Global Data Center Construction Market Overview
The data center construction market was valued at $44.18 billion in 2017 and is likely to reach $86.37 billion at a CAGR of 8.94% during the forecast period of 2018 to 2023. The combined set of processes that are used to physically construct a data center facility are known as data center construction. A data center construction focuses on construction standards that are require to build data center environment. Data center construction are now adoption innovative solutions such as multipurpose cooling systems and modular infrastructure.
Increasing popularity of distributed data centers and rising demand for cloud applications has majorly driven the data center construction market. However, lack of necessary resources has hindered the growth of the market. The growth in investments in hyperscale data center is expected to open new market opportunities for the data center construction market.
The data center construction market is segmented based on construction type, enterprise type, end users, and geography. Electrical design and mechanical design are analyzed in the segmentation by construction type. Based on enterprise type, the data center construction market is sub-divided into small & medium-scale enterprise and large-scale enterprise. By end users, the market is segmented into BFSI, IT & telecommunications, gove
ment & defense, healthcare, retail, manufacturing, and others. Geographically, the data center Construction market is sub-divided into North America, Europe, Asia-Pacific, and Rest of the world.
The key market players operating in the data center construction market include IBM Corporation (U.S.), SAS Institute Inc. (U.S.), Tu
er Construction Co. (U.S.), DPR Construction Inc. (U.S.), Fortis Construction (U.S.), Hensel Phelps Construction Co. Inc. (U.S.), JE Dunn Construction Group Inc. (U.S.), MA Mortenson Company Inc. (U.S.), AECOM (U.S.), Gilbane Building Company Inc. (U.S.), Clune Construction Company, L.P. (U.S.), Nabholz Corporation (U.S.), RagingWire Data Centers Inc. (U.S.), CyrusOne Inc. (U.S.), Cyxtera Technologies Inc. (U.S.), and among others.
DATA CENTER CONSTRUCTION MARKET SEGMENTS
Market By Construction Type
• Electrical Design
• Mechanical Design
Market By Enterprise Type
• Small & Medium-scale Enterprise
• Large-scale Enterprise
Market By End Users
• BFSI
• IT & Telecommunications
• Gove
ment & Defense
• Healthcare
• Retail
• Manufacturing
• Others
Market By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
KEY STAKEHOLDERS IN THE MARKET
• Data center providers
• Investment Banks
• End-use Industries
• Gove
ment Bodies
• Industry Associations
• Consulting Companies/Consultants in IT Sector