logo

Sweden Data Center Networking Market Size (2024 - 2029)

The Sweden Data Center Networking Market is projected to experience growth driven by the rising demand for cloud computing among small and medium-sized enterprises, adherence to government regulations for local data security, and increased investments by domestic players. The market's expansion is further supported by the need for enhanced data storage solutions, leading to a proliferation of data centers across the country. Energy efficiency has become a critical focus, as it constitutes a significant portion of operational costs, prompting key players to develop green standards for data centers. These factors collectively contribute to the anticipated growth in the market size over the forecast period.

Home Market Analysis Technology, Media and Telecom Research Information Technology Research Sweden Data Center Networking Market Market Size

Market Size of Sweden Data Center Networking Industry

Sweden Data Center Networking Market Summary
Study Period 2018 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 218.16 Million
Market Size (2029) USD 264.03 Million
CAGR (2024 - 2029) 3.89 %
Market Concentration Medium

Major Players

Sweden Data Center Networking Market Major Players

*Disclaimer: Major Players sorted in no particular order

Sweden Data Center Networking Market Analysis

The Sweden Data Center Networking Market size is estimated at USD 218.16 million in 2024, and is expected to reach USD 264.03 million by 2029, growing at a CAGR of 3.89% during the forecast period (2024-2029).

The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.

  • The IT load capacity of the Swedish data center market may grow steadily and reach 400 MW by 2029. The country's total raised floor area is expected to reach 1.2 million sq. ft by 2029.
  • The country's total number of installed racks is expected to reach 87,000 units by 2029. Stockholm may house the maximum number of racks by 2029. There are close to 26 submarine cable systems connecting Sweden, and many are under construction.
  • An increasing need for data storage has resulted in an upsurge in the number of data centers nationwide. Additionally, energy represents around 40% of the operational costs of a data center; it is also becoming increasingly important for data centers to focus on energy efficiency.
  • To improve energy efficiency as a cost-saving measure, key players focus on developing a green standard for data centers in Sweden, which results in increasing the demand for Infrastructure management. Hence, such factors are expected to drive market growth during the forecast period.

Sweden Data Center Networking Industry Segmentation

Data center networking refers to the set of technologies, protocols, and hardware used to connect physical and network-based devices and manage the network infrastructure, storage, and processing of applications and data. Data center networking is very critical for 100% uptime of data centers. In the current web-connected world, business workloads are executed on single computers, hence leading to the need for data center networking. Networks provide servers, clients, applications, and middleware with a standard plan to stage the execution of workloads and also to manage access to the data produced.

The Sweden data center networking market is segmented by component type (product (Ethernet switches, routers, storage area network (SAN), application delivery controller (ADC), and other networking equipment) and services (installation & integration, training & consulting, support & maintenance)), and end-user (IT & telecommunication, BFSI, government, and media & entertainment, and other end-users).

The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Component
By Product
Ethernet Switches
Router
Storage Area Network (SAN)
Application Delivery Controller (ADC)
Other Networking Equipment
By Services
Installation & Integration
Training & Consulting
Support & Maintenance
End-User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-Users
Need A Different Region Or Segment?
Customize Now

Sweden Data Center Networking Market Size Summary

The Sweden Data Center Networking Market is poised for steady growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and significant investments from local players. The market is characterized by a rising need for data storage, which has led to the proliferation of data centers across the country. Energy efficiency has become a critical focus, as energy costs constitute a substantial portion of operational expenses. This has prompted key industry players to develop green standards for data centers, thereby enhancing the demand for infrastructure management solutions. The cloud segment remains the primary driver of data center services, with telecom operators intensifying their investments in expanding 5G coverage, further fueling the need for high-computation facilities.

Ethernet switches are integral to the data center infrastructure in Sweden, facilitating efficient and secure communications among various digital services and applications. The country's commitment to sustainability and renewable energy adoption aligns with the use of these switches for energy-efficient practices. Sweden's high level of digital readiness, marked by significant internet usage and 5G adoption, underscores the growing demand for data centers and, consequently, Ethernet switches. Major market players, including Cisco Systems Inc., Arista Networks Inc., and VMware Inc., are actively enhancing their networking solutions to meet the evolving demands. Recent innovations, such as Cisco's Nexus 9800 Series modular switches and Arista Networks' WAN Routing System, highlight the industry's focus on scalability and modernized architecture, positioning the market for continued expansion in the coming years.

Explore More

Sweden Data Center Networking Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Demand of Clolud Computing Capabilities Drives the Market Growth

      2. 1.2.2 Adoption of Green Practices in Data Centers Drives the Market Growth

    3. 1.3 Market Restraints

      1. 1.3.1 Skilled Workforce Availability and Security Concerns

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Component

      1. 2.1.1 By Product

        1. 2.1.1.1 Ethernet Switches

        2. 2.1.1.2 Router

        3. 2.1.1.3 Storage Area Network (SAN)

        4. 2.1.1.4 Application Delivery Controller (ADC)

        5. 2.1.1.5 Other Networking Equipment

      2. 2.1.2 By Services

        1. 2.1.2.1 Installation & Integration

        2. 2.1.2.2 Training & Consulting

        3. 2.1.2.3 Support & Maintenance

    2. 2.2 End-User

      1. 2.2.1 IT & Telecommunication

      2. 2.2.2 BFSI

      3. 2.2.3 Government

      4. 2.2.4 Media & Entertainment

      5. 2.2.5 Other End-Users

Sweden Data Center Networking Market Size FAQs

The Sweden Data Center Networking Market size is expected to reach USD 218.16 million in 2024 and grow at a CAGR of 3.89% to reach USD 264.03 million by 2029.

In 2024, the Sweden Data Center Networking Market size is expected to reach USD 218.16 million.

Sweden Data Center Networking Market Report Snapshots

Sweden Data Center Networking Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)