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Iceland Data Centre Landscape 2024-2027: A Major Destination for Bitcoin Mining and HPC (High Performance Computing) Users with Data Centres Built to Cater for High Density Applications – ResearchAndMarkets.com

July 30, 2024 By Business Wire

DUBLIN--(BUSINESS WIRE)--The "Iceland: Data Centre Landscape - 2024 to 2027" report has been added to ResearchAndMarkets.com's offering.



This new report considers the growth of Data Centre space, power, pricing for Iceland. It also shows the revenues for the Data Centre Market forecast over the period from the beginning of 2024 to the beginning of 2027 and provides profiles of the key Data Centre providers operating in Iceland.

Iceland has become a major destination for bitcoin mining and HPC (High Performance Computing) users with Data Centres built to cater for high density applications, benefiting from free air cooling and low cost renewable power sources. International connectivity has been an issue with latency due to it's distance from other European countries making Iceland less attractive for low latency applications but highly attractive for high-density HPC applications.

Farice, founded in November 2002 and the main provider of international connectivity in and out of Iceland, is to introduce Akureyri as a new point of presence for its services in Iceland. The establishment of a POP in Akureyri will enable Farice’ customers connecting in Akureyri and routing their international internet traffic directly on FARICE-1 and DANICE cables bypassing Reykjavík and Reykjanes.

Iceland's Data Centre sector comprises four Data Centre Providers down from the previously five following the acquisition of the Reykjavik DC by Borelis Data Center which already has two facilities in the Icelandic market. Borelis also acquired Herman IT's DC facility in 2024.

Datacentre pricing forecasts that Icelandic Data Centre raised floor space will increase by almost forty per cent over the period from the end of 2023 to the end of 2027.

Key Topics Covered:

  • Methodology - Iceland Data Centre Landscape
  • Digital Statistics Summary
  • The key third-party Data Centre Providers & Facilities in Iceland
  • The key Data Centre Provider Profiles
  • Icelandic Data Centre Space Forecast (2024 to 2027)
  • Icelandic Data Centre Power Forecast(2024 to 2027)
  • Icelandic Data Centre Power in kWH
  • The key Data Centre Clusters in Iceland in 2024
  • Icelandic Data Centre Pricing Forecast(2024 to 2027)
  • An Icelandic Data Centre Revenue Forecast(2024 to 2027)
  • The key trends and outlook for the Icelandic Data Centre Market

A selection of companies mentioned in this report includes, but is not limited to:

  • Farice

For more information about this report visit https://www.researchandmarkets.com/r/p00nuc

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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