データセンターの建設市場シェア分析、業界動向と統計、成長予測 2026-2031年

データセンターの建設市場規模は、2025年の2,813億4,000万米ドルから2026年には3,003億8,000万米ドルに成長し、2031年には4,313億9,000万米ドルに成長し、2026年から2031年にかけての年平均成長率（CAGR）は7.51%に達するとMordor Intelligenceでは予測しています。国家レベルのコンピューティングインフラに対する需要の急増、40kW～100kWのAIラックの急速な普及、そして資本集約型の電力網保証金制度が、業界支出を押し上げる決定的な要因となっています。開発者は、納期を数ヶ月短縮するために、液冷技術、オンサイト発電、電力供給可能な土地の確保を優先しています。同時に、電力使用効率の厳しい基準を満たすために事業者がしのぎを削る中、機械設備への予算配分も増加しています。データセンターの建設市場を席巻するハイパースケール契約を巡り、建設マネジメント大手、コロケーション施設運営会社、エッジコンピューティング専門企業がしのぎを削る中、競争は激化の一途を辿っている。

主要レポートの要点

• ティアタイプ別に見ると、2025年にはティア3施設が56.64%の設置数でトップとなり、ティア4施設は2031年まで年平均成長率（CAGR）8.12%で拡大しています。
• データセンターの規模別に見ると、ハイパースケールキャンパスは2025年に床面積の58.49%を占め、2031年まで年平均成長率8.67%で成長しています。
• データセンターの種類別に見ると、コロケーション事業者は2025年に収益の54.75%を占め、ハイパースケーラーは2031年まで年平均成長率9.12%で成長しています。
• インフラストラクチャのカテゴリー別に見ると、電気システムは2025年の予算の39.95%を占めましたが、機械システムは2031年まで年平均成長率9.31%で成長しています。
• 地域別に見ると、北米は2025年に40.65%のシェアを占めています。アジア太平洋地域は、2031年まで年平均成長率（CAGR）9.71%という最も速い成長率を記録すると予測されています。

データセンター規模別：ハイパースケールの台頭がサプライチェーンを再構築

ハイパースケールキャンパスは2025年時点で床面積の58.49%を占め、年平均成長率（CAGR）8.67%で成長を続けています。マイクロソフトは設備投資に800億ドルを投じ、その大半は50MW～200MW規模の構築に向けられています。30MW～50MWの中規模構築は、リース契約の需要に合わせて10MWずつ増設していく形で、シェル構造の状態で提供されるケースが増えています。

5MW未満のエッジサイトは、AR/VRやトレーディングワークロードにおいて10ミリ秒以下の低遅延が必須となる都市中心部で盛んに利用されています。ハイパースケールの調達は変圧器や浸漬タンクのグローバル価格を押し上げ、地域プロジェクトにおける供給不足を招くことが少なくありません。設備投資額の増加に直面した企業は、オンプレミス環境のアップグレードではなく、ワークロードをクラウドに移行することを選択するケースが増えています。

データセンターの種類別：ハイパースケーラーがコロケーションの成長を上回る

2025年の収益の54.75%はコロケーションによるものでしたが、ハイパースケーラーは2031年まで年平均成長率（CAGR）9.12%で成長を続けると予測されています。EquinixとDigital Realtyは現在、ビル全体を単一テナントにリースしており、ホールセール取引へと軸足を移しています。この傾向は、拡張性と専用性を備えたデータセンターソリューションへの需要の高まりを浮き彫りにしています。

垂直統合により、ハイパースケーラーは機械設備や電気設備の設置・保守を自社で行うことが可能になり、1kWあたりの建設コストを20～30%削減できます。1MW～5MWのエッジデータセンターは、郊外型キャンパスでは満たせない低遅延のニーズを満たしています。Vapor IOは、既存の中央局を活用して2025年に米国に50のノードを展開し、設備投資を削減する一方で、インフラストラクチャに対する制御権の一部を譲り渡しました。

Data Center Construction Market Analysis by Mordor Intelligence

The Data Center Construction Market size is expected to grow from USD 281.34 billion in 2025 to USD 300.38 billion in 2026 and is forecast to reach USD 431.39 billion by 2031 at 7.51% CAGR over 2026-2031.

