Norway Data Center Server Market Size (2024 - 2029)

The Norway data center server market is anticipated to experience significant growth, with a substantial increase in market size over the forecast period. The expansion is driven by the rising IT load capacity and the construction of additional raised floor areas. The market is also set to see a considerable rise in the number of racks installed, particularly concentrated in Oslo. Furthermore, the development of submarine cable systems, including new projects like the Leif Erikson, is expected to enhance connectivity, contributing to the market's growth trajectory.

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Market Size of Norway Data Center Server Industry

Norway Data Center Server Market Summary
Study Period 2024 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
Historical Data Period
CAGR (2024 - 2030) 15.10 %
Market Concentration High

Major Players

Norway Data Center Server Market Major Players

*Disclaimer: Major Players sorted in no particular order

Norway Data Center Server Market Analysis

The Norway Data Center Server Market is expected to register a CAGR of 15.10% during the forecast period.

The Norway data center market is projected to register a CAGR of 15.1%.

  • The upcoming IT load capacity of the Norway data center construction market is expected to reach 696.5 MW by 2029.
  • The country's construction of raised floor area is expected to increase by 3.4 million sq. ft by 2029.
  • The country's total number of racks to be installed is expected to reach 174,138 units by 2029. Oslo will likely house the maximum number of racks by 2029.
  • There are close to 10 submarine cable systems connecting Norway, and many are under construction. One such submarine cable, estimated to be built by 2026, is Leif Erikson, with landing points in Kristiansand, Norway.

Norway Data Center Server Industry Segmentation

A data center server is basically a high-capacity computer without peripherals like monitors and keyboards. It is a hardware unit installed inside a rack, having a central processing unit (CPU), storage, and other electrical and networking equipment, making them powerful computers that deliver applications, services, and data to end-user devices.

Norway data center server market is segmented by form factor (blade server, rack server, tower server) and end-user (banking, financial services, insurance, IT and telecommunications, government, media and entertainment, and other end-users). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

Form Factor
Blade Server
Rack Server
Tower Server
End-User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-User
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Norway Data Center Server Market Size Summary

The Norway data center server market is experiencing significant growth, driven by the increasing demand for data processing capabilities due to the rise in smartphone usage and digital services. The government's data security policies have further propelled the need for expanded rack capacities within the country. This expansion is supported by the development of smart cities and the growing adoption of teleconsultation services, which have seen a substantial increase in usage post-pandemic. The market is characterized by the adoption of blade servers, which offer benefits such as space efficiency, modularity, and cost-effectiveness, making them an attractive option for industry players. Prominent companies like Dell, HPE, Cisco, and Lenovo are focusing on these servers to meet the evolving needs of end-users.

Oslo stands out as the primary hub for data centers in Norway, benefiting from tax incentives, lower electricity costs due to renewable energy, and a robust infrastructure to support smart city initiatives. The region's data center market is moderately consolidated, with major players like Dell, IBM, Huawei, Cisco, and Lenovo leading the charge. Recent developments, such as Cisco's partnership with Intel to launch advanced servers and Telenor's plans to build new data centers, are expected to create further opportunities in the market. The ongoing expansion and technological advancements in Norway's data center server market underscore its pivotal role in supporting the country's digital transformation and infrastructure development.

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Norway Data Center Server Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Major Initiatives Undertaken by Governments to Promote Digital Economy and Connectivity Infrastructure

      2. 1.2.2 Rising Adoption of Hyperscale Data Centers

    3. 1.3 Market Restraints

      1. 1.3.1 Environmental, Cost, and Workforce-related Challenges

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 Form Factor

      1. 2.1.1 Blade Server

      2. 2.1.2 Rack Server

      3. 2.1.3 Tower Server

    2. 2.2 End-User

      1. 2.2.1 IT & Telecommunication

      2. 2.2.2 BFSI

      3. 2.2.3 Government

      4. 2.2.4 Media & Entertainment

      5. 2.2.5 Other End-User

Norway Data Center Server Market Size FAQs

The Norway Data Center Server Market is projected to register a CAGR of 15.10% during the forecast period (2024-2030)

Dell Inc., International Business Machines (IBM) Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc. and Lenovo Group Limited are the major companies operating in the Norway Data Center Server Market.

Norway Data Center Server Market Report Snapshots

Norway Data Center Server Market Size & Share Analysis - Growth Trends & Forecasts (2024-2030)