By 2026, Iceland is expected to have over 1.2 million edge computing devices, reflecting rapid adoption driven by increased IoT deployment and digital services. The cloud computing market is projected to hold 45% of the IT infrastructure market, supporting businesses' digital transformation efforts. Data centers will reach a capacity of 350 MW, underpinning the country's growing digital economy and sustainable infrastructure goals.
This growth indicates Iceland's strategic investment in edge and cloud technologies, positioning it as a regional hub for data storage and processing. The proliferation of IoT devices, now exceeding 3.5 million, will further enhance automation and smart solutions across industries, boosting economic resilience and technological innovation.