US Data Center Construction Industry Report 2024-2029 – $47+ Billion Market is Booming Due to Demand from Hyperscale Companies, Artificial Intelligence Needs, and Growth of Edge Computing

Dublin, Could 23, 2024 (GLOBE NEWSWIRE) — The “U.S. Knowledge Middle Development Market – Trade Outlook & Forecast 2024-2029” report has been added to ResearchAndMarkets.com’s providing.

The U.S. information middle building market by funding is projected to succeed in $47.72 billion by 2029 from $24.59 billion in 2023, rising at a CAGR of 11.69% from 2023-2029

The U.S. information middle building market is booming on account of demand from hyperscale corporations, Synthetic Intelligence (AI) wants, and the expansion of edge computing. To maintain up with AI calls for, information middle operators regulate their infrastructure and develop modern cooling and power effectivity options to fulfill sustainability targets.

The rising demand for information facilities nationwide will present vital alternatives for building contractors to generate income. Some well-known building contractors within the U.S. information middle building market embrace AECOM, Arup, Jacobs Turner Development, DPR Development, Holder Development, and Cargan.

The U.S. information middle building market consists of all the foremost international colocation operators, together with Equinix, Digital Realty, QTS Realty Belief, CyrusOne, Aligned Knowledge Middle, DataBank, Iron Mountain, Vantage Knowledge Facilities, NTT DATA, and STACK Infrastructure. The main hyperscale operators investing within the U.S. information middle building market embrace Amazon Net Companies (AWS), Microsoft, Meta (Fb), and Google. They’re increasing their presence throughout all the highest information middle locations within the US.

Provide chain disruptions, rising inflation charges, a scarcity of expert employees, and energy restraints are estimated to influence the U.S. information middle building market negatively. Excessive demand for information middle capability was fueled by hyperscale corporations, monetary establishments, healthcare organizations, and numerous main companies, accounting for an unprecedented energy capability quantity out there.

The U.S. authorities will promote information middle investments by means of numerous initiatives reminiscent of rising the supply of land for improvement, lowering electrical energy tariffs, providing gross sales and tax incentives, and enabling the procurement of renewable power. Such initiatives will drive the expansion of the U.S. information middle building market throughout the forecast interval.

Digitalization throughout companies will contribute to a surge in information middle investments by colocation, cloud, web, and telecommunication suppliers. Telecom corporations, reminiscent of AT&T, T-Cellular, CenturyLink, and Qualcomm, are chargeable for deploying and introducing 5G providers within the U.S. The Texas information middle market is turning into aggressive. It’s witnessing the entry of a number of colocation and hyperscale operators creating information middle services within the state.

The U.S. market is among the many costliest for creating a knowledge middle facility. The common price ranges between USD 10 million and USD 11 million per MW, and it’s prone to enhance by 5% – 7% yearly. The core submarkets are witnessing land and energy constraints, limiting the alternatives for brand spanking new corporations to enter the market. Nonetheless, a number of new submarkets, together with Aurora and Elk Grove Village, are most well-liked.

SEGMENTATION INSIGHTS

• Modular energy infrastructure in information facilities is predicted to lead to price financial savings over time. These techniques are extra environment friendly, resulting in house financial savings and the necessity for much less upkeep.
• The main energy provide corporations, reminiscent of Dominion Vitality and NOVEC (Northern Virginia Electrical Cooperative), are assembly the rising energy demand for information facilities in North Virginia. As a result of rising building of knowledge facilities, these energy corporations have really helpful creating their very own substations to energy their information middle campuses.
• As a result of its sustainability, HVO gasoline as an alternative to diesel gasoline in mills is predicted to extend within the U.S. information middle building market. A number of operators are changing diesel with HVO gasoline to energy their backup mills.
• Actual-time monitoring software program with automation and AI options is turning into more and more vital. This expertise can predict upkeep wants, determine element failures, and carry out automated switchovers to make sure uninterrupted operations.
• A number of new and modern energy and cooling techniques have been launched within the U.S. information middle building market, specializing in sustainability. Infrastructure suppliers are focusing extra on creating merchandise with diminished environmental influence.
• Cooling strategies reminiscent of evaporative coolers are rising in areas with favorable climates to successfully cool information facilities.
• Along with constructing and organising information facilities, the corporate focuses on enhancing bodily safety and monitoring and managing services utilizing a real-time Knowledge Middle Infrastructure Administration (DCIM) system.

