Data Center Construction Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
A data center is a facility used by an enterprise to accommodate computer systems, server, network systems and other related components to support a company’s IT infrastructural needs. This basically involves storing, processing and serving large amounts of crucial data, which ranges from small servers to robust large industrial scale equipment and dedicated client architecture. The construction of data center is a critical task, which includes extensive planning in terms of location, storage, and material to be used in order to maintain and control environment within the data center. The location is an important factor to be considered while planning to build a data center as it is very necessary to keep the environment cool inside data center. The equipment inside data center such as server and storage are running 24x7 and they generate large amount of heat, which could result in equipment failures, further affecting efficiency of the service provider.
The data center construction market is expected to grow with rise in demand for energy efficient data centers to address the carbon impact of their business and increase utilization of more renewable assets into their ventures. Hence, data centers are aiming to go green, resulting in an increase in use of electricity generated through solar and wind power for data centers. Evaporative cooling, utilization of low-emanation building materials, and waste reusing are a portion of the strategies used in green server farms. Moreover, green server farms help in running IT operations, power, and cooling base in an efficient manner. Additionally, to accommodate ever increasing amount of data, companies are compelled to operate numerous data centers, which are generally located at distant places. This is another factor driving the data center construction market.
The data center industry is undergoing enormous growth, due to significant rise in online users and increased transactions in recent years. Increasing business demands for cloud-based services and data storage facilities around the globe is a major factor driving the growth of data center construction market. The rapidly-increasing data traffic is accelerating demand for data storage, resulting in constant expansion and renovation of data centers. Moreover, companies are seeking for global expansion of data centers to meet the growing demand from enterprises.
Some of the major restraints for the growth of the data center construction market are lack of necessary resources, and growing popularity of containerized data centers. Containerized data centers provide infrastructure support for organizations having a scarcity of budget for constructing a data center, this eventually decreases the demand for traditional data center. Several countries around the globe also face power outages, which have created unsuitable conditions for operation of data centers. The major players operating in the data center construction market include 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 and FORTIS Construction Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from ICT
TechnologyHigh-Performance Computing-Thematic Research