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Data Center General Construction Market to Grow by USD 29.27 Billion (2025-2029), Rising Investment in Data Centers Boosts Market, Report on How AI Is Redefining Market Landscape – Technavio

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NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global data center general construction market size is estimated to grow by USD 29.27 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  13.1%  during the forecast period. Increase in investment in data center is driving market growth, with a trend towards growing focus on construction of green data center. However, emergence of containerized and micro mobile data center  poses a challenge. Key market players include ABB Ltd., AECOM, Arup Group Ltd., Brasfield and Gorrie LLC, CORGAN, Digital Realty Trust Inc., DPR Construction, HDR Inc., Jacobs Solutions Inc., Jones Engineering Holdings Ltd., Legrand SA, M. A. Mortenson Co., Page Southerland Page Inc., Schneider Electric SE, Skanska AB, STO Building Group, The Walsh Group, Turner Construction Co., and Vertiv Holdings Co..

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Data Center General Construction Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 13.1%

Market growth 2025-2029

USD 29268.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.3

Regional analysis

North America, Europe, APAC, South America,
and Middle East and Africa

Performing market contribution

North America at 31%

Key countries

US, Germany, Canada, China, UK, Japan,
France, India, Italy, and South Korea

Key companies profiled

ABB Ltd., AECOM, Arup Group Ltd., Brasfield
and Gorrie LLC, CORGAN, Digital Realty Trust
Inc., DPR Construction, HDR Inc., Jacobs
Solutions Inc., Jones Engineering Holdings Ltd.,
Legrand SA, M. A. Mortenson Co., Page
Southerland Page Inc., Schneider Electric SE,
Skanska AB, STO Building Group, The Walsh
Group, Turner Construction Co., and Vertiv
Holdings Co.

Market Driver

The Data Center General Construction market is experiencing significant growth due to the increasing demand for IT infrastructure in various sectors like Information Technology, Healthcare, Automation, and Banking. Trends such as Big Data Analytics, Artificial Intelligence, IoT Devices, and Cloud Computing are driving the need for more data centers. These facilities require IT infrastructure, power distribution, cooling solutions, and data flow management. Data Center Architecture includes Tier 3 segment with redundancy and high-performance computing, while Computing Economics favor cloud computing, IP-Based Networking, and colocation services. Hyperscale facilities, public cloud providers, and multi-tenant facilities are popular choices for data exchange and storage. Servers, IT equipment, cooling equipment, and temperature/humidity control are essential components. Miscellaneous expenses include security infrastructure costs, property costs, and power backup. Cooling efficiency, airflow optimization, and balanced workload are key considerations. Colocation service providers and telecommunications service providers cater to social networking giants and e-commerce companies. Power plants and data center design involve electrical and mechanical construction. Edge computing and AI are emerging trends. 

Green data centers are energy-efficient structures designed to minimize environmental impact during construction and operation. These data centers utilize low-emission building materials for sustainable ecosystems, including efficient waste recycling. Advanced technologies, such as catalytic converters in backup generators and alternative energy sources like photovoltaics, heat pumps, and evaporative cooling, are employed. Building and certifying a green data center is an expensive initial investment. However, the long-term cost savings are realized once the center is operational, making it a worthwhile strategy for businesses prioritizing sustainability and cost efficiency. 

