logo

Sweden Data Center Rack Market Size (2024 - 2029)

The Sweden Data Center Rack Market is experiencing growth driven by the increasing demand for cloud computing among small and medium-sized enterprises, government regulations for local data security, and rising investments by domestic players. This growth is reflected in the market's expansion in terms of IT load capacity, raised floor space, and the number of racks planned for installation, with Stockholm anticipated to accommodate the majority. Additionally, the development of submarine cable systems is enhancing connectivity, further supporting the market's expansion.

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

Market Size of Sweden Data Center Rack Industry

Sweden Data Center Rack Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
Historical Data Period 2019 - 2022
CAGR (2024 - 2030) 5.70 %
Market Concentration High

Major Players

Sweden Data Center Rack Market Major Players

*Disclaimer: Major Players sorted in no particular order

Sweden Data Center Rack Market Analysis

The Sweden Data Center Rack Market is expected to register a CAGR of 5.70% during the forecast period.

The Swedish Data Center Rack Market reached a volume of around 62,000 in the previous year, and it is further projected to register a CAGR of 5.7% during the forecast period. 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.

  • Under Construction IT Load Capacity: The upcoming IT load capacity of the Sweden data center market is expected to reach more than 400 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 1.7 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach above 87,000 units by 2029. Stockholm is expected to house the maximum number of racks by 2029.
  • Planned Submarine Cables: There are close to 26 submarine cable systems connecting Sweden, and many are under construction.

Sweden Data Center Rack Industry Segmentation

A data center rack is a physical enclosure made up of usually steel housing electronic framework. It is designed to house servers, networking and communication devices, cables, and other data center computing peripherals.

Sweden's Data Center Rack Market is segmented by rack size (quarter rack, half rack, full rack) and by end user (IT & telecommunication, BFSI, government, and media & entertainment). The market sizes and forecasts are provided in terms of volume (units) for all the above segments.

By Rack Size
Quarter Rack
Half Rack
Full Rack
By End User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End Users
Need A Different Region Or Segment?
Customize Now

Sweden Data Center Rack Market Size Summary

The Sweden Data Center Rack Market is experiencing significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from domestic players. The market is characterized by a robust expansion in IT load capacity and raised floor space, with Stockholm anticipated to host the majority of the data center racks. The proliferation of submarine cable systems further enhances Sweden's connectivity, supporting the burgeoning e-commerce sector, which is a major consumer of data processing devices. The shift towards full-rack data center infrastructure is notable, as businesses seek to manage the vast amounts of data generated daily, fueled by the rise of big data analytics and cloud computing. This trend is further amplified by the growing need for technology services and the increasing adoption of high-density applications across various sectors, including online banking, IT, telecommunications, media, and entertainment.

The market landscape is moderately competitive, with key players like Black Box Corporation, Eaton Corporation, Hewlett Packard Enterprise, ENOC SYSTEM AB, and Schneider Electric SE holding significant market shares. These companies are actively expanding their global presence to capture a larger customer base. The entry of hyperscale cloud providers such as Google, Microsoft, and Amazon into the Swedish market underscores the region's strategic importance. Initiatives like Google's planned cloud region in Sweden and the rise of digitalization investments by Swedish companies highlight the ongoing transformation in the data center sector. The focus on renewable energy, smart city developments, and the digital economy further propels the market forward. As the demand for data center racks continues to rise, driven by new delivery models like cloud computing, big data, and IoT, the market is poised for sustained growth in the coming years.

Explore More

Sweden Data Center Rack Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rapid adoption of E-Commerce in Sweden

      2. 1.2.2 Significant growth in Data generation

    3. 1.3 Market Restraints

      1. 1.3.1 Increasing number of Data Security Breaches

      2. 1.3.2 Stringent data security Law

    4. 1.4 Value Chain / Supply Chain Analysis

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

      1. 1.5.1 Bargaining Power of Buyers/Consumers

      2. 1.5.2 Bargaining Power of Suppliers

      3. 1.5.3 Threat of New Entrants

      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 Rack Size

      1. 2.1.1 Quarter Rack

      2. 2.1.2 Half Rack

      3. 2.1.3 Full Rack

    2. 2.2 By 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 Rack Market Size FAQs

The Sweden Data Center Rack Market is projected to register a CAGR of 5.70% during the forecast period (2024-2030)

Black Box Corporation, Eaton Corporation, Hewlett Packard Enterprise (HPE), ENOC SYSTEM AB and Schneider Electric SE are the major companies operating in the Sweden Data Center Rack Market.

Sweden Data Center Rack Market Report Snapshots

Sweden Data Center Rack Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)