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Finland Data Center Market to Hit $1.93 Billion by 2029, Get Insights on 20 Existing Data Centers and 04 Upcoming Facilities across Finland - Arizton
Finland Data Center Market Research Report by Arizton
To Know More, Click: https://www.arizton.com/market-reports/finland-data-center-market [https://www.arizton.com/market-reports/finland- rel=]
Report Summary
Market Size (Investment): USD 1.93 Billion (2029)
Market Size (Area): 303 Thousand Sq. Ft
Market Size (Power Capacity): 57 MW (2029)
CAGR - Investment (2023-2029): 29.12%
Colocation Market Size (Revenue): USD 170 Million (2029)
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
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Finland: A Prime Location for Data Center Development
Finland stands out as an ideal location for data center development due to its low latency connectivity, high-speed data networks, political stability, and reliable power grid. The country has seen a surge in investments from colocation and hyperscale data center providers, fueling the growth of its data center market.
As a leading hub in the Nordic region, Finland is actively integrating district heating systems into its data centers, with strong government support. For example, Finnish energy company Helen and telecommunications operator Elisa have partnered to implement waste heat recovery from Elisa's data center. This recovered heat will be repurposed for use in heating businesses and homes across Helsinki, demonstrating Finland's commitment to sustainable and efficient energy practices.
Investment Opportunities in Finland Data Center Market
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Investing in Finland's tech landscape can be a strategic move owing to its robust infrastructure. The country hosts approximately 20 data center facilities, making it a hub for colocation and enterprise data centers.
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The government's investments in 5G technology and Artificial Intelligence (AI), through initiatives such as the Finnish Center for Artificial Intelligence (FCAI), demonstrate a commitment to technological advancements.
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In the Global Innovation Index 2023, Finland holds the sixth position among 132 economics. The country ranks 12th out of 184 countries in the 2023 Index of Economic Freedom.
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In December 2023, atNorth decided to construct a hyperscale data center in Finland with a power capacity of up to 60 MW; the first phase of the facility is expected to be operational by 2025.
Market Trends
In Finland, district heating is one of the most prominent methods of heating, making the country a top producer in the Nordic region. This method is being implemented by data centers in Finland to achieve the country's goal of carbon neutrality with minimal or no use of fossil fuels. In December 2022, Hyperco planned an expansion in Finland with two new sites. These sites will leverage waste-heat re-usage to supply local district heating networks. In August 2022, Elisa, a Finnish telecommunications firm, began sharing heat from its data center in Helsinki, enabling the heating of up to a thousand local apartments. Elisa's headquarters in Pasila, Helsinki, was connected to an open district heating system operated by Helen, an energy company; this allowed the waste heat recovered from the data center to be utilized for heating homes and other business premises.
Existing VS. Upcoming Data Centers
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Existing Facilitiesin the Region(Area and Power Capacity)
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Helsinki
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Other Cities
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List of Upcoming Facilitiesin the Region(Area and Power Capacity)
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Helsinki
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Other Cities
Why Should You Buy this Research?
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Market size is available in terms of investment, area, power capacity, andFinlandcolocationmarket revenue.
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An assessment of the data center investment inFinlandby colocation, hyperscale, and enterprise operators.
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Investmentsin the area (square feet) andpower capacity (MW)across cities in the country.
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This report details a detailed study of the existing Finnish data center market landscape, provides in-depth market analysis, and makes insightful predictions aboutindustrysize during the forecast period.
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Snapshot ofexisting and upcoming third-party data center facilitiesinFinland
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Facilities Covered (Existing): 20
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Facilities Identified (Upcoming): 04
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Coverage: 8+ Cities
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Existing vs. Upcoming (Area)
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Existing vs. Upcoming (IT Load Capacity)
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Data Center Colocation Market inFinland
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Colocation Market Revenue & Forecast (2020-2029)
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Retail & Wholesale Colocation Pricing
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The Finland data center marketinvestments are classified into IT, power, cooling, and general construction services with sizing and forecast.
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A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
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Business overview and product offeringsof prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
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A transparent research methodology and the analysis of the demand and supply aspects of theindustry.
The Report Includes the Investment in the Following Areas:
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IT Infrastructure
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Servers
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Storage Systems
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Network Infrastructure
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Electrical Infrastructure
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UPS Systems
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Generators
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Transfer Switches & Switchgears
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PDUs
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Other Electrical Infrastructure
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Mechanical Infrastructure
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Cooling Systems
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Rack Cabinets
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Other Mechanical Infrastructure
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Cooling Systems
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CRAC & CRAH Units
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Chiller Units
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Cooling Towers, Condensers & Dry Coolers
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Economizers & Evaporative Coolers
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Other Cooling Units
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General Construction
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Core & Shell Development
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Installation & Commissioning Services
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Engineering & Building Design
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Fire Detection & Suppression Systems
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Physical Security
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Data Center Infrastructure Management (DCIM)
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Tier Standard
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Tier I & Tier II
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Tier III
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Tier IV
Vendor Landscape
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IT Infrastructure Providers
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Atos
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Cisco Systems
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Dell Technologies
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Extreme Networks
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Hewlett Packard Enterprise
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Huawei Technologies
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IBM
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Juniper Networks
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NEC
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Oracle
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Data Center Construction Contractors & Sub-Contractors
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Afry
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Fluor Corporation
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Granlund Group
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Kirby Engineering Group
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Parviainen Arkkitehdit
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RED
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Ramboll
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Royal HaskoningDHV
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Support Infrastructure Providers
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ABB
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Airedale
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Caterpillar
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Cummins
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Delta Electronics
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Eaton
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HITEC Power Protection
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Legrand
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Rittal
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Schneider Electric
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STULZ
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Trane
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Vertiv
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Data Center Investors
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Elisa
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Equinix
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Herman IT
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Telia Finland
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Verna Global
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New Entrants
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atNorth
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Hyperco
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Microsoft
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STORESPEED
Buy this Research @ https://www.arizton.com/market-reports/finland-data-center-market [https://www.arizton.com/market-reports/finland- rel=]
Key Questions Answered in the Report:
How big is the Finland data center market?
How much MW of power capacity will be added across Finland during 2024-2029?
What is the growth rate of the Finland data center market?
How many existing and upcoming data center facilities exist in Finland?
What factors are driving the Finland data center market?
Who are the key investors in the Finland data center market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=finland-data-center-market-to-hit-193-billion-by-2029-get-insights-on-20-existing-data-centers-and-04-upcoming-facilities-across-finland-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/finland-data-center-market
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