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
Affordable MLB Postseason Tickets Online: Use Promo Code CITY10 at CapitalCityTi …
Get your MLB postseason tickets online at CapitalCityTickets.com and enjoy affordable pricing! Use promo code CITY10 at checkout to save on every game. From wild-card matchups to the World Series, fans can secure the best seats at stadiums nationwide. Don't miss the excitement of playoff baseball - buy your tickets today and cheer on your favorite team without overspending.
The 2025 MLB postseason is here, and the excitement is electric! Whether…
Secure Nets Barclays Center Tickets Fast: Save with CITY10 at CapitalCityTickets …
Score your Brooklyn Nets tickets at Barclays Center quickly and easily with CapitalCityTickets.com! Fans can save instantly using promo code CITY10. Whether you want courtside action or upper-level seats, get the best deals for every home game. Don't miss live NBA action featuring Kevin Durant, Kyrie Irving, and the Nets - buy your tickets online today for the 2025-26 season.
Ready to catch the Brooklyn Nets in action at the iconic…
Best Boston Celtics Home Game Tickets: Save Big at CapitalCityTickets.com with P …
Score the best deals on Boston Celtics home game tickets at TD Garden with CapitalCityTickets.com! Whether you're sitting courtside or in the balcony, fans can save big by using promo code CITY10 at checkout. Don't miss a chance to watch Jayson Tatum, Jaylen Brown, and the Celtics dominate on their home court. Buy your tickets online today and enjoy unbeatable prices for every matchup in the 2025-26 NBA season.
Are you…
"Faces of Psychosis" Redefines Art and Memoir with Unflinching Vision
Image: https://www.abnewswire.com/upload/2025/09/0dee09b98e12efa62723aec52dbb43c5.jpg
Shoreline, WA - Jairus Beane's Faces of Psychosis has ignited critical acclaim as a genre-defying masterpiece that fuses memoir, avant-garde photography, and mental health advocacy. Released today, the groundbreaking work, featuring 92 unaltered hallucinatory images, such as the visceral "Horror Strip" (page 95) and the abstract "Cotton Picasso" (page 92), positions Beane alongside visionaries like Yayoi Kusama and Frida Kahlo in transforming psychological turmoil into transcendent art. Galleries from…
More Releases for Iceland
Iceland: In from the cold
On Friday the Republic of Iceland handed in an application to join the European Union to the Swedish EU presidency. Iceland's parliament last week had backed the government's plan to begin talks to join the EU, months after a meltdown of the north Atlantic island's economy amid the global financial crisis.
LYMEC President Aloys Rigaut reacted: 'Iceland is one of Europe's oldest democracies and we can thus only welcome its EU…
A new bird trail in North Iceland
An old legend of the siblings gyrfalcon and ptarmigan, myriads of Brunnich's guillemots and puffins in black seacliffs, the melancholic cry of the great northern diver, wriggling groups of busy waders in their summerdresses, the magnificent dives of gannets and one of the greatest and most varied breeding grounds of ducks in the world. Those are examples of experiences bird watchers can expect on a new bird trail now being…
Iceland Economic Outlook for Q1 2008
Cooler times ahead
The state of the Icelandic economy has altered since our last forecast, after the deepening of the sub-prime crisis on the international markets. The economy is more cooling down, opening up the possibility that the Central Bank of Iceland will cut interest rates sooner than previously forecast.
Highlights of the forecast:
- Economic growth in 2008 will be low due to decreasing private consumption and fewer investments.…
Iceland - Commercial property market
After sharp increases in commercial property prices last year, the market will grow calmer next year. A cool down in the economy, high interest rates and a vast increase in supply will lead to a slowdown in activity. Growth in service sector - higher concentration of property in the Reykjavik area and both new and old core areas have been growing. There are signs of a slowdown in demand in…
Iceland: Real estate market at crossroads
Housing prices will continue to rise over the coming years. The pace of these rises, however, will slow down considerably. High interest rates, tighter access to loans and a cooling labour market are the factors that will reduce demand. Supply, on the other hand, seems to have peaked and is likely to diminish over the next years – which should help stabilise real estate prices. A turn-around is expected in…
Iceland Express adds flights
Iceland Express has today announced that it will add extra flights on the London Stansted to Kefalavik route, starting on 26. February 2008. From that date this dynamic, young airline will operate 11 flights per week on this route, an increase of two flights a week on the summer programme.
London Stansted to Reykjavik was one of two original routes the airline has flown since it commenced operations in February…