Surging demand for sovereign-grade compute infrastructure, the rapid rollout of 40 kW–100 kW AI racks, and capital-intensive grid-deposit rules are the decisive forces lifting industry outlays. Developers are prioritizing liquid-cooling expertise, on-site power generation, and powered-land inventory to shave months off delivery schedules. At the same time, mechanical systems are absorbing a rising share of budgets as operators race to meet tightening power-usage-effectiveness thresholds. Competitive intensity is increasing as construction-management majors, colocation landlords, and edge specialists battle for hyperscale contracts that now dominate the data center construction market.

Key Report Takeaways

• By tier type, tier 3 facilities led with 56.64% installations in 2025, while tier 4 builds are expanding at an 8.12% CAGR through 2031.
• By data center size, hyperscale campuses accounted for 58.49% of floor space in 2025 and are advancing at an 8.67% CAGR through 2031.
• By data-center type, colocation operators accounted for 54.75% of revenue in 2025, whereas hyperscalers are growing at a 9.12% CAGR through 2031.
• By infrastructure category, electrical systems accounted for 39.95% of 2025 budgets, yet mechanical systems are growing at a 9.31% CAGR through 2031.
• By geography, North America held a 40.65% share in 2025; Asia-Pacific is projected to post the fastest 9.71% CAGR to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Global Data Center Construction Market Trends and Insights

Deployment of On-Site Small Modular Reactors to Bypass Grid Constraints

Developers increasingly view small modular reactors as the only carbon-free option capable of delivering gigawatt-scale baseload within competitive timelines. Google’s 500 MW Kairos Power deal signed in 2024 enables delivery before 2030 and circumvents seven-year interconnection queues. In 2025, Westinghouse and Data4 advanced a plan to co-locate AP300 units at French campuses, cutting transmission losses and insulating operators from volatile day-ahead power markets. Federal support is widening; the U.S. Department of Energy earmarked USD 900 million toward streamlined licensing, trimming the typical decade-long approval slog.[1] The constraint is fuel because annual high-assay low-enriched uranium capacity supports fewer than ten commercial reactors. Consequently, only hyperscalers with deep pockets and in-house nuclear teams can underwrite parallel fuel and reactor procurement, reinforcing their edge in the data center construction market.

Growing Cloud Applications, AI and Big Data Workloads

Generative-AI and analytics clusters now demand 40 kW–100 kW per rack, a jump that quadruples traditional thermal loads. OpenAI’s 500 MW Michigan build, announced in 2025, pairs custom substations with battery buffers to ride out grid fluctuations. Microsoft’s USD 80 billion capital plan channels 60% toward data-center builds, underscoring the strategic priority of owning AI infrastructure. Traffic unpredictability at scale is steering providers away from 2 MW edge pods toward 50 MW–200 MW hyperscale campuses, where spare headroom absorbs inference spikes without latency penalties. Yet talent scarcity looms; two-thirds of operators struggled in 2025 to hire technicians capable of commissioning direct-to-chip and immersion loops. Contractors that secure cooling-system integrators early often beat rivals to market by up to a year, a decisive advantage in the data center construction market.

Accelerating Adoption of Hyperscale Facilities

State governments are handing out tax abatements and frozen utility rates to capture multi-gigawatt campuses anchoring regional growth. Vantage committed USD 25 billion to a Texas mega-site in 2025 spanning 2 000 acres and delivering 2 GW IT load, the industry’s largest single project. Meta broke ground on a 900 MW Wisconsin facility leveraging nearby hydropower to meet its 100% renewable-energy goal. Such builds funnel capital into corridors with cheap energy, though PJM’s interconnection queue ballooned to 270 GW in 2025, requiring 20% deposits long before construction. Smaller colocation firms cannot absorb these costs, yielding hyperscale market share to cloud titans.

Emergence of Powered-Land Speculative Campuses Shortening Pre-Lease Timelines

Powered-land developers pre-install substations, fiber laterals, and zoning clearances, allowing tenants to break ground 90 days after signing rather than waiting two years for utility approvals. A 400-acre Kansas campus energized 500 MW capacity in 2025 under this model. Norway replicated the approach by pre-wiring 1 000 MW of hydro capacity across three sites. While the strategy shifts capital risk to landholders, early movers that anticipate tenant needs command premiums. An Oklahoma powered-land parcel failed to attract bids after local utilities refused fiber extensions, illustrating that power alone is insufficient.

Escalating Real-Estate, Installation and Maintenance Cost

Transformer lead times doubled and copper prices surged between 2023 and 2025, pushing total project costs up 15%–25%. Northern Virginia acreage climbed to USD 1 million–USD 2 million, redirecting developers to Ohio and the Carolinas where fiber delays offset cheaper land. Electricians qualified for 480-V busways now earn USD 120 000–USD 150 000. Mechanical upgrades required for AI racks add USD 200–USD 400 per kW, inflating capital budgets. Colocation landlords locked into pre-inflation leases face margin compression below the 25% threshold needed to service construction debt.

