Press release
Data Center Construction Market In Latin America To Grow At A CAGR Of 14.77% During The Period 2016-2020
Data centers are used to house enterprise IT infrastructure. They are the backbone of essential business operations. The demand for cloud-based services and the growth of the Internet of Things (IoT) are prompting enterprises in Latin America to construct data centers to gain a competitive edge. Complexities associated with business applications have increased because of enormous growth in data volumes, triggering an increased need for the construction and renovation of data centers. In addition, enterprises in Latin America are focusing on the construction of green data center facilities to reduce power consumption and carbon dioxide emissions.
The construction of a data center encompasses design, architecture, installation of electrical and mechanical systems, and incorporation of security mechanisms. Infrastructure certifications play a vital role in the building of data center facilities.
Technavios analysts forecast the data center construction market in Latin America to grow at a CAGR of 14.77% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the data center construction market in Latin America for 2015-2020. To calculate the market size, the report considers the revenue generated from new data center construction and renovation of data centers.
The market is divided into the following segments based on construction type:
Electrical construction
Mechanical construction
General construction
Technavio's report, Data Center Construction Market in Latin America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Aceco TI
AECOM
Analgica
Constructora Sudamericana
Turner Construction
Other prominent vendors
Fluor
Jacobs Engineering
Holder Construction
Mortenson Construction
Market driver
Growing adoption of cloud-based services
For a full, detailed list, view our report
Market challenge
Lack of infrastructure expertise
For a full, detailed list, view our report
Market trend
Green data center
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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