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Largest third-party DC market in the Nordics is Norway, reveals latest report from datacentrepricing

Published: Thu 22 April 2021

The DCP Data Centre Nordics 2021 to 2025 report is available now, covering the fast growing 3rd party Data Centre markets in Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway & Sweden.

 

From the report, DCP finds that the largest Data Centre market in the Nordics is Norway, which accounts for almost 127,000 m2 of space, and which has overtaken Sweden (with 122,000 m2 of space). Norway benefits from new investment in large Hyperscale facilities from Green Mountain, DigiPlex & LMD.

 

The smaller Data Centre countries in the region are also set for growth, with Denmark receiving more investment from Interxion/Digital Realty (currently building Copenhagen-3) and DigiPlex to open a 5 building Data Centre campus near the capital city.   

 

Iceland remains one of the smaller markets in the region, with 20,000 m2 of space, dominated by a small number of campus Data Centres set up to support HPC (High Performance Computing) and bitcoin mining applications becoming key user segments – benefiting from free cooling, a favourable climate and low cost renewable energy. Both Iceland and Norway are net exporters of renewable power, generating more power than can be used domestically.

 

The Nordics Region has become a unique region for European Data Centres serving energy intensive applications with cost savings due to the availability of low cost renewable power – with Data Centre users from Europe & beyond being attracted to the Nordics. 

 

Click here for the full press release. 



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