According to Business Market Insights' research, the North America Data Center Construction Market was valued at US$ 89,006.54 million in 2022 and is expected to reach US$ 1,65,421.01 million by 2030, registering a CAGR of 8.1% from 2022 to 2030. Rise in launch of new edge data centers and rapid expansion of IOT services are among the critical factors attributed to the North America data center construction market expansion.
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Rittal GmbH & co KG
Schneider Electric SE
DPR Construction Inc
STO Building Group Inc
AECOM
HOLDER CONSTRUCTION COMPANY
Turner Construction Co
Eaton Corp Plc
Green data centers are designed to maximize energy efficiency while minimizing environmental impact. These facilities incorporate strategies to reduce carbon footprints, such as using low-emission building materials, implementing water and waste recycling, and adopting alternative energy technologies like heat pumps, photovoltaic systems, and evaporative cooling.
Leading tech companies, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, are actively implementing measures to reduce electricity and water consumption in their data centers. Microsoft, for instance, has made substantial investments in renewable energy and innovative cooling technologies—such as underwater data centers and modular designs—to enhance energy efficiency and conserve water. Additionally, these companies are integrating water-saving cooling devices and energy-efficient equipment while refining data center designs for sustainability.
Although green data center construction requires a higher initial investment, it offers long-term cost savings in operations, power, and maintenance. Moreover, these facilities promote a healthier work environment for employees. With an increasing number of companies launching green data centers, the demand for sustainable infrastructure is expected to drive significant growth in North America’s data center construction market.
The North American data center construction market experienced steady growth in 2023, primarily fueled by rising demand for cloud services and blockchain applications. In the U.S., regions such as Texas, Austin, Northern California, and parts of San Antonio saw heightened cloud activity. The overall market absorption and demand trends align with those observed in previous years.
The surge in data center projects highlights this expanding market. For instance, in October 2023, JE Dunn resumed work on an $800 million Meta data center project in Temple, Texas. Similarly, in April 2023, Equinix announced plans to construct a new data center in Montreal, Canada. In November 2023, Vertiv introduced the Vertiv SmartMod Max CW, a prefabricated modular data center designed for rapid deployment across North America.
With the increasing number of new data center projects, the North American data center construction market is poised for continued expansion in the coming years.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights