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Global Data Center Construction Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Data Center Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and For ecast 2023-2028
," the global data center construction market size reached US$ 51.4 Billion in 2022.
Data center construction involves planning, engineering, project management, preventative maintenance and building data centers. It primarily focuses on designing data centers that are disaster tolerant, require minimal wiring and can accommodate all servers and equipment for current and perceived future use. The construction of data centers is a complex and time-consuming process that plays an essential role in managing IT-related systems and equipment for an organization.
The demand for new data centers is further increasing with the rising number of devices connected to various public and private networks, advanced software development, and installation systems, which are driving organizations to adopt advanced storage and processing solutions.
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The global data center construction market is primarily driven by the growth of the IT sector and the increasing penetration of connected devices. Data center construction consists of backup power supplies, data communication connections, security devices, air conditioning, and fire suppressants. These components aid in improving the computing ability, memory, storage resources, and networking infrastructure. The rising Internet of Things (IoT) applications, demand for cloud-based services, and development of edge computing are positively impacting the market growth.
Besides this, green data centers are increasingly gaining prominence due to the utilization of lowemission building materials that help create sustainable ecosystems. Furthermore, leading public cloud providers, such as Microsoft, Google, and Amazon, are continuously investing in the construction of high-end IT infrastructure using liquid cooling technology and direct-to-chip cooling server racks to prevent overheating in data centers.
Looking forward, the market is expected to grow at a CAGR of 8.7% during the forecast period (20232028). View Report TOC, Figures and Tables: https://www.imarcgroup.com/data-center-construction-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Construction Type:
• Electrical Construction
o UPS
o Rach Power Distribution Unit (PDU)
o Generators
o Transfer Switches and Switchgears
o Others
• Mechanical Construction
o Cooling Systems
o Racks
o Others
Breakup by Data Center Type:
• Mid-Size Data Centers
• Enterprise Data Centers
• Large Data Centers
Breakup by Tier Standards:
• Tier I & II
• Tier III
• Tier IV
Breakup by Vertical:
• Public Sector
• Oil & Energy
• Media & Entertainment
• IT & Telecommunication
• Banking, Financial Services and Insurance (BFSI)
• Healthcare
• Retail
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• AECOM
• DPR construction Inc
• Eaton Corporation Inc
• Fujitsu Limited
• Holder Construction Company
• Legrand SA
• Rittal GmbH & Co. KG
• Schneider Electric SE
• Tripp Lite
• Turner Construction
• Vertiv Group Corporation
1. What was the size of the global data center construction market in 2022?
2. What is the expected growth rate of the global data center construction market during 20232028?
3. What are the key factors driving the global data center construction market?
4. What has been the impact of COVID-19 on the global data center construction market?
5. What is the breakup of the global data center construction market based on the construction type?
6. What is the breakup of the global data center construction market based on the data center type?
7. What is the breakup of the global data center construction market based on the tier standards?
8. What is the breakup of the global data center construction market based on the vertical?
9. What are the key regions in the global data center construction market?
10. Who are the key players/companies in the global data center construction market?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/data-center-construction-market/toc
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