DUBLIN, February 6, 2024 (Globe Newswire) — The “Iceland Data Center Market – Investment Analysis and Growth Opportunities 2023-2028” report has been added. ResearchAndMarkets.com Recruitment.
The Iceland data center market is expected to reach $543 million by 2028 from $266 million in 2022, growing at a CAGR of 12.63%.
This report analyzes Iceland’s data center market share. Detailed analysis of existing and upcoming equipment and investments in IT, electrical, mechanical infrastructure, general construction, and strata standards. Market size and investment estimates for various segments are discussed.
Iceland secured fourth place in the field of digital innovation in the European Commission’s e-Government Benchmark 2022. Regarding the rollout of 5G networks, Mila, Siminn, Vodafone, Ciena, Ericsson and Nova are some of the carriers involved in the rollout of his 5G services across the region.
Reykjavik is the main hub for Iceland’s data center market and is home to most existing third-party data centers. Other cities such as Keflavik, Akureyri and Bronduos are also emerging data center locations. Iceland has ambitious goals for its energy future, aiming to reduce its use of fossil fuels by 2050 and become carbon neutral by 2040.
Iceland is a member of the European Free Trade Association (EFTA) and the European Economic Area (EEA), allowing it to participate in the European Single Market and allowing free movement of capital, labor, goods and services to and from the EU. It becomes easier. Iceland also maintains regulatory stability by adopting EU law on matters related to the single market.
Major investors in the Icelandic data center market include North, Borealis Data Centers and Verne Global. In June 2023, atnorth announced the launch of ICE03, a data center facility located in Akureyri in northern Iceland. Through mergers and acquisitions, carriers are increasing their capabilities. For example, Ficolo, a Finland-based data center company and hybrid cloud infrastructure specialist, merged with Verne Global to meet data center demand in the country.
Why buy this study?
- Market size available in investment, area, power capacity, and Iceland colocation market revenue.
- Assessing data center investments in Iceland by colocation, hyperscale and enterprise operators.
- Investments in total area (square feet) and power capacity (MW) of the nation’s cities.
- Detailed study of the existing Iceland Data Center market status, in-depth industry analysis and insightful forecasts on the market size during the forecast period.
- A snapshot of existing and upcoming third-party data center facilities in Iceland
- Iceland data center colocation market
- Investments in the Icelandic data center market are categorized into IT, power, cooling and general construction services, with size and forecast presented.
- Comprehensive analysis of the industry’s latest trends, growth rates, potential opportunities, growth constraints, and prospects.
- Business overviews and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors active in the industry.
- Transparent research methodology and analysis of industry demand and supply aspects.
Key attributes:
| report attributes | detail |
| number of pages | 79 |
| Forecast period | 2022-2028 |
| Estimated market value in 2022 (USD) | $266 million |
| Projected market value to 2028 (USD) | $543 million |
| compound annual growth rate | 12.6% |
| Target area | Iceland |
Existing vs. Future Data Center
- Existing facilities in the area (area and power capacity)
- Reykjavik
- other city
- List of future facilities in the area (area and power capacity)
Iceland investment opportunities
- Microeconomic and macroeconomic factors of the Icelandic market
- Iceland investment opportunities
- Investment amount by area
- Investment by power capacity
Iceland data center colocation market
- Icelandic colocation services market
- Colocation pricing (quarter rack, half rack, full rack) and add-ons
Vendor scenery
IT infrastructure provider
- broadcom
- Cisco Systems
- Dell Technologies
- hewlett packard enterprise
- Huawei Technologies
- Hitachi Vantara
- IBM
- lenovo
- netapp
Data center construction contractors and subcontractors
supporting infrastructure provider
- alfa laval
- career
- Eaton
- Legrand
- schneider electric
- socomec
- Stulz
- Vertive
data center investor
- Borealis Data Center
- in the north
- burn global
Report scope:
IT infrastructure
network infrastructure
electrical infrastructure
- UPS system
- Generator
- switches and switchgear
- PDU
- Other electrical infrastructure
mechanical infrastructure
- cooling system
- rack
- Other mechanical infrastructure
cooling system
- CRAC and CRAH units
- chiller unit
- Cooling towers, condensers, dry coolers
- Other cooling units
General construction industry
- Core and shell development
- Installation and commissioning service
- engineering and architectural design
- Fire detection and extinguishing
- physical security
- DCIM
tier standard
- Tier I and Tier II
- Tier III
- Tier IV
For more information about this report, please visit https://www.researchandmarkets.com/r/d51djk.
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Iceland data center market
