Press release
Iceland Data Center Market to Reach USD 812 Million by 2030 | Arizton
Iceland Data Center Market Research Report by Arizton
Looking for More Information? Click: [https://www.arizton.com/market-reports/iceland-data-center-market]
Report Scope:
MARKET SIZE (INVESTMENT): USD 812 Million (2030)
MARKET SIZE (AREA): 208. Thousand Sq. Feet (2030)
MARKET SIZE (POWER CAPACITY): 52 MW (2030)
CAGR - INVESTMENT (2024-2030): 11.39%
COLOCATION MARKET SIZE (REVENUE): USD 397 Million (2030)
HISTORIC YEAR: 2021-2023
BASE YEAR: 2024
FORECAST YEAR: 2025-2030
Iceland Data Center Market Outlook: Green Infrastructure and Emerging Investment Hubs
Iceland data center market, contributing nearly 10% of Nordic investments and over 5% of national GDP, is projected to reach USD 812 million by 2025, driven by rising demand for sustainable digital infrastructure. Operators benefit from Iceland's naturally cool climate and fully renewable energy supply, a balanced mix of hydropower and geothermal, which deliver excellent energy efficiency and cost advantages.
Strategic policy measures, including district heating integration, circular economy practices, and expanded subsea cable capacity, further enhance Iceland's competitiveness as a low-latency hub connecting Europe and North America. While Reykjavik leads development, secondary locations such as Keflavik, Blonduos, and Akureyri are gaining traction among colocation and cloud service providers seeking scalable, green capacity in a stable regulatory environment
Iceland Strengthens Data Center Market with AI-Ready, Low-Carbon Infrastructure
Iceland's data center sector is rapidly evolving with advanced AI and automation to boost operational efficiency and meet growing demand for high-performance computing (HPC) and cloud services. Emerging technologies such as AI-driven cooling, dynamic workload management, and intelligent energy optimization are becoming standard as digital transformation accelerates. Backed by supportive government policies, green energy, and international partnerships, Iceland is positioning itself as a leading AI-ready hub in the Nordics.
As hyperscale operators and machine learning providers diversify HPC infrastructure globally, Iceland offers resilient, low-carbon capacity for high-density, high-bandwidth workloads. Recent developments, including DataCrunch's USD 13 million funding round to scale AI cloud resources with cutting-edge NVIDIA GPU clusters, underscore Iceland's rising appeal for next-generation digital investments and sustainable HPC expansion
Key Highlights:
* Iceland data center growth is supported by reliable green energy, strong inland and subsea cable links, and a stable regulatory framework.
* Reykjavik leads as the main hub for advanced data centers and cloud regions, with land prices ranging from USD 4,500-7,000 per sq m (Jan 2025).
* Northern regions like Akureyri offer lower setup costs and quality infrastructure for expansion.
* As an EEA and WTO member with over 50 double tax treaties, Iceland provides tariff-free EU access and competitive corporate tax rates.
* AI adoption could add up to USD 11.8 billion to Iceland's economy by 2029.
* Operators achieve top-tier energy efficiency with PUE ratios between 1.1 and 1.2, outperforming the global average.
Iceland Expanding 5G and Edge Infrastructure Positions It as a Nordic Digital Hub
Iceland is steadily reinforcing its position as a Nordic digital hub by expanding its 5G network and edge infrastructure to enable advanced applications in smart manufacturing, connected cities, and cloud services. Leading operators Nova, Siminn, and Vodafone plan to achieve 90% nationwide 5G coverage by early 2025 while retiring legacy 2G and 3G networks by year-end.
With a global ranking of 6th for overall network performance (Opensignal, Q1 2025) and gigabit broadband adoption well above the OECD average, Iceland pairs robust connectivity with abundant renewable energy. International players such as Internet Initiative Japan (IIJ) are already piloting renewable-powered micro data centers to strengthen edge capabilities, further positioning Iceland as a sustainable, low-latency base for next-generation digital growth across the Nordics.
