Published: March 2024

Number of pages: 28

About the report

This new report covering the Finnish Data Centre market provides the latest information on all of the key issues for Data Centre Providers including the following:

• The key third party Data Centre Providers and Facilities


• Data Centre raised floor space forecast from 2024 to 2027


• DCCP (Data Centre Customer Power) forecast from 2024 to 2027


• Data Centre Power Costs (in per kWH)


• Data Centre geographical city clusters


• Data Centre Pricing forecast from 2024 to 2027 (in rack space, m2 & p/ kW rentals)


• Data Centre Revenues - 2024 to 2027


• The key Data Centre Trends & Data Centre Outlook

About the Finnish Data Centre Market

There are just under forty third-party Data Centre facilites in Finland.

atNorth announced - which entered the Finnish market in January 2023 through the acquisition of two facilities from IT Firm Advania AB - two additional data centres with one of them being a mega site campus offering immediate power of 60 MW when operational in the second half of 2025.  Expansion and new developments have been announced by Hyperco and Hetzner Online with Elisa building new edge data centres.

The Finnish Data Centre Market is consolidating with Hyperco acquiring its first data centre from TS-Yhtymä, a Finnish family office, for more than Euro €35 million and atNorth entering Finland through an acquisition 

Finland has low electricity pricing as a differentiator and space rentals in Finland which are the lowest in the EU and notably cheaper than in other Scandinavian countries (especially Denmark). 

Data Centre revenues are forecast to increase by over 40% over the forecast period 2024 to 2027.

Table of Contents

Methodology

Acquisitions/Mergers

Data Centre Development in Finland

Summary Box – Finnish Data Centre Landscape Summary

Data Centre third-party Data Centre Providers and Facilities in Finland

The Key Finnish Data Centre Provider Profiles

Finnish Data Centre raised floor space forecast – in m2 (2024 to 2027)

Finnish Data Centre Customer Power (DCCP) forecast - in MW (2024 to 2027)

Finnish Data Centre Power Costs - in Euro per kWH

The Key Finnish Data Centre Clusters

Finnish Data Centre Pricing forecast – in rack space, m2 space & per kW rentals (2024 to 2027)

Finnish Data Centre Revenues forecast – in millions of Euro per annum (2024 to 2027)

The Key Trends in the Finnish Data Centre Market

Finnish Data Centre Outlook

List of Figures

Figure 1 – A simplified map of Finland

Figure 2 - A table summarizing the key Data Centre Providers and Facilities in Finland

Figure 3 – A pie chart showing key Finnish Data Centre Provider market share by Data Centre raised floor space in m2 in per cent as of end of 2023

Figure 4 – A table showing the Equinix Data Centre facilities in Finland

Figure 5 – A photograph showing the Hetzner Online Helsinki Data Centre facility

Figure 6– A chart showing the forecast Finnish Data Centre raised floor space from the beginning of 2024 to the end of 2027 in m2

Figure 7 – A chart showing the forecast Finnish Data Centre DCCP in MW from the beginning of 2024 to the end of 2027 in MW

Figure 8 – A chart and table showing the forecast average Data Centre rack space, m2 & kW rentals - in Euro per month (2024 to 2027)

Figure 9 – A chart showing the forecast Data Centre revenues from the beginning of 2024 to the end of 2027 in millions of Euro pa