Sweden Data Center Construction Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.89 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Sweden Data Center Construction Market Analysis
The Sweden data center construction market is projected to register a CAGR of 5.89%.
- The upcoming IT load capacity of the Sweden data center construction market is expected to reach 409.2 MW by 2029. The country's construction of raised floor area is expected to increase by 1.7 million sq. ft by 2029.
- The country's total number of racks to be installed is expected to reach 87,068 units by 2029. Stockholm may house the maximum number of racks by 2029.
- There are close to 12 submarine cable systems connecting Sweden, and many are under construction. One such submarine cable, estimated to be built by the end of 2024, is N0r5ke Viking 2, which stretches over 9,000 Kilometers with landing points Lagunen, Sweden, Tananger, Norway, Stavanger, Norway, Oslo, Lista, Norway, Kristiansand, Norway, Larvik, Norway, Håvik, Norway, Haugesund, Norway, Horten, Norway, Bunnefjorden, Norway, Egersund, Norway, Bergen, Norway, Arendal, Norway.
Sweden Data Center Construction Market Trends
IT and Telecom to have significant market share
- The cloud and telecom segments are expected to generate the highest revenue among end-user industries in the Swedish data center market. In contrast, the manufacturing segment is expected to witness the highest growth, amounting to 8.25% over the forecast period. The IT load demand from the manufacturing end-user segment is expected to reach nearly 45.56 MW by 2029 from 25.97 MW in 2022, owing to the growing Industry 4.0 initiatives in the manufacturing sector, which is a significant backbone of the country's economy.
- The telecommunications end-user industry segment is expected to maintain its dominance owing to the growing usage of 5G services among users. In Sweden, 5G mobile data speed is expected to grow significantly and reach 591 Mbps by 2029 from 333.9 Mbps in 2021. Such factors suggest increasing data traffic and growing demand for data center servers.
- The Swedish government is expanding its focus across e-health and online education. For instance, it implemented the "Swedish National Digitalization Strategy for the School System 2017- 2022," which enables children, students, and staff to access relevant digital tools based on their needs and tailored to their conditions.
- The Swedish Association of Local Authorities and Regions (SALAR) and the national government have established a vision for a Swedish e-Health plan. As per this vision, Sweden will invest USD 1.22 billion toward utilizing the opportunities afforded by digitization and eHealth, making it easier for all individuals to achieve good medical services by 2025.
- Major industries such as e-commerce, media, healthcare, telecom, and government are expected to significantly boost the demand for data center services and solutions as more service aggregators try connecting the urban populations with rural cultures and heritage, thereby offering a growth platform for MSMEs in the country.
Stockholm is expected to witness majority of data center construction in the country
- Stockholm has a major share of facilities in Sweden, followed by Falun, Pitea, and others. Stockholm DC's facilities' share accounted for 61% and others 39%. Stockholm is one of Europe's fastest-growing tech startup scenes, producing startups. This outstanding accomplishment demonstrates the power of the market, which is distinguished for its entrepreneurial spirit and thriving culture of interdisciplinary collaboration.
- The total IT load capacity in Stockholm is expected to register a CAGR of 6.29%, surpassing 265.05 MW by 2029. On the other hand, the rest of Sweden is predicted to register a CAGR of 5.22% to reach a capacity of 154.67 MW by 2029.
- Stockholm City in Sweden is implementing policies across all sectors to reach the goal of zero CO2 emissions in the coming years. Data center operators, like Conapto and Multigrid in Stockholm, operate their data centers on 100% renewable energy. In other hotspots, operators operate on renewable energy. For instance, EcoDataCentre's main site has a capacity of 500 MW of renewable power. Electricity consumed at this site in Falun is 100% wind and hydropower; at Pitea, it is 100% hydropower.
- Infrastructure development in Falun, Patia, Gothenburg, Falkenberg, and Lund regions was crucial for easing the economic pressure on the Stockholm region and developing the rest of the country. For instance, EcoDataCenter announced plans to build a new data center facility at its campus in Falun, Sweden, wherein it was investing SEK 1 billion (USD 102 million) in a new 15 MW facility.
Sweden Data Center Construction Industry Overview
The Sweden Data Center Construction Market is fairly consolidated, with significant players such as AECOM, Dornan(Engineering Works), Kirby Group Engineering, Coromatic AB Sweden, ALFA LAVAL, and AECOM.
In March 2023, EcoDataCenter announced plans to build a data center in Sweden with an investment of SEK 1 billion to host a 15 MW facility for the end users. Such a development is expected to provide opportunities for the vendors studied in the market.
Sweden Data Center Construction Market Leaders
Dornan(Engineering Works)
Kirby Group Engineering
Coromatic AB Sweden
ALFA LAVAL
AECOM
*Disclaimer: Major Players sorted in no particular order
Sweden Data Center Construction Market News
- October 2022: Conapto and the real estate firm Fastpartner signed an agreement to construct a 10,000-square-meter data center building in southern Stockholm. This land can accommodate an 8000 square meter data center and 20 MW of power when fully built.
