Market Research Report
Global Data Center Construction Market Research Report - Forecast to 2023
|Published by||Market Research Future||Product code||640120|
|Published||Content info||100 Pages
Delivery time: 1-2 business days
|Global Data Center Construction Market Research Report - Forecast to 2023|
|Published: May 1, 2018||Content info: 100 Pages||
The data center construction is a set of processes in which planning, designing, and construction are done for physical construction of data center to facilitate data center services. The factors which are driving the market growth of data center construction are the increasing demand for data centers, network operation centers, and disaster recovery. Furthermore, the increasing number of data in companies and increasing adoption of Internet of Things are also impelling the growth of data center construction market.
Companies such as AECOM (U.S.), Arup Group (U.K), Fluor Corporation (U.S.), Gensler (U.S.), HDR, Inc. (U.S.), Page Southerland Page, Inc. (U.S.), are the global providers of data center construction solutions across the world. The increasing adoption of IoT enabled connected devices is another factor boosting the growth of data center construction market. On November 18, 2015, AECOM went into partnership with Project Frog, Inc., a leading innovator in advanced component buildings, to offer data center construction to the companies due to increasing need for data centers. This data center building is a combination of modular innovation with high quality and flexibility of data center services.
The global data center construction market is segmented into the component, type, and region. The component segment is further sub-segmented as consulting services, data center design and engineering services, and data center physical construction. Furthermore, data center physical construction is sub-segmented into construction & installation management, general construction, electrical construction, and mechanical construction. The data center construction consulting services are sub-segmented into strategic data center planning, technology consulting, facility assessment, and security consulting. The data center design & engineering services are further sub-segmented into infrastructure design and engineering, physical and technical security, and commissioning planning. Additionally, the infrastructure design and engineering are sub-segmented into physical, mechanical, civil, and others. The type is segmented into Tier I, Tier II, Tier III, and Tier IV. The market is spanned across regions including North America, Europe, Asia Pacific, and Rest of the World.
Global Data Center Construction Market is estimated to reach USD ~ 29 billion by the end of the forecast period of 2023, at a CAGR of ~7%.Key Players
Some of the prominent players in the global data center construction market AECOM (U.S.), Arup Group (U.K), Fluor Corporation (U.S.), Gensler (U.S.), Corgan (U.S.), HDR, Inc. (U.S.), Page Southerland Page, Inc. (U.S.), Holder Construction Group (U.S.), Jones Engineering Group (U.K), Structure Tone (U.S.), Syska Hennessy Group (U.S.), Aceco TI (U.S.), Jacobs Engineering Group (U.S.), Turner Construction Company (U.S.) and among others.
The regional analysis of daa center construction market is done for regions such as Asia Pacific, Europe, North America, and the Rest of the World. North America is the leading region due to increasing adoption of artificial intelligence which is propelling the market growth of data center construction. Followed by the European region, the data center construction market is gaining momentum due to advanced cloud computing which is propelling the market growth. Whereas, Asia Pacific countries, including China, Japan, and India, are the incipient markets for data center construction, and it is expected to gain momentum with the increasing demand of data storage and grow with the highest CAGR in the coming years.
TABLE31 Europe: Data Center Construction Market, By Country