Data Center Construction Market – Global Industry Analysis and Forecast (2022-2029) by Design Type, Tier Type, Size of Data Center, End-User, and Region

Data Center Construction Market size was valued at US$ 234.57 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 6.4% from 2022 to 2029, reaching nearly US$ 385.30 Bn.

Data Center Construction Market Overview:

Data Center Construction Market is expected to reach US$ 385.30 Bn. by 2029. The process of physically constructing a data centre facility is known as data centre construction. It blends data centre operational environment requirements with building standards. This report focuses on the different segments of the Data Center Construction market (Design Type, Tier Type, Size of Data Center, End-User, and Region). The major industry players and regions are thoroughly examined in this report (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It's a thorough examination of today's quick advancements in a variety of industries. The major data analysis for the historical period from 2017 to 2021 is presented using facts and numbers, visualisations, and presentations. The market drivers, restraints, opportunities, and challenges for Data Center Construction are examined in this report. The MMR report's investment suggestions are based on a thorough examination of the current competitive environment in the Data Center Construction market. Data Center Construction Market To know about the Research Methodology :- Request Free Sample Report

Data Center Construction Market Dynamics:

Due to the widespread use of cloud services, the need for data centres has risen in recent years. According to the Cloud Infrastructure Report 2021, 57 percent of respondents stated more than half of their infrastructure is in the cloud, with 64 percent expecting to be entirely in the public cloud in the next five years. Furthermore, the market is driven by the implementation of a software-defined data centre in healthcare. Every year, medical costs rise, and the cost of optimization from the customer's standpoint is also a hot topic. Healthcare spending is expected to rise to roughly USD 18.28 trillion by 2040, according to the Institute for Health Metrics and Evaluation, with high-income countries paying around USD 9,019 per person. While healthcare businesses are still in the early stages of embracing modern IT infrastructure, implementing a software-defined data centre will ease data management, consolidate networking, and improve server storage agility. Furthermore, North American state and local governments are competing to build more data centres for their respective markets. Texas, for example, has approved tax incentive legislation that exempts all corporate property from sales taxes. For major data centre users, this factor is significant for data centre operation in the next 10 to 15 years. Furthermore, the Covid-19 pandemic has struck at a time when demand for data centre capacity is quickly increasing, putting a stop to new facility building. There has been some influence on the industry, such as higher data network traffic due to greater use of programmes such as Zoom, Microsoft Office, and others. However, according to Trend Force, 3.2 million server units were shipped in Q2 2021. Furthermore, the pandemic has made it more difficult to build a data centre due to supply chain disruptions, which is expected to limit market growth.

Data Center Construction Market Segment Analysis:

The Data Center Construction Market is segmented by Design Type, Tier Type, Size of Data Center, and End-User. Based on the Size of Data Center, the market is segmented into Small and Medium Scale Data Center, and Large Scale Data Center. Large Scale Data Center segment is expected to hold the largest market share of xx% by 2029. Large Scale data centres are utilised in a variety of industries to boost computing power, memory, networking infrastructure, and storage capacity. The physical infrastructure and distribution systems enabling Large Scale data centres for maximum cooling efficiency, as well as the ability to efficiently scale computing operations, are among the aspects of Large Scale data centres. Furthermore, the business of selling Open Compute Project-compliant data centre gear is booming. With OCP, advanced cooling solutions for rapidly growing power consumption and processing density in next-generation data centres with minimal modifications in the extra facility are contributing considerably to market growth. Based on the End-User, the market is segmented into Public Sector, Oil & Energy, Media & Entertainment, IT & Telecommunication, Banking, Financial Services, Insurance (BFSI), and Others. IT & Telecommunication segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. This is due to the global proliferation of smart phones and the increase in active internet users. The continuing deployment of 5G networks also assisted the segment to lead the market in 2021, and this trend is expected to continue during the forecast period. The segment's growth is expected to be driven by the continuous acceptance of Network Function Virtualization (NFV) and Software-Defined Networks (SDN) as applications to support OTT Platforms, M2M communication, and online gaming over the forecast period. Cloud computing, IoT, AI, and intelligent computing are all gaining popularity in a variety of businesses and verticals.

Data Center Construction Market Regional Insights:

The North American region is expected to dominate the Data Center Construction Market during the forecast period 2022-2029. The North American region is expected to hold the largest market share of xx% by 2029. North America's large revenue share can be due to the region's active expenditures in hyperscale projects. The United States is a mature economy with a well-established, sophisticated network infrastructure. Amazon.com, Google, Inc., and Facebook are among the main cloud service providers that call it home. These firms are investing in the creation of mega facilities to increase data storage and processing capacity, hence boosting market potential. Asia Pacific region is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. Continuous investments by cloud service providers and hyperscale companies are attributed with the regional growth. For example, Amazon.com invested USD 339.7 billion in its e-commerce and data centre business in India in February 2021. The objective of the report is to present a comprehensive analysis of the Global Data Center Construction Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Data Center Construction Market dynamic and structure by analyzing the market segments and projecting the Global Data Center Construction Market size. Clear representation of competitive analysis of key players by Distribution Channel, price, financial position, product portfolio, growth strategies, and regional presence in the Data Center Construction Market make the report investor’s guide.

