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Data Center Construction Market (2017 - 2025) - Global Analysis and Forecasts

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Data Center Construction Market (2017 - 2025) - Global Analysis and Forecasts

PR Newswire

LONDON, Sept. 3, 2018 /PRNewswire/ -- The global data center construction market accounted for US$ 43.7 Bn in 2017 and is expected to grow at a CAGR of 10.2% during the forecast period 2018 – 2025, to account for US$ 92.9 Bn in 2025. Data centers these days have become more of the strategic asset than a mere office back – support. The historic bubble burst of big data and artificial intelligence led to massive shift from on – premises data centers to cloud – based database management systems. 

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Presently there are millions of data centers across the globe and the number is anticipated go beyond the count of 8 million in the year 2017. Furthermore, strategic events such as, mergers and acquisitions in the field of data centers is a trend that's on pace to continue. With the burgeoning demand for robust and resilient data centers the end users are focusing more upon the data center infrastructure, and therefore the data center construction market is expanding vigorously across the globe. Additionally, the data center RIETs are possessed to have impressive return on investment as compared to other categories of funds that are accomplishing more in single digits.

The growth of data center construction is also highly influenced by the partnership between government and enterprises directed towards reduction of carbon footprints. Data center are now becoming a key assets contributing in the enhancement of a country's economy and thus, government all across the globe are supporting and offering services for both local as well as global enterprises.

The data center construction market is broadly classified into types of construction, tier standards, and industry verticals and geography.The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research.

Also, we have studied the market segments offered by major players in this market, in order to understand widely used market-specific terminologies to represent any particular segment. Thus, we have incorporated outputs of this research and have come up with a final segmentation of the market.

North America is one of the prominent regions in data center construction equipment market which will contribute highest revenue globally due to technological developments and considerable application of data centers in different industry vertical segment.Rapidly growing economies in Asia-Pacific (APAC) with significant growth construction sector will pave the path for increasing adoption and propel the market for data center construction market.

The APAC region is expected to lead the market with highest CAGR during the forecast period. Some of the major players identified across the general construction segment are Whiting-Turner Contracting Co., Holder Construction Co., DPR Construction, Turner Construction Co. and AECOM. Major players across electrical segment includes Schneider Electric SE, Hitachi Ltd., and Fujitsu.

The overall market size has been derived using both primary and secondary source.The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market.

Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the data center construction industry.

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