GEOGRAPHICAL ANALYSIS

• North Virginia is taken into account the world’s information middle capital, accounting for the best focus of knowledge middle services. The market has the presence of all the foremost colocation and hyperscale information middle operators.
• Texas is taken into account the second-largest information middle market within the US. It contains a number of main areas, reminiscent of Dallas, Austin, Irving, San Antonio, and Houston.
• California, also known as Silicon Valley, contains a number of cities reminiscent of Santa Clara, San Jose, Los Angeles, San Francisco, and Sacramento. It’s among the many prime three information middle markets in the US.
• Arizona is among the many most energetic and dynamic markets concerning hyperscale demand and improvement.
• Illinois has develop into a hub for information facilities within the final three to 4 years, with the foremost areas together with Chicago, Elk Grove Village, DeKalb, and Aurora.
• Georgia is attracting investments from hyperscale information middle operators reminiscent of Microsoft and Meta (Fb). Atlanta is among the many most well-liked areas, adopted by Lithia Springs and Douglasville.
• The Oregon information middle market is registering the quickest progress. The state has emerged as a future sizzling spot for hyperscale information middle improvement. The market is in a number of areas, reminiscent of Portland and Hillsboro.

KEY QUESTIONS ANSWERED

• What are the important thing developments within the U.S. information middle building market?
• What’s the progress charge of the U.S. information middle building market?
• How large is the U.S. information middle building market?
• What’s the estimated market measurement when it comes to space within the U.S. information middle building market by 2029?
• What number of MW of energy capability is predicted to succeed in the U.S. information middle building market by 2029?

Key Attributes:

Trade Overview

• Market Snapshot
• Historic vs Current Market State of affairs
• US vs World Market Comparability
• Shift In the direction of Sustainability
• Comparability of Completely different Kinds of Knowledge Facilities
• Knowledge Middle Development Delays
• Knowledge Middle Pre-Development Part
• Development Paperwork
• Entitlements and Constructing Permits
• Will-Serve Letters
• Sourcing of Supplies
• Website Preparation
• Knowledge Middle Development Prices
• Knowledge Middle Funding by Facility Kind

Market Alternatives & Developments

• Knowledge Facilities Operators Making Efforts to be Extra Sustainable and Environmentally Pleasant
• 5G Enhancing the Demand for Edge Knowledge Facilities
• Adoption of Superior Ups Batteries
• Rise in Rack Energy Density
• Sustainable and Revolutionary Knowledge Middle Applied sciences
• AI & Hpc Functions Driving Liquid Immersion & Direct-To-Chip Cooling
• Deployment of Microgrids in Knowledge Facilities
• AI Reworking the Panorama of the Knowledge Middle Market

Market Progress Enablers

• Vital Growth of Knowledge Middle Services
• Ongoing Investments by Hyperscale Operators within the US
• Rise in M&A as Properly as Joint Enterprise Actions
• Tax and Gross sales Incentives are a Main Enhance for Knowledge Middle Progress
• Improve within the Adoption of Cloud-based Companies and the Shift from On-Premises to Cloud Platforms
• Enhanced Connectivity Driving Progress within the Knowledge Middle Market
• Knowledge Facilities are Changing into Extra Essential on account of Huge Knowledge, the Web of Issues (IoT) , as Properly as Augmented Actuality (Ar) and Digital Actuality (Vr)

