Data Center Construction Market Growth Drivers 2022, Industry...

Data Center Construction Market Growth Drivers 2022, Industry Share Size, Global Demand, Emerging Trends, Opportunities, Key Players Strategies and SWOT Analysis 2030

Posted 2023-04-24 06:58:04

Data Center Construction Market Insights

Data center construction involves the planning, designing, and building of facilities that house computer systems and related components, such as telecommunications and data storage equipment.

Data Center is a state-of-the-art room cast-off to manage IT-related computer systems and equipment. The construction of the data center permits air circulation under the floor and the tiles. With substantial growth in internet usage, advanced software development, and installation system and an upsurge in the number of devices connected to the public and private networks followed by a growing amount of data. COVID-19 has impacted the data center construction market. The inadequate investment costs and absence of employees hindered sales and production of data center construction. However, the government and market key players accepted new safety measures for developing the practices. The advancements in technology intensified the growth rate of the data center construction market as it targeted the right audience. The data center construction market is anticipated to regain its pace during the post-pandemic scenario due to the easing of the restrictions.

The construction process involves several stages, including site selection, land purchase, design and engineering, construction, and commissioning. The design and engineering phase involves determining the cooling and power requirements of the facility, the layout of the servers and other equipment, and the security measures needed to protect the data.

During construction, various types of equipment are installed, including air conditioning and ventilation systems, backup generators, and uninterruptible power supplies. The construction materials used are often chosen for their fire resistance and durability, and the facility may incorporate energy-efficient features to reduce operating costs.

Data Center Construction Market Size was valued at USD 26.23 billion in 2021. The Data Center Construction market industry is projected to grow from USD 28.81 billion in 2022 to USD 58.33 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.2% during the forecast period (2022 - 2030).

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Regional Analysis

North America is dominating the data center construction market Owing to the adoption of new technologies and an upsurge in investments in metro infrastructure within the region.

Asia-Pacific is anticipated to witness significant growth during the forecast period of 2022 to 2030 because of the rush in investments in the region.

Market Segmentation

The global Data Center Construction Market has been segmented into Design type, Tier type, and Verticals

Based on the Design Type, The Global Data Center Construction Market has been segmented into Electrical Construction and Mechanical Construction

Based on the Tier Type, The Global Data Center Construction Market has been segmented into Tier 1, Tier 2, Tier 3, and Tier 4

Based on the Verticals, The Global Data Center Construction Market has been segmented into BFSI, IT & Telecommunication, Media & Entertainment, Oil & Energy, Public Sector

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Key Players

Some of the key market players are AECOM (U.S.), Arup Group (U.K.), Structure Tone (U.S.), Jones Engineering Group (Ireland), HDR Architecture (U.S.), Corgan Associates Inc. (U.S.), Holder Construction Group (U.S.), Gensler (U.S.), Syska Hennessy Group (U.S.), DPR Construction (U.S.), and Turner Construction Company (U.S.)

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