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; it is estimated to register at a CAGR of 8.1% from 2022 to 2030.
Growing Adoption of Green Data Centers Drives Expansion of North America data center construction market
A green data center is engineered to maximize energy efficiency while minimizing environmental impact. By incorporating sustainable practices—such as low-emission building materials, carbon footprint reduction, water and waste recycling, and alternative energy technologies like heat pumps, photovoltaic systems, and evaporative cooling—these facilities align with global sustainability goals. Leading cloud providers, 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 heavily invested in renewable energy to power its facilities while pioneering innovative cooling solutions, such as underwater data centers and modular designs, to enhance efficiency and cut water usage. Other companies are adopting energy-efficient equipment, water-saving cooling systems, and optimized data center layouts to lower operational costs. Although constructing green data centers involves higher upfront costs, the long-term savings in operations, power, and maintenance—along with improved workplace conditions—make them a strategic investment.
With increasing corporate sustainability commitments, the rise of green data centers is expected to significantly boost the North America data center construction market in the coming years.
North America Data Center Construction Market Overview
The North America data center construction market experienced robust growth in 2023, driven by surging demand from cloud providers and blockchain technologies. In the U.S., key regions like Texas, Austin, Northern California, and parts of San Antonio saw heightened cloud activity. However, overall market trends remained consistent with previous years, reflecting steady absorption and demand.
Several major developments underscore this expansion:
- In October 2023, JE Dunn resumed work on Meta’s $800 million data center project in Temple, Texas.
- In April 2023, Equinix announced plans for a new data center in Montreal, Canada.
- In November 2023, Vertiv launched the Vertiv SmartMod Max CW, a prefabricated modular data center designed to meet the growing need for rapid computing deployment.
These initiatives highlight the market’s rapid evolution, fueled by increasing data center deployments across the region.
Strategic Insights for North America’s Data Center Construction Market
To navigate this competitive and fast-growing market, stakeholders need data-driven insights that highlight emerging trends, key players, and regional dynamics. Strategic analysis enables businesses to:
- Identify untapped opportunities and differentiate themselves through innovative solutions.
- Anticipate market shifts using predictive analytics, ensuring long-term competitiveness.
- Optimize investments by aligning with sustainability trends, technological advancements, and evolving customer demands.
Whether investors, developers, or technology providers, a forward-looking approach is critical to capitalizing on growth opportunities. By leveraging actionable insights, industry players can make informed decisions that enhance profitability and secure a sustainable position in North America’s dynamic data center construction market.
North America data center construction market Segments Covered
North America data center construction market By Types of Construction
- General Construction
- Electrical Design
- Mechanical Design
North America data center construction market By Tier Standards
- Tier 1 & Tier 2
- Tier 3
- Tier 4
North America data center construction market By Industry Verticals
- BFSI
- Government
- Education
- Manufacturing
- Retail
- Transportation
- Media & Entertainment
North America data center construction market Regions and Countries Covered
North America
- US
- Canada
- Mexico
North America data center construction market leaders and key company profiles
- Rittal GmbH & co KG
- Schneider Electric SE
- DPR Construction Inc
- STO Building Group Inc
- AECOM
- HOLDER CONSTRUCTION COMPANY
- Turner Construction Co
- Eaton Corp Plc
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights