Market revenue in 2023 | USD 10,458.1 million |
Market revenue in 2030 | USD 17,166.0 million |
Growth rate | 7.3% (CAGR from 2023 to 2030) |
Largest segment | It infrastructure |
Fastest growing segment | Power Distribution & Cooling Infrastructure |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 62.57% in 2023. Horizon Databook has segmented the UK 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.
The rapid digitization of industries such as BFSI, media and entertainment, and e-commerce and the consecutive rise in the volume of data generated and processed have favored the demand for data centers in the country.
The growing user base of smartphones in the country is also driving the demand for additional data center facilities as smartphones require real-time processing on large data chunks. Owing to these trends, numerous data center operators are investing in data center construction in the country.
For instance, in January 2024, Google LLC, a data center operator, announced the start of the construction of a new data center in Waltham Cross, Hertfordshire. Google Cloud clients and Google users in the U.K. would benefit from dependable digital services due to the new data center facility.
Horizon Databook provides a detailed overview of country-level data and insights on the UK data center construction market , including forecasts for subscribers. This country databook contains high-level insights into UK data center construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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