Data Center Construction Market Scope:Inquire before buying

Global Data Center Construction Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 234.57 Bn.
Forecast Period 2022 to 2029 CAGR: 6.4% Market Size in 2029: US $ 385.30 Bn.
Segments Covered: by Design Type • Electrical Construction • Mechanical Construction • General Construction
by Tier Type • Tier 1 • Tier 2 • Tier 3 • Tier 4
by Size of Data Center • Small and Medium Scale Data Center • Large Scale Data Center
by End-User • Public Sector • Oil & Energy • Media & Entertainment • IT & Telecommunication • Banking, Financial Services, Insurance (BFSI) • Others

Data Center Construction Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Data Center Construction Market Key Players

Corgan Associates, Inc. • Holder Construction • Turner Construction • DPR Construction • Structure Tone • Mortenson Construction • Gilbane Inc. • Balfour Beatty US • Hensel Phelps • Hoffman Construction • HITT Contracting • Fluor Corporation • IMC Construction • Pepper Construction • FORTIS Construction Inc. • AECOM • Schneider Electric • M. A. Mortenson Company • Brasfield & Gorrie, L.L.C. • Currie & Brown Holdings Limited • Fortis Construction • Jacobs • ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD Frequently Asked Questions: 1] Which region is expected to hold the highest share in the Data Center Construction Market? Ans. North America is expected to hold the highest share in the Data Center Construction Market. 2] Who are the top key players in the Data Center Construction Market? Ans. Corgan Associates, Inc., Holder Construction, Turner Construction, DPR Construction, Structure Tone, and Mortenson Construction are the top key players in the Data Center Construction Market. 3] Which segment is expected to hold the largest market share in the Data Center Construction Market by 2029? Ans. Large Scale Data Center segment is expected to hold the largest market share in the Data Center Construction Market by 2029. 4] What is the market size of the Data Center Construction Market by 2029? Ans. The market size of the Data Center Construction Market is expected to reach US $ 385.30 Bn. by 2029. 5] What was the market size of the Data Center Construction Market in 2021? Ans. The market size of the Data Center Construction Market was worth US $ 234.57 Bn. in 2021.
1. Global Data Center Construction Market: Research Methodology 2. Global Data Center Construction Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Data Center Construction Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Data Center Construction Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Data Center Construction Market Segmentation 4.1 Global Data Center Construction Market, by Design Type (2021-2029) • Electrical Construction • Mechanical Construction • General Construction 4.2 Global Data Center Construction Market, by Tier Type (2021-2029) • Tier 1 • Tier 2 • Tier 3 • Tier 4 4.3 Global Data Center Construction Market, by Size of Data Center (2021-2029) • Small and Medium Scale Data Center • Large Scale Data Center 4.4 Global Data Center Construction Market, by End-User (2021-2029) • Public Sector • Oil & Energy • Media & Entertainment • IT & Telecommunication • Banking, Financial Services, Insurance (BFSI) • Others 5. North America Data Center Construction Market (2021-2029) 5.1 North America Data Center Construction Market, by Design Type (2021-2029) • Electrical Construction • Mechanical Construction • General Construction 5.2 North America Data Center Construction Market, by Tier Type (2021-2029) • Tier 1 • Tier 2 • Tier 3 • Tier 4 5.3 North America Data Center Construction Market, by Size of Data Center (2021-2029) • Small and Medium Scale Data Center • Large Scale Data Center 5.4 North America Data Center Construction Market, by End-User (2021-2029) • Public Sector • Oil & Energy • Media & Entertainment • IT & Telecommunication • Banking, Financial Services, Insurance (BFSI) • Others 5.5 North America Data Center Construction Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Data Center Construction Market (2021-2029) 6.1. Europe Data Center Construction Market, by Design Type (2021-2029) 6.2. Europe Data Center Construction Market, by Tier Type (2021-2029) 6.3. Europe Data Center Construction Market, by Size of Data Center (2021-2029) 6.4. Europe Data Center Construction Market, by End-User (2021-2029) 6.5. Europe Data Center Construction Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Data Center Construction Market (2021-2029) 7.1. Asia Pacific Data Center Construction Market, by Design Type (2021-2029) 7.2. Asia Pacific Data Center Construction Market, by Tier Type (2021-2029) 7.3. Asia Pacific Data Center Construction Market, by Size of Data Center (2021-2029) 7.4. Asia Pacific Data Center Construction Market, by End-User (2021-2029) 7.5. Asia Pacific Data Center Construction Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. South America Data Center Construction Market (2021-2029) 8.1. South America Data Center Construction Market, by Design Type (2021-2029) 8.2. South America Data Center Construction Market, by Tier Type (2021-2029) 8.3. South America Data Center Construction Market, by Size of Data Center (2021-2029) 8.4. South America Data Center Construction Market, by End-User (2021-2029) 8.5. South America Data Center Construction Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 9. Middle East and Africa Data Center Construction Market (2021-2029) 9.1 Middle East and Africa Data Center Construction Market, by Design Type (2021-2029) 9.2. Middle East and Africa Data Center Construction Market, by Tier Type (2021-2029) 9.3. Middle East and Africa Data Center Construction Market, by Size of Data Center (2021-2029) 9.4. Middle East and Africa Data Center Construction Market, by End-User (2021-2029) 9.5. Middle East and Africa Data Center Construction Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 10. Company Profile: Key players 10.1 Corgan Associates, Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Holder Construction 10.3 Turner Construction 10.4 DPR Construction 10.5 Structure Tone 10.6 Mortenson Construction 10.7 Gilbane Inc. 10.8 Balfour Beatty US 10.9 Hensel Phelps 10.10 Hoffman Construction 10.11 HITT Contracting 10.12 Fluor Corporation 10.13 IMC Construction 10.14 Pepper Construction 10.15 FORTIS Construction Inc. 10.16 AECOM 10.17 Schneider Electric 10.18 M. A. Mortenson Company 10.19 Brasfield & Gorrie, L.L.C. 10.20 Currie & Brown Holdings Limited 10.21 Fortis Construction 10.22 Jacobs 10.23 ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD

About This Report

Report ID 64138
Category Information Technology & Telecommunication
Published Date June 2020
Updated Date Sep 2022
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