Data center construction is essential for various applications, including supporting cloud computing, big data analytics, IoT, artificial intelligence, and enterprise applications. The construction of data centers provides scalability, allowing organizations to expand their IT infrastructure as needed. These facilities offer high reliability and redundancy, minimizing downtime and data loss risks. Data centers contribute to cost efficiency by centralizing computing resources and optimizing hardware use. They prioritize security with robust measures to safeguard sensitive data, ensuring compliance with regulations. Additionally, modern data centers emphasize energy efficiency, incorporating technologies such as virtualization and advanced cooling systems. With global connectivity, these facilities enable quick and reliable access to data and applications from diverse locations, highlighting their pivotal role in the digital landscape.
According to Data Bridge Market Research analyses the Global Data Center Construction Market which was USD 40,813.18 million in 2022, is expected to reach USD 78,200 million by 2030, and is expected to undergo a CAGR of 8.90% during the forecast period of 2023 to 2030.
"Rapid Increase in Cloud Servers Boosts the Market Growth"
The data center construction market is experiencing significant growth due to the increasing demand for cloud services. The rising adoption of cloud computing by businesses and individuals has led to a surge in the need for data centers to accommodate the storage and processing requirements of cloud-based applications and services. As organizations transition to the cloud for enhanced flexibility, cost efficiency, and accessibility, constructing robust and scalable data center facilities becomes imperative. This trend play a major role of data center construction as a key driver in meeting the evolving demands of the growing ecosystem of cloud-based technologies and services.
What restraints the growth of global data center construction market?
"Limited Availability of Suitable Location Hinders the Market Growth"
The limited availability of suitable locations poses a significant constraint in the data center construction market. Challenges arise in identifying appropriate sites due to factors such as proximity to network connectivity, access to reliable power supply, availability of skilled labor, and compliance with local regulations. These considerations limit options for constructing data centers, as some regions may experience shortages of suitable land or face zoning restrictions. This constraint impedes the expansion of data center infrastructure, hindering the industry's ability to meet the increasing demand for advanced data processing and storage facilities.
Segmentation: Global Data Center Construction Market
The global data center construction market is segmented on the basis of infrastructure type, data center type, organisation size and verticals.
- On the basis of infrastructure type, the global data center construction market is segmented into electrical infrastructure, mechanical infrastructure, and general construction
- On the basis of data center type, the global data center construction market is segmented into tier 1, tier 2, tier 3, and tier 4
- On the basis of organization size, the global data center construction market is segmented into small size organization, medium size organization, and large size organization
- On the basis of verticals, the global data center construction market is segmented into banking, financial services and insurance, it and telecommunications, government and defense, healthcare, retail colocation, power and energy, manufacturing, and others
Regional Insights: North America dominates the Global Data Center Construction Market
- North America dominates the data center construction market due to its early adoption of advanced technologies, substantial investments from major tech companies, and a growing demand for data storage across various industries. The region's urbanization and stable regulatory environment further contribute to its leadership
- The Asia-Pacific (APAC) region is expected to experience significant growth from 2023 to 2030, driven by increased investments. This growth is fueled by expanding economies, substantial infrastructure projects, a growing middle class driving consumer demand, technological advancements, and the region's attractiveness for foreign direct investment. APAC's pivotal role in global supply chains, backed by trade agreements and urbanization, further positions it as a key player in the global economic landscape
To know more about the study visit, https://www.databridgemarketresearch.com/de/reports/global-data-center-construction-market
Recent Developments in Global Data Center Construction Market
- In April 2022, Google revealed plans for a USD 750 million investment in a new data center in Nebraska and a sprawling campus in Omaha comprising four buildings totaling over 1.4 million square feet. This initiative aligns with Google's commitment to spend USD 9.5 billion on new data centers, driven by the escalating demand for Google Cloud services and infrastructure
- In December 2019, AECOM took charge of a joint venture with the Central Plateau Cleanup Contract at the Hanford Site, focusing on mitigating environmental risks and investing in the nuclear end state. This strategic move not only aims for profit maximization but also seeks to bolster the company's brand image through an increased emphasis on environmental responsibility and sustainable practices
The Prominent Key Players Operating in Global Data Center Construction Market Include:
- Turner Construction Company (U.S.)
- DPR Construction (U.S.)
- AECOM (U.S.)
- Schneider Electric (France)
- M. A. Mortenson Company (U.S.)
- Arup (U.K.)
- Brasfield & Gorrie, L.L.C. (U.S.)
- CORGAN (U.S.)
- Currie & Brown Holdings Limited (U.K.)
- Fortis Construction (U.S.)
- Gensler (U.S.)
- Holder Construction Group, LLC (U.S.)
- Jacobs (U.S.)
- ROGERS-O'BRIEN CONSTRUCTION COMPANY, LTD (U.S.)
- Skanska (Sweden)
- Structure Tone Organization (U.S.)
- The Boldt Company (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global data center construction market companies contact, https://www.databridgemarketresearch.com/de/contact
Research Methodology: Global Data Center Construction Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
