
Norway Data Center Market Report Includes Size in Terms of
Get Insights on 26 Existing Data Centers and 11 Upcoming Facilities across Norway
Report Attribute | Details |
---|---|
Market Size (2027) | USD 1.45 Billion |
MARKET SIZE - AREA(2027) | 648 thousand sq. Feet |
MARKET SIZE - POWER CAPACITY(2027) | 125 MW |
COLOCATION MARKET SIZE - REVENUE(2027) | USD 430 Million |
CAGR (2021-2027) | 17.25% |
BASE YEAR | 2021 |
FORECAST YEAR | 2022-2027 |
Norway data center market is expected to reach USD 1.45 billion by 2027 from USD 560 million in 2021, growing at a CAGR of 17.25% during 2021-2027. Norway is among the prominent locations across the region regarding the availability and usage of renewable energy sources. The government has taken several initiatives to grow renewable energy adoption, such as setting targets for achieving net zero emissions by the year 2050. The district heating system is among the major initiatives the country has significantly adopted toward a sustainable economy. For instance, in February 2021, the Norwegian government announced a proposal to demand data center operators connect their facilities to the district heating system.
Norway data center market is a significantly growing industry in the Nordic region aided by factors that include government initiatives, growing cloud data center regions, adoption of advanced technology, growth in subsea & inland connectivity, and district heating systems. The country's government is working towards the digital transformation of government operations and the economy. The government of Norway has established its Norwegian Digitalization Agency, which aims to coordinate digitalization in the country strategically.
The government of Norway has established several industrial business parks that offer spaces for business for sustainable operations. Mo Industrial Park, Herøya Industrial Park, Haugaland Business Park, and Raufoss Industrial Park are some of the business parks in Norway. The Norway data center market is well connected to several major markets with around 11 submarine cables followed by upcoming cables such as Celtic Norse, Leif Erikson, and N0r5ke Viking, which will be ready for services in coming years.
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 1.45 billion by 2027.
What is the growth rate of the Norway data center market?
The Norway data center market is growing at a CAGR of 17.25% from 2021 to 2027.
How many data centers have been identified in Norway?
Norway has around 26 existing and 11 upcoming data centers.
What are the driving factors for Norway data center market?
The Norway data center market is driven by the growing adoption of cloud services, increasing generation of renewable energy, deployment of 5G network connectivity, deployment of submarine cables, adoption of big data & IoT, and other factors.
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, STACK Infrastructure (DigiPlex), LEFDAL MINE DATACENTER, STORESPEED, Green Edge Compute, and AQ Compute.
Norway data center market size will reach USD 1.45 billion by 2027, growing at a CAGR of 17.25% from 2021 to 2027.
The following factors are likely to contribute to the growth of the Norway data center market during the forecast period:
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Norway data center market and its market dynamics for 2022−2027. 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:
Major Vendors
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 2021−2027 ($ Million)
Exhibit 6 Data Center Market Size & Forecast by Area 2021−2027 (Thousand Square Feet)
Exhibit 7 Data Center Market Size & Forecast by Power Capacity 2021−2027 (MW)
Exhibit 8 Data Center Colocation Service Revenue: Market Size & Forecast by 2021−2027 ($ Million)
Exhibit 9 Retail vs. Wholesale Colocation Revenue: Market Size & Forecast by 2021−2027 ($ Million)
Exhibit 10 Retail & Wholesale Colocation Pricing
Exhibit 11 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Exhibit 12 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Exhibit 13 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Exhibit 14 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Exhibit 15 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Exhibit 16 Market Size & Forecast by Tier Standards 2021−2027 ($ 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 2021−2027
Table 4 Market Size & Forecast by Colocation Revenue 2021−2027 ($ Million)
Table 5 Market Size & Forecast by Infrastructure 2021−2027 ($ Million)
Table 6 Market Size & Forecast by IT Infrastructure 2021−2027 ($ Million)
Table 7 Market Size & Forecast by Electrical Infrastructure 2021−2027 ($ Million)
Table 8 Market Size & Forecast by Mechanical Infrastructure 2021−2027 ($ Million)
Table 9 Market Size & Forecast by Cooling Systems 2021−2027 ($ Million)
Table 10 Market Size & Forecast by General Construction 2021−2027 ($ Million)
Table 11 Market Size & Forecast by Tier Standards 2021−2027 ($ Million)
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