North America Data Center Construction Market, By Infrastructure Type (Electrical Infrastructure, Mechanical Infrastructure and General Construction), Data Center Type (Tier 1, Tier 2, Tier 3 and Tier 4), Organization Size (Small Size Organization, Medium Size Organization and Large Size Organization), Vertical (Banking, Financial Services and Insurance, IT and Telecommunications, Government and Defense, Healthcare, Retail Colocation, Power and Energy, Manufacturing and Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
The data center infrastructure consists of data communication connections, air conditioning, security devices, backup power supplies and fire suppression systems. The infrastructure ensures all the environmental factors are taken into consideration and all the resources are optimally utilized.
North America Data Center Construction Market was valued at USD 15,988.24 million in 2021 and is expected to reach USD 37,660.91 million by 2029, registering a CAGR of 18.30% during the forecast period of 2022-2029. IT and Telecommunications accounts for the largest technology segment in the respective market owing to the extensive usage of data centers in the sector. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Data Center is a state-of-the-art room used to manage IT-related computer systems and equipment. The construction of the data center allows for air circulation under the floor and the tiles. With significant growth in internet usage, advanced software development and installation system and an increase in the number of devices connected to the public and private networks followed by an increasing amount of data.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Infrastructure Type (Electrical Infrastructure, Mechanical Infrastructure and General Construction), Data Center Type (Tier 1, Tier 2, Tier 3 and Tier 4), Organization Size (Small Size Organization, Medium Size Organization and Large Size Organization), Vertical (Banking, Financial Services and Insurance, IT and Telecommunications, Government and Defense, Healthcare, Retail Colocation, Power and Energy, Manufacturing and Others)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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Turner Construction Company (US), DPR Construction (US), AECOM (US), Schneider Electric (France), M. A. Mortenson Company (US), Arup (UK), Brasfield & Gorrie, L.L.C. (US), CORGAN (US), Currie & Brown Holdings Limited (UK), Fortis Construction (US), Gensler (US), Holder Construction Group, LLC (US), Jacobs (US), ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD (US), Skanska (Sweden), Structure Tone Organization (US), The Boldt Company (US), among others
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Market Opportunities
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North America Data Center Construction Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Data Consumption
The increase in data consumption is one of the major factors driving the growth of data center construction market. The rise in demand for cloud computing across numerous industries has a positive impact on the market.
- Construction of Hyperscale Data Centers
The rise in the construction of hyperscale data centers across the globe with the purpose of storing massive amounts of data accelerate the market growth. An increase in consumer data among leading cloud service providers escalating the demand for hyperscale data centers.
- Government Initiatives
The surge in government initiatives in the form of huge investments and funds further influence the market. A high investment in data center infrastructure is being witnessed by companies operators for maintaining ideal and efficient operating conditions.
Opportunities
Furthermore, penetration of connected devices, and easy access to the internet extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in the edge computing will further expand the market.
Restraints/Challenges
On the other hand, high initial investment costs are expected to obstruct market growth. Also, legal and regulatory concerns are projected to challenge the data center construction market in the forecast period of 2022-2029.
This data center construction market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on data center construction market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on North America Data Center Construction Market
The COVID-19 has impacted data center construction market. The limited investment costs and lack of employees hampered sales and production of data center construction. However, government and market key players adopted new safety measures for developing the practices. The advancements in the technology escalated the growth rate of the data center construction market as it targeted the right audience. The data center construction market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Recent Developments
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In December 2019, AECOM. led a joint venture with the Central Plateau Cleanup Contract at the Hanford Site to reduce environmental risk. The growing investment in the nuclear end state. The company is going to enhance its brand image along with profit maximization.
North America Data Center Construction Market Scope and Market Size
The data center construction market is segmented on the basis of infrastructure type, data center type, organization size and vertical. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Infrastructure Type
- Electrical Infrastructure
- Mechanical Infrastructure
- General Construction
On the basis of infrastructure type, the North America data center construction market is segmented into electrical infrastructure, mechanical infrastructure and general construction. Electrical infrastructure segment holds the largest market share in the global data center construction market owing to the factor such as growing construction of mega data centers along with wages of laborers employed and security concerns related to theft/loss of data that has propelled the data center manufacturers to invest in installing advanced security infrastructures which are further helping the segment to dominate the market.
Data Center Type
- Tier 1
- Tier 2
- Tier 3
- Tier 4
On the basis of data center type, the North America data center construction market is segmented into tier 1, tier 2, tier 3 and tier 4. Tier 3 is dominating the data center type owing to factor such as growing necessity for redundant components for critical applications on the basis of data center’s architecture and site infrastructure which comprises of large companies that is the main reason towards the domination of the segment.
Organization Size
- Small Size Organization
- Medium Size Organization
- Large Size Organization
On the basis of organization size, the North America data center construction market is segmented into small size organization, medium size organization and large size organization. Large size organization is dominating the segment owing to factor that large data centers are characterized by high requirement of computational power and high-server densities which is dynamic cost-effective power management, resource allocation and monitoring of resources is the main reason for the dominance of segment.
Vertical
- Banking, Financial Services and Insurance
- IT and Telecommunications
- Government and Defense
- Healthcare
- Retail Colocation
- Power and Energy
- Manufacturing
- Others
On the basis of vertical, the North America 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. The IT and telecommunications dominates the market owing to factors such as extensive usage of data centers in the sector for storing a large amount of data which is generated from heavy usage of internet and high penetration of mobiles.
North America Data Center Construction Market Regional Analysis/Insights
The data center construction market is analysed and market size insights and trends are provided by country, infrastructure type, data center type, organization size and vertical as referenced above.
The countries covered in the data center construction market report are U.S., Canada and Mexico in North America.
In North America data center construction market, the U.S. is dominating the data center construction market due to strong hold of the data center construction for the advanced IOT solutions is demanding the growth of the market. Canada data center construction market is growing with strong rate owing to strong project offering by the market players.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Data Center Construction Market
The data center construction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data center construction market.
Some of the major players operating in the data center construction market are
- Turner Construction Company (US)
- DPR Construction (US)
- AECOM (US), Schneider Electric (France)
- M. A. Mortenson Company (US)
- Arup (UK), Brasfield & Gorrie, L.L.C. (US)
- CORGAN (US), Currie & Brown Holdings Limited (UK)
- Fortis Construction (US)
- Gensler (US)
- Holder Construction Group, LLC (US)
- Jacobs (US)
- ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD (US)
- Skanska (Sweden)
- Structure Tone Organization (US)
- The Boldt Company (US)
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