Data Centre Nordics - 2022 to 2026

The “Data Centre Nordics 2022 to 2026 report ” analyses the Denmark, Finland, Iceland, Norway and Sweden third-party Data Centre and Cloud markets over the period - and finds that the region has received new investment from international investors attracted by the potential for growth in low-cost power & renewable energy locations.

Datacentrepricing's “Data Centre Nordics 2022 to 2026 report” provides an update of the Data Centre Landscape in each market including subsea cable connectivity, Data Centre space, Data Centre power, Data Centre pricing and Data Centre revenues for each country over the period. It also provides a forecast for Public Cloud revenues in each of the five countries.

From the report, Datacentrepricing finds that the Nordic Region is dominated by the Swedish and Norwegian markets - which each have around 120,000 m2 of third-party Data Centre raised floor space - but with power of over 187 MW and 222 MW of power.

Norway and Sweden benefit from an abundance of low-cost renewable power with a wide range of Data Centres, ranging from HPC (High Performance Computing) facilities to wholesale campus facilities and colocation services.

The Nordics Region is attracting a series of inward investors. In Iceland atNorth and Verne Global, the two largest Icelandic Data Centre Providers have been acquired by Partners Group and D9 Infrastructure respectively with both companies announcing expansion plans. In Norway wholesale Data Centre Provider Green Mountain has been acquired by Israeli property company Azrieli for USD $850 million and DigiPlex has been purchased by private equity fund IPI Partners, who have rebranded DigiPlex as STACK Infrastructure in March 2022.

The boom in Data Centre A&M activity in the Nordics Region reflects the high potential for future growth, as the Data Centre Providers switch from their domestic market to other markets, with atNorth developing their first non-Icelandic facility in Sweden - with plans for another facility with 50 MW of power in another undisclosed location underlying the next phase for the Nordic Data Centre - international expansion.

The recent announcement of a new Data Centre facility development at the Falun campus of EcoDataCenter in central Sweden shows the unique characteristics of renewable Data Centres - based on a net zero carbon footprint using renewable power and connectivity to a municipal heating network.

With the emphasis on low-cost renewable energy and the ability to significantly lower the Data Centre carbon footprint by deploying applications in the Nordics, DCP finds that there is the opportunity for the Nordic Region to continue to expand its market reach and challenge the established Tier 1 European markets based on the most favourable energy costs in Europe.

Product Code: DCN22

Press release
Methodology
Executive Summary
Acquisitions
New Data Centre Development in the Nordic region

The Danish Data Centre Landscape

Table of Contents
Methodology
Acquisitions/Mergers 2019 to to-date
Data Centre Development in Denmark
Summary Box - Denmark Data Centre Summary
Data Centre third-party Data Centre Providers and Facilities in Denmark
Key Danish Data Centre Provider Profiles
Danish Data Centre raised floor space forecast - in m2 (2022 to 2026)
Danish Data Centre Customer Power (DCCP) forecast - in MW (2022 to 2026)
Danish Data Centre Power Costs - in Euro per kWH
The Key Danish Data Centre Clusters
Danish Data Centre Pricing Forecast - in rack space, m2 space & per kW rentals (2022 to 2026)
Danish Data Centre Revenues Forecast - in millions of Euro per annum (2022 to 2026)
Danish Public Cloud Revenues - in millions of Euro per annum (2022 to 2026)
The Key Trends in the Danish Data Centre Market
Danish Data Centre Outlook

The Finnish Data Centre Landscape

Summary Box - Finnish Data Centre Landscape Summary
Methodology
Acquisitions/Mergers 2019 to to-date
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 (2022 to 2026)
Finnish Data Centre Customer Power (DCCP) forecast - in MW (2022 to 2026)
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 (2022 to 2026)
Finnish Data Centre Revenues forecast - in millions of Euro per annum (2022 to 2026)
Finnish Public Cloud Revenues forecast - in millions of Euro per annum (2022 to 2026)
The Key Trends in the Finnish Data Centre Market
Finnish Data Centre Outlook

The Icelandic Data Centre Landscape

Methodology
Digital Statistics Summary
The key 3rd party Data Centre Providers & Facilities in Iceland
The key Data Centre Provider Profiles
Icelandic Data Centre Space Forecast
Icelandic Data Centre Power Forecast
Icelandic Data Centre Power in kWH
The Key Data Centre Clusters in Iceland
Icelandic Data Centre Pricing Forecast
An Icelandic Data Centre Revenue Forecast
An Icelandic Public Cloud Forecast
The Key Trends for the Icelandic Data Centre Market
The Outlook for the Icelandic Data Centre Market