- February 2022: To complete the data center's power supply, EcoDataCenter invested about SEK 50 million (4.79 USD million) in a collaborative initiative with Ellevio and Falu Energi & Vatten. The facility's growth to its maximum capacity is made possible by secure access to 80 MW of renewable electricity.
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 5G Developments Fuelling Data Center Investments
4.2.2 Growing Cloud Servce adoption
4.2.3 Green Data Centers rising awarness of Carbon-Neutrality leading to Infrastructure upgrades
4.3 Market Restraints
4.3.1 Security Challenges Impacting Growth of Data Centers
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. Key Industry Statistics
5.1 Planned/Under Construction IT Load Capacity
5.2 Planned/Under Construction Raised Floor Space
5.3 Planned/Under Construction Submarine Cable
6. MARKET SEGMENTATION
6.1 Tier Type
6.1.1 Tier 1 and 2
6.1.2 Tier 3
6.1.3 Tier 4
6.2 Data Center Size
6.2.1 Small
6.2.2 Medium
6.2.3 Large
6.2.4 Mega
6.2.5 Massive
6.3 Infrastructure
6.3.1 Cooling Infrastructure
6.3.1.1 Air-based Cooling
6.3.1.2 Liquid-based Cooling
6.3.1.3 Evaporative Cooling
6.3.2 Power Infrastructure
6.3.2.1 UPS Systems
6.3.2.2 Generators
6.3.2.3 Power Distribution Unit (PDU)
6.3.3 Racks and Cabinets
6.3.4 Servers
6.3.5 Networking Equipment
6.3.6 Physical Security Infrastructure
6.3.7 Design and Consulting Services
6.3.8 Other Infrastructure
6.4 End-User
6.4.1 IT & Telecommunication
6.4.2 BFSI
6.4.3 Government
6.4.4 Healthcare
6.4.5 Other End User
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 AECOM
7.1.2 Arup Group Limited
7.1.3 DPR CONSTRUCTION, INC.
7.1.4 IBM Corporation
7.1.5 Schneider Electric SE
7.1.6 Kirby Group Engineering
7.1.7 Coromatic AB Sweden
7.1.8 Legrand SA
7.1.9 Dornan(Engineering Works)
7.1.10 ALFA LAVAL AB
7.1.11 Per Aarsleff A/S
7.1.12 Johnson Controls International PLC
7.1.13 Arista Networks
7.1.14 Caverion Corporation
7.1.15 NetApp Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Sweden Data Center Construction 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. Under data center construction, we are tracking the capital expenditure that was incurred while building the existing data center facilities and also estimating the future capex based on upcoming data center facilities.
The Sweden Data Center Construction Market is segmented by Tier Type (Tier 1 and 2, Tier 3, and Tier 4), by Data Center Size (Small, Medium, Large, Massive, and Mega), by Infrastructure (Cooling Infrastructure (Air-based Cooling, Liquid-based Cooling, Evaporative Cooling), Power Infrastructure (UPS Systems, Generators, Power Distribution Unit (PDU), Racks and Cabinets, Servers, Networking Equipment, Physical Security Infrastructure, Design and Consulting Services, and Other Infrastructure), and End User ( IT & Telecommunication, BFSI, Government, Healthcare, and Other End User). The market sizes and forecasts are provided in values of USD for all the above segments
| Tier Type | |
| Tier 1 and 2 | |
| Tier 3 | |
| Tier 4 |
| Data Center Size | |
| Small | |
| Medium | |
| Large | |
| Mega | |
| Massive |
| Infrastructure | |||||
| |||||
| |||||
| Racks and Cabinets | |||||
| Servers | |||||
| Networking Equipment | |||||
| Physical Security Infrastructure | |||||
| Design and Consulting Services | |||||
| Other Infrastructure |
| End-User | |
| IT & Telecommunication | |
| BFSI | |
| Government | |
| Healthcare | |
| Other End User |
Frequently Asked Questions
What is the current Sweden Data Center Construction Market size?
The Sweden Data Center Construction Market is projected to register a CAGR of 5.89% during the forecast period (2024-2029)
Who are the key players in Sweden Data Center Construction Market ?
Dornan(Engineering Works), Kirby Group Engineering, Coromatic AB Sweden, ALFA LAVAL and AECOM are the major companies operating in the Sweden Data Center Construction Market .
What years does this Sweden Data Center Construction Market cover?
The report covers the Sweden Data Center Construction Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sweden Data Center Construction Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sweden Data Center Construction Market Industry Report
Statistics for the 2024 Sweden Data Center Construction market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sweden Data Center Construction 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.
