Market Forecast By Types (Colocation Data Center, Cloud Data Center, Managed Services Data Center, Enterprise Data Center), By Verticals (Telecom & IT, BFSI, Government, Healthcare, Education & Others), By Regions (Northern, Southern, Centeral) And Competitive Landscape
According to 6Wresearch, Finland Data Center Market revenue size is projected to grow at a CAGR of 30.1% during 2021-2027. Finland data center market is likely to experience a rapid growth in the forecast period on the account of increased usage of IoT, big data analytics, artificial intelligence and rapid investment combined with deployment of 5G technology by enterprises across the nation. Further, cloud services are being embraced by businesses in a variety of industries, including banking, financial services, insurance, IT & telecommunications, energy & utilities, media & entertainment, and manufacturing, which is boosting the data center market. Adoption of these technologies would lead to increase in data volume and network bandwidth requirements, thereby resulting in growing demand for data center market in the forecast period.
Finland data center market had witnessed a significant growth in the period of 2017-2020 on account of the Finnish government initiatives with allocation of €400 million in 2018 to support digital projects with an aim of developing an advanced e-government infrastructure, e-learning, digital banking and others, along with the investment and innovation in ICT sector. Social distancing norms implemented in the country due to Covid-19 pandemic acted as a catalyst in the growth of tele healthcare, e-learning, e-commerce, remote working and e-governance platforms.
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Market by Region Analysis
By regions, Southern region garnered the majority revenue share for the year 2020 as more than 70% data centers are present in the city i.e Helsinki, which offers submarine cable connectivity. Submarine cable connectivity is a key advantage in case of Helsinki as it connects Finland to Germany, Central Europe and Western Europe, making it as a preferable location for data centers.
Key Highlights of the Report
Finland Data Center Market Overview
Finland Data Center Market Outlook
Finland Data Center Market Trends
Finland Data Center Market Share
Finland Data Center Market Drivers and Restraints
Finland Data Center Market Forecast
Finland Data Center Market Industry Life Cycle
Porter’s Five Force Analysis
Key Strategic Recommendations
Market Opportunity Assessment
Finland Data Center Market Overview on Competitive Benchmarking
Historical Data of Finland Data Center Market Revenues for the Period 2017-2020
Historical Data of Finland Data Center Market Revenues, By Types for the Period 2017-2020.
Market Size & Forecast of Finland Data Center Market Revenues, By Verticals until 2027
Market Size & Forecast of Finland Data Center Market Revenues, By Types until 2027
Historical Data of Finland Data Center Market Revenues, By Regions for the Period 2017-2020.
Market Size & Forecast of Finland Data Center Market Revenues, By Regions until 2027
Market Size & Forecast of Finland Data Center Market Revenues until 2027
Historical Data of Finland Data Center Market Revenues, By Verticals for the Period 2017-2020.
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