# Oslo Data Center Market > Oslo Data Center Market valued at USD 538.93 million in 2026, forecast to reach USD 1.05 billion by 2035 at a 9.45% CAGR, led by Akershus campuses. Publisher: DC Market Insights Author: Amit Jain, DC Market Insights Published: 2026-10-16 Last updated: 2026-10-16 Next review: Apr 2027 Page: https://www.dcmarketinsights.com/report/oslo-data-center-market ## Key takeaways - A Grid Queue Far Larger Than Installed Capacity - Liquid-Ready Halls for AI Racks - Grid Connections Take Years - AI and GPU Cloud Halls **Frequently Asked Questions** **How big is the Oslo Data Center Market in 2026?** USD 538.93 million in 2026, up 27.14% from USD 423.90 million in 2025, according to DC Market Insights estimates. The market is projected to reach USD 1.05 billion by 2035, a CAGR of 9.45% from 2025 to 2035. **What is the size of the Oslo Data Center Market in 2025 and 2035?** USD 423.90 million in 2025 and USD 1.05 billion by 2035 (DC Market Insights estimate). The market was USD 148.70 million in 2020. **What is the Oslo Data Center Market?** USD 423.90 million of yearly spend in 2025 on building, fitting out and running data centers in Oslo, Akershus, Østfold, Buskerud and the Hamar area. Tenant servers, electricity bills and land are excluded. **How fast is the Oslo Data Center Market growing?** 9.45% a year from 2025 to 2035, down from 23.31% a year in 2020-2025, because the yearly build peaks at about 58 MW in 2030 and service spend on the operating base becomes the largest line (DC Market Insights estimate). **Which component leads the Oslo Data Center Market?** 28.89% of 2025 spend goes to operations and maintenance services, the leading component, because 175 MW was already operating at the start of 2025. Electrical infrastructure follows with 27.09% (DC Market Insights estimate). **What is the fastest growing Oslo data center segment?** 23.88% a year makes AI and GPU cloud halls the fastest growing segment, rising from 8.01% of 2025 spend to 27.65% of 2035 spend as liquid-ready halls for high-density racks spread (DC Market Insights estimate). **How much does a data center in Oslo cost per MW?** About USD 9.41 million per MW of IT load for a conventional hall and USD 12.60 million for an AI hall in 2025 (DC Market Insights estimate). Menon figures put the Enebakk campus at about NOK 118.5 million per MW. **Which area leads the Oslo Data Center Market?** 44.36% of 2025 spend is in Akershus, the leading area, home to Enebakk, Nittedal and Vestby campuses. Hamar and Innlandet grows fastest at 15.44% a year because its campuses have grid power (DC Market Insights estimate). **Who are the leading companies in the Oslo Data Center Market?** About 38% of 2025 spend goes to the top three operators, led by Green Mountain at about 18%, then STACK Infrastructure and Skygard (DC Market Insights assessment). Bulk Infrastructure, Digital Realty, Microsoft and Telenor also compete. **How much data center capacity does Norway have in use?** 794 MW was in use in April 2026, with 4,350 MW allocated and 6,833 MW in Statnett's queue, according to Statistics Norway. The Oslo region had about 205 MW operating at the end of 2025 (DC Market Insights estimate). **Which municipality spends the most on Oslo data centers?** 28.79% of 2025 spend is in Oslo municipality, the largest, followed by Enebakk with 16.12%. Hamar grows fastest at 15.69% a year (DC Market Insights estimate). **What rules apply to data centers in Oslo?** Since 1 April 2025, data centers above 2 MW need an NVE-approved surplus heat analysis, and operators must register with Nkom; 104 data centers were registered by 20 March 2026, according to Statistics Norway. ## Market by region (USD million) ## Dataset | Series | Value | Unit | | --- | --- | --- | | Market size 2025 | 423.9 | USD million | | Revenue CAGR | 9.45 | % | | Market size 2035 | 1,050 | USD million | ## Frequently asked questions ### How big is the Oslo Data Center Market in 2026? USD 538.93 million in 2026, up 27.14% from USD 423.90 million in 2025, according to DC Market Insights estimates. The market is projected to reach USD 1.05 billion by 2035, a CAGR of 9.45% from 2025 to 2035. ### What is the size of the Oslo Data Center Market in 2025 and 2035? USD 423.90 million in 2025 and USD 1.05 billion by 2035 (DC Market Insights estimate). The market was USD 148.70 million in 2020. ### What is the Oslo Data Center Market? USD 423.90 million of yearly spend in 2025 on building, fitting out and running data centers in Oslo, Akershus, Østfold, Buskerud and the Hamar area. Tenant servers, electricity bills and land are excluded. ### How fast is the Oslo Data Center Market growing? 9.45% a year from 2025 to 2035, down from 23.31% a year in 2020-2025, because the yearly build peaks at about 58 MW in 2030 and service spend on the operating base becomes the largest line (DC Market Insights estimate). ### Which component leads the Oslo Data Center Market? 28.89% of 2025 spend goes to operations and maintenance services, the leading component, because 175 MW was already operating at the start of 2025. Electrical infrastructure follows with 27.09% (DC Market Insights estimate). ### What is the fastest growing Oslo data center segment? 23.88% a year makes AI and GPU cloud halls the fastest growing segment, rising from 8.01% of 2025 spend to 27.65% of 2035 spend as liquid-ready halls for high-density racks spread (DC Market Insights estimate). ### How much does a data center in Oslo cost per MW? About USD 9.41 million per MW of IT load for a conventional hall and USD 12.60 million for an AI hall in 2025 (DC Market Insights estimate). Menon figures put the Enebakk campus at about NOK 118.5 million per MW. ### Which area leads the Oslo Data Center Market? 44.36% of 2025 spend is in Akershus, the leading area, home to Enebakk, Nittedal and Vestby campuses. Hamar and Innlandet grows fastest at 15.44% a year because its campuses have grid power (DC Market Insights estimate). ### Who are the leading companies in the Oslo Data Center Market? About 38% of 2025 spend goes to the top three operators, led by Green Mountain at about 18%, then STACK Infrastructure and Skygard (DC Market Insights assessment). Bulk Infrastructure, Digital Realty, Microsoft and Telenor also compete. ### How much data center capacity does Norway have in use? 794 MW was in use in April 2026, with 4,350 MW allocated and 6,833 MW in Statnett's queue, according to Statistics Norway. The Oslo region had about 205 MW operating at the end of 2025 (DC Market Insights estimate). ### Which municipality spends the most on Oslo data centers? 28.79% of 2025 spend is in Oslo municipality, the largest, followed by Enebakk with 16.12%. Hamar grows fastest at 15.69% a year (DC Market Insights estimate). ### What rules apply to data centers in Oslo? Since 1 April 2025, data centers above 2 MW need an NVE-approved surplus heat analysis, and operators must register with Nkom; 104 data centers were registered by 20 March 2026, according to Statistics Norway. ## How to cite Data Center Market Research & Consulting | DC Market Insights, "Oslo Data Center Market", updated 2026-10-16, https://www.dcmarketinsights.com/report/oslo-data-center-market