Data Center Construction Market Size to Reach Revenues of over USD 55 Billion by 2026 - Arizton

Data Center Construction Market Size to Reach Revenues of over USD 55 Billion by 2026 - Arizton

PR Newswire

CHICAGO, Feb. 1, 2021

CHICAGO, Feb. 1, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global data center construction market report.

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The global data center construction market is expected to grow at a CAGR of 4.8% during the period 2020−2026.

Key Highlights Offered in the Report:  

  1. COVID-19 affected data center construction activity for at least a month worldwide, and reduced announcements on new projects during Q1 and Q2 2020.
  2. About 125 hyperscale data centers were opened or under construction in 2020 contributed to over 55% of the overall investment in the global construction market.
  3. Over 130 data centers have been identified in 2020, which had an installed capacity of less than 5MW, and around 145 data centers had an installed capacity between 5-15MW.
  4. Around 9 million square feet of data center space was added through the projects that were under development in 2020.
  5. Investment in general construction is expected to generate a cumulative revenue of around USD 130 billion to construction contractors and sub-contractors during 2020-2026.

Key Offerings:

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Data Center Construction Market – Segmentation

Data Center Construction Market by Facility Type

Data Center Construction Market by Electrical Infrastructure 

Data Center Construction Market by Mechanical Infrastructure

Data Center Construction Market by Cooling Technique 

Data Center Construction Market by General Construction  

Data Center Construction Market by Tier Standards 

Data Center Construction Market – Dynamics

The market is now moving toward software-defined support infrastructure in the data center. The concept of Software-Defined Data Center (SDDC) is gaining wide acceptance in the industry to improve the efficiency of IT infrastructure operations in data centers. Multiple software vendors in the power market are partnering with leading power infrastructure providers to improve the efficiency of data center facilities using software-defined practices. Virtual Power Systems is a notable SDDC solutions provider in the market that offers software and hardware modules to improve capacity utilization and availability through end-to-end automation of power infrastructure. With the use of Virtual Power Systems software, data center operators can reduce up to 25% in power costs. In 2020, Huawei launched an AI-powered modular data center and also use the SmartLi UPS with lithium-ion batteries. In addition, NVIDIA launched the "data center in a box," which is implemented with artificial intelligence.

Key Drivers and Trends fueling Market Growth:

Data Center Construction Market – Geography

Over 50 hyperscale data centers were active in North America in 2020, which operate at a power capacity of over 20 MW. Power consumption, carbon emissions, and increased water usage by data centers are major market challenges. Several innovations that aim to enhance the operational efficiency of the facility, reduce power consumption, and decrease carbon emissions have been witnessed in the market. Multiple hyperscale facilities are being powered by renewable energy sources to overcome issues with power consumption and carbon emissions. The deployment of 5G across the region during the forecast period will result in strong data growth and application workloads, resulting in high-performance computing infrastructure procurement as well as the construction of edge data centers across major states and provinces.

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Data Center Construction Market by Geography

Key Data Center Support Infrastructure Providers

Key Data Center Construction Contractors

Key Data Center Investors

Other Prominent Data Center Support Infrastructure Providers

Other Prominent Construction Contractors

Other Prominent Data Center Investors

Explore our data center knowledge base profile to know more about the industry.

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About Arizton:

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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