Western Europe Data Center Construction Market Forecast and Trends

Summary:
The Western Europe Data Center Construction Market, currently valued at USD 9.01 billion in 2023, is projected to reach USD 14.41 billion by 2029, growing at a CAGR of 8.14%. The market’s growth is driven by increasing demand for data centers, significant investments from major players such as Microsoft, Meta, and Google, and sustainability initiatives like the Climate Neutral Data Center Pact. Key trends include rising AI-driven data center investments, advanced cooling technologies, and chip-level security enhancements. The modular data center developments are gaining traction due to efficiency in dealing with labor shortages and budget constraints. Government support in terms of land and renewable energy procurement is also boosting the market. The market faces challenges like supply chain disruptions and a shortage of skilled professionals. Key industry players include AECOM, Arup, and Turner & Townsend among others, with substantial contributions from infrastructure providers like ABB and Schneider Electric.