Global Datacenter Construction Market Growth Overview, Covid – 19 Outbreak Analysis, Top Companies: Turner Construction Company, DPR Construction, AECOM, Schneider Electric, M. A. Mortenson Company, Arup, Brasfield & Gorrie, L.L.C.

Overview-
Datacenter construction is an embodied set of processes used to physically build a data center facility. It is used to hosts computer systems and related IT equipment. Based on construction, data center construction can be classified into general construction, electrical design, and mechanical design. The Global Data Center Construction market is expected to grow from US$ 45.1 billion in 2018 to US$ 89.9 billion by 2027.

Get the Free Analysis with this Report (Covers Updated Covid-19 Impact Analysis on Keyword Industry): https://www.worldwidemarketreports.com/covidimpact/405649

Drivers-
The increasing penetration of the internet has led to a rise in the usage of interconnected devices in public and private spaces. These factors have positively created a demand for data centers in order to store and process large amounts of data. According to Datareportal, in 2019, there were over 4.33 billion active internet users. Furthermore, the increasing adoption of cloud computing by small and medium enterprises is expected to fuel market growth. According to International Data Corporation, by 2020, 67% of enterprise infrastructure and the software will be for cloud-based offerings.

Restraints-

High set up and maintenance cost restricts the growth of the global data center construction market

Regional Insights-
North America is expected to dominate the market for data center construction due to rising investment in mega data center projects. For instance, in Dec 2018, Apple Inc. announced its plan to invest USD 10 billion in data centers over the next five years to set up a new 133-acre facility in Austin, Texas.

The Asia Pacific is expected to gain significant growth over the forecast period due to increasing investments from the cloud service providers and hyperscalers. Additionally, an increasing partnership between telecommunication and cloud service providers for offering 5G services, rising penetration of smartphones, and the growing popularity of internet-based services have also contributed to the development of data centers.

Download Free Sample Copy of ‘Keyword market’ Report: https://www.worldwidemarketreports.com/sample/405649

Competitive section-

The key players in the market are Turner Construction Company, DPR Construction, AECOM, Schneider Electric, M. A. Mortenson Company, Arup, Brasfield & Gorrie, L.L.C., Currie & Brown Holdings Limited, Fortis Construction, Gensler, HDR, Holder Construction Group, LLC, ISG ltd, Jacobs, Jones Engineering Group, Skanska, Structure Tone Organization, and The Boldt Company
In July 2020, Schneider Electric built control centers for Egypt’s national energy grid which will ensure an efficient, reliable, and safe electricity supply for both consumers and industry.
In July 2019, Princeton Digital Group acquired 70% of stakes in PT XL Axiata Tbk’s data center business and formed a new joint venture company, Princeton Digital Group Data Centers (PGDC)

Thanks for your visit. If you have any other questions, please contact us. Our team will prepare a report tailored to your needs.

https://www.worldwidemarketreports.com/quiry/405649

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Contact Us:

Mr. Shah
Worldwide Market Reports
Seattle, WA 98154,
U.S.
Email: sales@worldwidemarketreports.com

This release was published on openPR.