The global data center construction market size will grow by USD 5.63 billion during 2019-2023. This report provides a detailed analysis of the market by type (base building shell construction and architecture planning and designing) and geography (APAC, Europe, MEA, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several data center construction companies including AECOM, Arup Group Ltd., DPR Construction, Holder Construction, and Turner Construction Co.
High costs associated with the construction of data centers has led many SMEs to partner with CSPs to rent space in data center facilities. The colocation services offered by CSPs help SMEs store servers, storage devices, and network equipment securely in a cool and monitored environment. To capitalize on this opportunity, CSPs are building data centers by obtaining design and architectural services from general construction providers. With the rise in the investments by CSPs, the demand for general construction providers is expected to increase. This is expected to drive the growth of the data center general construction market over the forecast period.
Enterprises are focusing on developing green data centers to achieve cost-savings and also to reduce their carbon footprint. Green data centers use renewable energy sources and help reduce electricity costs. This has encouraged many companies across the world to invest in the construction of green data centers. For instance, Flipkart.com, a major e-commerce company in India, recently announced the opening of its green data center that runs on renewable energy in Hyderabad, India. The growing adoption of green data centers is expected to fuel the growth of the global data center general construction market at a CAGR of around 8%. However, the market’s momentum will decelerate in the coming years because of the decrease in year-over-year growth.
Top Companies in the Data Center Construction Market
The global data center general construction market is fairly concentrated. This research report provides a detailed analysis of the market’s competitive landscape and provides information on the products offered by various companies. Key insights provided by this data center construction market report will help companies create effective strategies to improve their revenue share.
The report offers a detailed analysis of several leading companies including:
AECOM
Arup Group Ltd.
DPR Construction
Holder Construction
Turner Construction Co.
Market Segmentation
Data Center Construction Markt by Type
Base building shell construction
Architecture planning and designing
Base building shell construction is highly preferred construction type by general construction service providers. It reduces risk by managing the contractor’s qualifications and capabilities and local regulations and contract conditions. Base building shell construction also saves time through design coordination and strong sub-contractor relationships. These factors are contributing to the growth of the segment.
Data Center Construction Market by Region
APAC
Europe
MEA
North America
South America
North America offers a large number of growth opportunities for data center construction companies. The growing adoption of IoT devices among end-user industries in the region has increased the need for data centers. Favorable conditions such as low electric tariffs, tax-friendly environment, and low risk of natural disasters have increased the deployment of data centers in Toronto, Canada. These factors are contributing to the growth of the data center construction market in North America.
Major Highlights of the Data Center Construction Market – Forecast 2019-2023
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the data center construction market size during the next five years
Precise estimation of the global data center construction market share, size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the data center construction industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of data center construction companies
Summary:
Get latest Market Research Reports on Data Center General Construction . Industry analysis & Market Report on Data Center General Construction is a syndicated market report, published as Data Center General Construction Market by Type and Geography - Global Forecast and Analysis 2019-2023
. It is complete Research Study and Industry Analysis of Data Center General Construction market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.