Norway Data Center Market - Investment Analysis & Growth Opportunities 2025-2030

THE NORWAY DATA CENTER MARKET SIZE WAS VALUED AT USD 1.55 BILLION IN 2024 AND IS EXPECTED TO REACH USD 2.79 BILLION BY 2030, GROWING AT A CAGR OF 10.29% DURING THE FORECAST PERIOD

Norway Data Center Market Report

Norway Data Center Market - Investment Analysis & Growth Opportunities 2025-2030

123 pages

11 tables

16 charts

1 region

1 countries

74 company

6 segments

Purchase Options

$3500
$3650
$4999
$2000

THE NORWAY DATA CENTER MARKET SIZE WAS VALUED AT USD 1.55 BILLION IN 2024 AND IS EXPECTED TO REACH USD 2.79 BILLION BY 2030, GROWING AT A CAGR OF 10.29% DURING THE FORECAST PERIOD

The Norway Data Center Market Report Includes Size in Terms of

  1. IT Infrastructure: Servers, Storage Systems, and Network Infrastructure
  2. Electrical Infrastructure: UPS Systems, Generators, Transfer Switches & Switchgears, PDUs, and Other Electrical Infrastructure
  3. Mechanical Infrastructure: Cooling Systems, Rack Cabinets, and Other Mechanical Infrastructure
  4. Cooling Systems: CRAC & CRAH Units, Chiller Units, Cooling Towers, Condensers & Dry Coolers, and Other Cooling Units
  5. General Construction: Core & Shell Development, Installation & Commissioning Services, Engineering & Building Design, Fire Detection & Suppression Systems, Physical Security, and DCIM
  6. Tier Standard: Tier I & Tier II, Tier III, and Tier IV

Get Insights on 33 Existing Data Centers and 09 Upcoming Facilities across Norway

Customize this Report

This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize

NORWAY DATA CENTER MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
MARKET SIZE (INVESTMENT)USD 2.79 Billion (2030)
MARKET SIZE (AREA)518 thousand sq. feet (2030)
MARKET SIZE (POWER CAPACITY)144 MW (2030)
CAGR - INVESTMENT (2024-2030)10.29%
COLOCATION MARKET SIZE (REVENUE)USD 1.15 Billion (2030)
HISTORIC YEAR2021-2023
BASE YEAR2024
FORECAST YEAR2025-2030
Interested in this Report?

NORWAY DATA CENTER MARKET SIZE

The Norway data center market size is expected to reach USD 2.79 billion by 2030, growing at a CAGR of 10.29% during the forecast period. The implementation of the Personal Data Act in Norway, which aligns with the General Data Protection Regulation (GDPR), has driven significant investments in data centers as organizations focus on meeting the data localization requirements as well as ensuring the secure processing and storage of personal information within the European Union. Moreover, many enterprises are migrating their workloads to the cloud and incorporating artificial intelligence (AI) into their operations. Further, due to the increasing reliance on cloud services, global cloud companies such as Google are considering developing hyperscale data centers to meet the demand for increasing data center infrastructure.

The Norway data center market is growing rapidly owing to rising cloud adoption, increased internet usage, as well as the adoption of advanced technologies such as AI, big data, and IoT. Government initiatives, including the implementation of the data center strategy and expanding 5G infrastructure across the country, are boosting digitalization across various sectors such as healthcare, finance, and manufacturing. The country benefits from strong connectivity, with over 13 existing and three new submarine cable systems enhancing its global network reach.

In April 2024, the Norwegian government announced plans to implement regulations targeting the data center sector, aiming to mitigate crypto mining activities. The proposed legal framework will require data center operators to register their information regarding the use of such facilities for cryptocurrency mining within the country.

