The North America Data Center Construction Market should witness market growth of 6.3% CAGR during the forecast period (2022-2028).
The demand for digital transformation is expanding as businesses increasingly favor cloud-based digital experience platforms. Because they allow for quick deployment and lower investments in physical infrastructure, many firms favor cloud services. Businesses can connect cloud-based digital expertise platforms from various devices, includinglaptops,smartphones,and desktop computers. These platforms enable companies to deliver tailored content based on client preferences, purchasing behavior, and previous transactions.
The expansion of the digital transformation business is probably fueled by trends like these, which have significantly increased the demand for data centers. In order to expand computer power, memory, networking capabilities, and storage resources, various industries deploy hyperscale data centers. The capacity for scaling computing workloads effectively on a large scale is one of the many characteristics of hyperscale data centers, combined with the physical infrastructure as well as distribution systems that enable the data centers to maximize cooling efficiency.
Data center construction has excellent potential owing to the rising investments in urban infrastructure in North America. In addition, the need for the network as well as connectivity solutions that enable quicker and more dependable data connections among data centers in the USis also constantly growing as a result of increasingly sophisticated user expectations. Another factor influencing the market's growth is the demand for UCaaS orUnified Communications-as-a-Service solutions from North American business technology and telecomresellers. Therefore, the region presents lucrative growth opportunities for the data center construction market throughout the forecasted period.
The US market dominated the North America Data Center Construction Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $80,803.2 million by 2028. The Canada market is poised to grow at a CAGR of 8.7% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 7.8% during (2022-2028).
Based on Tier Type, the market is segmented into Tier 3, Tier 2 and Others. Based on End-Use, the market is segmented into IT & Telecom, BFSI, Healthcare, Government & Defense, Energy and Others. Based on Type, the market is segmented into IT Infrastructure, Electrical Infrastructure and Miscellaneous Expenses & Others. Based on IT Infrastructure Type, the market is segmented into Server, Networking Equipment and Storage. Based on Electrical Infrastructure Type, the market is segmented into Cooling and Power Distribution. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard enterprise Company (HP Development Company L.P.), IBM Corporation, ABB Ltd., Schneider Electric SE, Oracle Corporation, Cisco Systems, Inc., Vertiv Holdings Co., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Fujitsu Limited and Equinix, Inc.
The demand for digital transformation is expanding as businesses increasingly favor cloud-based digital experience platforms. Because they allow for quick deployment and lower investments in physical infrastructure, many firms favor cloud services. Businesses can connect cloud-based digital expertise platforms from various devices, includinglaptops,smartphones,and desktop computers. These platforms enable companies to deliver tailored content based on client preferences, purchasing behavior, and previous transactions.
The expansion of the digital transformation business is probably fueled by trends like these, which have significantly increased the demand for data centers. In order to expand computer power, memory, networking capabilities, and storage resources, various industries deploy hyperscale data centers. The capacity for scaling computing workloads effectively on a large scale is one of the many characteristics of hyperscale data centers, combined with the physical infrastructure as well as distribution systems that enable the data centers to maximize cooling efficiency.
Data center construction has excellent potential owing to the rising investments in urban infrastructure in North America. In addition, the need for the network as well as connectivity solutions that enable quicker and more dependable data connections among data centers in the USis also constantly growing as a result of increasingly sophisticated user expectations. Another factor influencing the market's growth is the demand for UCaaS orUnified Communications-as-a-Service solutions from North American business technology and telecomresellers. Therefore, the region presents lucrative growth opportunities for the data center construction market throughout the forecasted period.
The US market dominated the North America Data Center Construction Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $80,803.2 million by 2028. The Canada market is poised to grow at a CAGR of 8.7% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 7.8% during (2022-2028).
Based on Tier Type, the market is segmented into Tier 3, Tier 2 and Others. Based on End-Use, the market is segmented into IT & Telecom, BFSI, Healthcare, Government & Defense, Energy and Others. Based on Type, the market is segmented into IT Infrastructure, Electrical Infrastructure and Miscellaneous Expenses & Others. Based on IT Infrastructure Type, the market is segmented into Server, Networking Equipment and Storage. Based on Electrical Infrastructure Type, the market is segmented into Cooling and Power Distribution. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard enterprise Company (HP Development Company L.P.), IBM Corporation, ABB Ltd., Schneider Electric SE, Oracle Corporation, Cisco Systems, Inc., Vertiv Holdings Co., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Fujitsu Limited and Equinix, Inc.
Scope of the Study
By Tier Type
- Tier 3
- Tier 2
- Others
By End-Use
- IT & Telecom
- BFSI
- Healthcare
- Government & Defense
- Energy
- Others
By Type
- IT Infrastructure
- Server
- Networking Equipment
- Storage
- Electrical Infrastructure
- Cooling
- Power Distribution
- Miscellaneous Expenses & Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hewlett-Packard enterprise Company (HP Development Company L.P.)
- IBM Corporation
- ABB Ltd.
- Schneider Electric SE
- Oracle Corporation
- Cisco Systems, Inc.
- Vertiv Holdings Co.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Fujitsu Limited
- Equinix, Inc.
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. North America Data Center Construction Market by Tier Type
Chapter 5. North America Data Center Construction Market by End-Use
Chapter 6. North America Data Center Construction Market by Type
Chapter 7. North America Data Center Construction Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Hewlett-Packard enterprise Company (HP Development Company L.P.)
- IBM Corporation
- ABB Ltd.
- Schneider Electric SE
- Oracle Corporation
- Cisco Systems, Inc.
- Vertiv Holdings Co.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Fujitsu Limited
- Equinix, Inc.
Methodology
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