Data Center General Construction Market to grow by USD 10.24 billion from 2022 to 2027 | Increase in investment in data centers to boost market growth - Technavio

NEW YORK, Aug. 21, 2023 /PRNewswire/ -- The data center general construction market is projected to progress at a CAGR of 10.26 % between 2022 and 2027, the size of the market is forecast to increase by USD 10,249.4 million during the forecast period. An increase in investment in data centers has been a key driver for the growth of the data center general construction market. The growing use of cloud services and the generation of massive amounts of data in every enterprise has increased the need for data centers. Google, Amazon.com, Apple, and Facebook have invested heavily in building their own data centers. They rely on general contractors for design and engineering services. For example, Amazon.com Inc. announced plans to open a cloud data center in Indonesia. Therefore, increasing investment in building data center facilities by companies such as Facebook, Amazon.com, Apple, and Google will increase the demand for design and construction management services. Hence, these factors are expected to drive market growth during the forecast period. For further information on Market growth and size -Request a sample report

Data Center General Construction Market – Market Dynamics

Major Trends

Focus on the construction of green data centers is a major trend in the market. Green data centers are built to minimize environmental impact as they are considered energy efficient. These centers create a sustainable ecosystem through efficient waste recycling and using low-emission building materials. In addition, these centers also require advanced technologies and strategies to build and operate a green data center.

Flipkart, for example, has announced plans to open its second green data center in Telangana, India. This center will help to strengthen its technological infrastructure. The various measures implemented in data centers to improve efficiency and performance are the use of renewable energy sources, free cooling, and waste recycling.

Major Challenges- One of the significant challenges hindering the growth is the need to meet the contractual schedule and performance requirements that the vendors in the market have guaranteed.  

Further information on trends  – Request a sample report

Other Key Data Covered in Data center general construction market report- 

• Detailed information on factors including driver details. 
• Market Segmentation by Type (base building shell construction, architecture planning, and designing), end-user (BFSI, government, manufacturing, media and entertainment, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa) 
• Precise estimation of the data center's general construction market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Comprehensive analysis of factors that will challenge the growth of crowdfunding market companies.
• A thorough analysis of the market's competitive landscape and detailed information about companies
• Growth of the industry across APAC, North America, Europe, Middle East and Africa, and South America
• CAGR of the market during the forecast period

Download the Sample Report to get an overview of market size, comparing historical market values with future estimates, analysis of segmentation, current market dynamics, competitive intelligence with key developments, and growth strategies of major players.

Data Center General Construction Market - Company Analysis and Scope

Some of the major companies in the data center general construction market are ABB Ltd., AECOM, Arup Group Ltd., Brasfield and Gorrie LLC, CORGAN, CyrusOne Inc., Digital Realty Trust Inc., DPR Construction Inc., HDR Inc., Jacobs Engineering Group Inc, Jones Engineering Holdings Ltd., Legrand SA, M. A. Mortenson Co., Page Southerland Page Inc., Schneider Electric SE, Skanska AB, STO Building Group, The Walsh Group, Turner Construction Co., and Vertiv Holdings Co.

Company Offerings

• DPR Construction Inc- The company offers data center general construction solutions such as FRA12 and Prineville.
• AECOM - The company offers data center general construction solutions such as design management, contract development, and quantity surveying.
• ABB Ltd. - The company offers data center general construction solutions such as power distribution, smart automation, and server room solutions.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports

The green data center market is estimated to grow at a CAGR of 24.63% between 2022 and 2027. The market size is forecast to increase by USD 146.95 billion. This green data center market report extensively covers market segmentation by component (IT infrastructure, power solutions, general construction, cooling solutions, and monitoring and management), end-user (BFSI, energy, IT and telecom, and healthcare and others), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The increasing electricity consumption and cost are notably driving green data center market growth.

China Data Center Market is estimated to grow by USD 101,794 million between 2022 and 2027 accelerating at a CAGR of 27.22% during the forecast period. This data center market in China report extensively covers market segmentation by component (IT infrastructure, power management, mechanical construction, general construction, and others), and end-user (BFSI, telecom and IT, government, energy and utilities, and others). The rising demand for hyper-converged data centers is notably driving market growth.

Table of Contents

Executive Summary

Market Landscape

Market Sizing

Historic Market Size

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by End-user

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio