Data Center Construction Market Industry Outlook, Size, Growth Factors and Forecast 2030
Data Center Construction Market:size was valued at US$ 249.57 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.4% from 2023 to 2029, reaching nearly US$ 385.30 Bn.
Data Center Construction Market Overview
The report serves as a comprehensive guide for investors, stakeholders, and market followers of the Data Center Construction Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the Data Center Construction industry’s future outlook.
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Data Center Construction Market Report Scope and Research Methodology
The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the Data Center Construction Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.
Data Center Construction Market Regional Insights :
The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for Data Center Construction . The report encompasses a com Data Center Construction itive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.
Data Center Construction Market Segmentation :
The market is divided into two segments based on the size of the data centre: large scale data centres and small and medium scale data centres. By 2029, the Large Scale Data Centre segment is anticipated to command the highest market share of xx%. Numerous industries use large scale data centres to increase memory, processing power, networking infrastructure, and storage capacity. Among the features of large-scale data centres are the distribution networks and physical infrastructure that allow for optimal cooling efficiency and the capacity to grow computer operations effectively.
In addition, the market for data centre equipment that complies with the Open Compute Project is expanding. OCP offers cutting-edge cooling options for next-generation data centres’ fast increasing power consumption and computing density.
Public Sector, Oil & Energy, Media & Entertainment, IT & Telecommunication, Banking, Financial Services, Insurance (BFSI), and Others are the market segments based on the End-User. The IT and telecommunications segment is anticipated to expand at a compound annual growth rate (CAGR) of xxx% from 2022 to 2029. This is a result of the widespread use of smartphones throughout the world and the rise in internet users. The segment’s success in leading the market in 2022 was also aided by the ongoing rollout of 5G networks, and this pattern is anticipated to persist throughout the forecast period. Over the course of the forecast period, the growth of the segment is anticipated to be propelled by the ongoing adoption of Software-Defined Networks (SDN) and Network Function Virtualization (NFV) as applications to facilitate online gaming, M2M communication, and OTT Platforms. IoT, cloud computing.
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
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Key Offerings:
- Past Market Size and Com Data Center Construction itive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Com Data Center Construction itive Landscape – Profiles of selected key players by region from a strategic perspective
- Com Data Center Construction itive landscape – Market Leaders, Market Followers, Regional player
- Com Data Center Construction itive 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, com Data Center Construction ition analysis, production and demand analysis, and client impact studies.
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