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 Market Challenges

The Data Center General Construction market is experiencing significant growth due to the increasing demand for IT infrastructure in various sectors like Information Technology, Healthcare, Automation, and Banking. The integration of Big Data Analytics, Artificial Intelligence, IoT Devices, and Data Exchange requires massive Data Storage and Data Flow, leading to the construction of large Data Centers. Data Center Architecture includes Computing Economics, Cloud Computing, IP-Based Networking, and Cooling Solutions. Challenges include managing Data Consumption, designing Hyperscale facilities, and collaborating with Public Cloud Providers, Colocation Services, and Media Providers. IT equipment and Cooling Equipment are essential components, requiring precise Temperature and Humidity levels. Miscellaneous expenses include Security Infrastructure costs, Property costs, and Redundancy for Tier 3 segments. High-performance Computing, Storage Capacity, and Tier 3 Standard are crucial factors. Power distribution, Cooling Efficiency, Airflow Optimization, and Balanced Workload are also essential considerations. Collaborating with Colocation Service Providers and Telecommunications Service Providers is key to success. Social networking giants and E-commerce companies are major contributors to this market. Containerized data centers, also known as modular data centers, offer businesses a flexible and efficient solution for their infrastructure needs. These portable data centers consist of essential components, such as servers, storage devices, and networking equipment, housed in standard shipping containers. The construction process for conventional data centers typically takes 18-24 months, whereas containerized data centers can be built in a few weeks. This quick turnaround time, coupled with lower capital expenditures, makes containerized data centers a significant trend in the global data center market. Organizations can commission these facilities to support their growing infrastructure requirements without the extensive time and financial commitment of traditional data center construction.

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Segment Overview 

This data center general construction market report extensively covers market segmentation by  

End-userBFSIGovernmentManufacturingMedia And EntertainmentOthersTypeBase Building Shell ConstructionArchitecture Planning And DesigningGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

1.1 BFSI-  The digital transformation of various sectors, particularly in the BFSI industry, is generating a substantial amount of data. Financial organizations require secure and efficient data center infrastructure to store this data and meet regulatory compliance. The BFSI sector’s increasing reliance on digital transactions and customer-centricity is driving the demand for data center infrastructure. Regulatory bodies, such as the EU’s GDPR, enforce strict guidelines for data protection and privacy. Breaching these regulations can result in hefty fines. Morgan Stanley, for instance, paid a USD60 million fine in October 2020 for data breaches. To avoid such penalties and ensure data security, financial institutions are investing in data center colocation and managed hosting services. The growing emphasis on secure data storage and regulatory compliance will fuel the growth of the global data center general construction market in the BFSI sector.

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Research Analysis

The Data Center General Construction Market is experiencing significant growth due to the increasing demand for Information Technology (IT) services, particularly in sectors such as Big Data Analytics, Artificial Intelligence (AI), Internet of Things (IoT) Devices, and Data Exchange. Data Centers play a crucial role in storing, processing, and managing the massive amounts of data generated by these technologies. Data Center Architecture is evolving to accommodate Hyperscale facilities, Public cloud providers, Multi-tenant facilities, and Colocation services. Computing Economics and Data consumption are key considerations, with a shift towards more efficient and cost-effective solutions. IT equipment, including Servers, Cooling equipment, and Temperature and Humidity control systems, are essential components of Data Center construction. Miscellaneous expenses, such as Security infrastructure costs and Property costs, also contribute to the overall budget. Edge computing is emerging as an alternative to traditional Data Centers, bringing processing power closer to the source of data generation to reduce latency and improve efficiency. AI and Machine Learning are also being integrated into Data Center operations to optimize performance and reduce energy consumption.

Market Research Overview

The Data Center General Construction Market is experiencing significant growth due to the increasing demand for IT infrastructure in various sectors, including Information Technology, Healthcare, Automation, Banking, and Telecommunications. Big Data Analytics, Artificial Intelligence, IoT Devices, and Cloud Computing are driving the need for more data centers and advanced IT infrastructure. Data Centers are essential for managing and storing large amounts of data, facilitating data exchange, and ensuring data flow between different systems. Data Center Architecture includes Computing Economics, IP-Based Networking, and Cooling Solutions. Hyperscale facilities, Public cloud providers, Multi-tenant facilities, and Colocation services are popular options for businesses looking to reduce IT infrastructure costs. Data Center Design encompasses Electrical and Mechanical Construction, Power Distribution, and Cooling Equipment. Temperature and Humidity levels are critical factors in Data Center Design, along with Miscellaneous expenses such as Security Infrastructure costs, Property costs, and Redundancy. High-performance computing, Storage Capacity, and Tier 3 standard are essential features of modern Data Centers. Media providers, Power Plants, and Social networking giants are also investing heavily in Data Centers to meet their growing data needs. Edge computing and IT equipment are becoming increasingly important for optimizing data flow and reducing latency. Power backup, Cooling efficiency, Airflow optimization, Balanced workload, and Colocation service providers are essential components of modern Data Center Design.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userBFSIGovernmentManufacturingMedia And EntertainmentOthersTypeBase Building Shell ConstructionArchitecture Planning And DesigningGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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iFOREX Lists on London Stock Exchange, Supporting Focus Across Global and Indian Markets