Utility Take-or-Pay Deposits Locking Up Capital and Deterring Mid-Tier Developers

Grid operators now require non-refundable deposits equal to 20% of total project cost, ranging from USD 50 million to USD 200 million, before queuing interconnection studies.[2] ERCOT adopted similar rules in 2025, requiring USD 100 million for projects above 500 MW. These policies favor hyperscalers with deep balance sheets and crowd out mid-tier players, accelerating consolidation. Many regional builders pivot to sub-10 MW edge sites that bypass costly grid studies, reshaping capacity distribution.

*Our forecasts treat driver/restraint impacts as directional, not additive. The impact forecasts reflect baseline growth, mix effects, and variable interactions.

Segment Analysis

By Tier Type: Fault-Tolerant Tier 4 Builds Gain Traction

Tier 3 assets commanded 56.64% of installations in 2025. Tier 4 builds are scaling at an 8.12% CAGR as financial-services and healthcare buyers demand fault-tolerant uptime. A 2025 study pegged unplanned-outage costs at USD 9 000 per minute, justifying Tier 4 premiums. [3] Dual utility feeds limit suitable sites to hubs such as Northern Virginia, Frankfurt, and Singapore. Retrofit projects often add USD 50 million to USD 100 million to budgets originally scoped for electrical work alone. Smaller providers continue marketing Tier 3 infrastructure with contractual workarounds that mask the absence of true fault tolerance.

Heightened Tier 4 interest is shifting supply-chain dynamics. Switchgear and chiller vendors prioritize quick-ship inventories for fault-tolerant projects, accelerating lead times by up to three months. Designers increasingly specify modular electrical rooms to speed commissioning, while owners weigh whether to convert Tier 2 sites or exit them entirely.

By Data Center Size: Hyperscale Dominance Reshapes Supply Chains

Hyperscale campuses held 58.49% of floor space in 2025 and are pushing forward at an 8.67% CAGR. Microsoft allocated USD 80 billion for capital expenditures, with the majority aimed at 50 MW–200 MW builds. Medium builds of 30 MW–50 MW are increasingly delivered as shells energized in 10 MW increments to align capital with lease uptake.

Edge sites under 5 MW prosper near city cores where latency under 10 milliseconds is mandatory for AR/VR and trading workloads. Hyperscale procurement drives global pricing for transformers and immersion tanks, frequently squeezing availability for regional projects. Enterprises, facing higher capex, often opt to migrate workloads to the cloud instead of upgrading on-premise footprints.

By Data Center Type: Hyperscalers Outpace Colocation Growth

Although colocation generated 54.75% of 2025 revenue, hyperscalers are advancing at a 9.12% CAGR through 2031. Equinix and Digital Realty now lease whole buildings to single tenants, pivoting toward wholesale deals. This trend highlights the growing demand for scalable and dedicated data center solutions.

Vertical integration allows hyperscalers to self-perform mechanical and electrical trades, trimming per-kW build costs by 20%–30%. Edge data centers of 1 MW–5 MW fill a latency niche that exurban campuses cannot meet. Vapor IO deployed 50 U.S. nodes in 2025 using existing central offices, cutting capex but ceding some control over infrastructure.

By Infrastructure: Mechanical Systems Outpace Electrical Spend

Electrical systems accounted for 39.95% of 2025 project budgets. Mechanical investments are climbing at a 9.31% CAGR as rack densities breach 10 kW. Direct-to-chip cooling adds USD 200–USD 400 per kW but lowers ongoing electricity bills by up to 40%. This shift is expected to drive further innovation in cooling technologies.

Rear-door exchangers and immersion tanks enable 100 kW cabinets within existing footprints, extending site lifecycles. Cabinet vendors introduced 60U frames with integrated dripless connectors in 2025. Service providers now sell commissioning packages that guarantee PUE below 1.2 to comply with California Title 24 requirements.

Complete Report Scope:

Geography Analysis

North America added 5 GW of capacity in 2025 across Virginia, Texas, and Ohio. Microsoft, Meta, and Google together committed USD 150 billion toward U.S. builds through 2027. Canada’s hydro-rich Quebec and British Columbia attract hyperscalers seeking low-carbon power. Mexico’s Monterrey and Querétaro clusters grow on cross-border fiber, though grid reliability remains a concern. California’s Title 24 now caps PUE at 1.2, effectively banning air-cooled designs.

