Data Center - Finland

  • Finland
  • Revenue in the Data Center market is projected to reach US$1.44bn in 2024.
  • Network Infrastructure dominates the market with a projected market volume of US$0.75bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.17%, resulting in a market volume of US$1.83bn by 2028.
  • In global comparison, most revenue will be generated in the United States (US$99.16bn in 2024).

Key regions: United States, Germany, India, Japan, China

Region comparison

Analyst Opinion

The Data Center market in Finland has been experiencing significant growth in recent years.

Customer preferences:
Customers in Finland are increasingly demanding high-quality and reliable data center services. They prioritize factors such as security, efficiency, and sustainability. As a result, data center providers in Finland have been investing heavily in advanced technologies and infrastructure to meet these demands. Customers also value the proximity of data centers to ensure low latency and fast connectivity.

Trends in the market:
One of the key trends in the Data Center market in Finland is the increasing adoption of cloud computing services. As businesses in Finland continue to embrace digital transformation, there is a growing need for scalable and flexible cloud solutions. This has led to a surge in demand for data center services that can support cloud-based applications and storage. Data center providers are expanding their cloud offerings to cater to this trend. Another trend in the market is the rise of edge computing. Edge computing allows data processing and storage to be closer to the source of data generation, reducing latency and improving performance. With the proliferation of Internet of Things (IoT) devices and the need for real-time data processing, edge computing has gained traction in Finland. Data center providers are strategically locating their facilities closer to the edge to support this trend.

Local special circumstances:
Finland's geographical location and climate provide unique advantages for data center operations. The country has a cool climate, which helps reduce the energy required for cooling data center facilities. This, coupled with the abundant availability of renewable energy sources such as hydro and wind power, makes Finland an attractive destination for data center investments. Finland also boasts a robust digital infrastructure and a highly skilled workforce in the IT sector. The country has a strong track record in telecommunications and has invested heavily in broadband connectivity. This infrastructure, combined with the availability of skilled professionals, creates a conducive environment for data center operations.

Underlying macroeconomic factors:
The growth of the Data Center market in Finland can be attributed to several macroeconomic factors. Finland has a stable political environment and a business-friendly regulatory framework, which encourages foreign investments. The country's strong focus on innovation and technology has also attracted global technology companies to establish their data center operations in Finland. Furthermore, Finland's strategic location between Europe and Asia makes it an ideal gateway for data traffic. The country's excellent connectivity to major international internet exchanges ensures reliable and fast connections to global networks. This connectivity advantage has positioned Finland as a hub for international data traffic and has contributed to the growth of the Data Center market. In conclusion, the Data Center market in Finland is experiencing significant growth due to customer preferences for high-quality and reliable services, the adoption of cloud computing and edge computing, favorable local circumstances such as the cool climate and renewable energy sources, and underlying macroeconomic factors including a stable political environment and excellent connectivity. These factors have created a thriving data center market in Finland, attracting both domestic and international investments.


Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.


  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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