Study Period | 2019 - 2031 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2031 |
Market Size (2025) | USD 3.04 Billion |
Market Size (2031) | USD 9.77 Billion |
CAGR (2025 - 2031) | 21.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Norway Data Center Construction Market Analysis
The Norway Data Center Construction Market size is estimated at USD 3.04 billion in 2025, and is expected to reach USD 9.77 billion by 2031, at a CAGR of 21.5% during the forecast period (2025-2031).
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Norway data center construction market is expected to reach around 1794.8 MW by 2030.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to exceed 39,00000 million sq. ft. by 2030.
- Planned Racks: The number of racks to be installed is expected to reach more than 19,0000 million units by 2030.
- Planned Submarine Cables: More than 12 submarine cable systems connect Norway; many are under construction.
Norway Data Center Construction Market Trends
Tier 3 data center accounted for majority share in 2023
- The Norway data center construction market is witnessing steady growth, prompting service providers to align with Tier 3 standards, leading to the establishing of Tier 3 colocation facilities across the country. By 2023, Norway had over 20 Tier 3 data center facilities, with more than 10 data centers under construction, all slated to achieve Tier 3 certifications.
- In the upcoming years, tier 1 and 2 facilities are expected to experience a slowdown, with some even showing less growth. This trend is primarily due to extended and sporadic outages. These facilities rely on a single channel for cooling and electricity, with an estimated uptime of 99.671%. While they are more cost-effective than their tier 3 and 4 counterparts, their limited capabilities steer end-users toward opting for the more advanced tier 3 and 4 facilities.
- Tier 3 data centers have advanced infrastructure facilities and offer additional features such as remote assistance, disaster recovery, lower downtime, and low latency; therefore, large enterprises like content-oriented companies prefer using these data centers. Tier 3 facilities are expected to dominate the market during the forecast period.
- With digitization on the rise, tier 3 data centers are poised for substantial growth in the coming years. Growing awareness among countries to increase sustainability practices and offer their citizens a better quality of life has led to the rise of smart cities in Norway. Evolving smart cities have led to increased data consumption, promoting tier 3 data centers in addition to using smart devices for streaming, playing games, transactions, online food ordering, home security, and lighting.
- Factors such as companies trying to offer high-quality content, high graphics for online gaming, and a rising number of online shopping and digital payments users are expected to trigger the growth of tier 3 data centers in Norway.
IT and Telecommunications to hold significant market share in 2023
- Leading global cloud service providers such as IBM, AWS, Google, and Microsoft Azure have solidified their positions in Norway's data center market. This move underscores their dedication to meeting the dynamic demands of businesses and guaranteeing top-notch accessibility, performance, and reliability for cloud solutions.
- In February 2024, Google broke ground on its inaugural data center campus in Skien, Norway, committing a substantial USD 646.4 million to the project. This move underscores Norway's allure to tech giants and signals Google's strategic investment in the region.
- In February 2024, NexGen Cloud and AQ Compute announced plans to launch an "AI Supercloud" with a net-zero carbon footprint. This cutting-edge cloud will be housed in a data center in Oslo, Norway.
- In 2022, Microsoft announced investments in two cloud regions. In 2019, Microsoft Azure became available from a new cloud data center region in Norway, a significant achievement as the first global cloud provider to offer enterprise-grade services in the country. These new regions underscore our commitment to fostering digital transformation and propelling advancements in intelligent cloud and edge computing technologies, benefiting both commercial and public sectors. Such initiatives are pivotal in fueling the growth of the IT and Telecom segment within the data center construction market.
- However, driven by escalating business needs, companies increasingly turn to infrastructure services that can handle data traffic fluctuations, ensuring seamless customer service with minimal downtime. Consequently, many firms are shifting from traditional system infrastructures to cloud-based solutions, a trend set to surge in the coming years.
Norway Data Center Construction Industry Overview
The Norway data center construction market features key players like Skanska AB, Rider Levett Bucknall, and Coromatic AB, leading to a slightly fragmented landscape. Notably, major data center corporations are intensifying their investments in Norway, primarily focusing on expanding and building new facilities. This uptick in investments directly correlates with the growing demand for advanced data processing and storage capabilities. For instance,
- February 2024: Skanska, a construction company, secured a SEK 1.1 billion (USD 105 million) contract to undertake preliminary groundwork and foundation construction for a hyperscale data center in Gromstul, Skien, Norway, on behalf of WS Computing AS. The scope of work encompasses the foundational aspects and the construction of new access roads, infrastructure, and overall site development. The project, commencing right away, is slated for completion by the fourth quarter of 2025.
