Global Data Center Construction Market Share, Cost Analysis, and Competitive Environment 2023-2029

Data Center Construction Market Overview

Maximize Market Research has unveiled a highly informative report on the Data Center Construction Market. The research adopts a comprehensive and basic approach to analysing the market, taking into account subjective factors that can offer readers vital business perspectives. The report's market overview lets stakeholders explore the value chain structure, geographical analysis, applications, market size, and forecast. 

The Data Center Construction Market, valued at USD 249.57 billion in 2022, is set for robust growth, with the total revenue expected to reach nearly USD 385.30 billion by 2029, reflecting a CAGR of 6.4% during the forecast period.

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Data Center Construction Market Report Scope and Research Methodology

The report primarily focuses on identifying major companies' key drivers and restraints, alongside a comprehensive evaluation of current competitive benchmarking and development prospects. The report offers a detailed analysis of the Data Center Construction market trends, future insights, and recent market changes, encompassing demand chain, supply chain, and sales aspects. The report also includes vital information such as Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product in the Data Center Construction market research. 

Market Dynamics:

Cloud Services and Healthcare IT: The surge in cloud service utilization and the adoption of software-defined data centers in healthcare are driving factors. With healthcare expenditure expected to rise significantly, the need for modern IT infrastructure is crucial.

Government Initiatives: Governments, particularly in North America, are incentivizing data center construction, leading to increased competition in the market. Legislation such as tax incentives in states like Texas is a significant factor for data center operation.

COVID-19 Impact: The pandemic affected data center capacity expansion due to supply chain disruptions. However, increased data network traffic from remote work and virtual communication platforms like Zoom, Microsoft Office, etc., had an influence.

Data Center Construction Market Regional Insights

In-depth assessment of the growth trend is done in the global Data Center Construction market report according to regions. The report strategically segments the major regions, such as North America, Asia Pacific, Europe, South America, and the Middle East and Africa, all of which play a pivotal role in shaping the Data Center Construction market at a global level.

North America (Expected to dominate): Active investments in hyperscale projects and the presence of major cloud service providers contribute to North America's substantial revenue share.

Asia Pacific (Expected to grow rapidly): Continuous investments by cloud service providers and hyperscale companies, such as Amazon's substantial investment in India, are key growth drivers.

Market Scope:

• Base Year: 2022
• Forecast Period: 2023-2029
• Historical Data: 2018 to 2022
• Market Size in 2022: USD 249.57 billion
• Market Size in 2029: USD 385.30 billion

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Data Center Construction Market Segmentation

• Design Type:
  • Electrical Construction
  • Mechanical Construction
  • General Construction
• Tier Type:
  • Tier 1
  • Tier 2
  • Tier 3
  • Tier 4
• Size of Data Center:
  • Small and Medium Scale Data Center
  • Large Scale Data Center
• End-User:
  • Public Sector
  • Oil & Energy
  • Media & Entertainment
  • IT & Telecommunication
  • Banking, Financial Services, Insurance (BFSI)
  • Others

Data Center Construction Market Key Players

1. Corgan Associates, Inc.
2. Holder Construction
3. Turner Construction
4. DPR Construction
5. Structure Tone
6. Mortenson Construction
7. Gilbane Inc.
8. Balfour Beatty US
9. Hensel Phelps
10.Hoffman Construction
11.HITT Contracting
12.Fluor Corporation
13.IMC Construction
14.Pepper Construction
15.FORTIS Construction Inc.
16.AECOM
17.Schneider Electric
18.M. A. Mortenson Company
19.Brasfield & Gorrie, L.L.C.
20.Currie & Brown Holdings Limited
21.Fortis Construction
22.Jacobs
23.ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD

Key questions answered in Data Center Construction Market are:

• What is the current growth rate of the Data Center Construction Market?  
• Who are the key players in the Data Center Construction Market?
• What are the factors affecting growth in the Data Center Construction Market? 
• What are the global trends in the Data Center Construction Market?
• What is the expected demand for different types of products in the Data Center Construction Market during the forecast period?

For detailed insights and methodology, please visit our report:https://www.maximizemarketresearch.com/market-report/global-data-center-construction-market/64138/

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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