Data Center Construction Market In US 2024-2028
The data center construction market in US is forecasted to grow by USD 11.99 bn during 2023-2028, accelerating at a CAGR of 9.6% during the forecast period. The report on the data center construction market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increasing number of data centers, increasing mergers and acquisitions among vendors, and digital transformation of business surging demand for data centers.
Technavio's data center construction market in US is segmented as below:
By Application
- Enterprise
- Cloud
- Colocation
- Hyperscale
By End-user
- IT and telecom
- BFSI
- Government and defense
- Others
By Type
- Electrical construction
- Mechanical construction
- General construction
By Geographical Landscape
This study identifies the increased focus on constructing eco-friendly data centers in US as one of the prime reasons driving the data center construction market in US growth during the next few years. Also, rising implementation of ai in data centers and high demand for hyperscale data centers will lead to sizable demand in the market.
The report on the data center construction market in US covers the following areas:
- Data center construction market in US sizing
- Data center construction market in US forecast
- Data center construction market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data center construction market in US vendors that include ABB Ltd., AECOM, AMETEK Inc., Delta Electronics Inc., DPR Construction, Eaton Corp. Plc, Emerson Electric Co., FORTIS CONSTRUCTION Inc., Gilbane Inc., HDR Inc., Hensel Phelps, HITT CONTRACTING INC., International Business Machines Corp., Iron Mountain Inc., J.E. Dunn Construction Co., Nippon Telegraph And Telephone Corp., SAS Institute Inc., Schneider Electric SE, Siemens AG, and Turner Construction Co.. Also, the data center construction market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.