Norway Data Center Construction Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2031)

The Norway Data Center Construction Market Report 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 & Consulting, Integration, Support & 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)

Norway Data Center Construction Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2031)

Norway Data Center Construction Market Size

Norway Data Center Construction Market Summary
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

Norway Data Center Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

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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 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

  1. Skanska AB

  2. Coromatic AB

  3. COWI A/S

  4. CTS Nordics

  5. Rider Levett Bucknall

  6. *Disclaimer: Major Players sorted in no particular order
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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 Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions And Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Research Framework
  • 2.2 Secondary Research
  • 2.3 Primary Research
  • 2.4 Data Triangulation and Insight Generation

3. EXECUTIVE SUMMARY

4. MARKET INSIGHT

  • 4.1 Market Overview
  • 4.2 Market Dynamics
    • 4.2.1 Market Drivers
    • 4.2.1.1 Government Initiatives, Tax Incentives, and a Supportive Regulatory Framework To Drive Market Growth
    • 4.2.1.2 Growing Data Center Investments by Market Players
    • 4.2.2 Market Restraints
    • 4.2.2.1 Heat Generation by the Data Centers Are Hindering Market Growth
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitutes
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Key United States Data Center Construction Statistics
    • 4.4.1 Number of Data Centers In Norway, 2022 And 2023
    • 4.4.2 Data Center Under Construction in Norway, In Mw, 2024 ? 2029
    • 4.4.3 Average Capex and Opex For Norway Data Center Construction
    • 4.4.4 Data Center Power Capacity Absorption In MW, Selected Cities, Norway, 2022 and 2023
    • 4.4.5 The top CAPEX spenders on Data center infrastructure in Norway

5. MARKET SEGMENTATION

  • 5.1 Market Segmentation
    • 5.1.1 By Infrastructure
    • 5.1.1.1 By Electrical Infrastructure
    • 5.1.1.1.1 Power Distribution Solution
    • 5.1.1.1.1.1 PDU - Basic & Smart - Metered & Switched solutions
    • 5.1.1.1.1.2 Transfer Switches
    • 5.1.1.1.1.2.1 Static
    • 5.1.1.1.1.2.2 Automatic (ATS)
    • 5.1.1.1.1.3 Switchgear
    • 5.1.1.1.1.3.1 Low-Voltage
    • 5.1.1.1.1.3.2 Medium-Voltage
    • 5.1.1.1.1.4 Power Panels and Components
    • 5.1.1.1.1.5 Others
    • 5.1.1.1.2 Power Back up Solutions
    • 5.1.1.1.2.1 UPS
    • 5.1.1.1.2.2 Generators
    • 5.1.1.1.3 Service - Design & Consulting, Integration, Support & Maintenance
    • 5.1.1.2 By Mechanical Infrastructure
    • 5.1.1.2.1 Cooling Systems
    • 5.1.1.2.1.1 Immersion Cooling
    • 5.1.1.2.1.2 Direct-To-Chip Cooling
    • 5.1.1.2.1.3 Rear Door Heat Exchanger
    • 5.1.1.2.1.4 In-Row and In-Rack Cooling
    • 5.1.1.2.2 Racks
    • 5.1.1.2.3 Other Mechanical Infrastructure
    • 5.1.1.3 General Construction
    • 5.1.2 By Tier Type
    • 5.1.2.1 Tier-I and ?II
    • 5.1.2.2 Tier-III
    • 5.1.2.3 Tier-IV
    • 5.1.3 By End User
    • 5.1.3.1 Banking, Financial Services, and Insurance
    • 5.1.3.2 IT and Telecommunications
    • 5.1.3.3 Government and Defense
    • 5.1.3.4 Healthcare
    • 5.1.3.5 Other End Users

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Skanska AB
    • 6.2.2 Coromatic AB
    • 6.2.3 COWI A/S
    • 6.2.4 CTS Nordics
    • 6.2.5 Rider Levett Bucknall
    • 6.2.6 Designer Group
    • 6.2.7 Keysource Group
    • 6.2.8 Olaris AS
    • 6.2.9 HDR, Inc.
    • 6.2.10 Mecwide Group
  • *List Not Exhaustive

7. INVESTMENTS ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

9. ABOUT US

  • 9.1 Industries Covered
  • 9.2 Illustrative List of Clients in the Industry
  • 9.3 Our Customized Research Capabilities
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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
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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.

Norway Data Center Construction Market Report Snapshots