Data Center Construction Market Global Analysis, Opportunities, Outlook and Forecast 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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The major vendors in the data center construction market in US are:

- Construction Contractors
1. Turner Construction
2. Holder Construction
3. DPR Construction
4. Jacobs Engineering Group
5. Corgan
6. AECOM
7. Syska Hennessy Group

- Physical Security and DCIM Providers
1. ABB
2. Assa Abloy
3. Bosch Security Systems (Robert Bosch)
4. Honeywell International
5. Nlyte Software
6. Schneider Electric
7. Siemens
8. SimplexGrinnell (Tyco International)
9. Sunbird Software
10. Vertiv

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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 reve
nues in the overall market.

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.

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Data Center Construction Market in US - Dynamics

The increasing demand for the facilities at the edge is augmenting the development of the data center construction market in US. The exponential growth of connected devices across business and consumer segments and demand high bandwidth internet across rural areas promote the development of edge data centers in the US market. The initiation of smart cities that require facilities close to customer locations will create lucrative opportunities for local and global vendors in the US market. Players such as vXchnge, EdgeConneX, and 365 Data Centers are some of the key edge-developers in the market. Furthermore, the rapid deployment of modular, containerized, performance optimized data center (POD) facilities will gain predominance in the US market over the next few years.

Data Center Construction Market in US - Segmentation

This market research report on data center constrution market includes a detailed segmentation of the market by type, tier standards, and regions.

Data Center Construction Market in US -By Type

Greenfield data center developments spanning acres in land space will aid in the growth of the market during the forecast period

The data center construction market in US by type is classified into building development, installation and commissioning services, building design, physical security, and DCIM. Building development dominated the majority of the market share in 2017 and is anticipated to grow at a CAGR of approximately 3% during the forecast period. Building development in the construction market is categorized into greenfield and brownfield development. The establishment of modern facilities that are built to withstand earthquakes and floods is boosting the growth of this segment in the US market. The installation of renewable energy sources such as wind and solar energy for partial or complete power operations in greenfield data center development will revolutionize the data center construction market in the US.

The tier standards segment in the data center construction market is divided into Tier 1 and Tier 2, Tier 3, and Tier 4. Tier 3 standard dominated the market share in 2017 and is expected to grow at a CAGR of more than 5% during the forecast period. The growing requirement for sustainable designs to reduce power consumption and carbon emission of facilities is boosting the demand in this market segment in the US. The data center operators are focusing on obtaining certification from Uptime Institute, LEED and BICSI to attract new consumers and gain a larger market share. . Vendors are also focusing on adding flexibility and reducing complexity in the installation and commissioning services process to aid data center operators to react quickly to the growing demand for their services in the US market.

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Data Center Construction Market in US -By Regions

South Eastern and South Western region will continue to add more revenue to the data center construction market in US

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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