Dublin, April 11, 2024 (GLOBE NEWSWIRE) — The “Norway Data Center Market – Investment Analysis and Growth Opportunities 2024-2029” report has been added to the ResearchAndMarkets.com supply.
The Norway data center market was valued at USD 1.04 billion in 2023 and is expected to reach USD 1.87 billion by 2029, showing a CAGR of 10.27%.
The Norwegian data center market is experiencing steady growth driven by key factors. Government initiatives, tax incentives and a supportive regulatory framework, including the Norwegian Data Centers – Sustainable, Digital Powerhouses 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 the use of Norway’s renewable energy advantage for sustainable growth in the industry. Norwegian industrial parks, including Mo Industrial Park, Mongstad and Heroya Industrial Park, are central to fostering innovation and promoting the circular economy as focal points for new age technologies and sustainable initiatives.
Key customers in the Norwegian data center landscape include cloud service providers and enterprises focused on high-performance computing (HPC) applications.
Norway’s emphasis on waste heat recovery for efficiency and environmental responsibility is in line with global sustainability trends, attracting environmentally conscious investors and businesses. As of early 2023, Norway has 5.4 million internet users and 4.62 million active social media users. This robust digital adoption is contributing to increased data traffic, which is further fueling the growth of the data center market in the country.
MAIN FEATURES OF THE REPORT
- The market size in terms of investment, area, power capacity and Norway colocation market revenue are available.
- Valuation of data center investments in Norway by colocation and enterprise operators.
- Investments in area (square feet) and power (MW) in cities across the country.
- A detailed study of the existing Norwegian data center market landscape, in-depth market analysis, and insightful projections of the data center market size during the forecast period.
- Snapshot of existing and upcoming third-party data center facilities in Norway
- Facilities covered (existing): 31
- Identified facilities (forthcoming): 12
- Coverage: 12+ locations
- Existing vs. Upcoming (Area)
- Existing vs. Upcoming (IT workload capacity)
- Data center colocation market in Norway
- Market Revenue and Forecast (2023-2029)
- Retail and wholesale colocation pricing
- Investments in the Norwegian data center market are classified into IT services, power, cooling and general building services with sizing and forecast.
- Comprehensive analysis of latest trends, growth rate, potential opportunities, growth restraints and industry outlook.
- Business overview and product offerings of prominent IT infrastructure providers, developers, infrastructure providers and investors working in the industry.
- A transparent methodology for research and analysis of the supply and demand aspects of the industry.
SELLER’S LANDSCAPE
IT infrastructure providers
- Arista Networks
- Cisco Systems
- Dell Technologies
- Hewlett Packard Enterprise
- Huawei Technologies
- Hitachi Vantara
- IBM
- Juniper Networks
- Lenovo
- NetApp
- NetNordic
- Oracle
- Clean storage
- Super micro computer
Data center construction contractors and subcontractors
- Coromatic
- COWI
- CTS Nordics
- Design group
- KeySource
- Olaris AS
- Red Engineering
- YIT
Support Infrastructure Providers
- ABB
- Alfa Laval
- Austin Hughes
- Carrier
- Caterpillar
- Comsys
- Cummins
- DEF
- Ethan
- Flakt Group
- HITEC Power Protection
- Kohler SDMO
- Legrand
- Perkins engines
- Piller Power Systems
- Rittal
- Rolls Royce
- Schneider Electric
- Socomec
- STULTZ
- Train
- Vertiv
Investors in data centers
- Massive infrastructure
- Green mountain
- Green Edge Compute
- Lefdal Mine Datacenter
- Orange Business Services
- STACK Infrastructure
- STORE SPEED
- AQ Compute
EXISTING VERSUS UPCOMING DATA CENTERS
- Existing facilities in the region (area and capacity)
- List of upcoming facilities in the region (area and capacity)
This report analyzes the Norwegian data center market share. It analyzes in detail the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction and level standards. It discusses market sizing and investment evaluation for various segments.
ANSWERS TO THE KEY QUESTIONS
- What is the growth rate of the Norwegian data center market?
- How much is investment expected to grow in the Norwegian data center market?
- How many data centers are identified in Norway?
- Who are the key investors in the Norwegian data center market?
- What are the factors driving the data center market in Norway?
Key Attributes:
| Report attribute | Details |
| Number of pages | 111 |
| Forecast period | 2023 – 2029 |
| Estimated Market Value (USD) in 2023 | $1.04 billion |
| Estimated Market Value (USD) to 2029 | $1.87 billion |
| Compound Annual Growth Rate | 10.2% |
| Regions covered | Norway |
Main topics covered:
1. Existing and upcoming third party data centers in Norway
1.1. Historical market scenario
1.2. 30+ unique data center objects
1.3. IT workload capacity of the data center
1.4. Data center white space
1.5. Existing vs. upcoming data center capacity by city
1.6. Covered cities
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 through power capacity
3. Data center colocation market in Norway
3.1. Search data centers in different industries in Norway
3.2. Market for colocation services in Norway
3.3. Retail vs. Wholesale Data Center Colocation
3.4. Colocation rates (quarter rack, half rack, full rack) and add-ons
4. Market dynamics
4.1. Market drivers
4.2. Market trends
4.3. Market restrictions
5. Market segmentation
5.1. IT Infrastructure: Market Size and Forecast
5.2. Electric Infrastructure: Market Size and Forecast
5.3. Mechanical Infrastructure: Market Size and Forecast
5.4. Construction cost breakdown
5.5. General Construction Services: Market Size and Forecast
6. Standard Tier Investment
6.1. Level I and II
6.2. Arrangement III
6.3. Level IV
7. Key market participants
7.1. IT infrastructure providers
7.2. Construction contractors
7.3. Support Infrastructure Providers
7.4. Investors in data centers
For more information on this report, visit https://www.researchandmarkets.com/r/9ybji3
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Norwegian data center market
