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Data Center Construction - Global Strategic Business Report

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    Report

  • 907 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139751
The global market for Data Center Construction was valued at an estimated US$229.0 Billion in 2023 and is projected to reach US$371.7 Billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the data center construction market is driven by several factors, particularly the expansion of digital transformation strategies across industries. The widespread adoption of Internet of Things (IoT) devices, big data analytics, and artificial intelligence (AI) technologies necessitates more advanced and larger data centers to handle increased workloads with high efficiency.

Consumer behavior trends, such as increased online shopping, remote work, and video streaming, further amplify the demand for data processing and storage capabilities. Regulatory requirements around data sovereignty and privacy also contribute to the construction of new data centers, as businesses must ensure their data handling practices comply with local laws. Moreover, the rise of edge computing, which requires data to be processed closer to the end-user, prompts the development of regional data centers. These trends, combined with the ongoing need to upgrade older facilities to newer technologies and standards, continue to propel the growth and evolution of the data center construction industry.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Tier 3 Data Center segment, which is expected to reach US$201.4 Billion by 2030 with a CAGR of a 8.2%. The Tier 2 Data Center segment is also set to grow at 6.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $80.0 Billion in 2023, and China, forecasted to grow at an impressive 11.1% CAGR to reach $40.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Data Center Construction Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Data Center Construction Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Data Center Construction Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ABB Ltd., Aecom, Ascenty, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 208 Featured):

  • ABB Ltd.
  • Aecom
  • Ascenty
  • Cisco Systems, Inc.
  • Clayco, Inc.
  • Dell Inc.
  • DPR Construction
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Development LP
  • HITT Contracting, Inc.
  • Hoffman Construction
  • Holder Construction Group, LLC
  • HostDime Global Corp.
  • Huawei Technologies Co., Ltd.
  • IBM Corp.
  • M. A. Mortenson Company
  • Schneider Electric SE
  • STO Building Group
  • Turner Construction
  • Vertiv Group Corp.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Data Centers as the Backbone of Modern Digital Economy Provides the Foundation for the Growth in Data Center Construction Projects
  • Digital Transformation Ignites a Construction Boom for Data Centers: Global Spending on Digital Transformation (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
  • Global Economic Update
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Global Inflation Rates (In %) for the Years 2019 through 2024
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Competition
  • Data Center Construction - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • World Brands
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Explosive Growth of E-Commerce Drives Demand for Data Centers. Here’s Why
  • Bridging Growing E-Commerce Bytes With Bricks, New Data Center Construction Takes Center Stage in the Exploding E-Commerce Industry: Global E-Commerce Market (In US$ Trillion) for Years 2023, 2025, 2027, 2029 and 2031
  • The Rise of On-Demand Streaming Drives the Need for New Data Centers
  • On-Demand Streaming Surge Sparks New Opportunities for Data Center Construction: Global Opportunity for Video On-Demand (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
  • Growing IoT Ecosystem Exerts Pressure on Data Center Capacity, Driving the Need for New Data Center Construction
  • IoT Expansions Meet Stone and Steel as New Data Centers Emerge for a Better Connected Tomorrow: Global M2M/IoT Connections (In Billion) for Years 2022, 2024, 2026, 2028 and 2030
  • Rising Adoption of Digital Banking & Financial Services Push Up the Need for Additional Data Center Infrastructure
  • Navigating the Surge in Data Center Needs Amidst Financial Digitization Through New Construction Projects: Global Market for Digital Banking (In US$ Million) for Years 2023, 2025 and 2027
  • As Plug & Play Data Centers Emerge to be the Future of Data Centers, Prefabricated & Modular Construction Strategies Rise in Parallel Popularity
  • Supported by Speed-to-Market Benefits, Data Center Construction Shifts to Pre-Fabricated Designs
  • Edge Computing Induced Rise in Micro Data Centers Makes Modular Construction Ideas Attractive
  • With Computing Moving to the Edge, Data centers are also Moving to the Edge at Faster Time-to-Market Velocity, Giving the Concept of Modularity a Shot in the Arm: Global Opportunity for Edge Computing (In US$ Million) for Years 2021, 2023, 2025 and 2027
  • The Skyward Surge. Cloud Computing Catalyzes Data Center Demand
  • There’s a Symbiotic Surge Between Cloud Computing Demands and Data Center Developments: Global Market for Cloud Computing Services (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
  • AI Emerges as a Gamechanger in Data Center Construction. Here’s How
  • Sustainability in Data Center Construction Takes the Spotlight
  • As Global Pollution Continues to Rise, Sustainable Data Centers Will Become More Indispensable & Omnipresent: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020, 2021, 2022 & 2023
  • Sustainable Building Materials for Data Center Construction Grows in Prominence
  • Stringent Regulations Drive Up the Importance of Due Diligence in Data Center Construction
  • Applying LEED to Data Center Projects Becomes Mission Critical. Here’s Why
  • Decision to Use Renewable Energy in Data Centers Begins at the Construction Stage
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Data Center Construction Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Data Center Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Data Center Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Data Center Construction by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Tier 3 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Tier 3 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Tier 3 by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Tier 2 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Tier 2 by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Tier 2 by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Tier Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Other Tier Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Other Tier Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for IT Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for IT Infrastructure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for IT Infrastructure by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Power Distribution & Cooling by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Power Distribution & Cooling by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Power Distribution & Cooling by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Other Infrastructure Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Other Infrastructure Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Other Infrastructure Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for IT & Telecom by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Government & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Government & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Government & Defense by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 36: World Historic Review for Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 37: World 16-Year Perspective for Energy by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 38: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 39: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 40: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Data Center Construction Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Data Center Construction Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Data Center Construction Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Data Center Construction Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Data Center Construction Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Aecom
  • Ascenty
  • Cisco Systems, Inc.
  • Clayco, Inc.
  • Dell Inc.
  • DPR Construction
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Development LP
  • HITT Contracting, Inc.
  • Hoffman Construction
  • Holder Construction Group, LLC
  • HostDime Global Corp.
  • Huawei Technologies Co., Ltd.
  • IBM Corp.
  • M. A. Mortenson Company
  • Schneider Electric SE
  • STO Building Group
  • Turner Construction
  • Vertiv Group Corp.

Table Information