Norway Data Center Colocation Market Revenue On Track To Exceed USD 1.45 Billion By 2030 Arizton

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"Norway Data Center Colocation Market Report by Arizton"Insights on 44 Colocation Data Center Facilities across Norway

According to Arizton research, the Norway data center colocation market size was valued at USD 366 million in 2024 and is expected to reach USD 1.45 billion by 2030, growing at a CAGR of 25.86% during the forecast period.

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Report Summary:

MARKET SIZE - COLOCATION REVENUE: USD 1.45 billion (2030)

CAGR - COLOCATION REVENUE: 25.86% (2024-2030)

MARKET SIZE - UTILIZED WHITE FLOOR AREA: 4.13 million sq. feet (2030)

MARKET SIZE - UTILIZED RACKS: 80.405 thousand units (2030)

MARKET SIZE - UTILIZED IT POWER CAPACITY: 1,010 MW (2030)

BASE YEAR: 2024

FORECAST YEAR: 2025-2030

Norway : Data Centers Evolve to Meet High-Performance Demands

Norway is rapidly embracing Artificial Intelligence (AI) across industries, driven by advancements in cloud computing, big data analytics, and automation. The country is actively promoting AI-ready data centers and implementing national AI strategies to fuel adoption across sectors. In August 2025, Terakraft AS partnered with AI chip manufacturer Neurophos to develop cutting-edge AI infrastructure at its Hellandsbygd data center. Earlier in March 2025, Telenor launched Norway's first AI factory powered by Nvidia GPUs, ensuring secure processing of sensitive data. As AI workloads grow, the demand for servers with higher computing power is increasing, driving the need for high rack density and advanced cooling solutions such as liquid immersion cooling, boosting the market for innovative data center technologies.

Why Norway Emerges as a Prime Destination for Colocation Investments

• Skilled and Stable Workforce – Norway's employment rate reached 70% in June 2025, supporting a skilled labor pool and a low unemployment rate of 5.4%, making it attractive for colocation investment.
• Digitally Skilled Population – With 96.5% of Norwegians possessing basic digital skills and strong female representation in STEM roles, the country offers a tech-ready workforce.
• Enhanced Connectivity – Norway's 14 existing undersea cables, along with three new submarine projects connecting Denmark, Germany, the Netherlands, the UK, and Sweden, strengthen the nation's global data network.
• Strict Data Compliance – The Personal Data Act, aligned with GDPR, enforces rigorous data localization, driving confidence and boosting data center investments.

IoT and data are shaping Norway's growth, connectivity, and new investments.

Norway is embracing digital change, using tools like big data and the Internet of Things (IoT) to improve industries such as finance, retail, manufacturing, and smart cities. These technologies help companies make quicker decisions, work more efficiently, and keep systems secure. At the same time, strong digital infrastructure and clear regulations are creating a safe and supportive environment for businesses and citizens alike. The growing use of IoT and data-driven solutions is attracting new investments and helping the country build a more connected, productive future. For instance, In September 2024, Intellectsoft guided Norwegian companies with smart software solutions, while satellite company Iridium introduced IoT and direct-to-device services to expand connectivity nationwide.

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Vendor Landscape

Existing Colocation Operators

• Green Mountain AS - Data centres
• STACK Infrastructure
• Nscale
• Bulk Infrastructure
• AQ Compute (hscale)
• Blix Solutions AS
• Lefdal Mine Data Centers
• Orange Business (Basefarm)
• Terakraft AS
• Telia
• ITsjefen AS
• ASP Data Center
• Others

New Operators

• GreenScale Data Centres
• OpenAI & Nscale
• Bitzero Blockchain
• Polar
• Telenor, Hafslund, HitecVision (Skygard)
• WS Computing AS
• DDN & Polarise
• Keysource + Namsos Datasenter

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What Key Findings Will Our Research Analysis Reveal?

• Who are the new entrants in the Norway data center market?
• What is the count of existing and upcoming colocation data center facilities in Norway?
• What factors are driving the Norway data center colocation market?
• How much MW of IT power capacity is likely to be utilized in Norway by 2030?

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