Norway Data Center Server Market Size
| Study Period | 2024 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| CAGR | 15.10 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Norway Data Center Server Market Analysis
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 Market Trends
IT and Telecom To Have Significant Market Share
- The rising number of users opting for smartphones due to the affordability and digitalization services offered by them has led to an increase in data consumption in Norway. Companies have increased their rack capacities in data centers to process these huge amounts of data.
- Additionally, the government policies to keep the data secure have restricted the companies from containing the information within the country, which has further led these companies to increase their rack capacities. The rack capacities are expected to increase from 47082 in 2016 to 81610 in 2023 due to the urban audience adopting various smart devices such as tablets and smart wearables. The racks are further expected to increase and reach around 185625 by 2029 due to new smart cities being developed in the country.
- Teleconsultation services, which are a part of smart services in the country, are expected to grow further. During 2009-2015, teleconsultation was used by only 0.5% of the population. Post the pandemic, the number of people using teleconsultation services increased proportionally.
- For instance, Dr. Dropin, a teleconsultation company, provides its digital services in Oslo, and around 25% of the consultations are done virtually. The above-mentioned digital drive increased the demand for racks, which led to an increase in occupancy percentages from 55% in 2016 to 60% in 2022. It is further expected to reach around 65% by 2029, which is expected to increase the IT load capacity during the forecast period.
Blade Server To Have The Highest Market Share
- The type of server that's designed to be in a data center is blade servers. These servers share a common chassis or enclosure, making them thinner and more compact. Space efficiency, modularity, reduced cable fragmentation, efficient cooling, centralized management, frequency availability, and energy efficiency are some of the main features and benefits of blade servers.
- Single or multiple server blades can be inserted or removed without distressing another running system. It reduces hardware costs, which is likely to entice industry players to adopt the technology, thereby fueling market growth. Additionally, each server blade does not consist of a distinct infrastructure and chassis, owing to which the product is relatively cheaper as compared to other solutions.
- To cater to end-user needs, the top companies are focusing on blade servers in data centers. The prominent companies that manufacture blade servers in Norway include Dell (PowerEdge M Series), HPE (ProLiant BL Series), Cisco (UCS Blade Servers), and Lenovo (ThinkSystem Blade Servers), among others.
- The growing adoption of technologies such as cloud computing, artificial intelligence (AI), and IT services by businesses is propelling the use of servers in data centers. This sector is driven by the increased demand for streaming solutions and hyperscale data centers. Hyperscale computing, which is considered to be cost-effective in terms of enabling applications for large amounts of data, relies on the highly scalable server architecture and virtual networks that are becoming more and more popular.
- Oslo is the most preferred hotspot for data centers in Norway due to the numerous tax and land incentives offered. Electricity prices are lower due to the use of renewable energy. Oslo held nearly 32.3% of the market share in 2029. The region's computing power stood at 111.8 MW in 2022. The region is expected to record a CAGR of 11.83% from 122.5 MW in 2023 to 239.5 MW in 2029.
- Oslo currently has 18 data center facilities. Stack Infrastructure is the leading competitor in Oslo, and it was operating at an IT load capacity of 50 MW in 2022. Oslo, a smart city, has numerous smart initiatives such as traffic monitoring and smart lighting.
- SmartOslo is a unique grant that contributes to innovation and development within Oslo Municipality. One of the projects under this program is the collaboration between the Agency for Water and Wastewater Services and the company Soundsensing. Soundsensing is developing an IoT sound sensor to automatically identify potential problems with the pumps and valves in the water and wastewater systems. Such programs need large data processing facilities to monitor and analyze data in real time.
Norway Data Center Server Industry Overview
The Norway data center server market is moderately consolidated, with significant companies such as Dell Inc., International Business Machines (IBM) Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc. and Lenovo Group Limited.
Norway Data Center Server Market Leaders
Dell Inc.
International Business Machines (IBM) Corporation
Huawei Technologies Co. Ltd.
Cisco Systems Inc.
Lenovo Group Limited
*Disclaimer: Major Players sorted in no particular order
Norway Data Center Server Market News
- January 2023 - Cisco Systems Inc., in partnership with Intel, announced the launch of new servers powered by the advanced Intel Xeon processors. Intel unveiled the 4th Gen Intel Xeon Scalable processors, while Cisco introduced the new flexible, more powerful, and sustainable servers based on Intel innovation. Powered and managed by Intersight, the UCS X-Series can support workloads on a blade-server architecture that has historically been only practical on rack-based servers.
- August 2023: Norwegian telecommunications company Telenor announced its plans to build three new data centers in Oslo. The company's goal is to provide colocation data centers with a maximum capacity of 40 MW that will be used to supply public and private servers. Such developments are expected to create more opportunities for the market studied.
Table of Contents
1. INTRODUCTION
1.1 Study Assumption & Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Major Initiatives Undertaken by Governments to Promote Digital Economy and Connectivity Infrastructure
4.2.2 Rising Adoption of Hyperscale Data Centers
4.3 Market Restraints
4.3.1 Environmental, Cost, and Workforce-related Challenges
4.4 Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
5.1 Form Factor
5.1.1 Blade Server
5.1.2 Rack Server
5.1.3 Tower Server
5.2 End-User
5.2.1 IT & Telecommunication
5.2.2 BFSI
5.2.3 Government
5.2.4 Media & Entertainment
5.2.5 Other End-User
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Dell Inc.
6.1.2 International Business Machines (IBM) Corporation
6.1.3 Lenovo Group Limited
6.1.4 Cisco Systems Inc.
6.1.5 Kingston Technology Company Inc.
6.1.6 Quanta Computer Inc.
6.1.7 Super Micro Computer Inc.
6.1.8 Huawei Technologies Co. Ltd.
6.1.9 Inspur Group
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
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 |
Frequently Asked Questions
What is the current Norway Data Center Server Market size?
The Norway Data Center Server Market is projected to register a CAGR of 15.10% during the forecast period (2024-2030)
Who are the key players in Norway Data Center Server Market?
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.
What years does this Norway Data Center Server Market cover?
The report covers the Norway Data Center Server Market historical market size for years: . The report also forecasts the Norway Data Center Server Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Norway Data Center Server Industry Report
Statistics for the 2024 Norway Data Center Server market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Norway Data Center Server analysis includes a market forecast outlook to for 2024 to (2024to2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