The Norwegian Data Centre Landscape

Methodology
Data Centre Development in Norway
Summary Box - Norwegian Data Centre Landscape Summary
Data Centre third-party Data Centre Providers and Facilities in Norway
Key Norwegian Data Centre Provider Profiles
Norwegian Data Centre raised floor space forecast - in m2 (2022 to 2026)
Norwegian Data Centre Customer Power (DCCP) forecast - in MW (2022 to 2026)
Norwegian Data Centre Power - in kWH
The Key Norwegian Data Centre Clusters
Norwegian Data Centre Pricing - in rack space, m2 space & per kW rentals (2022 to 2026)
Norwegian Data Centre Revenues - in millions of Euro per annum (2022 to 2026)
Norwegian Public Cloud Revenues - in millions of Euro per annum (2022 to 2026)
The Key Trends in the Norwegian Data Centre Market
Norwegian Data Centre Outlook

The Swedish Data Centre Landscape

Methodology
Summary Box - Swedish Data Centre Summary
Data Centre third-party Data Centre Providers and Facilities in Sweden
The key Swedish Data Centre Provider Profiles
Swedish Data Centre raised floor space forecast - in m2 (2022 to 2026)
Swedish Data Centre Customer Power (DCCP) forecast - in MW (2022 to 2026)
Swedish Data Centre Power Costs - in Euro per kWH
The Key Swedish Data Centre Clusters
Swedish Data Centre Forecast Pricing - in rack space, m2 space & kW rentals (2022 to 2026)
Swedish Data Centre Revenues - in millions of Euro per annum (2022 to 2026)
Swedish Public Cloud Revenues - in millions of Euro per annum (2022 to 2026)
The Key Trends in the Swedish Data Centre Market
Swedish Data Centre Outlook

Product Code: DCN22

List of Figures

Summary:

Figure 1: Total DC Space and Power for each surveyed country in the Nordics - beginning 2022
Figure 2: Total number of Data Centre Providers and Data Centre Facilities
Figure 3: A table showing the spread of Average Data Centre pricing rack space (from the
lowest to the highest rate) in Euro per month - beginning 2022
Figure 4: A chart showing the utility cost in Euro per kWH for selected European Countries
including Nordic countries
Figure 5: A table summarising Data Centre and Public Cloud Revenue growth in the Nordic in millions of Euro per annum - from 2022 to 2026
Figure 6: A table showing the total amount of Data Centre projects, new space & percentage growth
Figure 7: A table showing a list of the new Data Centres to be launched from 2021 onwards

Denmark

Figure 1 - A simplified map of Denmark
Figure 2 - A table summarizing the key Data Centre Providers and Facilities in Denmark
Figure 3 - A picture showing the proposed DigiPlex Data Centre campus at Hoje-Taastrap, Denmark
Figure 4 - A map showing the location of GlobalConnect Data Centre facilities
Figure 5 - A pie chart showing key Data Centre Provider market share (by Data Centre raised floor space) as of the beginning of 2022 in per cent
Figure 6 - A map showing the location of the GlobalConnect Data Centre facilities
Figure 7 - A chart showing the forecast Danish Data Centre raised floor space from the beginning of 2022 to the beginning of 2026 in m2
Figure 8 - A chart showing the forecast Danish Data Centre DCCP from the beginning of 2022 to the beginning of 2026 in MW
Figure 9 - A chart showing the average Data Centre rack space, m2 & kW rentals in Euro per month (2022 to 2026)
Figure 10 - A photograph showing the Apple Data Centre facility at Viborg in Denmark
Figure 11 - A chart showing forecast Danish Data Centre Revenues - in millions of Euro per annum (2022 to 2026)
Figure 12 - A chart showing forecast Danish Public Cloud Revenues - in millions of Euro per annum (2022 to 2026)

Finland

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 the beginning of 2022
Figure 4 - A table showing the Ficolo Data Centre facilities in Finland
Figure 5 - A picture showing the solar power generated on the 28/2/22 at Ficolo's The Rock DC
Figure 6 - A table showing the Equinix Data Centre facilities in Finland
Figure 7 - A photograph showing the Hetzner Online Helsinki Data Centre facility
Figure 8 - A chart showing the forecast Finnish Data Centre raised floor space from the beginning of 2022 to the beginning of 2026 in m2
Figure 9 - A chart showing the forecast Finnish Data Centre DCCP in MW from the beginning of 2022 to the beginning of 2026 in MW
Figure 10 - A chart and table showing the forecast average Data Centre rack space, m2 & kW rentals - in Euro per month (2022 to 2026)
Figure 11 - A chart showing the forecast Data Centre revenues from the beginning of 2022 to the beginning of 2026 in millions of Euro pa
Figure E12- A chart showing the forecast Public Cloud revenues from the beginning of 2022 to the beginning of 2026 in millions of Euro pa

