A recent report on the Iceland Data Center Colocation Market has been released, indicating its valuation at USD 170 million in 2024 and a projected increase to USD 375 million by 2030, with a compound annual growth rate (CAGR) of 14.09%. Currently, there are seven operational colocation data centers in Iceland, as of December 2024. It is anticipated that this number will continue to rise in the future due to increasing demand and expansion efforts within the industry.