Data Center Construction Market Size In 2022 : Top Countries Data with CAGR Value, Global Industry Brief Analysis

Posted by Animesh Rao on July 19th, 2022

Market Overview

According to Market Research Future (MRFR), the Data Center Construction Market will grow at a CAGR of 13.51 per cent between 2020 and 2030. (forecast period). The Data Center Construction Market offers a primary overview of the industry covering different product definitions, classifications, and participants in the industry chain structure.

 The vast amount of data used each day, combined with the rapid expansion of data centre facilities, is likely to drive market demand over the projection period. The rapid increase in the usage of IoT devices may have a beneficial impact on market growth. In the future years, the Data Center Construction Market is likely to benefit from increased demand for energy-efficient data centres. This, in turn, is likely to increase demand for low-heat building materials. Green strategies, such as garbage reuse and evaporative cooling, are anticipated to assist this trend.

Furthermore, the market is being driven by the implementation of a software-defined data centre in healthcare. Medical spending rises year after year, and the cost of optimization from the customer's standpoint is also being considered. According to the Institute for Health Metrics and Evaluation, healthcare spending is anticipated to reach USD 18.28 trillion by 2040, with high-income countries paying roughly USD 9,019 per person.

Key Players

  • Page Southerland Page (U.S.)
  • Holder Construction Group (U.S.)
  • Gensler (U.S.)
  • Syska Hennessy Group (U.S.)
  • DPR Construction (U.S.)
  • Turner Construction Company (U.S.)
  • AECOM (U.S.)
  • Arup Group (U.K.)
  • Structure Tone (U.S.)
  • Jones Engineering Group (Ireland)
  • HDR Architecture (U.S.)
  • Corgan Associates Inc. (U.S.)

Market Segmentation

The Global Data Center Construction Market has been divided into three categories: design type, Tier type, and Verticals.

By Design Type

  • Electrical Construction
  • Mechanical Construction

By Tier Type

  • Tier 1
  • Tier 2
  • Tier 3
  • Tier 4

By Verticals

  • Public Sector
  • Oil & Energy
  • Media & Entertainment
  • IT & Telecommunication
  • Banking, Financial Services, Insurance (BFSI)

Get Complete Report Details @ https://www.marketresearchfuture.com/reports/data-center-construction-market-5809

Regional Classification

North America dominated the data centre building market in 2019, with a revenue share of more than 40.0 per cent, followed by the Asia Pacific. The significant revenue share of North America can be attributable to strong investment in hyperscale enterprises. The United States is a mature economy with a well-established, modern network infrastructure. It also serves as a hub for major cloud service providers such as Amazon.com, Google, Inc., and Facebook. These companies are investing in the building of mega facilities to increase data storage and processing capacity, hence enabling corporate growth. 

Furthermore, the rising demand for Unified Communications-as-a-Service (UCaaS) solutions from North American telecommunications and business technology resellers helps to market expansion. SkySwitch, for example, offers white-label UCaaS from geographically diversified sites to MSPs, VARs, ISPs, and interconnects to maximise system reliability.

Table Of Content

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Market Structure

3 Market Insights

4 Research Methodology

4.1 Research Process

4.2 Primary Research

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

Continued...

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Animesh Rao

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Animesh Rao
Joined: June 1st, 2021
Articles Posted: 154

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