Europe’s pipeline centers on Frankfurt, Amsterdam, and London where land hits USD 6 000 per m². Germany’s Renewable Energy Sources Act pushes developers toward on-site solar and batteries. Brexit-driven data sovereignty boosts Tier 4 demand in London and Manchester. France and Spain entice hyperscale projects with tax incentives, though southern grids face capacity shortfalls. The Corporate Sustainability Reporting Directive, effective 2025, forces Scope 3 carbon disclosures.

Asia-Pacific posts the fastest growth. Chinese state-owned utilities back 2 GW campuses despite export-control limits on AI chips. India expands at double-digit rates as foreign hyperscalers localize to meet data-residency rules. Singapore’s land scarcity drives 30 kW-plus rack densities with liquid cooling standard. South Korea, Australia, and New Zealand attract edge nodes for gaming and streaming. Japan’s aging grid imposes multiyear interconnection delays, nudging demand offshore.

The Middle East and Africa emerge as new hubs. Saudi Arabia’s NEOM allocates 1 GW data-center capacity within a USD 500 billion smart-city plan. Dubai and Abu Dhabi offer tax-free zones and expedited permits aimed at intercontinental colocation. Submarine cables linking Europe and Asia elevate Turkey and Israel as low-latency transit nodes. South Africa, Nigeria, and Egypt see edge build-outs tied to 5G rollouts and cloud gaming.

Competitive Landscape

The market is moderately concentrated. Turner, DPR, and AECOM lock in design-build contracts 24 months before groundbreaking, compressing procurement by up to nine months. Equinix and Digital Realty self-perform mechanical and electrical trades, preserving 15%–20% margins. This approach allows these companies to maintain better control over project timelines and costs.

Vapor IO places 1 MW–5 MW modules within 10 miles of urban cores, achieving sub-10 ms latency. Powered-land developers like PowerTransitions pre-energize acreage to cut tenant move-in to 90 days. Operators achieving PUE below 1.15 through direct-to-chip cooling save USD 2 million–USD 5 million annually per 10 MW site. Schneider Electric filed 12 modular UPS patents in 2025.

Digital Realty’s 150 MW Virginia campus will integrate NuScale reactors, bypassing a seven-year PJM queue. Keppel Data Centres and Sembcorp plan a 200 MW Singapore site powered by offshore wind, targeting PUE under 1.1. Skanska secured a USD 900 million Ohio contract leveraging low-cost transitional gas power. Strategic moves in 2025 indicate consolidation and regional depth building across the data center construction market.

Recent Industry Developments

• January 2026: Equinix announced a USD 15 billion plan for 25 new International Business Exchange facilities across Europe and Asia-Pacific through 2028.
• December 2025: Digital Realty broke ground on a 150 MW Northern Virginia campus featuring NuScale small modular reactors and direct-to-chip cooling for 100 kW racks.
• November 2025: NTT Global Data Centers acquired three Mumbai and Bangalore sites for USD 800 million, lifting its India footprint to 200 MW.
• October 2025: Turner Construction secured a USD 1.2 billion design-build contract for a 300 MW Texas hyperscale campus with 500 MW on-site solar.

List of Companies Covered in this Report:

• AECOM
• Turner Construction Co.
• DPR Construction
• Jacobs Solutions Inc.
• Skanska AB
• Balfour Beatty plc
• Whiting-Turner Contracting Co.
• Hensel Phelps
• Fortis Construction Inc.
• Goodman Group
• PT Jaya Obayashi
• Hibiya Engineering Ltd.
• Fluor Corporation
• Keppel Data Centres Holding
• NTT Global Data Centers
• Equinix Inc.
• Digital Realty Trust Inc.
• QTS Realty Trust LLC
• China State Construction Engineering Corp.
• Larsen and Toubro Ltd.
• Bouygues Construction SA
• Vinci Energies
• Samsung C and T Corporation
• Collen Construction Ltd.
• Corgan
• Mortenson Construction

