2026 Forecast: Industry Growth Is Spurred by Megaprojects, Data Centers and Shifting Policies
AI Article Summary
Data centers are a key driver of market growth in the construction industry. Forecasts predict a significant increase in data center construction, with a 24.9% increase expected in 2026 following substantial growth in previous years. Megaprojects and changing policies also contribute to this upward trend. This growth is fueled by diverse factors including technological demands and policy shifts.
What This Means for Canadian Contractors
For Canadian builders, this means significant opportunities in the data center construction sector, given the growing demand fueled by technological advancements. This project shows how contractors may need to adjust their strategies to accommodate these trends, particularly by securing permits quickly and managing supply chain demands effectively. Anticipating shifts in policy and funding can also position them advantageously in the market.
