Lucintel Forecasts the Global Data Center Construction Market to Reach $72.3 billion by 2030
Lucintel Forecasts the Global Data Center Construction Market to Reach $72.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global data center construction market looks promising with opportunities in the BFSI, IT and telecommunications, government and defense, and healthcare markets. The global data center construction market is expected to reach an estimated $72.3 billion by 2030 from $51.5 billion in 2024, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising data usage and need for cloud computing among enterprises, growing dependence on e-commerce systems, which calls for powerful data processing and storing c• In terms of regions, APACities, along with increasing utilization of the internet of things (IoT) devices.
A more than 150-page report to understand trends, opportunity and forecast in data center construction market to 2030 by size of data center (small and medium-scale data center and large-scale data center), end use (BFSI, IT and Telecommunications, government and defense, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the data center category, large-scale data center will remain the larger segment over the forecast period because they are designed to handle several clients and a variety of computing requirements.
Download sample by clicking on data center construction market
In terms of regions, North America will remain the largest region over the forecast period due to growing usage of cloud-based services, particularly in the region startups and SMEs.
Acer, Cisco Systems, Dell, Fujitsu, Hewlett Packard, Huawei Technologies, IBM, Lenovo, Oracle, Inspur are the major suppliers in the data center construction market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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