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LONDON, April 17, 2026 /PRNewswire/ — iFOREX today announced its recent admission to the Main Market of the London Stock Exchange (LSE) under the ticker IFRX, at a market valuation of approximately £43.3 million. This milestone marks a significant step in the Company’s long-term growth strategy and supports its continued expansion across international markets, including a growing focus on India.

With over 30 years of experience in the online trading industry, iFOREX has established a strong global presence built on proprietary technology, consistent innovation, and disciplined risk management. The Company continues to deliver advanced trading solutions alongside a high standard of client support, designed to meet the evolving needs of retail traders in dynamic markets.

Through its proprietary web-based and mobile trading platforms, iFOREX provides access to over 900 financial instruments, including foreign exchange, commodities, indices, stocks, cryptocurrencies, and ETFs. The Company continuously enhances its technology and product offering to deliver a seamless, secure, and efficient trading experience for its global client base.

India represents an increasingly important market for iFOREX, supported by a rapidly growing base of digitally engaged traders and rising interest in global financial markets. The Company aims to strengthen its presence by offering localized support, tailored educational resources, and technology-driven solutions aligned with the needs of Indian traders.

The Company’s admission to the London Stock Exchange enhances its visibility and credibility as a global fintech provider, focusing on investing in platform development, optimizing client experience, and scaling its international operations to support long-term growth.

“Our listing on the London Stock Exchange represents an important milestone in iFOREX’s evolution as a global trading provider,” said Itai Sadeh, Chief Executive Officer of iFOREX. “We see significant potential in the Indian market, driven by strong demand for digital trading solutions and increasing participation in global markets. We remain committed to expanding our presence in India while continuing to invest in technology, innovation, and client experience.”

iFOREX will continue to monitor market developments, adapt its offering to the needs of traders across different regions, and focus on delivering reliable services, transparent trading conditions, and long-term value to its clients and stakeholders.

Find out more here: iFOREX Website

This press release is intended solely for media use. It is not meant for individual investors and does not contain personal advice or recommendations.

 

View original content:https://www.prnewswire.com/in/news-releases/iforex-lists-on-london-stock-exchange-supporting-focus-across-global-and-indian-markets-302755696.html

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iFOREX Lists on London Stock Exchange, offering Cryptocurrency trading (CFDs) Across Global and LATAM Markets

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LONDON, April 29, 2026 /PRNewswire/ — iFOREX today announced its admission to the Main Market of the London Stock Exchange (LSE) under the ticker IFRX, with a market valuation of approximately £43.3 million. This milestone represents a major step in the Company’s global growth strategy and supports its continued expansion across international markets, including cryptocurrency CFD trading for retail investors in Latin America (LATAM) and beyond.

The listing underscores iFOREX’s commitment to combining traditional financial instruments with the evolving opportunities presented by the cryptocurrency market. Over the past decade, iFOREX has offered retail traders access to a broad portfolio of crypto CFDs, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and a growing range of other digital assets, alongside forex, commodities, indices, equities, and ETFs. The Company’s proprietary online and mobile platforms allow traders to seamlessly navigate both crypto and traditional markets from a single interface.

With more than 25 years of experience in online trading, iFOREX has built a solid global presence based on proprietary technology, disciplined risk management, and continuous innovation. By integrating crypto trading alongside traditional instruments, the Company provides traders with diversified opportunities, enhanced liquidity, and sophisticated tools to manage risk and capitalize on market trends.

