New research by BroadGroup suggests
that investment in the data centre 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.
About
BroadGroup
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.