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Norway data center market to grow 28.3% CAGR by 2031, driven by renewable energy and AI tech adoption

Market News
19 May 2026
Researchandmarkets.Com
View Source
Bullish
pluang ai news

Norway's data center market is projected to grow at a 28.3% CAGR from 2025 to 2031, becoming a key Nordic hub with around 30 facilities mainly in Oslo. Major providers like Green Mountain and Bulk Infrastructure are expanding capacity and adopting renewable energy and AI-efficient racks to support high-density workloads. The market is also seeing increased demand for wholesale colocation services due to cloud adoption. Significant investments are planned in IT, power, and cooling infrastructure, with new submarine cables enhancing connectivity to Europe.

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