Market Research Report
Data Center Construction Market in Western Europe 2018-2022
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||336904|
|Published||Content info||101 Pages
Delivery time: 1-2 business days
|Data Center Construction Market in Western Europe 2018-2022|
|Published: November 12, 2018||Content info: 101 Pages||
Data are being generated to a large extent with the development of the Smart Revolution, which includes the development of smart homes, smart cities, and smart grids. It is crucial to process such an extensive data. This is resulting in an increased number of hyperscale data centers.
Technavio's analysts have predicted that the data center construction market in Western Europe will register a CAGR of almost 9% by 2022.
The use of GDPR ensures guaranteed data protection by promoting European-based data centers. This is encouraging vendors to increase their data center construction activities across the EU, including Western Europe.
The construction of data centers requires initial costs and large investments in network and power infrastructure. This is a significant challenge that hinders the market.
For the detailed list of factors that will drive and challenge the growth of the data center construction market in Western Europe during 2018-2022, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the extensive generation of data and the release of general data protection regulation, will provide considerable growth opportunities to vendors of the data center construction in Western Europe. ABB, AECOM, Arup, Eaton, and Schneider Electric are some of the major companies covered in this report.