCAPE

• IT Infrastructure Providers: Arista Networks, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, Huawei Technologies, Hitachi Vantara, IBM, Juniper Networks, Lenovo, NetApp, NetNordic, Oracle, Pure Storage, Super Micro Computer.
• Data Center Construction Contractors & Sub-Contractors: Coromatic, COWI, CTS Nordics, Designer Group, KeySource, Olaris AS, Red Engineering, YTT.
• Support Infrastructure Providers: ABB, Alfa Laval, Austin Hughes, Carrier, Caterpillar, Comsys, Cummins, DEIF, Eaton, FlaktGroup, HITEC Power Protection, KOHLER-SDMO, Legrand, Perkins Engines, Piller Power Systems, Rittal, Rolls-Royce, Schneider Electric, Socomec, STULZ, Trane, and Vertiv.
• Data Center Investors: Bulk Infrastructure, Green Mountain, Green Edge Compute, and STORESPEED.
• New Entrants: AQ Compute, Namsos Datasenter, and STACK Infrastructure.