DUBLIN–(BUSINESS WIRE)–Feb 21, 2022–
The “Data Center Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com‘s offering.
The global data center construction market reached a value of $47.2 Billion in 2021. Looking forward, the publisher expects the market to reach $75.3 Billion by 2027, exhibiting a CAGR of 9% during 2022-2027.
- DPR Construction Inc.
- Eaton Corporation Inc.
- Fujitsu Limited
- Holder Construction Company
- Legrand SA
- Rittal GmbH & Co. KG
- Schneider Electric SE
- Tripp Lite
- Turner Construction
- Vertiv Group Corporation.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Data center construction refers to the collective process of physically constructing a data center facility. The primary focus is on designing and building a data center with the required capacity, disaster tolerance systems and efficient design to perform all the necessary functions. The infrastructure usually consists of backup power supplies, data communication connections, security devices and air conditioning and fire suppression systems. This ensures that all the resources are optimally utilized, and all the environmental factors are taken into consideration.
Significant growth in the IT industry is one of the key factors creating a positive outlook for the market. The rising penetration of connected devices and convenient access to the Internet have increased the demand for data storage systems across the globe. Furthermore, widespread utilization of big data analytics, cloud-based systems and the Internet of Things (IoT) for computing videos, audio and other formats of data is also driving the market growth. Large data centers are increasingly being constructed across various sectors for enhancing computing ability, memory, networking infrastructure and storage resources. Additionally, increasing emphasis on the construction of green data centers is acting as another growth-inducing factor. Green data centers use low-emission building materials that aid in creating sustainable ecosystems and ensure efficient waste recycling. Other factors, including the increasing adoption of liquid cooling technology and direct-to-chip cooling server racks to prevent overheating in data centers, along with extensive infrastructural developments, are expected to drive the market further.
Key Questions Answered in this Report
- 1. What is the size of the global data center construction market?
- 2. What is the expected growth rate of the global data center construction market?
- 3. What are the key factors driving the global data center construction market?
- 4. What has been the impact of COVID-19 on the global data center construction market?
- 5. What is the breakup of the global data center construction market based on the tier standards?
- 6. What is the breakup of the global data center construction market based on the vertical?
- 7. What are the key regions in the global data center construction market?
- 8. Who are the key companies/players in the global data center construction market?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Data Center Construction Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Construction Type
7 Market Breakup by Data Center Type
8 Market Breakup by Tier Standards
9 Market Breakup by Vertical
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/39co2e
View source version on businesswire.com:https://www.businesswire.com/news/home/20220221005259/en/
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INDUSTRY KEYWORD: TECHNOLOGY COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY DATA MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 02/21/2022 09:26 AM/DISC: 02/21/2022 09:26 AM
Copyright Business Wire 2022.