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Data Center Construction Market Share

Report ID: GMI5949
Published Date: Apr 2024
Report Format: PDF

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Data Center Construction Market Share

Amazon Web Services (AWS), Facebook (Meta), and Alibaba Cloud held significant market share of over 7% market share in 2023. These leading companies are focusing on several key strategies to capitalize on the growing demand for digital infrastructure. These strategies include expanding their global footprint by constructing data centers in strategic locations to serve emerging markets and meet increasing demand for cloud services. Additionally, there is a significant emphasis on sustainability, with companies incorporating energy-efficient designs and renewable energy sources to minimize environmental impact and reduce operational costs. Moreover, there is a trend towards modular and prefabricated construction methods to accelerate deployment timelines and enhance scalability.

Moreover, data center construction industry is experiencing heightened demand due to focused efforts by companies operating within this sector. As businesses increasingly rely on digital infrastructure, companies are investing significantly in constructing new data centers or expanding existing ones. These efforts are driven by the need for scalable, reliable, and efficient data storage and processing facilities. Additionally, companies are innovating in areas such as energy efficiency and sustainability to meet the demands of a rapidly evolving market, further stimulating growth in data center construction.

Data Center Construction Market Companies

Major players operating in the market are:

Alibaba Cloud
Amazon Web Services (AWS)
Apple iCloud
Baidu Cloud
Facebook (Meta)
Google Cloud Platform (GCP)
IBM Cloud
Microsoft Azure
Oracle Cloud Infrastructure (OCI)
Tencent Cloud

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for data center construction was USD 212.7 billion in 2023 and is projected to depict over 6% CAGR from 2024 to 2032, due to the expanding initiatives from leading companies to bolster their data center infrastructure.

The large data center segment in the data center construction market recorded USD 90 billion in 2023 and is estimated to grow at substantial CAGR between 2024 and 2032, led by the growing volume of digital data, and rising need for high-performance computing.

North America industry held over 40% share in 2023 and is predicted to grow at notable rate between 2024 and 2032, on account of the increasing dependence on cloud computing, IoT, and big data analytics.

Alibaba Cloud, Amazon Web Services (AWS), Apple iCloud, Baidu Cloud, Facebook (Meta), Google Cloud Platform (GCP), IBM Cloud, Microsoft Azure, Oracle Cloud Infrastructure (OCI), and Tencent Cloud are some of the leading data center construction companies worldwide.