Data Center Construction Market by Covid-19 Impact, Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2022-2029

Data Center Construction Market Overview:

The data center construction market is experiencing substantial growth driven by the escalating demand for data storage, processing capabilities, and the rise of cloud computing. This market encompasses the design, development, and maintenance of data center facilities, which are crucial for supporting the IT infrastructure of businesses across various industries. Key factors propelling the market include the exponential increase in data generation, advancements in technology, and the growing adoption of IoT devices. Additionally, the shift towards digital transformation and the need for efficient data management solutions are fueling investments in new data center projects. Companies are focusing on constructing energy-efficient and sustainable data centers to meet regulatory standards and reduce operational costs. As a result, the data center construction market is poised for continued expansion, with significant contributions from regions such as North America, Europe, and Asia-Pacific.

Expected Expansion of Data Center Construction Market:

Data Center Construction revenue is expected to grow at a CAGR of 6.40% from 2024 to 2030, reaching nearly USD 393.21 Billion by 2030.

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Data Center Construction Market Scope and Methodology:

The scope of the data center construction market encompasses the planning, design, building, and maintenance of data center facilities, including both hyperscale and enterprise data centers. This market involves various stakeholders such as construction firms, IT equipment suppliers, electrical and mechanical service providers, and infrastructure management companies.

The methodology for researching this market includes a comprehensive analysis of market trends, drivers, and challenges. Primary research involves interviews with industry experts, while secondary research includes a review of financial reports, market publications, and relevant articles. Data is gathered from reputable sources, including industry associations and government databases, ensuring accuracy and reliability. The market is segmented by type, tier standard, industry vertical, and geography to provide detailed insights and forecasts. Quantitative and qualitative analysis techniques are used to evaluate market size, growth potential, and competitive landscape, offering a holistic view of the data center construction market.

Data Center Construction Market Regional Insights:

The data center construction market demonstrates varied regional insights, reflecting differing levels of demand and growth potential across the globe. North America leads the market, driven by the significant presence of technology giants and increasing investment in data infrastructure. The United States, in particular, shows robust growth due to the rising adoption of cloud services and edge computing. Europe follows closely, with substantial contributions from countries like Germany, the UK, and the Netherlands, driven by stringent data privacy regulations and the expansion of colocation facilities. The Asia-Pacific region is experiencing rapid growth, fueled by the increasing digital transformation initiatives in countries such as China, India, and Japan. These countries are investing heavily in data center facilities to support the burgeoning demand for data storage and processing capabilities.

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Data Center Construction Market Segmentation:

by Design Type

Electrical Construction

Mechanical Construction

General Construction

by Size of Data Center

Small and Medium Scale Data Center

Large Scale Data Center

The ascendancy of the IT and telecom sector in the data center construction market was notable in 2023, capturing the largest share of 40.4%. This dominance stemmed from the widespread proliferation of smartphones and the escalating number of active internet users globally. Moreover, the continued rollout of 5G networks further bolstered the segment's supremacy in 2022, a trend expected to persist throughout the forecast period.

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 (United States, Canada and Mexico)

Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)

Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)

South America (Brazil, Argentina Rest of South America)

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Data Center Construction Market Major Players:

North America:

1. Corgan Associates, Inc.(United States)

2. Holder Construction (United States)

3. Turner Construction (United States)

4. DPR Construction (United States)

5. Structure Tone (United States)

6. Mortenson Construction (United States)

7. Gilbane Inc. (United States)

8. Balfour Beatty US (United States)

9. Hensel Phelps (United States)

10. Hoffman Construction (United States)

11. HITT Contracting (United States)

12. Fluor Corporation (United States)

13. IMC Construction (United States)

14. Pepper Construction (United States)

15. FORTIS Construction Inc. (United States)

16. M. A. Mortenson Company (United States)

17. Brasfield & Gorrie, L.L.C. (United States)

18. ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD (United States)

19. AECOM (United States)

20. Jacobs (United States)

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Key questions answered in theData Center Construction Market are:

• What isData Center Construction ?

• What is the growth rate of theData Center Construction Market?

• What are the upcoming opportunities and trends for theData Center Construction Market?

• What are the different segments of theData Center Construction Market?

• What are the recent industry trends that can be implemented to generate additional revenue streams for theData Center Construction Market?

• What segments are covered in theData Center Construction Market?

• Which are the factors expected to drive theData Center Construction Market growth?

• What growth strategies are the players considering to increase their presence inData Center Construction ?

• Who are the leading companies and what are their portfolios inData Center Construction Market?

• Who are the key players in theData Center Construction market?

• What is the CAGR at which theData Center Construction market will grow during the forecast period?

Key Offerings:

• Past Market Size and Competitive Landscape (2018to 2023)

• Past Pricing and price curve by region (2018to 2023)

• Market Size, Share, Size Forecast by different segment | 20232030

• Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

• Market Segmentation A detailed analysis by segment with their sub-segments and Region

• Competitive Landscape Profiles of selected key players by region from a strategic perspective

o Competitive landscape Market Leaders, Market Followers, Regional player

o Competitive benchmarking of key players by region

• PESTLE Analysis

• PORTERs analysis

• Value chain and supply chain analysis

• Legal Aspects of Business by Region

• Lucrative business opportunities with SWOT analysis

• Recommendations

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