Press release
Data Center Construction Market Revenue, Future Growth, Top Key Players, Trend Insights and Investment Opportunities Forecast to 2027
According to the new research report published by The Insight Partners, titled "Data Center Construction Market- Global Analysis and Forecast to 2027", the global data center construction market is expected to reach US$ 89.9 billion in 2027, registering a CAGR of 8.4% during the forecast period 2019 to 2027.Data centers these days have become more of the strategic asset than a mere office back - support. The historic bubble burst of big data and artificial intelligence led to massive shift from on - premises data centers to cloud - based database management systems. With the burgeoning demand for robust and resilient data centers the end users are focusing more upon the data center infrastructure, and therefore the data center construction market is expanding vigorously across the globe. Additionally, the data center RIETs are possessed to have impressive return on investment as compared to other categories of funds that are accomplishing more in single digits. The growth of data center construction is also highly influenced by the partnership between government and enterprises directed towards reduction of carbon footprints.
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Top Industry Players Including :
Dpr construction, Inc.
•Fujitsu Limited
•AECOM
•Holder Construction company
•Rittal GmbH & Co. KG
•Tripp Lite
•Turner Construction
•The Whiting-Turner Contracting Company
•Schneider Electric SE
•Hitachi Vantara Corporation.
Data centers these days have become more of the strategic asset than a mere office back - support. The historic bubble burst of big data and artificial intelligence led to massive shift from on - premises data centers to cloud - based database management systems. Presently there are millions of data centers across the globe and the number is anticipated go beyond the count of 8 million in the year 2017. Furthermore, strategic events such as, mergers and acquisitions in the field of data centers is a trend that's on pace to continue. With the burgeoning demand for robust and resilient data centers the end users are focusing more upon the data center infrastructure, and therefore the data center construction market is expanding vigorously across the globe. Additionally, the data center RIETs are possessed to have impressive return on investment as compared to other categories of funds that are accomplishing more in single digits.
Additionally, the data center RIETs are possessed to have impressive return on investment as compared to other categories of funds that are accomplishing more in single digits. The growth of data center construction is also highly influenced by the partnership between government and enterprises directed towards reduction of carbon footprints. Data center are now becoming a key assets contributing in the enhancement of a country's economy and thus, government all across the globe are supporting and offering services for both local as well as global enterprises. Rising popularity of standardization and modularization of large data center might lead to re - examination of typical data center in order to ensure adequate power and cooling provisions. Security of database management center will continue to remain the gravity center of data center construction planning and implementation. Additionally, the data center RIETs are possessed to have impressive return on investment as compared to other categories of funds that are accomplishing more in single digits.
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The market for data center construction has been segmented on the basis of types of construction, tier standards, industry verticals, and geography. Based on types of construction, the market has been segmented into general construction, electrical design, and mechanical design. Based on tier standards, the data center construction market has been segmented into Tier 1 and Tier 2, Tier 3, and Tier 4. The market is further segmented on the basis industry verticals into BFSI, government, education, manufacturing, retail, transportation, media & entertainment, others. Geographically, the market is fragmented into five regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The industry landscape chapter gives a brief knowledge about the various product development, partnerships, expansion, merger and acquisition, and joint ventures strategies implemented by the company. With all these strategies the companies enhance their product offerings and footprint globally across all industries, therefore boosting the annual growth of respective companies. The maximum percent of market initiatives followed by the companies is partnerships, and expansions which was observed in the forecast years. The market initiatives strategy which includes have 56% partnerships, and expansions of the total strategies adopted by the companies. Similarly, new product development was observed to have about 44% of the total strategies.
The research provides answers to the following key questions:
•What is the estimated growth rate of the market for the forecast period 2020-2027 ? What will be the market size during the estimated period?
•What are the key driving forces responsible for shaping the fate of the Personality Assessment Solution market during the forecast period?
•Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Personality Assessment Solution market?
•What are the prominent market trends influencing the development of the Personality Assessment Solution market across different regions?
•What are the major threats and challenges likely to act as a barrier in the growth of the Personality Assessment Solution market?
•What are the major opportunities the market leaders can rely on to gain success and profitability?
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Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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