LONDON--(EON: Enhanced Online News)--According to the latest market study released by Technavio, the global data center construction market is projected to grow to USD 73.87 billion by 2021, at a CAGR of more than 8% over the forecast period.
“The general construction sector occupies a majority 43% of the global data center construction market. This sector encompasses the design and construction of a well-secured facility, in addition to installing the setup, flooring, internal frames, external walls, windows, doors, installation of infrastructure, and disposal fittings”
This research report titled ‘Global Data Center Construction Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The construction of a data center includes design, architecture, installation of electrical and mechanical systems, as well as general construction services. Enterprises are showing a growing trend towards the adoption of cloud-based services, which is a key factor positively impacting the growth of the global data center construction market.
Request a sample report: https://www.technavio.com/request-a-sample?report=57343
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Based on end-users, the report categorizes the global data center construction market into the following segments:
- General construction
- Electrical construction
- Mechanical construction
“The general construction sector occupies a majority 43% of the global data center construction market. This sector encompasses the design and construction of a well-secured facility, in addition to installing the setup, flooring, internal frames, external walls, windows, doors, installation of infrastructure, and disposal fittings,” says Abhishek Sharma, a lead analyst at Technavio for data center research.
Currently, the growth of the market in the general construction segment is driven by multiple security concerns among end-users, leading to an increase in the investments made by data center owners in the installation of high-tech security infrastructures. The rise in modular data centers is another key driver of the market segment.
The electrical construction segment of the market is expected to be worth USD 20.9 billion by 2021, driven by several innovations and continual change in the design requirements for the development of green data centers. The effective planning and procurement of the proper electrical infrastructure streamlines the entire data center operation by achieving better uptime and reliability in operations. The most popularly used electrical data center infrastructure includes the UPS, rack PDUs, generators, transfer switches, and switchgear.
“Data center designs include mechanical components such as cooling solutions and racks. It also includes sprinklers, piping, belts, filters, water pipework installations, and lifts. This segment is expected to grow swiftly at a CAGR of over 9% over the forecast period, driven by the installation of innovative products to improve the power usage effectiveness,” says Abhishek.
Cooling solutions can be broadly categorized into air-based and liquid-based cooling to ensure maximum energy efficiency and reduce the total cost of ownership (TCO). Also, modern data center design incorporates better cable and air flow management features, which further enhance data center efficiency.
The top vendors highlighted by Technavio’s research analysts in this report are:
- Arup Group
- DPR Construction
- Page Southerland Page
- Holder Construction Group
- Jones Engineering Group
- Structure Tone
- Syska Hennessy
- Turner Construction
Browse Related Reports:
- Data Center Market in ANZ 2017-2021
- Data Center Colocation Market in APAC 2017-2021
- Global Data Center Rack Market 2017-2021
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like cloud computing, enterprise application, and IT hardware. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.