Industry: ICT & Media | Publish Date: 05-Nov-2024 | No of Pages: 98 | No. of Tables: 78 | No. of Figures: 43 | Format: PDF | Report Code : IC2427
The Denmark Data Center Market size was valued at USD 3.26 billion in 2023, and is predicted to reach USD 10.31 billion by 2030, at a CAGR of 17.9% from 2024 to 2030. The data center market, also known as the network infrastructure market, encompasses the entire lifecycle of specialized infrastructure dedicated to hosting computing systems, including planning, construction, operation, and maintenance. It comprises a variety of components such as servers, storage systems, and networking gear, offering services such as cloud computing and connectivity solutions. Currently, the industry is experiencing widespread adoption of cloud services, alongside the emergence of edge computing to reduce latency.
Key trends include a focus on sustainability, heightened concerns about cybersecurity, the integration of hybrid and multi-cloud approaches, and the influence of 5G networks. These trends highlight the industry's response to the growing demand for scalable, efficient, and secure data processing and storage solutions in the era of digital transformation. According to the United States International Trade Commission, the data processing and storage market is projected to grow from USD 56 billion in 2020 to USD 90 billion by 2025.
Denmark's advanced digitalization and consistent demand for cutting-edge software and IT products create an ideal environment for the data center market to flourish. Ranked third among 130 economies in the World Economic Forum's "Network Readiness Index" in 2021, Denmark demonstrates a conducive setting for developing and expanding digital infrastructure. This favorable landscape propels the progress of the network infrastructure sector, attracting investments and fostering innovation to meet growing digital demands.
Denmark's commitment to achieving net-zero carbon emissions catalyses collaboration among prominent industry players to accelerate the green transition of data centers, propelling market growth. Notable collaborations, such as Danfoss, Google, Microsoft, and Schneider Electric's joint initiative on the net zero innovation hub for network Infrastructure centers in Denmark, underscore a shared dedication to sustainability and energy efficiency. By emphasizing renewable energy and the transformative role of cloud computing in driving digital and green initiatives, this collaborative effort reinforces Denmark's position as a leader in sustainable network infrastructure practices within the European sector.
The data center industry faces formidable challenges, primarily attributed to the substantial initial investment required and stringent environmental regulations. Establishing and maintaining network infrastructure demands significant upfront financial commitments, creating obstacles for smaller enterprises and startups seeking entry into the market. Additionally, ongoing compliance with environmental standards mandates continuous investment in energy-efficient technologies hinders the overall Denmark data center market growth.
The integration of edge computing into Denmark data center market trends presents promising prospects for the industry's expansion. By minimizing latency and facilitating real-time processing, edge computing empowers applications such as the Internet of Things (IoT) and Augmented Reality (AR), alleviating the burden on centralized cloud data centers while providing scalability and flexibility.
This decentralized approach not only enhances security by processing sensitive data locally but also aligns with evolving digital landscapes, paving the way for diverse opportunities for network infrastructure providers. Recent investments in startups such as Armada signify the escalating interest in edge computing solutions, signalling a concerted effort to address connectivity challenges and bridge the digital divide.
The key market players operating in the Denmark data center industry include Digital Realty, STACK INFRASTRUCTURE, Google, Meta, Inc., Prime Data Centers, AtlasEdge Data Centres, Apple Inc., DigiPlex and others.
Colocation
Hyperscale
Edge
Others
On-Premises
Cloud
Hybrid
Large Enterprise
Small and Medium Size Enterprise
BFSI
IT and Telecom
Government
Energy and Utilities
Other End Users
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 3.26 Billion |
Revenue Forecast in 2030 |
USD 10.31 Billion |
Growth Rate |
CAGR of 17.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
Digital Realty
STACK INFRASTRUCTURE
Meta, Inc.
Prime Data Centers
AtlasEdge Data Centres
Apple Inc.
DigiPlex