The North America data center construction market size reached USD 23.03 Billion in 2024. The market is projected to grow at a CAGR of 9.30% between 2025 and 2034, reaching almost USD 56.04 Billion by 2034.
Financial institutions, including investment firms, banks, and insurance companies, heavily depend on data centers to effectively handle and analyse large volumes of data related to their day-to-day activities. These data centers act as the backbone of their digital infrastructure, providing the necessary computing power, storage capacity, and network connectivity to handle the immense volume of financial transactions, customer information, and market data. This is expected to accelerate the North America data center construction market growth in the forecast period.
The United States is expected to dominate the North America data center construction market share due to several factors. Firstly, there is a growing demand for secure and dependable data storage in the country. With the increasing reliance on digital technologies and the exponential growth of data, businesses and organisations require robust data centers to store and manage their information securely.
Additionally, the need for quicker and more effective data processing is driving the construction of data centers in the United States. As businesses strive to analyse and utilise data in real-time, the construction of data centers with advanced infrastructure and high-speed connectivity is becoming crucial. This enables faster data processing and reduces latency, allowing businesses to make informed decisions and respond swiftly to market changes.
Financial institutions, including investment firms, banks, and insurance companies, heavily depend on data centers to effectively handle and analyse large volumes of data related to their day-to-day activities. These data centers act as the backbone of their digital infrastructure, providing the necessary computing power, storage capacity, and network connectivity to handle the immense volume of financial transactions, customer information, and market data. This is expected to accelerate the North America data center construction market growth in the forecast period.
The United States is expected to dominate the North America data center construction market share due to several factors. Firstly, there is a growing demand for secure and dependable data storage in the country. With the increasing reliance on digital technologies and the exponential growth of data, businesses and organisations require robust data centers to store and manage their information securely.
Additionally, the need for quicker and more effective data processing is driving the construction of data centers in the United States. As businesses strive to analyse and utilise data in real-time, the construction of data centers with advanced infrastructure and high-speed connectivity is becoming crucial. This enables faster data processing and reduces latency, allowing businesses to make informed decisions and respond swiftly to market changes.
Market Segmentation
North America Data Center construction Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Infrastructure:
- Electrical Infrastructure
- UPS Systems
- Others
- Mechanical Infrastructure
- Cooling Systems
- Racks
- Others
- General Infrastructure
Market Breakup by Size:
- Small and Medium-Size Data Center
- Large-Size Data Center
Market Breakup by Type:
- Tier I and II
- Tier III
- Tier IV
Market Breakup by End Use:
- BFSI
- IT and Telecom
- Government and Defence
- Healthcare
- Others
Market Breakup by Country:
- United States of America
- Canada
Competitive Landscape
The key North America data center construction market players are:
- IBM Corp.
- PCL Constructors Inc.
- DPR Construction
- Clune Construction Company
- Jacobs Solutions Inc.
- HITT Contracting Inc.
- J.E. Dunn Construction Company
- HOCHTIEF AG (Turner Construction Company)
- Hensel Phelps
- AECOM
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Data Center Construction Market Overview
6 North America Data Center Construction Market Overview
7 North America Data Center Construction Market by Infrastructure
8 North America Data Center Construction Market by Size
9 North America Data Center Construction Market by Tier Type
10 North America Data Center Construction Market by End Use
11 North America Data Center Construction Market by Country
12 Market Dynamics
13 Competitive Landscape
Companies Mentioned
- IBM Corp.
- PCL Constructors Inc.
- DPR Construction
- Clune Construction Company
- Jacobs Solutions Inc.
- HITT Contracting Inc.
- J.E. Dunn Construction Company
- HOCHTIEF AG (Turner Construction Company)
- Hensel Phelps
- AECOM
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 23.03 Billion |
| Forecasted Market Value ( USD | $ 56.04 Billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