KEY HIGHLIGHTS

  1. Operators in the Norway data center market, such as Green Mountain and Bulk Infrastructure Group AS, are adopting advanced liquid cooling technologies for efficient thermal management; furthermore, they are implementing heat recovery systems to channel the excess heat generated in their facilities to nearby locations to enhance sustainability efforts across the country.
  2. Sustainability in the Norway data center market is supported by growing investments in renewable energy and energy-efficient technologies, with operators increasingly adopting Power Purchase Agreements (PPAs). The data center companies are focusing on innovative construction techniques to reduce their carbon impact by replacing materials, including steel and concrete, with timber wood; furthermore, operators are also installing solar roofs in their facilities.
  3. The government is regulating data centers under electronic communication laws to enhance digital security and protect national interests. This approach also encourages leveraging Norway’s renewable energy resources to drive sustainable growth within the industry.
  4. Global cloud operators, such as Microsoft, Amazon Web Services (AWS), and Google Cloud, are driving significant data center investments in Norway due to the growing demand for cloud services. Colocation providers, such as STACK Infrastructure, Lefdal Mine Datacenter, and Bulk Infrastructure Group AS, are actively expanding their operations to address the increasing demand for reliable data center infrastructure across the country. In 2024, the Norway data center market witnessed new entrants such as Keysource and Namsos DataSenter, and Google.
  5. Norway’s focus on utilizing waste heat to enhance efficiency and environmental responsibility aligns with the global sustainability trends, attracting the attention of eco-conscious investors and businesses.
  6. Norway’s naturally cold climate enables efficient free cooling for data centers, significantly reducing the need for mechanical cooling systems and lowering operational costs and energy consumption.

WHY SHOULD YOU BUY THIS RESEARCH?

  1. Market size available in the investment area, power capacity, and the Norway colocation market revenue.
  2. An assessment of the data center investment in Norway by colocation, hyperscale, and enterprise operators.
  3. Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
  4. A detailed study of the existing Norway data center market landscape, an in-depth market analysis, and insightful predictions about the Norway data center market size during the forecast period.
  5. Snapshot of existing and upcoming third-party data center facilities in Norway
  6. Facilities Covered (Existing): 33
  7. Facilities Identified (Upcoming): 09
  8. Coverage: 9+ Cities
  9. Existing vs. Upcoming (Data Center Area)
  10. Existing vs. Upcoming (IT Load Capacity)
  11. Data center colocation market in Norway
  12. Colocation Market Revenue & Forecast (2021-2030)
  13. Retail vs Wholesale Colocation Market Revenue & Forecast (2021-2030)
  14. Retail & Wholesale Colocation Pricing
  15. The Norway data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
  16. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the market.
  17. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
  18. A transparent research methodology and the analysis of the demand and supply aspects of the market.

NORWAY DATA CENTER MARKET VENDOR LANDSCAPE

  1. The Norway data center market has the presence of several global support infrastructure providers that will increase its competitiveness in the market. Some of the support infrastructure vendors present in the Norway data center market include ABB, Caterpillar, Cummins, Delta Electronics, Eaton, Legrand, Piller Power Systems, Rittal, Rolls-Royce, Schneider Electric, STULZ, Vertiv, and others.
  2. Some of the key colocation data center investors in the Norway data center market include Green Mountain, STACK Infrastructure, Bulk Infrastructure, AQ Compute, Orange Business, Lefdal Mine Data Centers, Telia, and others.
  3. The Norway data center market has several local and global construction contractors operating in the market including AECOM, Arup, Coromatic AB, COWI, Designer Group, Elecnor Group, HDR Architecture, Keysource, Mercury, Mecwide, RED Engineering Design, Rider Levett Bucknall RLB, Skanska, Sweco, Turner & Townsend, YIT and others that have been offering their construction, engineering and installation services in the data center market in the country.

