Finland Data Center Market Report 2024-2029: Strong Presence from Global Support Infrastructure Vendors such as ABB, Airedale, Caterpillar, Cummins, Delta Electronics, Eaton, Legrand, Rittal and STULZ
Finnish Data Center Market
Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Finland Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The Finland Data Center Market was valued at $418 Million in 2023, and is expected to reach $1.93 billion by 2029, rising at a CAGR of 29.12%.
KEY HIGHLIGHTS
Finland's data center market is ideal for development due to its low latency connectivity, high-speed data networks, political stability, and dependable power grid. The country has been witnessing increased investments from colocation and hyperscale data center providers, contributing to the growth of the Finland data center market.
The country is increasingly investing in renewable energy. Data center operators are procuring renewable energy for their data centers to achieve their sustainability goals. By 2035, the country will use renewable energy to meet its carbon neutrality goals.
Cloud service providers will likely enter the country with new data center regions. Operators like Microsoft plan to build a data center region in Finland. The country plans to move most public and private sector workloads to the cloud.
Investing in Finland's tech market can be profitable due to its growing digital infrastructure. The Finland data center market hosts approximately 20 facilities, making it attractive for colocation and enterprise data centers. The government's investments in 5G technology and Artificial Intelligence through initiatives like the Finnish Center for Artificial Intelligence (FCAI) demonstrate a commitment to technological advancements.
VENDOR LANDSCAPE
Some key colocation investors in the Finland data center market include Equinix, Elisa, Ficolo, Telia Finland, Herman IT, atNorth, and others.
The Finland data center market has a strong presence from global support infrastructure vendors such as ABB, Airedale, Caterpillar, Cummins, Delta Electronics, Eaton, Legrand, Rittal, Schneider Electric, and STULZ. This has resulted in heightened competitiveness in the infrastructure offerings and solutions available.
The Finland data center market has several local and global construction contractors operating, including Fluor Corporation, AFRY, Granlund Group, and others, offering their services. For instance, Kirby Engineering Group was involved in constructing a hyperscale data center in Hamina, Finland.
EXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the Region (Area and Power Capacity)
Helsinki
Other Cities
List of Upcoming Facilities in the Region (Area and Power Capacity)
Helsinki
Other Cities
VENDORS
IT Infrastructure Providers
ATOS
Cisco Systems
Dell Technologies
Extreme Networks
Hewlett Packard Enterprise
Huawei Technologies
IBM
Juniper Networks
NEC
Oracle
Data Center Construction Contractors & Sub-Contractors
Afry
Fluor Corporation
Granlund Group
Kirby Engineering Group
Parviainen Arkkitehdit
RED
Ramboll
Royal HaskoningDHV
Support Infrastructure Providers
ABB
Airedale
Caterpillar
Cummins
Delta Electronics
Eaton
HITEC Power Protection
Legrand
Rittal
Schneider Electric
STULZ
Trane
Vertiv
Data Center Investors
Elisa
Equinix
Google
Herman IT
Telia Finland
Verna Global
New Entrants
atNorth
Hyperco
Microsoft
STORESPEED
KEY QUESTIONS ANSWERED
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?
WHY SHOULD YOU BUY THIS RESEARCH?
Market size is available regarding investment, area, power capacity, and Finland's colocation market revenue.
An assessment of the data center investment in Finland by colocation, hyperscale, and enterprise operators.
Investments in the area (square feet) and power capacity (MW) across cities in the country.
This report details a detailed study of the Finnish data center market landscape, provides in-depth market analysis, and makes insightful predictions about industry size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in Finland
Facilities Covered (Existing): 20
Facilities Identified (Upcoming): 4
Coverage: 8+ Cities
Existing vs. Upcoming (Area)
Existing vs. Upcoming (IT Load Capacity)
Data Center Colocation Market in Finland
Colocation Market Revenue & Forecast (2020-2029)
Retail & Wholesale Colocation Pricing
The Finland 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.
Key Attributes:
Report Attribute | Details |
No. of Pages | 103 |
Forecast Period | 2023 - 2029 |
Estimated Market Value (USD) in 2023 | $418 Million |
Forecasted Market Value (USD) by 2029 | $1937 Million |
Compound Annual Growth Rate | 29.1% |
Regions Covered | Finland |
REPORT COVERAGE
This report analyses the Finland 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
Transfer Switches & Switchgears
PDUs
Other Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Rack Cabinets
Other Mechanical Infrastructure
Cooling Systems
CRAC & CRAH Units
Chiller Units
Cooling Towers, Condensers & Dry Coolers
Economizers & Evaporative Coolers
Other Cooling Units
General Construction
Core & Shell Development
Installation & Commissioning Services
Engineering & Building Design
Fire Detection & Suppression Systems
Physical Security
Data Center Infrastructure Management (DCIM)
Tier Standard
Tier I & Tier II
Tier III
Tier IV
For more information about this report visit https://www.researchandmarkets.com/r/2u94pi
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