Market Restraints

• Market Progress is Being Hindered by Disruption within the Provide Chain
• Expert Workforce Scarcity and Discrimination
• Challenges in Selecting the Proper Location for Constructing Knowledge Facilities
• Points with Safety Affecting the Enlargement of Knowledge Facilities
• Energy and Water Consumption by Knowledge Facilities
• Issues About Knowledge Middle Carbon Emissions

VENDOR LANDSCAPE

Key Knowledge Middle Assist Infrastructure Suppliers

• ABB
• Caterpillar
• Cummins
• Delta Electronics
• Eaton
• Legrand
• Rolls-Royce
• Schneider Electrical
• STULZ
• Vertiv

Key Knowledge Middle Contractors

• AECOM
• Arup
• Corgan
• DPR Development
• Fortis Development
• Holder Development
• Jacobs
• Rogers-O’Brien Development
• Syska Hennessy Group
• Turner Development

Key Knowledge Middle Traders

• Apple
• Amazon Net Companies (AWS)
• CyrusOne
• DataBank
• Digital Realty
• Equinix
• Google
• Meta (Fb)
• Microsoft
• NTT DATA

Different Knowledge Middle Assist Infrastructure Suppliers

• Airedale
• Alfa Laval
• Asetek
• Bloom Vitality
• Provider
• Condair
• Cormant
• Cyber Energy Programs
• Enlogic
• FNT Software program
• Generac Energy Programs
• Inexperienced Revolution Cooling (GRC)
• HITEC Energy Safety
• Johnson Controls
• KOHLER
• KyotoCooling
• Mitsubishi Electrical
• Natron Vitality
• NetZoom
• Nlyte Software program
• Rittal
• Siemens
• Trane (Ingersoll Rand)
• Tripp Lite
• Yanmar (HIMOINSA)
• ZincFive

Different Knowledge Middle Contractors

• AlfaTech
• BlueScope Development
• Brasfield & Gorrie
• CallisonRTKL
• Clark Development Group
• Climatec
• Clune Development
• EMCOR Group
• EYP MCF
• Fitzpatrick Architects
• Fluor Company
• Gensler
• Gilbane Constructing Firm
• HDR
• HITT Contracting
• Hoffman Development
• JE Dunn Development
• JHET Architects
• kW Engineering
• WSP (kW Mission Vital Engineering)
• Linesight
• M+W Group (Exyte)
• Morrison Hershfield
• Mortenson
• Rosendin
• Salute Mission Vital
• Sheehan Nagle Hartray Architects
• Skanska
• Southland Industries
• Sturgeon Electrical Firm
• Construction Tone
• The Mulhern Group
• The Walsh Group
• The Weitz Firm
• TRINITY Group Development

Different Knowledge Middle Traders

• Aligned Knowledge Facilities
• American Tower
• AUBix
• CloudHQ
• Cologix
• Compass Datacenters
• COPT Knowledge Middle Options
• CoreSite
• DartPoints
• DC BLOX
• Edge Centres
• EdgeConneX
• EdgePresence
• EdgeCore Digital Infrastructure
• Component Vital
• Evoque
• Flexential
• fifteenfortyseven Vital Programs Realty (1547)
• H5 Knowledge Facilities
• HostDime
• Iron Mountain
• Netrality Knowledge Facilities
• Novva Knowledge Facilities
• PowerHouse Knowledge Facilities
• Prime Knowledge Facilities
• QTS Realty Belief
• Sabey Knowledge Facilities
• Skybox Datacenters
• Stream Knowledge Facilities
• STACK Infrastructure
• Swap
• T5 Knowledge Facilities
• TierPoint
• Vantage Knowledge Facilities
• Vapor IO
• Yondr
• 365 Knowledge Facilities

New Entrants

• Corscale Knowledge Facilities
• Crane Knowledge Facilities
• Edged Vitality
• NE Edge
• Quantum Loophole
• Rowan Digital Infrastructure

For extra details about this report go to https://www.researchandmarkets.com/r/k9g2p7

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• U.S. Knowledge Middle Development Market