The Booming Business of Data Center Construction: Market Trends and Insights
September 14, 2023 ⚊ 1 Min read ⚊ Views 47 ⚊ BLOG
The pipeline data center construction projects market size was $427.5 billion in Q1 2023. The pipeline of projects includes all those with a value above $25 million, and at any stage from pre-planning through to execution. North America is the dominant region which can be attributed to the major US hyper scalers, Google, Microsoft, and Amazon which continue to invest substantially in hyperscale facilities and the provision of cloud services, while the increased need for localized data center infrastructure to support latency-sensitive applications has driven increased investment in “edge” data centers.
Tags: Data Center Construction Projects Market
