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(Wireless-NewsWire.Com, July 27, 2024 ) As per Maximize Market research, the Data Center Construction Market size was valued at USD 254.7 Bn. in 2023, and the total revenue is expected to grow by 6.40 percent from 2024 to 2030, reaching nearly USD 393.21 Bn.
Data Center Construction Market is vital for creating specialized facilities that support data processing, storage, and management. Growth is driven by the increasing demand for data storage, cloud computing, and digital services. Key construction processes include site selection, design, and installation, followed by hard testing and maintenance. Factors such as the rise of AI, IoT, and secure infrastructure needs fuel demand.
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North America leads the market due to significant hyperscale investments, while Asia Pacific shows rapid growth. The rise of colocation facilities, offering shared data center spaces, also drives market expansion. Major players like Amazon, Google, and Facebook are key investors in this market, reflecting its critical role in supporting global digital infrastructure.
Data Center Construction Market Segmentation:
By Design Type
Electrical Construction
Mechanical Construction
General Construction
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By Size of Data Center
Small and Medium Scale Data Center
Large Scale Data Center
By End User
Public Sector
Oil & Energy
Media & Entertainment
IT & Telecommunication
Banking, Financial Services, Insurance (BFSI)
Others
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Data Center Construction Market Key Players:
Corgan Associates, Inc.
Holder Construction
Turner Construction
DPR Construction
Structure Tone
Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:
Data Center Networking Market size was valued at USD 24.50 Bn in 2023 and is expected to reach USD 55.53 Bn by 2030, at a CAGR of 12.4% from forecast 2024 to 2030.
Data Center Automation Software and Services Market size is expected to reach nearly US $ 42.76 Bn by 2030 with the CAGR of 18.97% during the forecast period.
About Maximize Market Research
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