Market Growth: Norway's data center colocation market is projected to grow at a CAGR of 25.86% from 2024 to 2030, driven by factors such as increased demand for AI applications, cloud computing, and government support.
Infrastructure and Investment: The country has around 30 operational data centers, with Oslo leading in absorption rates. Significant investments are being made to enhance IT power capacities, including collaborations for expanding facilities.
Sustainability Initiatives: Data center operators in Norway are adopting advanced cooling technologies and sustainability practices, such as using renewable energy and eco-friendly materials, aligning with national greenhouse gas reduction goals.
Regulatory Environment: Norway's data regulation acts, including the Personal Data Act, enhance customer confidence in data security, encouraging the growth of third-party data centers and the entry of new operators in the market.
