Market Analysis and Insights Global Data Center Construction Market
Data center construction market is expected to grow by USD 77,530.82 million at CAGR of 9.1% in the forecast period of 2021 to 2028. Data Bridge Market Research report on data center construction market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Increasing demand for data center colocation has been directly impacting the growth of data center construction market.
Data Center is a state-of-the-art room used to manage IT-related computer systems and equipment. The construction of the data center allows for air circulation under the floor and the tiles. With significant growth in internet usage, advanced software development and installation system and an increase in the number of devices connected to the public and private networks followed by an increasing amount of data. The need to store and process this huge amount of data has encouraged companies to use advanced storage and processing solutions thus driving the data center.
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Many prominent companies such as Apple Inc, IBM Corporation, Twitter among others that are building their own hyper-scale data center which is a driving factor for the data center construction market. The increasing demand for IoT applications and a growing number of cloud-based service users is also a driver for the data center construction market. Rise in the edge computing, rising penetration of connected devices, and easy access to the internet coupled with the decreasing cost of internet services is an opportunity for the data center construction market.
Legal and regulatory concerns are a challenge for the data center construction market. However, high initial investment costs are the main restraint for the growth of data center construction market during the forecast period of 2021- 2028.
This data center construction market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research data center construction market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Global Data Center Construction Market Scope and Market Size
Global Data center construction market is segmented on the basis of infrastructure type, data center type, organization size, application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on infrastructure type, the data center construction market has been segmented into electrical infrastructure, mechanical infrastructure and general construction.
Data center construction market on the basis of data center type has been segmented as tier 1, tier 2, tier 3 and tier 4.
Based on organization size, the data center construction market has been segmented into small size organization, medium size organization and large size organization.
Based on application, the data center construction market has been segmented into banking, financial services and insurance, IT & telecommunications, government & defense, healthcare, retail colocation, power & energy, manufacturing and others.
In July 2020, Schneider Electric signed an agreement with the government to develop power control centers. Schneider Electric has built control centers for Egypt’s national energy grid which will ensure an efficient, reliable, and safe electricity supply for both consumers and industry. The company is going to increase its global sale through this expansion and maximize the profit for the company.
Data Center Construction Market Country Level Analysis
Data center construction market is analysed and market size, volume information is provided by country, infrastructure type, data center type, organization size, application as referenced above.
The countries covered in the data center construction market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the data center construction market due to strong presence of contractors and sub-contractors along with the knowledge on importance of physical security in the country. Importance of physical security and expertise in developing new facilities in a short span of time is a key factor for the growth of market in this region. While Asia-Pacific will be expected to witness the highest growth rate due to growing advancement and technological innovation in the field of advanced data computing.
The country section of the data center construction market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Data Center Construction Market Share Analysis
Data center construction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to data center construction market.
The major players covered in the data center construction market report are
· Turner Construction Company
· DPR Construction
· Schneider Electric
· M. A. Mortenson Company
· Brasfield & Gorrie, L.L.C.
· Currie & Brown Holdings Limited
· Fortis Construction
· Holder Construction Group, LLC
· ISG ltd
· ROGERS-O’BRIEN CONSTRUCTION COMPANY, LTD
· Jones Engineering Group
· Structure Tone Organization
· The Boldt Company
· Hitachi Vantara Corporation
· The Whiting-Turner Contracting Company
· Tripp Lite, Fujitsu Limited
· Rittal GmbH & Co. KG
among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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