Data Center Construction Market Forecast, Trends, and Growth 2030

Data Center Construction Market Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Types of Construction (General Construction, Electrical Design, and Mechanical Design); By Tier Standards (Tier 1 and Tier 2, Tier 3, and Tier 4); and By Industry Verticals (BFSI, Government, Education, Manufacturing, Retail, Transportation, Media & Entertainment, Others), and Geography

  • Report Code : TIPTE100000432
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 239
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Data Center Construction Market Drivers and Opportunities 2030

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The data center construction market size is projected to reach US$ 448.14 billion by 2030 from US$ 234.85 billion in 2022. The market is expected to register a CAGR of 8.4 % in 2022–2030. The increasing demand for data storage is driving the growth of the market.

Data Center Construction Market Analysis

The market for data center building is expanding due to the expansion of the information technology industry. Data centers are constructed with a variety of innovative and novel technologies. These technologies include artificial intelligence, big data analytics, and the Internet of Things. Throughout the projection period, this factor will propel the market for data center construction.

Data Center Construction Market Overview

In order to fulfill the growing need for data processing and storage, the worldwide data center construction industry is concentrated on organizing, developing, and constructing specialized buildings that house computer systems and infrastructure. Strong data center infrastructure is essential given the rise in cloud computing, big data analytics, artificial intelligence, and the Internet of Things, which have all contributed to a significant increase in data generation. The growing need for effective management of massive amounts of data has led to a notable expansion of this industry.

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Data Center Construction Market: Strategic Insights

Data Center Construction Market

  • CAGR (2022 - 2030)
    8.4 %
  • Market Size 2022
    US$ 234.85 Billion
  • Market Size 2030
    US$ 448.14 Billion

Market Dynamics

GROWTH DRIVERS
  • Large enterprises are increasingly using hyperscale data centers.
FUTURE TRENDS
  • Growing cloud application, big data and AI.
OPPORTUNITIES
  • Surge in Data Consumption

Key Players

  • Ascenty
  • Acer Inc.
  • Cisco Systems, Inc.
  • Dell Inc.
  • Fujitsu
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • IBM
  • Lenovo
  • Oracle

Regional Overview

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

Market Segmentation

Types of Construction
  • General Construction
  • Electrical Design
  • Mechanical Design
Tier Standards
  • Tier 1 and Tier 2
  • Tier 3
  • Tier 4
Industry Verticals
  • BFSI
  • Government
  • Education
  • Manufacturing
  • Retail
  • Transportation
  • Media & Entertainment
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Data Center Construction Market Drivers and Opportunities

Large Enterprises are Increasingly using Hyperscale Data Centers to Favor the Market

Hyperscale data centers are utilized in a variety of industries to boost computing power, memory, networking infrastructure, and storage capacity. Hyperscale data centers have physical infrastructure and distribution technologies that help them maximize cooling efficiency, as well as the ability to scale computing workloads efficiently and broadly. Furthermore, sales of data center hardware according to Compute Project criteria are growing. OCP is considerably contributing to market growth by providing an advanced cooling solution for rapidly increasing power consumption and computing density in next-generation data centers with no changes to the extra facility.

Surge in Data Consumption

As more people obtain internet connection, there is a greater demand for online services, digital material, and cloud-based applications. This increase in data consumption needs the growth and construction of data centers to handle the growing volume of information. The opportunity comes in meeting expanding connectivity needs, allowing businesses to capitalize on the huge potential of a digitally linked global populace. Data centers play an important role in allowing this connectivity by providing the infrastructure needed for smooth and efficient data processing, storage, and transport. As a result, data center development has evolved into a strategic investment to support and capitalize on the increasing internet landscape.

Data Center Construction Market Report Segmentation Analysis

Key segments that contributed to the derivation of the data center construction market analysis are types of construction, tier standards, and industry verticals.

  • Based on types of construction, the data center construction market is segmented into general construction, electrical design, and mechanical design.
  • By tier standards, the market is segmented into tier 1 and tier 2, tier 3, and tier 4.
  • In terms of industry verticals, the market is segmented into BFSI, government, education, manufacturing, retail, transportation, media & entertainment, and others.

Data Center Construction Market Share Analysis by Geography

The geographic scope of the data center construction market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. North America has a healthy economy, and with advanced network infrastructure, it is essential driver of industry growth. The US dominates the regional market, with numerous major cloud service providers such as Amazon.com, Google Inc., and Facebook. These organizations engage in creating gigantic data centers and expanded data storage and processing capabilities, which provide enormous market opportunities.

Data Center Construction Market Report Scope

Report Attribute Details
Market size in 2022 US$ 234.85 Billion
Market Size by 2030 US$ 448.14 Billion
Global CAGR (2022 - 2030) 8.4 %
Historical Data 2020-2021
Forecast period 2022-2030
Segments Covered By Types of Construction
  • General Construction
  • Electrical Design
  • Mechanical Design
By Tier Standards
  • Tier 1 and Tier 2
  • Tier 3
  • Tier 4
By Industry Verticals
  • BFSI
  • Government
  • Education
  • Manufacturing
  • Retail
  • Transportation
  • Media & Entertainment
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Ascenty
  • Acer Inc.
  • Cisco Systems, Inc.
  • Dell Inc.
  • Fujitsu
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • IBM
  • Lenovo
  • Oracle
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Data Center Construction Market News and Recent Developments

    The data center construction market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

    • In January 2023, TSL was awarded a contract to build its own data center in Offenbach as part of a $2 billion investment by US real estate investor Vantage in data center building in Europe. Following the initial stage of development, the Vantage Data Centre will have a capacity of 16 MW. The campus will have three multistory data centers with a maximum IT capacity of 55 MW rated electricity and an overall size of 60,000 m2.

    (Source: TSL, Company Website, 2023)

    • In April 2023, Microsoft announced the opening of its new trusted cloud center in Poland, the first in Central and Eastern Europe. Microsoft Poland's cloud area is made up of three physical locations near Warsaw, each with one or more data centers. It ensures that data is held in a jurisdiction that meets the greatest levels of security, privacy, and regulatory compliance.

    (Source: Microsoft, Company Website, 2023)

    Data Center Construction Market Report Coverage and Deliverables

    The "Data Center Construction Market Size and Forecast (2023–2030)" report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter's Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Type of Construction, Tier Standard, Industry Vertical

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What will be the market size of the global data center construction market by 2031?

    The global data center construction market is expected to reach US$ 375.21 billion by 2031.

    Which are the key players holding the major market share of the data center construction market?

    The key players holding the majority of shares in the global data center construction market are Acer Inc., Cisco Systems, Inc., Dell Inc., Fujitsu, and Hewlett Packard Enterprise Development LP.

    What are the future trends of the global data center construction market?

    Growing cloud applications, big data, and AI to play a significant role in the global data center construction market in the coming years.

    What are the driving factors impacting the global data center construction market?

    Large enterprises are increasingly using hyperscale data centers are the major factors that propel the global data center construction market.

    What is the estimated market size for the global data center construction market in 2022?

    The global data center construction market was estimated to be US$ 217.20 billion in 2023 and is expected to grow at a CAGR of 7.1% during the forecast period 2023 - 2031.

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