Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News |  Data Center Construction spending will increase by average $2 billion every yearAECOM, DPR Construction, Holder Construction, Jacobs Engineering, and Turner - who will have the largest pie?
Data center construction is the process of housing computer systems along with associated components that includes storage systems, racks and telecommunication equipment. Data centers ranges from small servers to robust large industrial scale equipment. The data centers require constant high power supplies, 24/7 cooling systems, fire suppression systems for the security of the environment, and a well-protected area for the physical security. Due to this most of the organizations prefer to construct data centers in low-cost locations where power consumption and cost associated with electricity is cheaper. The report provides in-depth analysis of market size and growth of Worldwide Data center construction market. This market research report includes a detailed market segmentation of the Worldwide Data center construction Market by Type of Construction •Electrical Construction •Mechanical Construction •General Construction By Tier Standards •Tier 1 & 2 •Tier 3 & 4 Geographic Segmentation •North America •APAC •Europe •Latin America •Middle East & Africa •ROW Data Center Construction - Market Size and Dynamics Market research analysts at Beige Market Intelligence, forecast the Worldwide Data Center Construction market to grow at a CAGR of around 4% during the forecast period. The global data center construction market is expected to witness its saturation level by 2020. It is expected that the average cost of construction of data center per square feet will decline significantly by the end of forecast period. One of the primary reasons for this significant decline is technological innovation, which lead to the construction of cost effective solutions. Worldwide Data Center Construction market can be segmented based on the type of construction as Electrical Construction, Mechanical Construction, and General Construction. Electrical Construction segment was valued at around US$18 billion in 2015 and is expected to reach over US$22 billion by 2021. General Construction segment is expected to grow at a CAGR of over 8% during the forecast period. Data Center Construction - Geographic Analysis Since 2012, the number of data center construction in China, India, and SEA is increasing due to investment by large global enterprises and SMEs. Also, construction of data centers in SEA by global cloud service providers such as Google, and encouragement by the government, is also responsible for the rise of data center construction investment. The revenue from construction of data centers is expected to grow steadily in APAC from 2015-2019. Compared to US and Europe, data center general construction investment is smaller in APAC because the reason behind this is availability of resources in general and the low cost of resources available. The European data center construction market is the second largest in the world, following the North American market. However, the market will witness growth in a new Tier3&4 data center constructions, which will boost its market revenue. The reason behind this growth is geographically this is the most preferred location for datacenter construction. Particularly, the Western Europe, and Scandinavian countries have attracted major global large data center owners such as Apple, Google, Microsoft, and Facebook. Data Center Construction - Drivers, Restrains and Trends This market research report provides market overview of the factors driving and restraining the growth of the market. The report also outlines the key trends emerging in the market that will contribute to the growth of Worldwide Data Center Construction market during the forecast period. The factors driving the growth of the market include the need to accommodate high data growth by data center facilities. It is a challenging task for an enterprises to process large volume of data generated. The necessity of storing data in a single location is growing at a rapid pace and this has led to the demand for optimally sized data centers among enterprises to manage capacity and real-time computing requirements. Moreover, the growth of cloud computing and big data analytics, and reduction of carbon footprint among government enterprises are the other major growth drivers expected to fuel the growth of the market during the forecast period. Some of the major restraints confronting the growth of the Data center construction market are deficiency in construction resources, and growing popularity of containerized data center. There is a significant difference between the demand for expertise in construction of resources and its availability in many regions, especially among countries that lack enough knowledge of IT infrastructure management. One of the primary reasons is the presence of a very limited number of data center construction vendors for overall data center construction. One of the major trends witnessed by the Data Center Construction market include the Increasing construction of environment- Data Center Construction - Key Vendors The report Data Center Construction market also provides the competitive landscape of the key players. The report covers the players operating in the entire value chain of the market. The major players identified within the report are AECOM, DPR Construction, Holder Construction, Jacobs Engineering, and Turner Construction. The report also covers the other prominent vendors in the market such as Arup Group, Corgan Associates, Gensler, HDR Architecture, ISG, Jones engineering, Nakano, Schneider Electric, Sweett, Syska Hennessy, SISK. To get free sample of the report, please visit http://www.beigemarketintelligence.com/ End
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
Account Phone Number