Global Data Center Market Set for Rapid Expansion

Analysts project the worldwide data‑center construction market to more than double in the next decade, rising from about $275 billion in 2025 to roughly $761 billion by 2034. A related forecast for hyperscale facilities expects revenue to climb from $162.8 billion in 2024 to $608.5 billion by 2030, a compound annual growth rate of 24.6%.

The surge is driven by growing demand for AI‑ready infrastructure, cloud services, high‑performance computing and large‑scale data processing. Investments are focused on advanced hardware, energy‑efficient cooling, modular designs and greenfield projects that integrate renewable power. Cloud providers remain the dominant end‑users, expanding global footprints to meet enterprise digital‑transformation needs.