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The Iceland data center market is expected to grow at a CAGR of 12.63% from 2022 to 2028. Speak directly to the analyst to clarify any post sales queries you may have.
KEY HIGHLIGHTS
- Iceland secures 4th for digital innovation in the European Commission’s eGovernment Benchmark 2022.
- In terms of 5G network deployment, Mila, Siminn, Vodafone, Ciena, Ericsson, and Nova are some of the telecom operators involved in deploying the 5G services across the region.
- Reykjavik is the primary hub in the Iceland data center market, with most existing third-party data centers. Other cities such as Keflavik, Akureyri, and Blönduós are the emerging data center locations.
- Iceland has ambitious targets for its future energy, which aims to reduce the use of fossil fuels by 2050 and achieve carbon neutrality by 2040.
- Iceland's membership in the European Free Trade Association (EFTA) and the European Economic Area (EEA) allows it to participate in the European Single Market, facilitating the free movement of capital, labor, goods, and services with the EU. Iceland also maintains regulatory stability by adopting EU legislation for matters related to the single market.
WHY SHOULD YOU BUY THIS RESEARCH?
- Market size available in the investment, area, power capacity, and Iceland colocation market revenue.
- An assessment of the data center investment in Iceland by colocation, hyperscale, and enterprise operators.
- Investments in the area (square feet) and power capacity (MW) across cities in the country.
- A detailed study of the existing Iceland data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.
- Snapshot of existing and upcoming third-party data center facilities in Iceland
- Data Center Colocation Market in Iceland
- The Iceland data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
- A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
- Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
- A transparent research methodology and the analysis of the demand and supply aspects of the industry.
VENDOR LANDSCAPE
- In the Iceland data center market, some key investors are atNorth, Borealis Data Centres, and Verne Global.
- In June 2023, atnorth announced the launch of their data center facility, ICE03, located in Akureyri in the north of Iceland.
- Due to the mergers & acquisitions, the operators are increasing their capacities. For instance, Ficolo, a data center firm and expert in hybrid cloud infrastructure based in Finland, merged with Verne Global to satisfy the data center demand in the country.
IT Infrastructure Providers
- Broadcom
- Cisco Systems
- Dell Technologies
- Hewlett Packard Enterprise
- Huawei Technologies
- Hitachi Vantara
- IBM
- Lenovo
- NetApp
Data Center Construction Contractors & Sub-Contractors
- Mannvit
Support Infrastructure Providers
- Alfa Laval
- Carrier
- Eaton
- Legrand
- Schneider Electric
- Socomec
- Stulz
- Vertiv
Data Center Investors
- Borealis Data Center
- atnorth
- Verne Global
EXISTING VS. UPCOMING DATA CENTERS
- Existing Facilities in the Region (Area and Power Capacity)
- Reykjavik
- Other Cities
- List of Upcoming Facilities in the region (Area and Power Capacity)
REPORT COVERAGE:
This report analyses the Iceland data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:- IT Infrastructure
- Servers
- Storage Systems
- Network Infrastructure
- Electrical Infrastructure
- UPS Systems
- Generators
- Switches & Switchgear
- PDUs
- Other Electrical Infrastructure
- Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
- Cooling Systems
- CRAC and CRAH Units
- Chillers Units
- Cooling Towers, Condensers, and Dry Coolers
- Other Cooling Units
- General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Engineering & Building Design
- Fire Detection & Suppression
- Physical Security
- DCIM
- Tier Standard
- Tier I & Tier II
- Tier III
- Tier IV
KEY QUESTIONS ANSWERED:
1. What will be the market size of the Iceland data center market?2. How many data centers are there in Iceland?
3. What is the growth rate of the Iceland data center market?
4. What are the driving factors in the Iceland data center market?
5. Who are the key investors in the Iceland data center market 2022?
Table of Contents
1. Existing & Upcoming Third-Party Data Centers in Iceland
2. Investment Opportunities in Iceland
3. Data Center Colocation Market in Iceland
4. Market Dynamics
5. Market Segmentation
6. Tier Standards Investment
7. Key Market Participants
8. Appendix
List of Exhibits
List of Tables
Companies Mentioned
- Broadcom
- Cisco Systems
- Dell Technologies
- Hewlett Packard Enterprise
- Huawei Technologies
- Hitachi Vantara
- IBM
- Lenovo
- NetApp
- Mannvit
- Alfa Laval
- Carrier
- Eaton
- Legrand
- Schneider Electric
- Socomec
- Stulz
- Vertiv
- Borealis Data Center
- atnorth
- Verne Global
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 79 |
| Published | December 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 266 Million |
| Forecasted Market Value ( USD | $ 543 Million |
| Compound Annual Growth Rate | 12.6% |
| Regions Covered | Iceland |
| No. of Companies Mentioned | 21 |
