Stockholm Data Center Market Size (2024 - 2029)

Stockholm Data Center Market Analysis

The Stockholm Data Center Market is expected to register a CAGR of 6.29% during the forecast period.

The main drivers anticipated to drive market expansion are the increasing demand for energy-efficient data centers, considerable investment by colocation and managed service providers, and expanding hyperscale data center buildings. Additionally, the development of big data, cloud computing, and the Internet of Things (IoT) has made it possible for businesses to invest in new data centers to preserve business continuity. 

• Additionally, industrial development is expected to prosper due to the rising need for security, operational efficiency, improved mobility, and bandwidth. Software-based data centers boost industry growth by providing a higher level of automation.
• As individuals spend more time online, telcos require more servers and low-latency connectivity choices. The scale and interconnectedness of hyperscale data centers will be needed to satisfy growing demand. In 2023, services will be dispersed, deployed, and operated over various resources, such as private or public cloud services, networks, and devices, all of which will continue to work in unison to deliver a single service or package of services. Private clouds give greater control and security, whereas public clouds offer enormous processing capacity. Trends like these are expected to drive the studied market.
• For instance, recently, Microsoft Corporation opened its newest sustainable data center region in Sweden, with locations in Gävle, Sandviken, and Staffanstorp. Microsoft's new world-class data centers in Sweden are now operational. Microsoft Azure and Microsoft 365 services are available immediately, providing advanced data protection, privacy, and the opportunity to store data in the country. The new data center region incorporates the best of Microsoft's sustainability investments, powering the data center with 100% carbon-free energy and supporting zero-waste operations, highlighting Microsoft's ongoing investment to help create new long-term opportunities in Sweden's commercial and public sectors.
• Further, in October 2022, the SciLifeLab Research Data Management (RDM) Guidelines web portal will be released. The portal, which SciLifeLab Data Center and NBIS created and maintained, will be a knowledge hub for managing life science research data in Sweden. It will include guidance on best practices for each phase of the research data life cycle, adherence to the FAIR principles, how to make user data as open as feasible, and how to maximize the research effect of data. The information will be specifically designed to relate to life science data from a Swedish research standpoint.
• On the flip side, development centers have conducted extensive research on energy efficiency in data centers, focusing on optimal QoS, efficient utilization of resources, and operation cost reduction. They aim to minimize brown energy utilization by proposing a load-balancing approach utilizing the available green energy. Load balancing is based on available renewable energy and has been installed in multiple data centers. A workload and energy management scheme was introduced to decrease the operational cost of the network and energy costs. Combined cooling, heating, and power (CCHP) systems can reduce carbon emissions and air pollution and increase resource efficiency.

Stockholm Data Center Industry Segmentation

A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with those applications and services.

The Stockholm data center market is segmented by DC size (small, medium, large, massive, mega), by tier type (tier 1 and 2, Tier 3, Tier 4), by absorption (utilized, colocation type (retail, wholescale, hyperscale), end user (cloud & IT, telecom, media & entertainment, government, BFSI, manufacturing, e-commerce)), and non-utilized). The market sizes and forecasts are provided in terms of value (MW) for all the above segments.