Norway Data Center Market Investment Analysis & Growth Opportunities 2024-2029: Market is Projected to Reach USD 1.87 Billion by 2029, Showcasing a CAGR of 10.27% - ResearchAndMarkets.com
The Norway Data Center Market was valued at USD 1.04 billion in 2023, and is projected to reach USD 1.87 billion by 2029, showcasing a CAGR of 10.27%.
The Norway data center market is experiencing robust growth driven by key factors. Government initiatives, tax incentives, and a supportive regulatory framework, including the "Norwegian Data Centres - Sustainable, Digital Power Centres" strategy, contribute to a favorable business environment.
The government is considering regulating data centers under electronic communication rules to ensure digital security and protect national interests. It promotes using Norway's renewable energy advantage for sustainable growth in the industry. Norwegian industrial parks, including Mo Industrial Park, Mongstad, and Heroya Industrial Park, are pivotal in fostering innovation and promoting the circular economy as focal points for new-age technologies and sustainable initiatives.
The key clients in the Norwegian data center landscape include cloud service providers and enterprises focusing on High-Performance Computing (HPC) applications.
Norway's emphasis on utilizing waste heat for efficiency and environmental responsibility aligns with global trends in sustainability, attracting environmentally conscious investors and businesses. As of early 2023, Norway had 5.4 million internet users and 4.62 million active social media users. This robust digital adoption contributes to increased data traffic, further fueling the country's data center market growth.
KEY REPORT FEATURES
Market size in terms of investment, area, power capacity, and Norway's colocation market revenue is available.
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 cities in the country.
A detailed study of the existing Norway data center market landscape, an in-depth market analysis, and insightful predictions about data center market size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in Norway
Facilities Covered (Existing): 31
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 (2023-2029)
Retail & Wholesale Colocation Pricing
The Norway 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 industry.
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
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
YIT
Support Infrastructure Providers
ABB
Alfa Laval
Austin Hughes
Carrier
Caterpillar
Comsys
Cummins
DEIF
Eaton
Flakt Group
HITEC Power Protection
Kohler SDMO
Legrand
Perkins Engines
Piller Power Systems
Rittal
Rolls Royce
Schneider Electric
Socomec
STULZ
Trane
Vertiv
Data Center Investors
Bulk Infrastructure
Green Mountain
Green Edge Compute
Lefdal Mine Datacenter
Orange Business Services
STACK Infrastructure
STORESPEED
AQ Compute
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)
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.
KEY QUESTIONS ANSWERED
What is the growth rate of the Norway data center market?
How much is the Norway data center market investment expected to grow?
How many data centers have been identified in Norway?
Who are the key investors in the Norway data center market?
What are the driving factors for the Norway data center market?
Key Attributes:
Report Attribute
Details
No. of Pages
111
Forecast Period
2023 - 2029
Estimated Market Value (USD) in 2023
$1.04 Billion
Forecasted Market Value (USD) by 2029
$1.87 Billion
Compound Annual Growth Rate
10.2%
Regions Covered
Norway
Key Topics Covered:
1. Existing & Upcoming Third-Party Data Centers in Norway
1.1. Historical Market Scenario
1.2. 30+ Unique Data Center Properties
1.3. Data Center IT Load Capacity
1.4. Data Center White Floor Area
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 Data Center Projects
2. Investment Opportunities in Norway
2.1. Microeconomic and Macroeconomic Factors for Norway
2.2. Investment Opportunities in Norway
2.3. Investment by Area
2.4. Investment by Power Capacity
3. Data Center Colocation Market in Norway
3.1. Data Center Demand Across Industries in Norway
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