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Table of Contents

1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Cloud Applications, AI and Big Data Workloads
4.2.2 Accelerating Adoption of Hyperscale Facilities
4.2.3 Rising Edge-Computing Build-Outs Near Population Hubs
4.2.4 Renewable-Energy Mandates Shaping Facility Design
4.2.5 Deployment of On-Site Small Modular Reactors (SMRs) to Bypass Grid Constraints
4.2.6 Emergence of “Powered-Land” Speculative Campuses Shortening Pre-Lease Timelines
4.3 Market Restraints
4.3.1 Escalating Real-Estate, Installation and Maintenance Cost
4.3.2 Stricter Energy-Consumption and Carbon-Compliance Limits
4.3.3 Shortage of Skilled Labor for Advanced Liquid Cooling
4.3.4 Utility “Take-or-Pay” Deposits Locking Up Capital and Deterring Mid-Tier Developers
4.4 Industry Supply-Chain Analysis
4.5 Regulatory Landscape
4.6 Technological Outlook
4.7 Porter’s Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry
4.8 Key Data Center Statistics
4.8.1 Exhaustive Data Center Operators on Regional Level (in MW)
4.8.2 List of Major Upcoming Data Center Projects Across Various Regions(2025-2030)
4.8.3 CAPEX and OPEX For Data Center Construction
4.8.4 Data Center Power Capacity Absorption In MW, Regions, 2023 and 2024
4.9 Artificial Intelligence (AI) Inclusion in Data Center Construction Across Various Regions
4.10 Regulatory and Compliance Framework
4.11 Impact of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)
5.1 By Tier Type
5.1.1 Tier 1 and 2
5.1.2 Tier 3
5.1.3 Tier 4
5.2 By Data Center Size
5.2.1 Small
5.2.2 Medium
5.2.3 Large
5.2.4 Hyperscale
5.3 By Data Center Type
5.3.1 Colocation Data Center
5.3.2 Hyperscalers/Cloud Service Provider (CSPs)
5.3.3 Enterprise and Edge Data Center
5.4 By Infrastructure
5.4.1 Electrical Infrastructure
5.4.1.1 Power Distribution Solution
5.4.1.2 Power Backup Solutions
5.4.2 Mechanical Infrastructure
5.4.2.1 Cooling Systems
5.4.2.2 Racks and Cabinets
5.4.2.3 Servers and Storage
5.4.2.4 Other Mechanical Infrastructure
5.4.3 General Construction
5.4.4 Services – Design and Consulting, Integration, Support and Maintenance
5.5 By Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.2 South America
5.5.2.1 Brazil
5.5.2.2 Argentina
5.5.2.3 Rest of South America
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 United Kingdom
5.5.3.3 France
5.5.3.4 Italy
5.5.3.5 Spain
5.5.3.6 Rest of Europe
5.5.4 Asia-Pacific
5.5.4.1 China
5.5.4.2 Japan
5.5.4.3 India
5.5.4.4 South Korea
5.5.4.5 Australia and New Zealand
5.5.4.6 Rest of Asia-Pacific
5.5.5 Middle East and Africa
5.5.5.1 Middle East
5.5.5.1.1 Gulf Cooperation Countries
5.5.5.1.2 Turkey
5.5.5.1.3 Israel
5.5.5.1.4 Rest of Middle East
5.5.5.2 Africa
5.5.5.2.1 South Africa
5.5.5.2.2 Egypt
5.5.5.2.3 Nigeria
5.5.5.2.4 Rest of Africa

6 COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share Analysis
6.4 Data Center Infrastructure Investment Based on Megawatt (MW) Capacity, 2024 vs 2030
6.5 Data Center Construction Landscape (Key Vendors Listings)
6.6 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, Recent Developments)
6.6.1 AECOM
6.6.2 Turner Construction Co.
6.6.3 DPR Construction
6.6.4 Jacobs Solutions Inc.
6.6.5 Skanska AB
6.6.6 Balfour Beatty plc
6.6.7 Whiting-Turner Contracting Co.
6.6.8 Hensel Phelps
6.6.9 Fortis Construction Inc.
6.6.10 Goodman Group
6.6.11 PT Jaya Obayashi
6.6.12 Hibiya Engineering Ltd.
6.6.13 Fluor Corporation
6.6.14 Keppel Data Centres Holding
6.6.15 NTT Global Data Centers
6.6.16 Equinix Inc.
6.6.17 Digital Realty Trust Inc.
6.6.18 QTS Realty Trust LLC
6.6.19 China State Construction Engineering Corp.
6.6.20 Larsen and Toubro Ltd.
6.6.21 Bouygues Construction SA
6.6.22 Vinci Energies
6.6.23 Samsung C and T Corporation
6.6.24 Collen Construction Ltd.
6.6.25 Corgan
6.6.26 Mortenson Construction
6.7 List of Data Center Construction Companies

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
7.1 White-Space and Unmet-Need Assessment

---

---