Latin America represents a particularly high-growth region for cryptocurrency trading, supported by increasing digital adoption, rising interest in global financial markets, and a growing number of self-directed retail investors. iFOREX is committed to strengthening its presence in the region by offering localized services, multilingual support, and educational resources specifically designed to help LATAM clients engage confidently with both crypto and forex markets.

The LSE listing enhances iFOREX’s credibility and visibility as a global fintech provider while supporting its strategy to expand crypto trading offerings, scale operations, and provide long-term value to clients and shareholders. The Company continues to focus on platform innovation, regulatory compliance, and the development of tools that allow traders to execute informed and secure transactions across all available markets.

Itai Sadeh, Chief Executive Officer of iFOREX, commented:

“Our admission to the Main Market of the London Stock Exchange represents a landmark moment for iFOREX and reflects our commitment to innovation in financial trading, including cryptocurrencies. Latin America presents strong growth potential in digital assets, and we are focused on providing robust, reliable platforms, localized education, and tools that empower traders to access opportunities across both crypto and traditional markets.”

Looking forward, iFOREX plans to expand its crypto product offering, explore emerging digital asset trends, and continue delivering a secure, innovative, and client-focused trading experience to retail investors worldwide.

 

View original content:https://www.prnewswire.co.uk/news-releases/iforex-lists-on-london-stock-exchange-offering-cryptocurrency-trading-cfds-across-global-and-latam-markets-302755709.html

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Temu and QIMA Partner to Strengthen Product Testing and Platform Compliance

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DUBLIN, April 29, 2026 /PRNewswire/ — Temu, the global e-commerce platform, and QIMA, a leading testing, inspection, and certification company, today announced a partnership to strengthen product compliance and safety across the Temu platform. Under the partnership, QIMA’s testing and certification services will be integrated directly into Temu’s Seller Center, making compliance resources accessible to sellers.

QIMA will deliver independent product testing, on-site factory inspections, seller training programs, and digital compliance tools. Product testing will cover four initial categories: electrical and electronic goods, jewelry and gemstones, food contact materials, and light industrial products. Testing will be conducted against applicable regulatory and safety standards. QIMA will also conduct on-site factory inspections for selected sellers to verify production processes and supply chain practices at the source.

The Temu-QIMA partnership also includes structured training programs designed to help sellers better understand testing standards and regulatory requirements across markets, along with regular roundtables and workshops on evolving rules, policy developments, and compliance approaches.

“As e-commerce platforms serve more markets and more product categories, independent compliance infrastructure becomes essential, not optional,” said Pierre-Nicolas Disser, CEO of Consumer Products, QIMA. “This partnership, and particularly the integration into Temu’s Seller Center, is a step toward making compliance testing and certification a routine part of how sellers operate. That’s exactly the kind of work QIMA’s global network was built for.”

The partnership with QIMA builds on Temu’s broader product safety and compliance program. In 2025, the company invested approximately US$100 million globally in compliance, product safety, and quality control, with plans to double that investment in 2026. To date, Temu has established cooperation with more than 60 independent testing institutions worldwide. The partnership with QIMA represents one of the first integration of third-party compliance tools directly into the Temu Seller Center workflow.

“Temu prioritizes the safety of products on our platform, and our partnership with QIMA is a concrete step in that direction,” said a Temu spokesperson. “Together with QIMA, we are focused on providing consumers with a safe and trustworthy shopping experience, while making compliance resources more accessible to sellers on our platform.”

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

About QIMA

At QIMA, we are on a mission to help our clients make products consumers can trust. We have developed compliance solutions for testing, inspection and certification (TIC) that enable supply chain agility, sustainability, and product innovation. Our services are used by 30,000 businesses globally in the consumer products, agri-food and life sciences industries. What truly sets us apart is our unique culture of relentless care for our clients, and a commitment to offering intuitive solutions that blend deep tech and human intelligence; this is how QIMA continues to disrupt the Testing, Inspection and Certification industry.

SOURCE Temu

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