Data Center Market in Norway 2022 - Industry Briefing
A data center stores and shares applications and data. It comprises components that include switches, storage systems, servers, routers, and security devices. In 2021, the data center market in Norway stood at USD 908 million. Recording a CAGR of 7.1% from 2022 to 2028, the worth is projected to reach ~USD 1,468 million by 2028, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the Norway market, followed by a detailed analysis of the infrastructure type. The Norway market data on data center can be segmented by infrastructure type: IT infrastructure (server, storage, network), support infrastructure (electrical infrastructure, mechanical infrastructure, general construction). The IT infrastructure segment held the largest share of the Norway data center market in 2021 and is anticipated to hold its share during the forecast period.
The electrical infrastructure market is further segmented into generators, power distribution units (PDUs), transfer switches & switchgear, uninterruptible power supply (UPS) systems, others. In 2021, the UPS segment made up the largest share of revenue generated by the data center market. Furthermore, the mechanical infrastructure market has been categorized into cooling systems, racks, others. Among these, the cooling systems segment was accounted for the highest revenue generator in 2021. The general construction market is further divided into core & shell development, engineering & building design, fire detection & suppression systems, installation & commissioning services, physical security, others.
The Norway data center market is highly competitive. The key players in the data center market include ABB Ltd., Amazon Web Services Inc., Caterpillar Inc., Cisco Systems Inc., Dell Technologies Inc., Delta Electronics Inc., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corporation (IBM), NetApp Inc., The Hewlett Packard Enterprise Company, Vertiv Holdings Co.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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