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20 November 2018, Copenhagen

Datacloud Nordic 2018

There’s a Great Deal Going On

NORDIC DATA CENTRE INVESTMENT TIPS TOWARDS USD 7 BILLION MARK AND FORECASTS MORE TO COME

London/Copenhagen – 19 November 2018 – The Nordic data centre market is now heading towards the USD7 billion mark in total investments made from a mix of M&A activity, hyperscale build out and expansion by third party players.

Research for the report, Data Centres Nordic & Baltic IV, by BroadGroup, also suggests that land availability covering thousands of hectacres, an estimated 4775 MW of available renewable power in total across the 5 Nordic markets, new data centre investment and the new eco systems they attract, could potentially see the emergence of a global content hub.

Furthermore, the mooted development of the Northwestern Passage cable across the Arctic could represent a gamechanger for the region when digital traffic between Europe and Asia is expected to triple over the next three to five years.

In highlighting these developments, the report has assessed both international and domestic fibre development, data centre operations by third party players, international data centre activity in the region and forecast both capacity m2 and power MW to the end of 2019.

An analysis is provided of investment in the region and details third party expansion by player.

“We commented in the previous Nordic report about how significant the region is becoming and in the purview of China’s “one belt one road” strategy. Now, with sustained investment, vast renewable power availability and strong connectivity to Europe, Asia and the US, the region is beginning to emerge as a potential major strategic geography for global content,” commented Philip Low, chairman of BroadGroup.

The report covers the five Nordic markets of Denmark, Iceland, Finland, Norway and Sweden as well as the Baltic states of Estonia, Latvia and Lithuania. Now in its fourth edition it is widely regarded as a standard text for investors in the sector.