Home > Semiconductors & Electronics > Data Center > Data Center Infrastructure > Data Center Mechanical Construction Market
The global data center mechanical construction market was valued at USD 77.3 billion in 2023 and is projected to grow at a CAGR of 7.5% between 2024 and 2032. Increasing infrastructure development across globe is providing significant market opportunities for data center mechanical construction. Industries in Europe, including finance, healthcare, retail, and manufacturing, are rapidly adopting digital technologies.
According to Eurostat, in 2022, 70% of all EU businesses reached a basic level of digital intensity. The proportion of SME with basic level of digital intensity was 41% in Greece, 47% in Bulgaria, 89% in Denmark, and 90% in Finland. This trend is increasing the need for strong and scalable data centers to handle more data storage, processing, and analysis. Companies require data centers with high-performance computing, better security, and efficient cooling. This need is driving investments in new data centers and upgrades to existing ones
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Data Center Mechanical Construction Market Size in 2023: | USD 77.3 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 7.5% |
2032 Value Projection: | USD 147.8 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 200 |
Segments covered: | Data Center, Infrastructure, End Use |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Advancements in cloud-based solutions, including more powerful processors and optimized software, demand high-performance computing capabilities. Modern cloud services require data centers to support complex computing tasks, large-scale data processing, and rapid performance. This creates a need to build data centers with high-performance servers and advanced cooling systems to manage the increased computational load and ensure optimal performance. Also, to accommodate the growing demand for high-performance computing, data centers are constructed with scalable infrastructure, including modular designs and flexible capacity expansion options.