Press release
Data Center Construction Market Comprehensive Analysis by 2027: AECOM, Turner Construction Company, Schneider Electric, Fujitsu Global and Hitachi
Global Data Center Construction market is expected to grow from US$ 45.1 Bn in 2018 to US$ 89.9 Bn by 2027 at a CAGR of 8.4% between 2019 and 2027.Data Center Construction market is experiencing a high growth across the globe, driven by growth in BFSI, government, education, manufacturing, retail, transportation, media & entertainment, and other industries. As these industries are using more and more connected devices, and availing easy access to internet coupled with decreasing cost of internet services, the demand for data storage is increasing worldwide.
In 2016, the proportion of Data Center traffic generated by cloud was around 6.0 zettabytes of data, according to Cisco Systems, and this comprised of 88% of the total traffic. Furthermore, the company estimates that in the year 2012, this Data Center traffic will increase to 95% or 19.5 zettabytes of all data traffic. This has resulted in cloud-based companies to deploy more IT space in their data centers. Several industries are exploring cloud offerings and discovering the benefits of cloud Data Center services to support their needs related to storage.
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Leading Virtual Reality Market Players:
• DPR Construction
• Fujitsu Global
• Hitachi Vantara
• Hitachi
• AECOM
• AECOM (incorporating Davis Langdon, An AECOM Company)
• Holder Construction Company
• Rittal GmbH & Co. KG
• Tripp Lite
• Turner Construction Company
• The Whiting-Turner Contracting Company
• Schneider Electric
The Data Center Construction market report focuses on an in-depth segmentation of the Data Center construction market based on types of construction, Tier standards, industry verticals, and geography. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By types of construction segment, the electrical design is accounted for the largest share in the Data Center construction market in 2018 and is projected to grow at the highest CAGR during the forecast period.
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North America is one of the dominant regions in Data Center construction market which is contributing highest revenue globally due to the presence of a large number of players and industry verticals. The US and Canada are contributing towards a high share in the Data Center construction market. Moreover, Mexico is projected to be the fastest growing region in the Data Center construction market in the North American Region.
The North America market in terms of technology service providers, financial industries and government agencies is considered to be one of the best-represented regions. The rapid pace of technological development and supporting government regulations made North America the most promising market for Data Centers.
Table of Content
1. INTRODUCTION
2. Key Takeaways
3. Data Center Construction Market Landscape
4. Global Data Center Construction Market – Key Industry Dynamics
5. Data Center Construction Market – Global
6. Global Data Center Construction Market Analysis – By Types of Construction
7. Global Data Center Construction Market Analysis – By Tier Standards
8. Global Data Center Construction Market Analysis – By Industry Vertical
9. Global Data Center Construction Market – Geographical Analysis
10. Industry Landscape
11. Competitive Landscape
12. Global Data Center Construction Market – Key Company Profiles
13. Appendix
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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