Data Center Construction Market Size Is Expected To Reach USD 308.7 Billion By 2027
San Francisco, 10 Aug 2022: The Report Data Center Construction Market Size, Share & Trends Analysis Report By IT Infrastructure, By Power Distribution & Cooling Infrastructure, By Miscellaneous Expenses, By Tier Type, By End-use, By Region, And Segment Forecasts, 2020 - 2027 The global data center construction market size is anticipated to reach USD 308.7 billion by 2027, according to a study conducted by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2020 to 2027. The growth is attributed to the growing need for data storage processing capacity as digital transformation continues to gain pace across small as well as large enterprises. The demand for cloud computing and virtualization along with rise in digital transformation has increased data consumption and volume of information processed. The growing preference for contactless payments and remote working amid the COVID-19 outbreak is driving the need for high-speed information proces