Dublin, Oct. 09, 2024 (GLOBE NEWSWIRE) -- The "Australia Data Center Construction Market, By Region, Competition, Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
Australia Data Center Construction Market was valued at USD 3.10 Billion in 2023 and is expected to reach USD 4.46 Billion by 2029 with a CAGR of 6.10%
The growth in Australia's Data Center Construction market is driven by the increasing demand for data processing and storage capabilities due to the rapid expansion of cloud services, IoT devices, big data analytics, and the digital transformation of businesses. Additionally, factors like advancements in data center technologies, the need for energy efficiency, and rising data security concerns influence the market. As organizations continue to generate and manage vast amounts of data, the demand for new and upgraded data center facilities is expected to remain strong, making this market a critical component of the global digital economy.
Increased Adoption of Modular Data Center Construction
One of the most prominent trends in the Australia Data Center Construction market is the increased adoption of modular construction techniques. Modular data centers are pre-fabricated units that can be quickly assembled on-site, offering a scalable and flexible solution to meet the growing demand for data processing and storage. This approach allows for faster deployment, reduced construction time, and lower overall costs compared to traditional data center construction methods.
Modular data centers are particularly appealing in a market where speed to market is crucial, especially as demand for digital services continues to rise. In Australia, where construction timelines can be impacted by factors such as skilled labor shortages and regulatory approvals, the modular approach offers a viable alternative. These units can be manufactured off-site in a controlled environment, ensuring consistent quality and reducing the risk of delays due to weather or on-site challenges.
Modular data centers provide flexibility in terms of scalability. As data needs evolve, additional modules can be added to existing facilities, allowing businesses to expand their data center capacity without significant disruptions. This trend is especially relevant in Australia, where companies are increasingly looking for agile and cost-effective solutions to meet their IT infrastructure needs.
The adoption of modular data centers also aligns with the growing emphasis on sustainability. These units are often designed with energy efficiency in mind, incorporating advanced cooling systems, energy-efficient hardware, and even renewable energy sources. The reduced construction waste and lower energy consumption associated with modular data centers contribute to their appeal in a market that is increasingly focused on sustainability.
Rise of Edge Data Centers
The rise of edge computing is driving a significant trend toward the construction of edge data centers across Australia. Edge data centers are smaller facilities located closer to end-users and devices, designed to process data locally rather than relying on centralized, hyperscale data centers. This trend is being fueled by the growing adoption of technologies such as the Internet of Things (IoT), 5G networks, and real-time data processing applications, which require low-latency and high-bandwidth connections.
In Australia, the demand for edge data centers is growing as businesses and service providers seek to improve the performance and reliability of their digital services. By processing data closer to the source, edge data centers can reduce latency, enhance user experience, and improve the efficiency of data-intensive applications. This is particularly important in regions where network connectivity may be limited or where there is a need for real-time data processing, such as in autonomous vehicles, smart cities, and industrial IoT applications.
The construction of edge data centers is also being driven by the need for data sovereignty and localized data storage. In response to regulatory requirements and concerns about data privacy, businesses are increasingly looking to store and process data within Australian borders. Edge data centers provide a solution by enabling localized data processing, ensuring compliance with data sovereignty laws while improving the security and reliability of data services.
As the demand for edge computing continues to grow, the trend toward constructing edge data centers is expected to accelerate. This trend will likely lead to a more distributed data center infrastructure in Australia, with a mix of large hyperscale facilities and smaller, localized edge data centers working together to meet the evolving needs of businesses and consumers.
Report Scope:
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 83 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $3.1 Billion |
| Forecasted Market Value (USD) by 2029 | $4.46 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Australia |
Key Market Players
- AECOM
- Fortis Construction Inc.
- Turner Construction Company
- DPR Construction
- Schneider Electric SE
- Cisco Systems Inc.
- Arista Networks, Inc.
- SAS Institute Inc.
Australia Data Center Construction Market, By Tier Type:
- Tier 1 & 2
- Tier 3 & Tier 4
Australia Data Center Construction Market, By Data Center Size:
- Small
- Medium
- Large
- Massive
- Mega
Australia Data Center Construction Market, By Infrastructure:
- Cooling Infrastructure
- Power Infrastructure
- Others
Australia Data Center Construction Market, By End User:
- IT & Telecommunication
- BFSI
- Government
- Healthcare
- Others
Australia Data Center Construction Market, By Region:
- New South Wales
- Northern Territory
- Queensland
- South Australia
- Tasmania
- Victoria & Western Australia
For more information about this report visit https://www.researchandmarkets.com/r/xa8s4d
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