Global Data Center Construction Market Expected to Reach $113.62 Billion by 2029

The global data center construction market is witnessing substantial growth, fueled by increasing demand for data infrastructure and services. In North America, major construction firms like AECOM, Arup, and Jacobs Turner Construction are leveraging this trend, supported by the expansion of leading colocation operators such as Equinix, Digital Realty, and CyrusOne. New entrants, including Corscale Data Centers and Skybox Datacenters, are intensifying competition and driving innovation within the sector. Key players in the construction arena, such as AECOM and Afonso Franca Engenharia, are leading significant projects, while colocation operators like Ascenty and ODATA (Aligned Data Centers) are at the forefront of developing multiple data center facilities. The influx of new companies, including Layer 9 Data Centers and CloudHQ, is further enriching the competitive landscape, indicating potential market disruption and expansion opportunities. The convergence of sustainability initiatives, the rollout of 5G technology, increased cloud adoption, and supportive government policies are propelling a global movement towards enhanced connectivity and innovation. As data centers evolve to meet the demands of a more interconnected world, the deployment of 5G networks is particularly noteworthy, as it drives the need for edge data centers that facilitate low-latency services and real-time decision-making across various industries. Overall, the data center construction market is poised for continued growth, with emerging trends and new players shaping its future trajectory.