Market Size of United Kingdom Data Center Construction Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.05 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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United Kingdom Data Center Construction Market Analysis
The United Kingdom data center construction market is projected to register a CAGR of 5.05%.
- The upcoming IT load capacity of the United Kindom data center construction market is expected to reach 3,609.7 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase by 6.3 million sq. ft by 2029.
- The country's total number of racks to be installed is expected to reach 316,056 units by 2029. London is projected to house the maximum number of racks by 2029.
- There are close to 60 submarine cable systems connecting the United Kingdom to the globe, and many are under construction. One such submarine cable, estimated to be built by the end of 2023, is 2Africa, which stretches over 45,000 Kilometers spread across Asia, the Middle East, and Africa with the United Kingdom.