NORDIC MARKETS 3RD PARTY DATA CENTER AND HYPERSCALE INVESTMENT TOPS USD 3 BILLION
London, 12 September 2017 - New research by BroadGroup suggests that investment in the data center sector in the Nordic market has reached around USD 3 billion over the last twelve to eighteen months alone.
In the third annual edition of its report Data Centers Nordic, BroadGroup finds that combined available power for third party facilities and hyperscales is already approaching 800MW for the region.
Research for this report projects that third party m2 space will increase by more than 26% by the end of 2018. A combination of M&A activity, market entry by new investors, promotional initiatives by Sweden, Norway and Denmark in particular to attract hyperscale investment and the emergence of eco-systems will significantly change the landscape over the next 12-18 months.
With its abundance of renewable energy, and in most cases a competitive energy tax, and land availability the region is set to be targeted for further hyperscale development by US players and with Asian firms the Nordics can potentially harness new infrastructure investments.
“Given the outlook for available renewable energy attached to greenfield and brownfield sites across the region, with more than 5500MW, the outlook for the end of 2018 and beyond is extremely positive,” commented Philip Low of BroadGroup.
“As the Nordic markets are now much more integrated with Europe, existing colocation and content distribution hub opportunities, the emergence of Edge, fixed price contracts for renewable energy and further investment in connectivity present attractive opportunities for enterprises deploying IT assets globally.”
Datacenter Nordics III is the third annual report from BroadGroup and covers 8 countries: Denmark, Finland, Iceland, Norway, Sweden and the Baltic States of Latvia, Lithuania and Estonia who collectively own 260 third party data center facilities.
Many of the topics covered in the report will be discussed at Datacloud Nordic which takes place in Oslo, October 30th.
BroadGroup is an Information Media Technology and Professional Services provider and a member company of FTSE 250 Euromoney Institutional Investor PLC. Established in 2002, the company has achieved recognition and growth through delivering quality research and events across the IT infrastructure sector. Its Data Centre and Cloud practice is the market leader in providing commercial due diligence, research and analysis for the sector. The company’s event portfolio brands include Datacloud, Datacloud Awards, Finance and Investment Forum and Dark Fibre Convention which deliver high quality international networking and business opportunity events. The company also owns the leading online information source, magazine and specialist forum Data Economy.