Worldwide Data Center Construction Market Focused Insights Report 2023-2028: Digitalization Will Continue to Drive Investment from Colocation, Cloud, Internet and Telecom Providers

Data center construction worldwide market

Dublin, June 26, 2023 (GLOBE NEWSWIRE) — The report “Worldwide Data Center Construction Market – Focused Insights 2023-2028” has been added to ResearchAndMarkets.com offer.

The worldwide data center construction market is projected to reach a value of $73.43B by 2028 from $50.34B, growing at a CAGR of 6.5%

The report covers the market by structure type, electrical infrastructure, mechanical infrastructure, and general construction. Profile and review leading companies and other prominent players operating in the market.

The data center market is seeing the growth of several new investments aided by the rapid expansion of cloud service providers, content providers and on-premises migration to cloud/colocation facilities. The availability of tax incentives, free cooling and renewable energy will likely attract more market investors. The increase in investment by colocation and hyperscale operators is likely to continue over the forecast period.

The market considers a detailed scenario of the current Data Center Construction market and its market dynamics for 2023-2028 across the globe. It covers a detailed overview of different market enablers, restraints, and growth trends.

HIGHLIGHTS

• Digitization among businesses will continue to drive investments in data centers from colocation, cloud, internet and telecom providers.

• From a commercial perspective, demand for data center space will grow across sectors, especially BFSI, healthcare, technology, transportation and heavy industries.

• Many data center operators will equip their new data centers with efficient power solutions to reduce the carbon footprint and OPEX of their facilities.

• Mega data center projects are facing challenges getting approvals to use water to cool the facilities. This drives operators and suppliers to collaborate and develop systems that can save up to 50% of water consumption in data centers.

• The adoption of liquid immersion cooling will likely increase as organizations deploy more AI and machine learning workloads. Liquid immersion and direct chip cooling are experiencing over 30% year-on-year market growth.

• Investments in submarine cables will improve terrestrial connectivity and reduce latency, spurring market growth worldwide.

• Government interest in boosting data center investment across land for development, electricity tariff reduction and renewable energy procurement will drive the market during the forecast period.

• The market is being impacted by rising inflation rates around the world followed by supply chain disruptions which is leading to delays in opening data centers.

The story continues

SEGMENTAL ANALYSIS

• In 2022, over 31.5% of the overall energy capacity addition in the global data center market was done by hyperscalers such as Meta (Facebook), Google, Microsoft and Amazon Web Services

• The adoption of lithium-ion batteries will increase significantly year over year during the forecast period. A continued decline in prices will continue to fuel battery adoption among data centers. Contribution from colocation providers will be high for Li-ion UPS solutions.

• < UNK> Increased carbon emission is one of the major challenges identified worldwide. To overcome the challenge, fuel cells are being installed to improve data center efficiency. Fuel cells can be used to support loads that are significant for energy reliability, safety, stability and cost reduction.

• In recent years, several innovations have been implemented in data centers: for example, the switch from diesel to vegetable oil generators. Hydrotreated vegetable oil (HVO) is an oil synthesized from vegetable oils.

• In data center projects, the investment in cooling systems should be 15-20% of the overall cost, depending on the facility design and IT load. The choice of cooling systems is based on location, i.e. whether climatic conditions favor free cooling and have abundant water resources.

• The importance of monitoring is growing with the adoption of intelligent real-time monitoring software with automation and AI capabilities that can predict maintenance requirements, component failures, and automatic switchovers for uninterrupted operations.

• Supply chain constraints have increased data center construction and procurement costs, averaging $2-3 million per MW.

GEOGRAPHICAL ANALYSIS

• The Americas region is among the most mature data center markets in the world. The North American region led the market in terms of investment, white floor addition, and power capacity addition.

• The presence of data protection laws such as GDPR implementation, availability of free cooling solutions, district heating systems, availability of renewable energy and others are among the major factors that will attract data center operators to invest in the European region .

• The Nordic region is among the favorite regions in the European region for hyperscalers due to the availability of free cooling solutions throughout the year and the availability of renewable energy sources.

• The Middle East and Africa (MEA) region is among the emerging data center markets, aided by increased internet and social media penetration, digitization initiatives, on-premises to cloud migration, colocation and managed services.

