
Norway Data Center Market Report Includes Size in Terms of
Get Insights on 29 Existing Data Centers and 12 Upcoming Facilities across Norway
Report Attribute | Details |
---|---|
MARKET SIZE (INVESTMENT) | USD 1.40 billion (2028) |
MARKET SIZE (AREA) | 308 thousand sq. Feet (2028) |
MARKET SIZE (POWER CAPACITY) | 66 MW (2028) |
CAGR INVESTMENT (2022-2028) | 10.92% |
COLOCATION MARKET SIZE (REVENUE) | USD 750 Million (2028) |
HISTORIC YEAR | 2021-2022 |
BASE YEAR | 2022 |
FORECAST YEAR | 2023-2028 |
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.
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:
Frequently Asked Questions
How much is the Norway data center market investment expected to grow?
The Norway data center market is expected to witness a year-over-year investment of USD 1.40 billion by 2028.
How many data centers have been identified in Norway?
Norway has around 29 existing and 12 upcoming data centers.
What is the growth rate of the Norway data center market?
The Norway data center market is growing at a CAGR of 10.92% during the forecast period.
What are the driving factors for the Norway data center market?
The Norway data center industry is experiencing significant growth and development fueled by various key factors such as the increasing demand for cloud services, the emergence of technologies like the Internet of Things (IoT) and Big Data, the growing adoption of renewable energy sources, and the deployment of advanced 5G networks.
Who are the key investors in the Norway data center market?
Some key investors in the Norway data center market include Bulk Infrastructure, Green Mountain, Green Edge Compute, and STORESPEED, among others.
Norway data center market size is projected to reach USD 1.40 billion by 2028, growing at a CAGR of 10.92% from 2022 to 2028.
The following factors are likely to contribute to the growth of the Norway data center market during the forecast period:
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the Norway data center market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the market.
The report includes the investment in the following areas:
VENDOR LANDSCAPE
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
Exhibit 1 Third-Party Data Centers Snapshot
Exhibit 2 Third-Party Data Center Snapshot by Cities
Exhibit 3 Area Developed by Cities (Thousand Square Feet)
Exhibit 4 Power Capacity by Cities (MW)
Exhibit 5 Data Center Market Size & Forecast by Investment 2022−2028 ($ Million)
Exhibit 6 Data Center Market Size & Forecast by Area 2022−2028 (Thousand Square Feet)
Exhibit 7 Data Center Market Size & Forecast by Power Capacity 2022−2028 (MW)
Exhibit 8 Data Center Colocation Service Revenue: Market Size & Forecast by 2022−2028 ($ Million)
Exhibit 9 Retail vs. Wholesale Colocation Revenue: Market Size & Forecast by 2022−2028 ($ Million)
Exhibit 10 Retail & Wholesale Colocation Pricing
Exhibit 11 Market Size & Forecast by IT Infrastructure 2022−2028 ($ Million)
Exhibit 12 Market Size & Forecast by Electrical Infrastructure 2022−2028 ($ Million)
Exhibit 13 Market Size & Forecast by Mechanical Infrastructure 2022−2028 ($ Million)
Exhibit 14 Market Size & Forecast by Cooling Systems 2022−2028 ($ Million)
Exhibit 15 Market Size & Forecast by General Construction 2022−2028 ($ Million)
Exhibit 16 Market Size & Forecast by Tier Standards 2022−2028 ($ Million)
List of Tables
Table 1 List of Upcoming Data Center Projects
Table 2 Data Center Site Selection Criteria
Table 3 Overall Market Size & Forecast 2022−2028
Table 4 Market Size & Forecast by Colocation Revenue 2022−2028 ($ Million)
Table 5 Market Size & Forecast by Infrastructure 2022−2028 ($ Million)
Table 6 Market Size & Forecast by IT Infrastructure 2022−2028 ($ Million)
Table 7 Market Size & Forecast by Electrical Infrastructure 2022−2028 ($ Million)
Table 8 Market Size & Forecast by Mechanical Infrastructure 2022−2028 ($ Million)
Table 9 Market Size & Forecast by Cooling Systems 2022−2028 ($ Million)
Table 10 Market Size & Forecast by General Construction 2022−2028 ($ Million)
Table 11 Market Size & Forecast by Tier Standards 2022−2028 ($ Million)
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