- March 2023: TikTok, a social media platform, announced its plans to utilize a data center in Norway, boasting a substantial capacity of 150MW. This data center, located at the OSL2-Hamar site and developed by Green Mountain, would comprise five buildings, each capable of handling 30MW. TikTok has already inked a deal for the first phase, securing three buildings with a combined capacity of 90MW, which were set to be operational by November 2023. Furthermore, TikTok retains the flexibility to expand its capacity to the full 150MW by 2025.
Norway Data Center Construction Market Leaders
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Skanska AB
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Coromatic AB
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COWI A/S
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CTS Nordics
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Rider Levett Bucknall
- *Disclaimer: Major Players sorted in no particular order
Norway Data Center Construction Market News
- March 2024: Telenor, Hafslund, and HitecVision revealed a joint investment of NOK 2.4 billion in an Oslo data center. The inaugural data center was slated for construction in Hovinbyen, Oslo, with groundbreaking set for March 2024. Telenor Norway leads the initiative as the anchor customer, while Skygard actively engages with multiple prospective clients.
- January 2024: Bulk initiated the construction of a 42MW data center at the N01 Data Center Campus in Kristiansand, southern Norway. This new facility is expected to feature advanced cooling technologies, including air and direct liquid cooling, with capacities exceeding 100kW per rack.
Norway Data Center Construction Industry Segmentation
Data center construction combines physical processes used to construct a data center facility. It chains construction standards with data center operational environment requirements.
The Norway Data Center Construction Market is segmented (by Infrastructure (Electrical Infrastructure (Power Distribution Solution(PDU, Transfer Switches, Switchgear, Power Panels and Components, others)), Power Back-up Solution (UPS, Generators), Service – Design and Consulting, Integration, Support and Maintenance)), (Mechanical Infrastructure (Cooling Systems (Immersion Cooling, Direct-to-Chip Cooling, Rear Door Heat Exchanger, In-Row and In-Rack Cooling)), Racks, Other Mechanical Infrastructure)), General Construction)), by Tier Type (Tier 1 and 2, Tier 3, and Tier 4), and by End User (Banking, Financial Services and Insurance, IT and Telecommunications, Government and Defense, Healthcare, and Other End-users). The market sizes and forecasts are in USD values for all the above segments.
Market Segmentation | By Infrastructure | By Electrical Infrastructure | Power Distribution Solution | PDU - Basic & Smart - Metered & Switched solutions | |
Transfer Switches | Static | ||||
Automatic (ATS) | |||||
Switchgear | Low-Voltage | ||||
Medium-Voltage | |||||
Power Panels and Components | |||||
Others | |||||
Market Segmentation | By Infrastructure | By Electrical Infrastructure | Power Back up Solutions | UPS | |
Generators | |||||
Market Segmentation | By Infrastructure | By Electrical Infrastructure | Service - Design & Consulting, Integration, Support & Maintenance | ||
Market Segmentation | By Infrastructure | By Mechanical Infrastructure | Cooling Systems | Immersion Cooling | |
Direct-To-Chip Cooling | |||||
Rear Door Heat Exchanger | |||||
In-Row and In-Rack Cooling | |||||
Market Segmentation | By Infrastructure | By Mechanical Infrastructure | Racks | ||
Other Mechanical Infrastructure | |||||
Market Segmentation | By Infrastructure | General Construction | |||
Market Segmentation | By Tier Type | Tier-I and ?II | |||
Tier-III | |||||
Tier-IV | |||||
Market Segmentation | By End User | Banking, Financial Services, and Insurance | |||
IT and Telecommunications | |||||
Government and Defense | |||||
Healthcare | |||||
Other End Users |
Norway Data Center Construction Market Research Faqs
How big is the Norway Data Center Construction Market?
The Norway Data Center Construction Market size is expected to reach USD 3.04 billion in 2025 and grow at a CAGR of 21.5% to reach USD 9.77 billion by 2031.
What is the current Norway Data Center Construction Market size?
In 2025, the Norway Data Center Construction Market size is expected to reach USD 3.04 billion.
Who are the key players in Norway Data Center Construction Market?
Skanska AB, Coromatic AB, COWI A/S, CTS Nordics and Rider Levett Bucknall are the major companies operating in the Norway Data Center Construction Market.
What years does this Norway Data Center Construction Market cover, and what was the market size in 2024?
In 2024, the Norway Data Center Construction Market size was estimated at USD 2.39 billion. The report covers the Norway Data Center Construction Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Norway Data Center Construction Market size for years: 2025, 2026, 2027, 2028, 2029, 2030 and 2031.
Norway Data Center Construction Industry Report
Statistics for the 2025 Norway Data Center Construction market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Norway Data Center Construction analysis includes a market forecast outlook for 2025 to 2031 and historical overview. Get a sample of this industry analysis as a free report PDF download.