Iceland

Figure 1 - A schematic showing the route of the proposed IRIS subsea cable system
Figure 2 - A simplified map of Iceland
Figure 3 - A table showing the key 3rd party Data Centre Providers & Facilities in Iceland
Figure 4 - A picture showing a container in the Thor Data Centre facility
Figure 5 - A picture showing the atNorth Mjolnir Data Centre campus
Figure 6 - A picture showing the construction phase of the Reykjavik DC
Figure 7 - A picture showing the Verne Global Data Centre facility
Figure 8 - A chart showing forecast Icelandic Data Centre raised floor space from the beginning of 2022 to the beginning of 2026 - in m2 per annum
Figure 9 - A pie chart showing the key Data Centre Provider market share in Iceland by raised floor space - in per cent
Figure 10 - A chart showing forecast Icelandic Data Centre Customer Power in MW per annum - from mid 2022 to mid 2026
Figure 11 - A chart showing the utility cost in Euro per kWH for selected European Countries including Iceland
Figure 12 - A table showing the utility industrial pricing in Euro per kWH for selected European Countries
Figure 13 - A chart showing forecast average Icelandic Data Centre Pricing (standard rack space, m2 & kW rentals) from the beginning of 2022 to the beginning of 2026 - in Euro per month
Figure 14 - A table showing the spread of Data Centre rack space Pricing (from lowest to highest) for selected European Countries - in Euro per month
Figure 15 - A chart showing forecast Icelandic Data Centre Revenues in millions of Euro per annum - from the beginning of 2022 to the beginning of 2026
Figure 16 - A chart showing forecast Icelandic Public Cloud Revenues in millions of Euro per annum - from the beginning of 2022 to the beginning of 2026

Norway

Figure 1 - A simplified map of Norway
Figure 2 - A table summarizing the key Data Centre Providers and Facilities in Norway
Figure 3 - A pie chart showing the key Norwegian Data Centre Providers by Data Centre raised floor space in per cent (as of the beginning of 2022)
Figure 4 - A table showing the Equinix Data Centre facilities in Norway
Figure 5 - A chart showing the forecast Norwegian Data Centre raised floor space from the beginning of 2022 to the beginning of 2026 in m2
Figure 6 - A chart showing the forecast Norwegian Data Centre DCCP in MW from the beginning of 2022 to the beginning of 2026 in MW
Figure 7 - A chart showing the industrial electricity cost in kWH for selected European Countries (in Euro per kWH)
Figure 8 - A chart and table showing the forecast average Data Centre rack space, m2 & kW rentals - in Euro per month (2022 to 2026)
Figure 9 - A table showing the spread of average Data Centre pricing rack space (from the lowest rate to the highest rate) in Euro per month
Figure 10 - A chart showing forecast Norwegian Data Centre Revenues - in millions of Euro per annum (2022 to 2026)
Figure 11 - A chart showing forecast Norwegian Public Cloud Revenues - in millions of Euro per annum (2022 to 2026)

Sweden

Figure 1 - A simplified map of Sweden
Figure 2 - A table summarizing the key Data Centre Providers and Facilities in Sweden
Figure 3 - A pie chart showing the key Swedish Data Providers - in raised floor space
Figure 4 - A picture showing the EcoDataCenter Falun facility
Figure 5 - A map showing the location of the Equinix Stockholm Data Centre facilities
Figure 6 - A table showing the Interxion Data Centre facilities in Sweden by raised floor space in per cent as of the beginning of 2022
Figure 7 - A chart showing the forecast Swedish Data Centre raised floor space from the beginning of 2022 to the beginning of 2026 in m2
Figure 8 - A chart showing the forecast Swedish Data Centre DCCP in MW from the beginning of 2022 to the beginning of 2026 in MW
Figure 9 - A chart showing the industrial electricity cost in kWH for selected European Countries (in Euro per kWH)
Figure 10 - A chart and table showing the average Forecast Data Centre rack space, m2 & kW rentals in Euro per month (2022 to 2026)
Figure 11 - A table showing the spread of average Data Centre rack space pricing (from the lowest rate to the highest rate) in Euro per month
Figure 12 - A chart showing the forecast Swedish Data Centre Revenues - in millions of Euro per annum (2022 to 2026)
Figure 13 - A chart showing the forecast Swedish Public Cloud Revenues - in mil of Euro p/annum