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Iceland Data Center Market to Reach USD 812 Million by 2030 | Arizton

07-24-2025 11:42 PM CET | Associations & Organizations

Press release from: ABNewswire

Iceland Data Center Market Research Report by Arizton

Iceland Data Center Market Research Report by Arizton

According to Arizton's latest research report, the Iceland data center market [https://www.arizton.com/market-reports/iceland-data-center-market] to grow at a CAGR of 11.39% during the forecast period 2024-2030.

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



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