The value of data center construction in the United States has increased more than threefold between 2019 and 2024. This growth is expected to accelerate even more over the next few years. Construction spending on data centers was expected to reach 42.2 billion U.S. dollars in 2025 and increase to close to ** billion U.S. dollars by 2029. Tokyo was the city with the highest costs for data center construction, followed by Singapore, Zurich, and Osaka.
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FMI Corporation. (January 29, 2026). Data center construction put in place in the United States from 2019 to 2024, with forecasts until 2029 (in billion current U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 15, 2026, from /statistics/1615404/data-center-construction-spending-forecasts/
FMI Corporation. "Data center construction put in place in the United States from 2019 to 2024, with forecasts until 2029 (in billion current U.S. dollars)." Chart. January 29, 2026. ÌÇÐÄÆÆ½â°æ. Accessed July 15, 2026. /statistics/1615404/data-center-construction-spending-forecasts/
FMI Corporation. (2026). Data center construction put in place in the United States from 2019 to 2024, with forecasts until 2029 (in billion current U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 15, 2026. /statistics/1615404/data-center-construction-spending-forecasts/
FMI Corporation. "Data Center Construction Put in Place in The United States from 2019 to 2024, with Forecasts until 2029 (in Billion Current U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 29 Jan 2026, /statistics/1615404/data-center-construction-spending-forecasts/
FMI Corporation, Data center construction put in place in the United States from 2019 to 2024, with forecasts until 2029 (in billion current U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1615404/data-center-construction-spending-forecasts/ (last visited July 15, 2026)
Data center construction put in place in the United States from 2019 to 2024, with forecasts until 2029 (in billion current U.S. dollars) [Graph], FMI Corporation, January 29, 2026. [Online]. Available: /statistics/1615404/data-center-construction-spending-forecasts/