Data Center Construction Market – Growth Drivers, Applications and Forecast Analysis to 2023

ReportsnReports.com adds "Data Center Construction Market in US - Industry Outlook and Forecast 2018-2023" report to its research store.

This market research report on data center construction market in US offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by type (building development, installation and commissioning services, building design, physical security, and DCIM), by tier standards (Tier 1 and Tier 2, Tier 3, and Tier 4), and by regions (South Eastern US, South Western US, Mid-Western US, Western US, and North Eastern US).

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Data Center Construction Market in US - Overview

The significant change in the use of IT infrastructure and growing adoption of cloud-based solutions across industries is propelling the growth of the data center construction in US. The BFSI, healthcare, government, and heavy industries are highest revenues generators in the US market. The increase in mega facilities construction will provide higher revenue opportunity for construction contractors, sub-contractors, architectural and engineering firms, physical security solution provider and DCIM vendors in the data center construction market in US.

The installation of systems that can support density up to 200 kW is expected to gain traction in the market during the forecast period. The colocation and cloud service providers are largest contributors in the market in the US. The major markets for operations in the US include Virginia, Texas, California, New York, North Carolina, and Illinois. Moreover, growing investments made by colocation and cloud hosting service providers in the region will boost the revenues in the overall market.

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The various construction contractors, sub-contractors, architectural and engineering firms are focusing on building facilities that match the design and sustainability standards in the market. Certification from Uptime Institute and LEED on the design, development, and operational stability of the facility will help colocation providers attract new consumers and gain a larger market share. The data center construction market in US is projected to generate revenues of approximately $3 billion by 2023 and is projected to grow at a CAGR of 4% during the forecast period.

The data center construction market in US by region is segmented into South Eastern US, South Western US, Mid-Western US, Western US, and North Eastern US. South Eastern US region to dominate the market share in 2017 and is projected to grow at a CAGR of over 4% during the forecast period. Major investment projects by key vendors such as Facebook, Carolina, Digital Realty, CyrusOne and RangingWire in Virginia will propel the expansion of the data center market in the region. The availability of cheap power, strong fiber connectivity, low taxes, and tax incentives are some of the factors propelling the growth of the market in US. The growing demand for edge data center facilities in secondary data center market such as North Carolina, South Carolina, and Tennessee will also augment the growth of this region in the US market during the forecast period.

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Key Vendor Analysis

The data center construction market in US is highly competitive, and the leading vendors are focusing on launching innovative solutions to sustain the competition in the market. The new development projects will offer lucrative revenue opportunities for local construction contractors, sub-contracts, installation and commissioning service providers, and architectural firms in the US market. The DCIM software will help operators reduce power consumption and carbon emissions to attract new consumers and gain a larger market share in the US. The deployment of modular data centers and brownfield construction will help players expand in untapped regions in the US market.

The major vendors in the data center construction market in US are:

Construction Contractors: Turner Construction, Holder Construction, DPR Construction, Jacobs Engineering Group, Corgan, AECOM & Syska Hennessy Group

Physical Security and DCIM Providers: ABB, Assa Abloy, Bosch Security Systems (Robert Bosch), Honeywell International, Nlyte Software, Schneider Electric, Siemens, SimplexGrinnell (Tyco International), Sunbird Software & Vertiv

Other prominent vendors include Clune Construction, Fluor Corp., FM Engineering, Fortis Construction, Gensler, Gilabne Building Co., HDR, Hensel Phelps, HITT Contracting, Hoffman Construction, JE Dunn Construction, Morrison Hershfield, Mortenson Construction, Structure Tone, Whiting-Turner Contracting Co., Allegion, Axis Communication, Cisco, Cormant, Digitus-Biometrics, Eaton, EMKA Group, FNT, Geist: Environet, Hangzhou Hikvision Digital Technology, Intel DCM, Modius, Optimum Path: Visual Data Center, Panduit, Rackwise, and Vigilent.

Complete report available with table of contents at https://www.reportsnreports.com/reports/1730925-data-center-construction-market-in-us-industry-outlook-and-forecast-2018-2023.html.

Key market insights include

1. The analysis of data center construction market in US provides market size and growth rate for the forecast period 2018-2023.

2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the data center construction market in US.

3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.

4. It offers a complete overview of market segments and the regional outlook for data center construction market in US.

5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

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