Data Center Construction Global Market 2023: Sector to Reach $80.7 Billion by 2028 at a CAGR of 7.81%
DUBLIN, March 29, 2023 /PRNewswire/ -- The "Data Center Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global data center construction market size reached US$ 51.4 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 80.7 Billion by 2028, exhibiting a CAGR of 7.81% during 2022-2028.
DPR construction Inc.
Eaton Corporation Inc.
Holder Construction Company
Rittal GmbH & Co. KG
Schneider Electric SE
Turner Construction and Vertiv Group Corporation
Data center construction refers to the collective process of physically constructing a data center facility. The primary focus is on designing and building a data center with the required capacity, disaster tolerance systems and efficient design to perform all the necessary functions.
The infrastructure usually consists of backup power supplies, data communication connections, security devices and air conditioning and fire suppression systems. This ensures that all the resources are optimally utilized, and all the environmental factors are taken into consideration.
Significant growth in the IT industry is one of the key factors creating a positive outlook for the market. The rising penetration of connected devices and convenient access to the Internet have increased the demand for data storage systems across the globe.
Furthermore, widespread utilization of big data analytics, cloud-based systems and the Internet of Things (IoT) for computing videos, audio and other formats of data is also driving the market growth. Large data centers are increasingly being constructed across various sectors for enhancing computing ability, memory, networking infrastructure and storage resources.
Additionally, increasing emphasis on the construction of green data centers is acting as another growth-inducing factor. Green data centers use low-emission building materials that aid in creating sustainable ecosystems and ensure efficient waste recycling. Other factors, including the increasing adoption of liquid cooling technology and direct-to-chip cooling server racks to prevent overheating in data centers, along with extensive infrastructural developments, are expected to drive the market further.
Key Questions Answered in This Report
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 2023-2028?
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?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Data Center Construction Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Construction Type
6.1 Electrical Construction
6.1.1 Market Trends
6.1.2 Market Breakup by Component Type
6.1.3 Market Forecast
6.2 Mechanical Construction
6.2.1 Market Trends
6.2.2 Market Breakup by Component Type
6.2.3 Market Forecast
7 Market Breakup by Data Center Type
7.1 Mid-Size Data Centers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Enterprise Data Centers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Large Data Centers
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Tier Standards
8.1 Tier I & II
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Tier III
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Tier IV
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Vertical
9.1 Public Sector
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Oil & Energy
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Media & Entertainment
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 IT & Telecommunication
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Banking, Financial Services and Insurance (BFSI)
9.5.1 Market Trends
9.5.2 Market Forecast
9.6.1 Market Trends
9.6.2 Market Forecast
9.7.1 Market Trends
9.7.2 Market Forecast
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/23wd86
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