General Construction Data Center Size Grows USD 8.76 Billion | Increase in data center investments to drive growth

NEW YORKJune 29, 2022 /PRNewswire/ — The latest report on Technavio’s overall data center construction market report concludes that the increase in data center investment is fueling the growth of this market, resulting in the market growth of USD 8.76 billion from 2020 to 2025.

Technavio has announced its latest market research report titled Data Center General Construction Market by Type and Geography - Forecast and Analysis 2021-2025.

Technavio has announced its latest market research report titled Data Center General Construction Market by Type and Geography – Forecast and Analysis 2021-2025.

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Supplier landscape

The overall data center construction market is fragmented and the vendors are adopting growth strategies such as providing construction services and managed hosting services at affordable prices to compete in the market. ABB Ltd., AECOM, Arup Group Ltd., DPR Construction, Gensler. mr. Arthur Gensler Jr. & Associates Inc., Holder Construction Group LLC, Schneider Electric SE, Turner Construction Co. and Vertiv Holdings Co., among others, are some of the few major suppliers competing with each other to maintain their foothold in the market. The key offerings from some of the major suppliers are listed below:

  • ABB Ltd. † The company provides a wide range of services, such as intelligent grid connection, data center power distribution, smart data center automation and other services.

  • AECOM- The company provides design management, contract development, quantity surveying and other services.

  • Arup Group Ltd. † The company provides mission-critical facilities for data centers, including architecture, sustainability consulting and construction engineering.

To learn about the extensive list of suppliers and their offerings. View a sample report

Main Market Segmentation

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Regional Market Outlook

North America will contribute 38% of the market growth over the forecast period. The growth of this region can be attributed to the increasing adoption of cloud services by various IT companies. If we look at market growth by country, the US and Canada will contribute to the largest market growth.

Download our sample report for more key highlights on the regional market share of most of the above countries.

Latest trends and Drivethere in the Data center general hardware store

The need for data centers is growing with the increasing adoption of cloud services and the generation of large amounts of data across enterprises. Some companies, such as Google, Amazon.com, Apple and Facebook, are investing in building their own data centers.

Many companies have started to expand their cloud operations to different regions. For example, in September 2019OpenGov announced a plan to invest USD 51 million to improve its cloud-based IT services for US government and civil society organizations. Thus, increasing interest in cloud computing, due to its advantages such as zero initial investment and high security, is driving the growth of the global general data center construction market.

Find additional information on various other market drivers and trends mentioned in our sample report

Related reports:

Data Center Interconnect Solutions Market by End User and Geography – Forecast and Analysis 2022-2026

Hyperscale Data Center Market by Infrastructure and Geography – Forecast and Analysis 2022-2026

Scope of the General Data Center Construction Market

Reporting coverage

Details

page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.14%

Market growth 2021-2025

USD 8.76 billion

Market structure

fragmented

YoY Growth (%)

8.73

Regional analysis

North America, Europe, APAC, South America and MEA

Performing Market Contribution

North America at 38%

Main consumer countries

USA, Canada, China, Germany and Japan

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Range

Key companies profiled

ABB Ltd., AECOM, Arup Group Ltd., DPR Construction, Gensler. M.Arthur Gensler Jr. & Associates Inc., Holder Construction Group LLC, Schneider Electric SE, Turner Construction Co. and Vertiv Holdings Co.

Market dynamics

Parent market analysis, Inductors and obstacles to market growth, Analysis of high-growth and slow-growing segments, Analysis of impact and recovery of COVID 19 and future consumer dynamics, Analysis of market conditions for the forecast period

Adjustment Range

If our report doesn’t provide the data you’re looking for, you can contact our analysts and have segments tailored.

Index

1. Summary

2 Market landscape

3 Market size

4 Five Forces Analysis

5 Market Segmentation by Type

6 Customer landscape

7 Geographical landscape

8 drivers, challenges and trends

9 supplier landscape

10 Supplier Analysis

11 Appendix

About us

Technavio is a leading global technology research and consultancy company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and 800 technologies across 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position within changing market scenarios.

Contact

Technological research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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