Access full market report here: [https://www.arizton.com/market-reports/iceland-data-center-market]
The segmentation includes:
IT Infrastructure
* Server Infrastructure
* Storage Infrastructure
* Network Infrastructure
Electrical Infrastructure
* UPS Systems
* Generators
* Switches & Switchgears
* PDUs
* Other Electrical Infrastructure
Mechanical Infrastructure
* Cooling Systems
* Rack Cabinets
* Other Mechanical Infrastructure
Cooling Systems
* CRAC and CRAH
* Chillers
* Cooling Towers, Condensers, and Dry Coolers
* Other Cooling Units
General Construction
* Core & Shell Development
* Installation & commissioning Services
* Building & Engineering Design
* Fire Detection & Suppression Systems
* Physical Security
* Data Center Infrastructure Management (DCIM)
Tier Standard
* Tier I & Tier II
* Tier III
* Tier IV
Vendor Landscape
IT Infrastructure Providers
* Broadcom
* Cisco
* Dell Technologies
* Hewlett-Packard Enterprise
* Huawei Technologies
* Hitachi Vantara
* IBM
* Lenovo
* NetApp
Data Center Construction Contractors & Sub-Contractors
* AVH
* Blikk & Taekni
* COWI
* Perago Bygg
* Rafeyri
* Raftakn
Support Infrastructure Providers
* Alfa Laval
* Carrier
* Eaton
* Legrand
* Schneider Electric
* Socomec
* STULZ
* Vertiv
Data Center Investors
* North
* Borealis Data Center
* Verne
Other Related Reports that Might be of Your Business Requirement
Germany Data Center Market - Investment Analysis & Growth Opportunities 2025-2030
https://www.arizton.com/market-reports/germany-data-center-market-2025
Ireland Data Center Market - Investment Analysis & Growth Opportunities 2025-2030
https://www.arizton.com/market-reports/ireland-data-center-market-2025
Key Questions Answered in the Report:
* How big is the Iceland data center market?
* How much MW of power capacity will be added across Iceland during 2025-2030?
* What is the growth rate of the Iceland data center market?
* What factors are driving the Iceland data center market?
What's Included in the Iceland Data Center Market Report?
This research provides a complete view of Iceland's data center market, covering market size, colocation revenue, installed power capacity, and detailed investment insights by city and facility. It offers an in-depth analysis of 8 existing and 2 upcoming third-party sites across 4+ key locations, with forecasts to 2030.
The report breaks down investments by IT, power, cooling, and construction segments, highlights trends, growth opportunities, and market challenges, and profiles leading infrastructure providers and investors. Supported by a clear, transparent methodology, this study helps industry stakeholders make informed, strategic decisions in Iceland's expanding digital infrastructure landscape.
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
* 1hr of free analyst discussion
* 10% off on customization
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=iceland-data-center-market-to-reach-usd-812-million-by-2030-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/iceland-data-center-market
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Iceland Data Center Market to Reach USD 812 Million by 2030 | Arizton here
News-ID: 4119342 • Views: …
More Releases from ABNewswire
Berks Insulation Expands Access to Free Boiler Grants for UK Households Seeking …
Image: https://www.abnewswire.com/upload/2025/07/c31d37f7128692846a775ac7ab2a720e.jpg
A new boiler can be expensive. Many homeowners delay replacing an old, inefficient boiler because of the high costs. But did you know that you may be eligible for a free boiler scheme [https://berksinsulation.com/free-boiler-grants/] through the UK government's ECO4 initiative? If you meet the criteria, you could get a brand-new energy-efficient boiler without paying anything.
In this guide, we will explain how to get a free boiler under the ECO4…
Seacanguy Introduces AI-Powered Tool to Detect Fake Listings in Real Time
Image: https://www.abnewswire.com/upload/2025/07/851da98ed3112a07d10df5b0f6f4542e.jpg
Learn how to identify fraudulent shipping container vendors and secure reliable, risk-free purchases.
