The Data Center Construction Boom: Trends Shaping 2025 and Beyond
The global data center construction market was valued at approximately USD 240.97 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 11.8% from 2025 to 2030. This anticipated growth is largely attributed to the rising demand for robust digital infrastructure across various industry sectors. Several key factors are contributing to this trend, including the accelerated expansion of cloud computing, the proliferation of big data, and the increasing adoption of artificial intelligence (AI) and Internet of Things (IoT) technologies. As enterprises continue to generate and manage vast volumes of data, there is a growing reliance on cloud service providers (CSPs) and colocation data centers. These facilities are essential for supporting large-scale storage, computing, and data processing needs. Consequently, the market is witnessing a surge in the construction of new, high-capacity data centers. At the same time, the rise of edge computing ...