his new report considers the growth of Data Centre space, power, pricing for Iceland.

The report shows the revenues for Cloud and Data Centre Market forecast over the period from the beginning of 2021 to the beginning of 2025 and provides profiles of the key Public Cloud and Data Centre providers for Russia.

Iceland has some of the most advanced ICT usage worldwide. For example, according to the most recent World Economic Forum (WEF) Global Competition Index (GCI) published in October 2019, Iceland is ranked 26th out of 141 economies worldwide – with a score of 74.7 per cent out of 100 (a fall of 2 place rankings worldwide). In terms of ICT adoption Iceland is ranked 7th out of 141 economies (including factors such as mobile subscribers, Broadband subscribers, Fixed broadband, Fibre internet & overall internet users). And for digital skills Iceland is ranked 2nd out of 141 economies worldwide.    

 

 

Iceland is a small country of only 357,000 people but has a Data Centre sector Comprising of five Data Centre Providers.

 

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 Iceland’s distance from other European countries making Iceland less attractive for low latency applications but highly attractive for high-density HPC applications.