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Data Center Construction Market size to surpass around USD 408.1 billion by 2032 | AECOM, Holder Construction Company, Rittal GmbH & Co. KG

11-09-2023 04:36 AM CET | IT, New Media & Software

Press release from: Global Insight Services

Data Center Construction Market

Data Center Construction Market

Data center construction is the process of designing, building, and equipping a facility that is used to store, process, and distribute data. The construction of a data center is a complex and costly undertaking that requires careful planning and execution.

The first step in data center construction is the development of a detailed design plan. This plan must take into account the specific needs of the data center, including the type and volume of data to be stored, the required level of security, and the desired level of redundancy.

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Once the design plan is complete, the construction process can begin. The construction of a data center is typically divided into three phases: site work, shell construction, and interior fit-out.

Site work involves the preparation of the data center site, including the grading and leveling of the land, the installation of utilities, and the construction of access roads.

The Data Center Construction Market size was USD 199.4 Billion in 2022 and is anticipated to reach USD 408.1 Billion in 2032, growing at a rate of 6.8% from 2023 to 2032.

Key Trends

There are a number of key trends in data center construction technology. One of the most important is the move towards modular construction. This means that data centers are being built using prefabricated modules that can be easily assembled on site. This approach reduces construction time and costs, and also allows for easier expansion in the future.

Another key trend is the use of alternative energy sources to power data centers. This includes things like solar power, wind power, and geothermal energy. This is important because data centers use a lot of energy and it is important to find ways to reduce their environmental impact.

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Finally, there is a trend towards using more efficient data center designs. This includes things like using more efficient cooling systems and using server virtualization to reduce the number of physical servers that are needed. This helps to reduce the overall energy consumption of data centers.

Key Drivers

The key drivers of data center construction market are:

Increasing demand for data storage: With the increasing amount of data being generated every day, there is a need for more storage capacity. Data centers provide this storage capacity, and as such, their construction is driven by the demand for data storage.
Increasing demand for computing power: Along with the increase in data storage comes the need for more computing power. Data centers house the servers and other equipment that provide this computing power, so their construction is driven by the demand for computing resources.
Advances in technology: As data center construction technology advances, data centers are able to pack more computing power and storage capacity into smaller spaces. This allows for more efficient use of space, which drives down the cost of data center construction.
Increasing regulation: As data centers become more critical to businesses and organizations, there is an increasing need for regulation around their construction and operation. This is to ensure that data centers are built to meet the specific needs of their users, and to protect the data that is stored within them.
Market Segmentation

The Data Center Construction Market is segmented by types of construction, tier standards, industry verticals, and region. By types of constructions, the market is divided into general construction, electrical design, and mechanical design. By tier standards mode, the market is bifurcated into tier 1, tier 2, tier 3, and tier 4. By industry verticals, the market is classified into BFSI, healthcare, government, retail, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.

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Key Players

The key players in the Data Center Construction Market are Dpr construction, Inc., Fujitsu Limited, AECOM, Holder Construction Company, Rittal GmbH & Co. KG, Tripp Lite, Turner Construction, The Whiting-Turner Contracting Company, Schneider Electric SE and Hitachi Vantara Corporation.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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