Global Data Center Construction Market

Global Data Center Construction Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 9.2% through 2020 to 2027, reaching nearly US$ XX Bn.

Global Data Center Construction Market

The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Data center construction is related to building a facility on a raised floor and is used to IT equipment and host computer systems. Data centers are power-intensive structures and they consume 205 terawatt-hours of electricity, which is 1% of all the electricity consumed all over the globe.

The data center construction market is currently at the front of various innovations, which aim to boost operational efficiencies, reduce power consumption, and decrease carbon emissions in facilities. The adoption of monitoring solutions and energy-efficient infrastructure has increased considerably in the market. Services with high-power consumption are being consolidated, and service providers are shifting toward efficient colocation facilities and cloud platforms. Also, the growth in investments in hyper scale data center is expected to open new market opportunities for the data center construction market globally. Though, the lack of needed resources has hindered the growth of the market. The report focuses on data center construction value at the global level, regional level and company level. From a worldwide perspective, this report represents the data center construction market size by analyzing historical data and prospect.

Also, the report will provide an accurate prediction of the contribution of the various segments to the growth of the data center construction market size. By verticals, IT & telecommunication segment is expected to grow at the highest XX% CAGR during the forecast period. This is attributed to the wide use of data centers in this sector for storing a large amount of data generated from heavy usage of internet and high penetration of mobiles. The construction of hyper scale data center and edge data centers in the IT sector is expected to boom because of increased demand for advanced facilities to manage data traffic. Also, telecom service providers are expanding their broadband and telecom networks to improve connectivity, which is expected to drive the demand for data center constructions in this vertical.

The report offers a brief analysis of the major regions in the data center constructions market, namely, Asia-Pacific, Europe, North America, South America, and the Middle East & Africa. North America is the global leader in data center constructions market. In 2019, it accounted for around XX.56% of the market share. North America provides a large number of growth opportunities for data center construction companies. The rising adoption of IoT devices among industries in the region has increased the need for data centers. Favorable conditions like tax-friendly environment, low electric tariffs and risk of natural disasters have increased the deployment of data centers in Toronto, Canada.

The India, U.S, China, the U.K, Germany, and Japan, were the most preferred locations for the development of hyper scale data centers in 2019. New entrants in the hyper scale-space increased in the past year. These contain Giga Data Center, EdgeCore, Echelon, Chayora, PointOne, and Archer Data Center. GIGA Data Centers opened 60-MW data center ability in North Carolina, U.S, with an initial capacity of 4 MW in 2019.

The competitive landscape section in the data center construction market offers a deep dive into the profiles of the leading companies operating in the global market landscape. It provides captivating insights on the key developments, differential strategies, and other crucial aspects about the key players having a stronghold in the data center construction market. In 2019, Princeton Digital Company, based in Singapore, acquired 70% of stakes in PT XL Axiata Tbk’s data center business and formed a new joint project company, Princeton Digital Group Data Centers (PGDC). This joint venture is likely to drive Princeton Business Group’s business in Indonesia.

The objective of the report is to present a comprehensive analysis of the Global Data Center Construction Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Data Center Construction Market dynamics, structure by analyzing the market segments and projects the Global Data Center Construction Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Data Center Construction Market make the report investor’s guide.

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Scope of the Global Data Center Construction Market

Global Data Center Construction Market, By Design Type

• Electrical Construction
• Mechanical Construction
Global Data Center Construction Market, By Tier Type

• Tier 1
• Tier 2
• Tier 3
• Tier 4
Global Data Center Construction Market, By Verticals

• Public Sector
• Oil & Energy
• Media & Entertainment
• IT & Telecommunication
• Banking, Financial Services, Insurance (BFSI)
Global Data Center Construction Market, By Region

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Key players operating in Global Data Center Construction Market

• Corgan Associates, Inc.
• Holder Construction
• Turner Construction
• DPR Construction
• Structure Tone
• Mortenson Construction
• Gilbane Inc.
• Balfour Beatty US
• Hensel Phelps
• Hoffman Construction
• HITT Contracting
• Fluor Corporation
• IMC Construction
• Pepper Construction
• FORTIS Construction Inc.

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