EXISTING VS. UPCOMING DATA CENTERS

  1. Existing Facilities in the Region (Area and Power Capacity)
  2. Oslo
  3. Other Cities
  4. List of Upcoming Facilities in the Region (Area and Power Capacity)
  5. Oslo
  6. Other Cities

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:

  1. IT Infrastructure
  2. Servers
  3. Storage Systems
  4. Network Infrastructure
  5. Electrical Infrastructure
  6. UPS Systems
  7. Generators
  8. Transfer Switches & Switchgears
  9. PDUs
  10. Other Electrical Infrastructure
  11. Mechanical Infrastructure
  12. Cooling Systems
  13. Rack Cabinets
  14. Other Mechanical Infrastructure
  15. Cooling Systems
  16. CRAC & CRAH Units
  17. Chiller Units
  18. Cooling Towers, Condensers & Dry Coolers
  19. Other Cooling Units
  20. General Construction
  21. Core & Shell Development
  22. Installation & Commissioning Services
  23. Engineering & Building Design
  24. Fire Detection & Suppression Systems
  25. Physical Security
  26. Data Center Infrastructure Management
  27. Tier Standard
  28. Tier I & Tier II
  29. Tier III
  30. Tier IV

NORWAY DATA CENTER MARKET COMPANIES

  1. IT Infrastructure Providers: Arista Networks, Cisco Systems, Dell Technologies, Hewlett-Packard Enterprise, Hitachi Vantara, Huawei Technologies, IBM, Juniper Networks, Lenovo, NetApp, NetNordic Group AS, Oracle, Pure Storage, Super Micro Computer.
  2. Data Center Construction Contractors & Sub-Contractors: AECOM, Arup, Coromatic AB, COWI, CTS Group, Designer Group, Elecnor Group, HDR Architecture, Keysource, Kirby Group Engineering, Marsh, Mecwide, Mercury, Olaris AS, Ramboll, RED Engineering Design, Rider Levett Bucknall RLB, Skanska, Sweco, Turner & Townsend, YIT.
  3. Support Infrastructure Providers: ABB, Alfa Laval, Austin Hughes Electronics, Carrier, Caterpillar, Comsys, Condair Group, Cummins, DEIF, Delta Electronics, Eaton, FläktGroup, GE Vernova, HITEC Power Protection, Johnson Controls, Rehlko, Legrand, Mitsubishi Electric, Perkins Engine, Piller Power Systems, Rittal, Rolls-Royce, Schneider Electric, Siemens, Socomec Group, STULZ, Swegon, Trane Technologies, Vertiv.
  4. Data Center Investors: AQ Compute, Orange Business, Bulk Infrastructure, Green Mountain, Lefdal Mine Data Centers, STACK Infrastructure, STORESPEED, Telia.
  5. New Entrants: Keysource & Namsos DataSenter, Google.

SNAPSHOT

The Norway data center market size is projected to reach USD 2.79 billion by 2030, growing at a CAGR of 10.29% from 2024 to 2030.

The following factors are likely to contribute to the growth of the Norway data center market during the forecast period:

  1. Rising Adoption of Cloud Services
  2. Growing Digitalization and Usage of Big Data & IoT
  3. Rising Use of Green Energy
  4. Growing Submarine and Inland Connectivity

Base Year: 2024

Forecast Year: 2025-2030

The report considers the present scenario of the Norway 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. 

The report includes the investment in the following areas:

  1. IT Infrastructure
  2. Servers
  3. Storage Systems
  4. Network Infrastructure
  5. Electrical Infrastructure
  6. UPS Systems
  7. Generators
  8. Transfer Switches & Switchgears
  9. PDUs
  10. Other Electrical Infrastructure
  11. Mechanical Infrastructure
  12. Cooling Systems
  13. Rack Cabinets
  14. Other Mechanical Infrastructure
  15. Cooling Systems
  16. CRAC & CRAH Units
  17. Chiller Units
  18. Cooling Towers, Condensers & Dry Coolers
  19. Other Cooling Units
  20. General Construction
  21. Core & Shell Development
  22. Installation & Commissioning Services
  23. Engineering & Building Design
  24. Fire Detection & Suppression Systems
  25. Physical Security
  26. Data Center Infrastructure Management (DCIM)
  27. Tier Standard
  28. Tier I & Tier II
  29. Tier III
  30. Tier IV

VENDOR LANDSCAPE

IT Infrastructure Providers

  1. Arista Networks
  2. Cisco Systems
  3. Dell Technologies
  4. Hewlett Packard Enterprise
  5. Hitachi Vantara
  6. Huawei Technologies
  7. IBM
  8. Juniper Networks
  9. Lenovo
  10. NetApp
  11. NetNordic Group AS
  12. Oracle
  13. Pure Storage
  14. Super Micro Computer

