Finland regions

Finland Data Center Markets, 2017-2020 and 2021-2027: Increase in investment from international and local companies

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Dublin, Nov. 22, 2022 (GLOBE NEWSWIRE) — The report “Finland Data Center Market Outlook: Market Forecast By Types, By Verticals, By Regions And Competitive Landscape” has been added to from ResearchAndMarkets.com offer.

Finland Data Center Market Revenue Size is Expected to Grow at a CAGR of 30.1% during 2021-2027

The report provides an unbiased and detailed analysis of trends, opportunities, high growth areas, market drivers and ongoing company market share which would help stakeholders to design and align market strategies depending on the present and the future. market dynamics.

Synopsis of the Finnish data center market

The Finnish data center market witnessed significant growth in 2020 due to the explosion of the COVID-19 pandemic, which resulted in increased access to internet-related services, assisted by lockdowns and limitations to the national scale. During the pandemic, IoT-enabled devices have been widely used for tracking and surveillance, especially in the healthcare sector. Government agencies have also contributed to the expansion of cloud-based services across the country.

In addition, the allocation of 400 million euros to strengthen the digital sector by the Finnish government in 2018 represented the growth of data centers in the previous period. In 2020, due to pandemic, telehealth, e-learning, e-commerce, etc., the sectors have grown exponentially, which subsequently increased the data center market share in Finland.

The Finnish data center market is expected to grow rapidly over the forecast period owing to increased usage of IoT, big data analytics, artificial intelligence and rapid investments combined with deployment of 5G technology by companies across the country.

Additionally, cloud services are being adopted by enterprises in various industries including banking, financial services, insurance, IT & telecommunications, energy & utilities, media & entertainment, and manufacturing. , which is driving the growth of the Finland data center market. The adoption of these technologies would result in an increase in data volume and network bandwidth requirements, thereby driving growing demand for the data center market in Finland over the forecast period.

Market analysis by types

By types, cloud data center has dominated the Finland data center market for 2020 in recent years and the same trend is expected to continue in the future according to the forecast of Finland data center market owing to the ease of access to data, because companies have complete flexibility and freedom in processing data.

Moreover, increasing investment from international and local companies is driving the growth of cloud data center. For example, Amazon’s cloud services unit, Amazon Web Service, is expected to launch a new data center in 2022 and 2023 in Finland.

Market analysis by region

By regions, the South region garnered the majority revenue share for the year 2020, as more than 70% of data centers are present in the city i.e. Helsinki, which offers cable connectivity submarine. Submarine cable connectivity is a key advantage in the case of Helsinki, as it connects Finland to Germany, Central Europe and Western Europe, making it a prime location for hubs of data.

Report Highlights

  • Overview of the Finnish data center market

  • Finland Data Center Market Outlook

  • Finland Data Center Market Forecast

  • Data center market share in Finland

  • Finland data center market revenue historical data for the period 2017-2020

  • Market Size and Revenue Forecast of Finland Data Center Market to 2027

  • Finland data center market revenue historical data, by types for the period 2017-2020.

  • Market Size and Revenue Forecast of Finland Data Center Market, by Types to 2027

  • Finland data center market revenue historical data, by verticals for the period 2017-2020.

  • Market Size and Revenue Forecast of Finland Data Center Market, By Verticals to 2027

  • Finland data center market revenue historical data, by regions for the period 2017-2020.

  • Market Size and Revenue Forecast of Finland Data Center Market, By Region to 2027

  • Finland Data Center Market Drivers and Restraints

  • Data center market trends in Finland

  • Finland Data Center Market Industry Life Cycle

  • Porter’s Five Forces Analysis

  • Assessment of market opportunities

  • Finland Data Center Market Overview on Competitive Benchmarking

  • Main strategic recommendations

Key Report Attractiveness

  • Impact of COVID-19 on the market.

  • Market figures over 10 years.

  • Historical data from 2017 to 2020.

  • Reference year: 2020

  • Forecast data until 2027.

  • Key performance indicators impacting the market.

  • Main developments and upcoming projects.

Company Profiles

  • Digita Oy

  • Ficolo Ltd

  • Equinine Inc.

  • Telia Company AB

  • GléSYS

  • Microsoft Corporation

  • Google LLC

  • Amazon Inc.

Scope and market segmentation

By types

  • Enterprise data center

  • Managed data center

  • Colocation data center

  • Cloud data center

By vertical sectors

  • BFSI

  • Telecom & IT

  • Government

  • Health care

  • Education

  • Others (Retail, Energy)

By region

  • Northern region

  • Central region

  • Southern region

For more information about this report visit https://www.researchandmarkets.com/r/6tnpob

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