Sweden Data Center Market - Investment Analysis & Growth Opportunities 2023-2028

MARKET OVERVIEW

The Sweden data center market will witness investments of around USD 2.61 billion by 2028, growing at a CAGR of 10.85%. Stockholm stands out as a data center hub due to its global connectivity and strategic position in the Nordic region, while secondary cities like Avesta and Östersund are also witnessing notable data center expansion. The city has magnetized noteworthy investments from both local and global data center operators, bolstering its entrenched position in the global data center landscape.

Prominent data center operators like Google, Conapto, and EcoDataCenter are actively expanding their operations through substantial investments in data center infrastructure, supported by the Swedish Data Center Industry Association. Furthermore, Ecodatacenter is building the Ecodatacenter 2.0 complex in Östersund, investing USD 1.73 billion.

Key cloud service providers such as Google, Amazon Web Services, and Microsoft Azure are expanding their operations in Sweden, meeting the rising demand for cloud-based services. Also, Swedish startup Evroc aims to compete with big players like AWS and Azure, planning a pan-European cloud platform.

KEY HIGHLIGHTS

• The Sweden data center market is undergoing robust growth, driven by a combination of factors, including its strong position in digital competitiveness, government initiatives, and growing demand for cloud services. The country maintains its 3rd position in IMD's World Digital Competitiveness Ranking, indicating its prowess in the digital landscape.
• Favorable government policies and incentives are driving data center investments across various cities in Sweden, and the nation's focus on artificial intelligence (AI) is creating a supportive environment for AI startups. Government initiatives like the Digital Transformation Infrastructure Plan and green bond issuance further foster a conducive business environment, supporting sustainable practices.
• Sweden's commitment to renewable energy aligns with its goal of achieving net-zero emissions by 2045, attracting businesses with an environmentally conscious outlook. The country's dedication to renewable energy is evidenced by its energy mix, with hydroelectric and nuclear power constituting 75% of electricity production, driving data center operators to adopt renewable energy sources.
• Sweden's telecom operators are proactively deploying 5G networks, offering high speeds and coverage, while innovative 5G programs cater to industrial digital solutions, enhancing international competitiveness.
• The public cloud market in Sweden is projected to exceed USD 9 billion by 2028, propelled by cloud adoption across industries, digital transformation, and pandemic-accelerated shifts to remote collaboration and cybersecurity enhancements.

WHY SHOULD YOU BUY THIS RESEARCH?

• Market size available in the investment, area, power capacity, and Sweden colocation market revenue.
• An assessment of the data center investment in Sweden 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 Sweden 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 Sweden
  • Facilities Covered (Existing): 38
  • Facilities Identified (Upcoming): 07
  • Coverage: 9+ Locations
  • Existing vs. Upcoming (Area)
  • Existing vs. Upcoming (IT Load Capacity)
• Data Center Colocation Market in Sweden
  • Market Revenue & Forecast (2022-2028)
  • Retail Colocation Pricing
• The Sweden data center 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 industry.
• A transparent research methodology and the analysis of the demand and supply aspects of the industry.

VENDOR LANDSCAPE

• Some of the key investors in the Sweden data center market include atNorth, Bahnof, Conapto, Digital Realty, EcoDataCenter, Equinix, Google, Multigrid, Microsoft, and Northern Data, among others.
• The construction contractors in the country have both global as well as local presence which are supplying to major operators present in the market. For instance, Dornan, DPR Construction, Granlund, Kirby Group Engineering, STS Group, Skansa, and Sweco, among others.
• The fluctuation in construction costs within the Sweden data center market can be attributed to several factors, with land-related activities serving as a pivotal driver.

EXISTING VS. UPCOMING DATA CENTERS

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

REPORT COVERAGE:

This report analyses the Sweden 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, Atos, Broadcom, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, Huawei Technologies, IBM, Lenovo, and NetApp.
• Data Center Construction Contractors & Sub-Contractors: AFEC, Bravida, Coromatic, Dornan, DPR Construction, Granlund, Kirby Group Engineering, NCC, Red Engineering, STS Group, Skansa, Sweco, Swedish Modules, among others.
• Support Infrastructure Providers: ABB, Alfa Laval, Caterpillar, Carrier, Cummins, Eaton, FlaktGroup, HITEC Power Protection, KOHLER-SDMO, Legrand, NetNordic, Rittal, Riello UPS, Rolls-Royce, Schneider Electric, Socomec, STULZ, Swegon, and Vertiv.
• Data Center Investors: atNorth, Bahnof, Conapto, Digital Realty, EcoDataCenter, Equinix, Google, Multigrid, Microsoft, and Northern Data, among others.