Denmark Data Center Market Investment Analysis 2023-2028: Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards
DUBLIN, Feb. 6, 2024 /PRNewswire/ -- The "Denmark Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The Denmark data center market is expected to reach a value of $2.99 billion by 2028 from $1.74 billion in 2022, growing at a CAGR of 9.48% from 2022 to 2028
This report analyses the Denmark data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.
The Denmark data center market has emerged as a favored destination for data centers, primarily due to its unwavering commitment to sustainable initiatives. The country stood as a global leader, with 72% of its power mix coming from renewable energy sources, projected to reach 100% by 2027. Denmark's robust connectivity and low latency further bolstered its appeal as an ideal location for data center operators.
Denmark's government aims to establish the country as a leading Nordic and pan-European hub for data centers. This initiative is part of a broader digital industry and technology development plan for 2020-2030, involving collaboration with the private sector. The Danish government has implemented significant economic changes to encourage trade and investment, including abolishing price, interest rate, and exchange controls and eliminating specific import licenses.
Copenhagen and Odense are favorable locations for developing facilities in the Denmark data center market as they are Denmark's most connected locations and economic hubs. Locations like Viborg are upcoming data center hubs expected to grow during the forecast period. Special Economic Zones (SEZs) in Denmark are expected to attract investments in the data center sector. The Government of Denmark actively promotes SEZs to stimulate economic growth and provide favorable conditions for businesses, including data center operators.
Some critical investors in the Denmark data center market are Apple, Digital Realty, Meta (Facebook), GlobalConnect, Google, Microsoft, Penta Infra, Cibicom A/S, and STACK Infrastructure (DigiPlex). Telecom operators such as GlobalConnect, TDC NET, and TV 2 played an important role in connectivity across the country.
The migration of on-premises infrastructure to cloud/colocation by local enterprises will play a vital role in colocation revenue growth.
WHY SHULD YOU BUY THIS RESEARCH?
Investment Opportunities in Denmark
Data Center Colocation Market in Denmark
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
EXISTING VS. UPCOMING DATA CENTERS
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Research and Markets
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SOURCE Research and Markets