Data Center Construction Contractors & Sub-Contractors

  1. AECOM
  2. Arup
  3. Coromatic AB
  4. COWI
  5. CTS Group
  6. Designer Group
  7. Elecnor Group
  8. HDR Architecture
  9. Keysource
  10. Kirby Group Engineering
  11. Marsh
  12. Mecwide
  13. Mercury
  14. Olaris AS
  15. Ramboll
  16. RED Engineering Design
  17. Rider Levett Bucknall (RLB)
  18. Skanska
  19. Sweco
  20. Turner & Townsend
  21. YIT

Support Infrastructure Providers

  1. ABB
  2. Alfa Laval
  3. Austin Hughes Electronics
  4. Carrier
  5. Caterpillar
  6. Comsys
  7. Condair Group
  8. Cummins
  9. DEIF
  10. Delta Electronics
  11. Eaton
  12. FläktGroup
  13. GE Vernova
  14. HITEC Power Protection
  15. Johnson Controls
  16. Rehlko
  17. Legrand
  18. Mitsubishi Electric
  19. Perkins Engine
  20. Piller Power Systems
  21. Rittal
  22. Rolls-Royce
  23. Schneider Electric
  24. Siemens
  25. Socomec Group
  26. STULZ
  27. Swegon
  28. Trane Technologies
  29. Vertiv

Data Center Investors

  1. AQ Compute
  2. Orange Business
  3. Bulk Infrastructure
  4. Green Mountain
  5. Lefdal Mine Data Centers
  6. STACK Infrastructure
  7. STORESPEED
  8. Telia

New Entrants

  1. Keysource & Namsos DataSenter
  2. Google

NORWAY DATA CENTER MARKET FAQs

How big is the Norway data center market?

The Norway data center market will witness investments of USD 2.79 billion by 2030.

How many existing and upcoming data center facilities exist in Norway?

There are around 33 existing facilities and 9 upcoming data center facilities in Norway.

How much MW of power capacity will be added across Norway during 2025-2030?

Over 760 MW of power capacity will be added across Norway during 2025-2030.

What is the growth rate of the Norway data center market?

The Norway data center market is projected to grow at a CAGR of 10.29% during the forecast period.

What factors are driving the Norway data center market?

Demand for data center infrastructure is driven by factors such as rising adoption of artificial intelligence, growth in cloud services, digitalization initiatives in Norway, government support for data centers and growing submarine cable connectivity will drive the Norway data center market.

Who are the key investors in the Norway data center market?

The key investors in the Norway data center market include AQ Compute, Green Mountain, STACK Infrastructure, STORESPEED, Lefdal Mine Data Centers, Bulk Infrastructure, Google, Telia, Orange Business, and others.

LIST OF EXHIBITS

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 2021−2030 ($ Million)

Exhibit 6 Data Center Market Size & Forecast by Area 2021−2030 (Thousand Square Feet)

Exhibit 7 Data Center Market Size & Forecast by Power Capacity 2021−2030 (MW)

Exhibit 8 Data Center Colocation Service Revenue: Market Size & Forecast by 2021−2030 ($ Million)

Exhibit 9 Retail vs. Wholesale Colocation Revenue: Market Size & Forecast by 2021−2030 ($ Million)

Exhibit 10 Retail & Wholesale Colocation Pricing 2024

Exhibit 11 Market Size & Forecast by IT Infrastructure 2021−2030 ($ Million)

Exhibit 12 Market Size & Forecast by Electrical Infrastructure 2021−2030 ($ Million)

Exhibit 13 Market Size & Forecast by Mechanical Infrastructure 2021−2030 ($ Million)

Exhibit 14 Market Size & Forecast by Cooling Systems 2021−2030 ($ Million)

Exhibit 15 Market Size & Forecast by General Construction 2021−2030 ($ Million)

Exhibit 16 Market Size & Forecast by Tier Standards 2021−2030 ($ 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 2021−2030

