The data center construction market size was US$ 59.9 billion in 2021. The data center construction market size is forecast to reach US$ 163.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 13.49% during the forecast period from 2022 to 2030.
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A data center is a location where a company’s IT infrastructure is housed, including computer systems, network systems, servers, and other associated components. The process of physically constructing a data center facility is known as data center construction. It blends data center operational environment requirements with construction standards. Data center construction typically focuses on capacity, disaster tolerance, and efficient design while developing and building a data center.
Factors Influencing Market Growth
The rising utilization of big data analytics, cloud-based systems, and the Internet of Things (IoT) for computing videos, audio, and other data formats fuel the global market growth.
The rising demand for energy-efficient data centers is forecast to offer lucrative opportunities for the global market during the forecast period.
The growing adoption of liquid cooling technology and direct-to-chip cooling server racks to control overheating in data centers and vast infrastructural expansions drive the global market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic struck when demand for data center capacity increased, putting a cap on the number of new facilities available. There have been some influences on the industry, such as higher data network traffic due to the greater use of programs like Zoom, Microsoft Office, and others. Furthermore, the slow resumption of the construction of numerous data center facilities had to temporarily halt as part of the global lockdowns imposed in the aftermath of the COVID-19 epidemic. As a result, the COVID-19 pandemic had a negative impact on the global market growth.
Regional Insights
North America conquered the market for data center construction and garnered the largest revenue share in 2021. In addition to establishing a sophisticated network infrastructure, the U.S. is also a major cloud service provider, such as Amazon.com, Google, Inc., and Facebook. These companies are funding the construction of megastructures for additional data storage and processing abilities. Thus, these factors are forecast to open opportunities for market growth.
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Leading Competitors
The leading prominent companies profiled in the global data center construction market are:
IBM Corporation
GTN Data Center
Turner Construction Co.
DPR Construction Inc.
Fortis Construction
Hensel Phelps Construction Co. Inc.
HITT Contracting Inc.
JE Dunn Construction Group Inc.
MA Mortenson Company Inc.
AECOM Ltd
Gilbane Building Company Inc.
Clune Construction Company LP
Nabholz Corporation
NTT Global Data Centers
CyrusOne Inc.
Cap Ingelec
Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Data Center Construction industry experienced notable growth in its workforce. Starting in January, employment within the Data Center Construction sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Data Center Construction output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Data Center Construction output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Data Center Construction market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Data Center Construction market.
Scope of the Report
The global data center construction market segmentation focuses on Infrastructure, Tire Type, Enterprise Size, End-Users, and Region.
Segmentation based on Infrastructure
Electrical Infrastructure
UPS Systems
Other Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Racks
Other Mechanical Infrastructure
General Construction
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Segmentation based on Tire Type
Tier-I and II
Tier-III
Tier-IV
Segmentation based on Enterprise Size
Small and Medium-scale Enterprise
Large-scale Enterprise
Segmentation based on End-Users
Banking, Financial Services, and Insurance
IT and Telecommunications
Government and Defense
Healthcare
Other End Users
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Table of Contents:
Chapter 1: Introduction to the Global Data Center Construction Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Data Center Construction Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Data Center Construction Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Data Center Construction Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Data Center Construction market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Data Center Construction market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Data Center Construction business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
Why is our study consequential?
Our study holds paramount importance for various reasons, a few of which include:
* Assisting businesses in gauging the viability of new or existing products or services.
* Facilitating business enterprises in the identification and cultivation of novel market segments.
* Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.
* Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.
* Analyzing market trends to aid businesses in devising adaptive strategies.
* Guiding businesses in the optimal placement of their products.
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