The Finland data center market is expected to grow at a CAGR of 53.6% from 2024 to 2030.
KEY HIGHLIGHTS
Finland’s cold climate, with average annual temperatures falling below 6°C, offers ideal conditions for natural free cooling in data centers, significantly reducing energy consumption for cooling infrastructure.
The Finnish government aims for carbon neutrality by 2035, supported by national strategies focused on clean energy, digitalization, and circular economy practices, with substantial investments in low-carbon technologies and sustainable infrastructure.
The number of facilities is increasing in the Finland data center market, particularly in Helsinki, Espoo, and Tampere. This is estimated to witness immense growth. The country is one of the developing and emerging markets for data center development in the Nordics. Over 90% of buildings in Helsinki are connected to district heating, making it one of Europe’s most advanced urban heating networks. The city continues to expand its reach and integrate renewable and recycled energy sources, including data center heat.
About 40%–48% of Finland’s energy mix comes from renewables (wind, hydro, bioenergy), with the growing wind and nuclear energy sources complementing district heating, making low-carbon power widely accessible. As of Q1 2025, the average industrial electricity price ranged between $0.17 to $0.19 per kWh.
SEGMENTATION ANALYSIS
IT Infrastructure
Server Infrastructure
Storage Infrastructure
Network Infrastructure
Electrical Infrastructure
UPS Systems
Generators
Transfer Switches & Switchgears
PDUs
Other Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Rack Cabinets
Other Mechanical Infrastructure
Cooling Systems
CRAC and CRAH Units
Chillers Units
Cooling Towers, Condensers, and Dry Coolers
Other Cooling Units
General Construction
Core & Shell Development
Installation & Commissioning Services
Building & Engineering Design
Fire Detection & Suppression Systems
Physical Security
Data Center Infrastructure Management (DCIM)
Tier Standard
Tier I & Tier II
Tier III
Tier IV
WHY SHOULD YOU BUY THIS RESEARCH?
Market size available in the investment area, power capacity, and the Finland colocation market revenue.
Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
A detailed study of the existing Finland data center market landscape, an in-depth market analysis, and insightful predictions about the Finland data center market size during the forecast period.
Snapshot of existing and upcoming third-party data center facilities in Finland
Facilities Covered (Existing): 20
Facilities Identified (Upcoming): 04
Coverage: 6+ Locations
Existing vs. Upcoming (Data Center Area)
Existing vs. Upcoming (IT Load Capacity)
Data center colocation market in Finland
Colocation Market Revenue & Forecast (2021-2030)
Wholesale vs. Retail Colocation Revenue (2021-2030)
Retail Colocation Pricing
Wholesale Colocation Pricing
The Finland data center landscape market investments are classified into IT, power, cooling, and general construction services, with sizing and forecast.
A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
A transparent research methodology and the analysis of the demand and supply aspects of the industry.
FINLAND DATA CENTER MARKET VENDOR LANDSCAPE
The Finland data center market is defined by a mix of global operators and local developers. Major international firms, such as Equinix, Google, and Verne Global, maintain significant operations in the country. Furthermore, local players, including Elisa, Herman IT, and Telia Finland, are investing heavily in energy-efficient and sustainable facilities.
New entrants and venture-backed developers have been looking to capitalize on Finland’s green energy, cold climate, and advanced fiber infrastructure. The financial and public sectors of Finland are expected to embrace quicker digital transformation, with the completion of the construction of Microsoft’s data center in the southern region.
The Finland data center market has the presence of major cloud operators such as Google. Microsoft is planning to have three cloud regions in Helsinki, Finland. Microsoft is currently developing three data center facilities in Espoo, Vihti, and Kirkkonummi.
EXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the Region (Area and Power Capacity)
Helsinki
Other Cities
List of Upcoming Facilities in the Region (Area and Power Capacity)
Helsinki
Other Cities
IT Infrastructure Providers
Arista Networks
Atos
Dell Technologies
Extreme Networks
Hewlett Packard Enterprise
Huawei Technologies
IBM
Juniper Networks
NEC
Oracle
Data Center Construction Contractors & Sub-Contractors
AFRY
Destia Oy
Fluor Corporation
Granlund Group
Kirby Group Engineering
Olla Architecture
RED Engineering Design
Ramboll
Haskoning
Sundstrom
Winthrop Technologies
Bravida
Caverion
NCC
Sweco
Support Infrastructure Providers
ABB
Airedale
Caterpillar
Cummins
Delta Electronics
Eaton
HITEC Power Protection
Legrand
Rittal
Schneider Electric
STULZ
Trane
Vertiv
Data Center Investors
Elisa
Equinix
Google
Data Enter Oy
Telia Finland
Verne Global
New Entrants
atNorth
Borealis Data Center
Edgnex Data Centres By DAMAC
Microsoft
Polarnode
STORESPEED
KEY QUESTIONS ANSWERED:
1. How big is the Finland data center market?
2. What is the growth rate of the Finland data center market?
3. How much MW of power capacity will be added across Finland during 2025-2030?
4. What factors are driving the Finland data center market?
1. EXISTING & UPCOMING THIRD-PARTY DATA CENTERS IN FINLAND
1.1. Historical Market Scenario
1.2. 20 Unique Data Center Properties
1.3. Data Center IT Load Capacity
1.4. Data Center White Floor Area Space
1.5. Existing vs Upcoming Data Center Capacity by Cities
1.6. Locations Covered
1.6.1. Helsinki
1.6.2. Other Cities
1.7. List of Upcoming Data Center Projects
2. INVESTMENT OPPORTUNITIES IN FINLAND
2.1. Microeconomic & Macroeconomic Factors for The Finland Market
2.2. Impact of The Ongoing Tariff War
2.3. Investment Opportunities in Finland
2.4. Digital Data in Finland
2.5. Investment by Area
2.6. Investment by Power Capacity
3. DATA CENTER COLOCATION MARKET IN FINLAND
3.1. Colocation Services Market in Finland
3.2. Retail vs Wholesale Data Center Colocation
3.3. Digital Landscape in Finland
3.4. Retail vs Wholesale Colocation Pricing (Quarter Rack, Half Rack, and Full Rack) & Add-ons