The United States Data Center Construction Market size is expected to grow from USD 23.29 billion in 2023 to USD 30.79 billion by 2028, at a CAGR of 5.74% during the forecast period (2023-2028).
The United States data center construction market is highly fragmented with the precence of major players like IBM Corporation, Schneider Electric SE, DPR Construction Inc., Fortis Construction Inc., and Hensel Phelps Construction Co. Inc. Players in the market are adopting strategies such as partnerships, mergers, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In January 2023, Metro Edge finalized agreements with Clune Construction and other construction companies to design and build the data center facility. The project is expected to have full entitlements within the next few months and break ground shortly after.
In July 2022, IBM announced the acquisition of Databand.ai, one of the leading providers of data observability software that enables businesses to correct data problems such as errors, pipeline failures, and poor quality before they have an adverse effect on their bottom line. This enhances IBM's software portfolio spanning data, artificial intelligence (AI), and automation to cover the complete spectrum of observability and aids organizations in ensuring that reliable data is placed in the hands of the appropriate individuals at the appropriate time.
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