Data Center Construction - Global Strategic Business Report 2024 - On-Demand Streaming Surge Sparks New Opportunities - ResearchAndMarkets.com

The "Data Center Construction - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Data Center Construction was valued at an estimated US$229....

Autore: Business Wire

DUBLIN: The "Data Center Construction - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Data Center Construction was valued at an estimated US$229.0 Billion in 2023 and is projected to reach US$371.7 Billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the data center construction market is driven by several factors, particularly the expansion of digital transformation strategies across industries. The widespread adoption of Internet of Things (IoT) devices, big data analytics, and artificial intelligence (AI) technologies necessitates more advanced and larger data centers to handle increased workloads with high efficiency.

Consumer behavior trends, such as increased online shopping, remote work, and video streaming, further amplify the demand for data processing and storage capabilities. Regulatory requirements around data sovereignty and privacy also contribute to the construction of new data centers, as businesses must ensure their data handling practices comply with local laws. Moreover, the rise of edge computing, which requires data to be processed closer to the end-user, prompts the development of regional data centers. These trends, combined with the ongoing need to upgrade older facilities to newer technologies and standards, continue to propel the growth and evolution of the data center construction industry.

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Key Attributes:

Report Attribute Details
No. of Pages 907
Forecast Period 2023 - 2030
Estimated Market Value (USD) in 2023 $229 Billion
Forecasted Market Value (USD) by 2030 $371.7 Billion
Compound Annual Growth Rate 7.2%
Regions Covered Global 

MARKET OVERVIEW

MARKET TRENDS & DRIVERS

FOCUS ON SELECT PLAYERS (Total 208 Featured)

For more information about this report visit https://www.researchandmarkets.com/r/10gs0l

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Fonte: Business Wire


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