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Australia data centre construction market seen reaching AUD 6.24bn by 2034
09 March 2026

Australia data centre construction market seen reaching AUD 6.24bn by 2034

A new ResearchAndMarkets.com report forecasts the Australia data centre construction market will grow from AUD 3.64 billion [~USD 2.4 billion] in 2025 to AUD 6.24 billion [~USD 4.1 billion] by 2034, reflecting a 5.54% CAGR. The report highlights opportunities tied to mechanical systems such as HVAC and cooling, alongside demand for sustainable, energy-efficient designs, expanded 5G adoption, and stronger security measures.

According to the report, market growth is primarily linked to advancements in mechanical systems that support newer power distribution approaches, including modular power distribution units aimed at maintaining reliable power supply to servers. It also notes the role of electrical systems such as power distribution units (PDUs) and uninterruptible power supply (UPS) systems in enabling capacity expansion as computing and storage requirements rise.

The report points to a push toward sustainable design, energy efficiency, and renewable resources, as well as increased integration of security technologies including encryption and biometric access controls to address cyber threats. It also cites containerized data centres for rapid deployment across locations and increased use of 5G networks for more efficient data processing and improved connectivity.

In end-use segmentation, the BFSI sector is described as holding a significant share due to requirements for secure data storage, compliance with strict regulations, and support for digital banking and AI innovations, alongside demand for robust risk management solutions.

Companies featured in the report include AirTrunk Operating Pty Ltd., Multiplex Constructions Pty Limited, Fujitsu Australia Limited, Procore Technologies, Inc., Kapitol Ltd., Nilsen Pty Ltd., Kajima Australia Pty Ltd. (ICON), and DXN Limited. The report also notes that OVHcloud launched its third data centre in Sydney, Australia, in May 2024, and outlines market breakdowns by infrastructure type, data centre size, tier type, end use, and Australian regions including New South Wales, Victoria, Queensland, the Australian Capital Territory, and Western Australia.

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Related tags: HVAC
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