• The APAC region is among the fastest growing and most dynamic data center markets in the world. The region has several developed and established markets along with several emerging locations.

• The APAC region is the most exciting market and will offer ample opportunity for supporting infrastructure providers and contractors.

Key Attributes:

Support infrastructure providers

Data Center Contractors:

• AECOM

• Arup

• corgan

• DPR Construction

• Fort construction

• Support construction

• Jacobs

• Mercury

• Red Engineering

• Rogers-O’Brien construction

• Syska Hennessy group

• Turner construction

• Turner & Townsend

• Alfa Tech

• Atkins

• Aurecon

• Basler & Hofmann

• BlueScope construction

• Brasfield & Gorrie

• callison rtkl

• Ingelec cap

• Clark Construction Group

• climac

• Clunese construction

• COWI

• DC PRO engineering

• Dornan

• Edarat group

• EMCOR group

• EYP MCF extension

• Gensler

• Fluor Corporation

• Gilbane Construction Company

• HDR

• HITT bargaining

• Hoffmann construction

• ISG

• Construction by JE Dunn

• Kirby Group Engineering

• kW Engineering

• kW Mission Critical Engineering

• Laing O’Rourke

• Viewfinder

• M+W Group (Exyte)

• McLaren Construction Group

• Morrison Hershfield

• Mortenson

• PM group

• Quarks

• Rosendin

• Royal HaskoningDHV

• Greetings Mission Critical

• Sheehan Nagle Hartray Architects

• Skaska

• Southern industries

• Sturgeon Electric Company

• Structure tone

• Sveco

• The Mulhern group

• The Walsch group

• The Weitz Company and TRINITY Group Construction.

Data Center Operators:

• 21Vianet Group (VNET)

• Amazon Web Services (AWS)

• Apple

• China Telecom

• Colt Data Center Services (Colt DCS)

• Compass Datacenter

• CyrusOne

• Digital Reality

• EdgeConneX (EQT infrastructure)

• Equinix

• GDS services

• Global change

• Google

• Iron Mountain

• Meta (Facebook)

• Microsoft

• NTT Global Data Centers

• QTS Real Estate Trust

• STACK Infrastructure

• ST Telemedia Global Data Centers

Data Center Advantage

• 3data

• African data centers

• AirTrunk

• Aligned

• American tower

• AQ Calculate

• Aruba

• Atlas Edge

• at North

• TOKYO

• BDx (Big Data Exchange)

• mass infrastructure

• Connect data centers

• CDC data centers

• Chayora

• Chinese telephone company

• Chindata

• CloudHQ

• cologix

• COPT data center solutions

• CtrlS Datacenter

• Cyxtera Technologies

• Data4

• database

• DC BLOX

• Critical item

• ePLDT

• eStruxture Data Center

• fifteen forty-seven Critical Systems Realty (1547)

• Flexential

• Green Mountain

• H5 data centers

• HostDime

• KDDI (Telehouse)

• Keppel Data Center

• LG Plus

• maincube one

• Main One (Equinix)

• Milico (Tigos)

• FORWARDDC

• ODATA

• Orange business services

• The first data centers

• Princeton Digital Group (PDG)

• Proximity Data Center

• Raso group

• Rostelecom data centers

• Sabey Data Center

• Data Center Scale

• Sify technologies

• Skybox data center

• Data center streams

• SUNeVision (iAdvantage)

• Switch

• Data Center T5

• Tenglong Holdings Group

• Teraco (digital reality)

• TierPoints

• Turkcell

• Urbacon data center solutions

• Wingu

• Yondr and Yotta Infrastructure (Hiranandani Group).

• New arrivals

• AdaniConneX AUBix

• Cloudoon

• Cluster power

• Data Center Corscale

• Damac Data Center (EDGNEX)

• Data center first

• DHAmerica

• Edge Centers

• Evolutionary Data Centers

• global technical reality

• American walnut

• iMCritical

• Infinite

• Cloud cases

• Put DC

• Open Access Data Center (OADC)

• PowerHouse data centers

• Pure Data Center Group

• Quantum loophole

• Tamasuk Quantum Switch (QST)

• Stratus DC Management

• YCO Cloud

• YTL data center

• DC zero point.

For more information about this report, please visit https://www.researchandmarkets.com/r/lmht23

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