North America data center was valued at USD 15,988.24 million in 2021 and is expected to reach USD 37,660.91 million by 2029, registering a CAGR of 18.30% during the forecast period of 2022-2029. To be ahead of the competition, a systematic idea about the competitive landscape, their product range, their strategies, and future prospects are very important. Being a detailed market research report, North America Data Center Construction Market report serves this purpose and furnishes business a competitive advantage. Data center construction has excellent potential owing to the rising investments in urban infrastructure in North America. In addition, the need for the network as well as connectivity solutions that enable quicker and more dependable data connections among data centers in the US is also constantly growing as a result of increasingly sophisticated user expectations. Another factor influencing the market's growth is the demand for UCaaS or Unified Communications-as-a-Service solutions from North American business technology and telecom resellers. Therefore, the region presents lucrative growth opportunities for the data center construction market throughout the forecasted period.
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The data center construction market has become increasingly appealing due to its potential for higher returns on investment (ROI) than other commercial and industrial properties. In 2022, the market experienced substantial growth in the colocation sector, which can be attributed to factors such as accelerated digitalization resulting from the pandemic, initiatives taken by countries to advance technological infrastructure, the implementation of cutting-edge technologies like IoT, big data, 5G, and edge computing, and notable investments made by cloud service providers in different regions.
The European data center market witnessed increased investment in countries such as Italy, Spain, Portugal, Belgium, and Switzerland. Multiple projects are being carried out by colocation, cloud, telecommunication, and internet service providers. In Central and Eastern European countries, such as Poland and the Czech Republic, the reason for increased investments is the increased unavailability and high cost of land for data center development, especially from a scalability perspective. In such cases, operators wanting to expand their presence in the European market would prefer to invest in these secondary markets, with ample land availability, access to power, and government support to set up data center operations
Data Center Type
• Tier 1
• Tier 2
• Tier 3
• Tier 4
Organization Size
• Small Size Organization
• Medium Size Organization
• Large Size Organization
Vertical
• Banking, Financial Services and Insurance
• IT and Telecommunications
• Government and Defense
• Healthcare
• Retail Colocation
• Power and Energy
• Manufacturing
• Others
• Digitalization, multi-platform content consumption, and the omnipresence of social media are some emerging trends that media and entertainment worldwide have witnessed lately. Also, the proliferation of connected devices has led to immense volumes of data generation, demanding more data centers to process and facilitate further processing of the abundant data sets.
• Also, with all its computing storage needs, Big Data has been driving the development of data center storage hardware, network infrastructure, and new ways of handling ever-increasing computing needs. The essential infrastructure aspect of Big Data analytics is storage. Such factors are expected to boost the country’s growth in data center construction activities.
Highlight of Table of Content:
Chapter 1: Market overview
Chapter 2: North America Data Center Construction Market Analysis
Chapter 3: Regional analysis of the North America Data Center Construction Market
Chapter 4: Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the data center construction market are
• Turner Construction Company (US)
• DPR Construction (US)
• AECOM (US), Schneider Electric (France)
• M. A. Mortenson Company (US)
• Arup (UK), Brasfield & Gorrie, L.L.C. (US)
• CORGAN (US), Currie & Brown Holdings Limited (UK)
• Fortis Construction (US)
• Gensler (US)
• Holder Construction Group, LLC (US)
• Jacobs (US)
• ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD (US)
• Skanska (Sweden)
• Structure Tone Organization (US)
Profound Questions Answered in this Report:
• What is the growth rate of various stages in the value chain of the industry?
• Which region has the highest growth rate and size of the emerging market by value in 2022?
• Who are the competitive players in North America Data Center Construction Market?
• Which region has the largest share and degree of competition in the industry?
• What is the CAGR of the market during the forecast period 2022 to 2029?
• Which region is expected to hold the highest market share for the market?
• What is the main driver of the North America Data Center Construction Market?
• What is sales volume, revenue, and price analysis of top players of the market?
• What are the market opportunities and threats faced by the vendors in the industry?
• What has been the impact of COVID-19 on the North America Data Center Construction Market?
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