Hyperscale data center construction wave (2020s)
Cloud providers and AI companies poured hundreds of billions into data center construction, creating a sustained boom for builders. Skanska booked data center and semiconductor projects worth SEK 6.7 billion in Q2 2026 alone.
Construction firms with data center expertise saw order books swell.
Data center construction became a major revenue line for large builders.
Skanska's tech facility orders are part of this wave, and the October add-on shows it is still running.
