North America Data Center Construction Market Size & Outlook
North America data center construction market, 2018-2030 (US$M)
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North America data center construction market highlights
- The North America data center construction market generated a revenue of USD 94,713.3 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, it infrastructure was the largest revenue generating infrastructure in 2023.
- Power Distribution & Cooling Infrastructure is the most lucrative infrastructure segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 94,713.3 million |
| Market revenue in 2030 | USD 147,782.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | It infrastructure |
| Fastest growing segment | Power Distribution & Cooling Infrastructure |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IT Infrastructure, Power Distribution & Cooling Infrastructure, Miscellaneous Expenses |
| Key market players worldwide | Cisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Acer Inc DR, Lenovo Group Ltd, Oracle Corp, inSpur, Ascenty, ABB Ltd, Hitachi Ltd, Equinix Inc, Schneider Electric SE, KION GROUP AG, Vertiv Holdings Co Class A, Gensler, HostDime, IPXON Networks |
Other key industry trends
- In terms of revenue, North America region accounted for 42.0% of the global data center construction market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 124,019.7 million by 2030.
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Data Center Construction Market Scope
Data Center Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America data center construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center construction market will help companies and investors design strategic landscapes.
It infrastructure was the largest segment with a revenue share of 85.44% in 2023. Horizon Databook has segmented the North America data center construction market based on it infrastructure, power distribution & cooling infrastructure, miscellaneous expenses covering the revenue growth of each sub-segment from 2018 to 2030.
Data center operators in North America are seen to be developing scalable data centers with sustainable building, operations, and business methods that can accommodate the demands of hyperscale data centers.
For instance, in January 2024, EdgeCore Digital Infrastructure, a data center operator, announced the completion of a USD 1.9 billion debt financing deal for its Mesa, Arizona data center campus. Upon completion, the water-neutral, LEED-certified campus spread over more than 3.1 million square feet of space would be able to sustain 450 MW of critical load and accommodate present and future client needs.
Furthermore, North America has the world’s largest number of data centers. As of 2022, the region had around 3030 data centers and the number is expected to grow significantly over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America data center construction market , including forecasts for subscribers. This continent databook contains high-level insights into North America data center construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America data center construction market size, by country, 2018-2030 (US$M)
North America Data Center Construction Market Outlook Share, 2023 & 2030 (US$M)
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