Table 4 Market Size & Forecast by Colocation Service Type ($ Million)

Table 5 Market Size & Forecast by Infrastructure 2021−2030 ($ Million)

Table 6 Market Size & Forecast by IT Infrastructure 2021−2030 ($ Million)

Table 7 Market Size & Forecast by Electrical Infrastructure 2021−2030 ($ Million)

Table 8 Market Size & Forecast by Mechanical Infrastructure 2021−2030 ($ Million)

Table 9 Market Size & Forecast by Cooling Systems 2021−2030 ($ Million)

Table 10 Market Size & Forecast by General Construction 2021−2030 ($ Million)

Table 11 Investment Market Size & Forecast by Tier Standards 2021−2030 ($ Million)

1. EXISTING & UPCOMING THIRD-PARTY DATA CENTERS IN NORWAY

1.1. Historical Market Scenario

1.2. 33+ 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. Cities Covered

1.6.1. Oslo

1.6.2. Other Cities

1.7. List of Upcoming Projects

2. INVESTMENT OPPORTUNITIES IN NORWAY

2.1. Microeconomic & Macroeconomic Factors for Norway Market

2.2. Investment Opportunities in Norway

2.3. How to Establish a Data Center In Norway

2.4. Investment by Area

2.5. Investment by Power Capacity

3. DATA CENTER COLOCATION MARKET IN NORWAY

3.1. Colocation Services Market in the Norway

3.2. Retail vs Wholesale Data Center Colocation

3.3. Colocation Pricing (Quarter Rack, Half Rack, 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: Market Size & Forecast

5.2. Electrical Infrastructure: Market Size & Forecast

5.3. Mechanical Infrastructure: Market Size & Forecast

5.4. General Construction Services: Market Size & Forecast

5.5. Breakup of Construction Cost

6. TIER STANDARDS INVESTMENT

6.1. Tier I & II

6.2. Tier III

6.3. Tier IV

7. KEY MARKET PARTICIPANTS

7.1. IT Infrastructure Providers

7.2. Construction Contractors

7.3. Support Infrastructure Providers

7.4. Data Center Investors

7.5. New Entrants

8. APPENDIX

8.1. Market Derivation

8.2. Site Selection Criteria

8.3. Quantitative Summary

8.4. List of Abbreviations

Select a license type that suits your business needs

Single User Licence

$3500.00
  • Report accessible by one user only
  • Free 10% or 3 days of customization
  • Free post-sale service assistance
  • Continuous support through email

5 User Licence

$3650.00
  • Report accessible by 5 users within the organization
  • Free 15% or 4.5 days of customization
  • Continuous support through email and telephone
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge

Corporate Licence

$4999.00
  • Free Datasheet worth $1500
  • Report accessible by the entire organization
  • Free 20% or 6 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Direct access to lead analysts
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge

Datasheet Licence

$2000.00
  • Report accessible by 1 user only
  • Free 15% or 32 hours of customization
  • Free post-sale service assistance
  • Direct access to lead analysts

Frequently Asked Questions

How big is the Norway data center market?

The Norway data center market will witness investments of USD 2.79 billion by 2030.

How many existing and upcoming data center facilities exist in Norway?

There are around 33 existing facilities and 9 upcoming data center facilities in Norway.

How much MW of power capacity will be added across Norway during 2025-2030?

Over 760 MW of power capacity will be added across Norway during 2025-2030.

What is the growth rate of the Norway data center market?

The Norway data center market is projected to grow at a CAGR of 10.29% during the forecast period.

What factors are driving the Norway data center market?

Demand for data center infrastructure is driven by factors such as rising adoption of artificial intelligence, growth in cloud services, digitalization initiatives in Norway, government support for data centers and growing submarine cable connectivity will drive the Norway data center market.

Who are the key investors in the Norway data center market?

The key investors in the Norway data center market include AQ Compute, Green Mountain, STACK Infrastructure, STORESPEED, Lefdal Mine Data Centers, Bulk Infrastructure, Google, Telia, Orange Business, and others.