Welcome to Blueprint Recruitment’s first Quarterly Market Update!
An
insightful industry newsletter that covers everything you need to know about
the current Built Environment market.
What we’ll cover:
• Insight
into the Built Environment
• Roles in demand
• The future of flexible
working
Exploring The Built Environment
Over the past year, we have seen first-hand how the Built Environment industry has evolved in response to a rapidly changing landscape. From the rising demand for data storage to the need for sustainable residential solutions, the opportunities within this industry are only continuing to expand. We are witnessing exciting developments across various sectors, including data centres, defence, commercial, rail, and residential construction. As we navigate these changes together, we are eager to share our insights and highlight the trends shaping the future of the Built Environment heading into the last quarter of 2024.
One of the standout stars in this landscape is the data centre
sector, thriving in the UK and internationally. As our reliance on data
storage and digital infrastructure skyrockets, we are witnessing a flurry of
exciting projects, particularly driven by the demand for AI. The UK data centre
market is estimated to be 2.19 thousand MW in 2024, and is expected to grow to
3.61 thousand MW in the next 5 years. With a strong pipeline of projects lined
up across the UK for next year, now is the perfect time for design and
engineering professionals to enter this thriving market.
On a steadier note, the defence and commercial sectors
remain a solid choice for those seeking long-term projects with secure funding.
This quarter, we have actively contributed to a variety of defence initiatives,
particularly in architecture, civil, structural, and building services
industries. If you’ve got experience in this field, you’ll discover a wealth of
roles that offer not just job security but also real opportunities for career
growth.
After a quieter period, the rail sector is finally
showing signs of life, with an increase in enquiries for skilled professionals.
This revitalisation indicates a rebound, making it an excellent time for those
with experience and skills in this field to jump back in as new projects are poised
to roll out. Similarly, we have seen more enquiries for residential projects,
signalling a return to market confidence. The government’s ambitious plan to
build 1.5 million new homes reflects this renewed energy, backed by updates to
the National Policy Planning Framework and funding for new planning officers.
Plus, initiatives like a mortgage guarantee scheme for first-time buyers will
only enhance opportunities in this area.
Taking a look into the contract and permanent markets, we have witnessed a number of professionals who historically thrived as contractors now opting for the security of permanent positions. This result could be due to the rise of shorter-term roles, making it trickier to predict future placements. Furthermore, companies feeling the pinch of skill shortages are increasingly looking to contractors to fill these gaps. Conversely, in the data centre and defence sectors, skilled professionals seem to be confident enough to leave permanent roles for contract positions, driven by long-term project commitments and a rising demand for specific expertise.