Data Center Construction Market is Expected to Grow at a CAGR of 10.2% during 2017-2025

The global data center construction market accounted for US$ 43.7 Bn in 2017 and is expected to grow at a CAGR of 10.2% during the forecast period 2017 - 2025, to account for US$ 92.9 Bn in 2025.

As the penetration of connected devices worldwide increases, the storage demands for the humongous data that is being generated and is projected to snowball in the coming years, is also expected to increase. In order to address the burgeoning data storage space demand the data center service providers are rapidly expanding their data center capacities by building new data centers.

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Leading Data Center Construction Market Players:

1. Dpr construction, Inc.
2. Fujitsu Limited
3. AECOM
4. Holder Construction company
5. Rittal GmbH & Co. KG
6. Tripp Lite
7. Turner Construction
8. The Whiting-Turner Contracting Company
9. Schneider Electric SE
10. Hitachi Vantara Corporation

In the coming years as the data traffic continues to increase with the use of large number of connected devices and easy access to internet coupled with decreasing cost of internet services, the demand for data storage is increasing worldwide. The proportion of data center traffic generated by cloud was around 1.2 zettabytes of data, according to Cisco Systems, and this comprised of 46% of the total traffic. Furthermore, the company estimates that in the year 2017, this data center traffic will increase to 69% or 5.3 zettabytes of all data traffic.

The report focuses on an in-depth segmentation of this market based by types of construction, tier standards, and industry verticals. The geographic segmentation of the report covers five major regions including; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. North America is among the prominent regions in data center construction market which is anticipated to contribute highest revenue globally. This is majorly attributed to the regions capability of imbibe advanced technological developments and considerable demand of data centers facilities across different industry verticals. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in businesses generating ample of data and increasing penetration of connected devices is expected to contribute to the rise in data center construction. The APAC region is expected to lead the market with highest CAGR during the forecast period.

In addition, the report also analyzes the current data center construction market scenario and forecasts the market till 2025. It covers market dynamics impacting the market and analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.

Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Data Center Construction Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Data Center Construction Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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