Data Center Construction Market Key Vendors, Key Segment, Key Companies, Growth Opportunities by 2022-2030
Data Center Construction Market Insights
Data center construction refers to the process of designing and building facilities specifically intended to house computer systems and associated components, such as telecommunications and storage systems. These facilities can range from small server rooms to massive data centers, and include features such as appropriate power, cooling, and security infrastructure to maintain reliable operation of the computer systems housed within them. Construction of data centers involves coordinating and integrating various specialized systems and subsystems, such as electrical and mechanical infrastructure, networking, and environmental controls, to provide a reliable and secure operating environment for the computer equipment. A well-designed and well-built data center will be able to operate continuously, with minimal downtime, and will provide a high degree of security and reliability for the services it supports.
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 Forecast. 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.
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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