PUBLISHER: Lucintel | PRODUCT CODE: 1387464
PUBLISHER: Lucintel | PRODUCT CODE: 1387464
Data Center Construction Trends and Forecast
The future of the global data center construction market looks promising with opportunities in the BFSI, IT and telecommunications, government and defense, and healthcare markets. The global data center construction market is expected to reach an estimated $72.3 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising data usage and need for cloud computing among enterprises, growing dependence on e-commerce systems, which calls for powerful data processing and storing capacities, along with increasing utilization of the internet of things (IoT) devices.
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Data Center Construction by Segment
The study includes a forecast for the global data center construction by size of data center, end use, and region.
Data Center Construction Market by Size of Data Center [Shipment Analysis by Value from 2018 to 2030]:
Data Center Construction Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Data Center Construction Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Data Center Construction Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies data center construction companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the data center construction companies profiled in this report include-
Data Center Construction Market Insights
Lucintel forecasts that large-scale data center will remain the larger segment over the forecast period because they are designed to handle several clients and a variety of computing requirements.
North America will remain the largest region over the forecast period due to growing usage of cloud-based services, particularly in the region's startups and SMEs.
Features of the Global Data Center Construction Market
Market Size Estimates: Data center construction market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Data center construction market size by size of data center, end use, and region in terms of value ($B).
Regional Analysis: Data center construction market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different size of data center, end use, and regions for the data center construction market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the data center construction market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the data center construction market size?
Answer: The global data center construction market is expected to reach an estimated $72.3 billion by 2030.
Q2. What is the growth forecast for data center construction market?
Answer: The global data center construction market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the data center construction market?
Answer: The major drivers for this market are rising data usage and need for cloud computing among enterprises, growing dependence on e-commerce systems, which calls for powerful data processing and storing capacities, along with increasing utilization of the internet of things (IoT) devices.
Q4. What are the major segments for data center construction market?
Answer: The future of the global data center construction market looks promising with opportunities in the BFSI, IT and telecommunications, government and defense, and healthcare markets.
Q5. Who are the key data center construction market companies?
Answer: Some of the key data center construction companies are as follows:
Q6. Which data center construction market segment will be the largest in future?
Answer: Lucintel forecasts that large-scale data center will remain the larger segment over the forecast period because they are designed to handle several clients and a variety of computing requirements.
Q7. In data center construction market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing usage of cloud-based services, particularly in the region's startups and SMEs.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.