For procurement officers working in logistics, manufacturing, or construction, shipping containers are a mission-critical purchase. Yet despite their industrial utility, the buying process isn't always straightforward. The online marketplace is filled with misleading listings, unverifiable vendors, and unexpected logistics hurdles. A single misstep-whether due to unclear pricing, fraudulent sellers, or overlooked delivery details-can delay operations and inflate…
Author's Tranquility Press Presents: "The Road Was Our Refuge"
A Tender Journey of Love, Loss, and Finding Home in a World of Strangers
Author's Tranquility Press is honored to announce the release of "Around the World in 12 Years and 12 Square Meters: Memories and Insights [https://www.amazon.com/Around-World-Years-Square-Meters-ebook/dp/B0BS77LRRD/ref=sr_1_1?crid=25XSUMKEHNNI8&dib=eyJ2IjoiMSJ9.0VZhx2tkGhgWM3eMEdYJ-g.GFHcYZ5uj6th63nB9PgszLO9mJ2eVMG1QEkhLv7BmYU&dib_tag=se&keywords=978-1957546438&qid=1752870496&sprefix=978-1957546438%2Caps%2C562&sr=8-1]" by Steffen P. Russak, a soul-stirring memoir of devotion, adventure, and the unspoken beauty found in faraway places-and in each other.
This is not a book about destinations.
It's a book about love.
About packing up…
Buyaccz Breaks Down the Chime Credit Builder Program for First-Time Users
What is Chime Credit Builder?
Chime Credit Builder is a secured credit card program from Chime that can help you build or rebuild your credit without the traditional headaches. Unlike with most other credit cards, it doesn't require a minimum security deposit or charge an annual fee. The Chime Credit Builder [https://buyaccz.com/product/buy-verified-chime-accounts/] card has a direct connection to your Chime checking account, so you use your own funds to fund your…
More Releases for Iceland
Astaxanthin Industry Grows Rapidly US$ 3.47 Billion by 2033 | Algalíf Iceland …
In 2023, the Global Astaxanthin Market was valued at US$ 1.61 Billion. The global Astaxanthin market size reached US$ 1.73 Billion in 2024 and is expected to reach US$ 3.47 Billion by 2033, growing at a CAGR of 8.1% during the forecast period 2025-2033.
The Astaxanthin Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM…
Why you should rent a car in Iceland this Easter
Easter in Iceland is a magical time of year. The days are getting longer, nature is waking up after the winter months, and there's a real sense of renewal in the air. It's the perfect moment to explore the island's stunning landscapes-and there's no better way to do that than with a rental car from KEF Airport. If you so desire, you can also collect the car from our convenient…
Astaxanthin Industry to Witness Massive Growth (2024-2034) | Algalif Iceland ehf …
DataM Intelligence has published a new research report on "Astaxanthin Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/astaxanthin-market
The…
Astaxanthin Market Insights, Forecast to 2031 | Algalif Iceland ehf., Algorigin.
A new Report by DataM Intelligence, titled "Astaxanthin Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Astaxanthin market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as insightful analysis. The Astaxanthin market has been growing significantly…
2024 Knowledge Company Award Goes to Lucinity in Iceland
Lucinity has won the FVH Knowledge Award for 2024, awarded by the President of Iceland to Lucinity for its unique innovations in AI.
Reykjavik, Iceland - May 15, 2024 - Lucinity has been awarded as Iceland's Knowledge Company for 2024 [https://lucinity.com/blog/lucinity-wins-icelands-knowledge-company-award-for-2024], recognizing its unique AI innovations in financial services. Focused on acknowledging impactful and innovative technology, the 2024 Bekkingarverolaun (FVH) award [https://www.fvh.is/%C3%BEekkingarverdlaun?ref=lucinity.ghost.io] was awarded by the President of Iceland to Lucinity.
Image:…
Thermal Spa Getaways Market Overall Study Report 2023-2030 | Blue Lagoon (Icelan …
An recently published analysis of Thermal Spa Getaways Market 2023 presents a holistic perspective of the sector. It offers market intelligence on competitive landscapes and market divisions, accompanied by visual aids like graphs, tables, and charts. These visual aids facilitate effortless examination and comparison of data, ensuring user-friendly access to valuable market insights. The Thermal Spa Getaways research report is the hub of market information, which precisely expounds on critical…
