Global Data Center Construction Market
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Global Data Center Construction Market. The growth sectors of the Global Data Center Construction Market are identified with precision for a better growth perspective.
Market Research Future (MRFR) reports that the global data center construction is set to reach a valuation of USD 31.91 Bn by the years 2023. The market is projected to witness 9% CAGR during the forecast period (2018-2023). Factors such as emergence of cloud-computing, growing smartphone userbase, IoT boom among others is supporting the growth of the market. Increased focus of improve telecommunication networks coupled with demand for high-speed low latency data transfer has created a strong need for effective data management solutions. Such factors are driving the growth of global data center construction market.
Global Data Center Construction Market: Segmental Analysis
The segmental analysis of the market has been conducted based on vertical, tier type, design type, and region.
On the basis of vertical, key segments include healthcare, media & entertainment, public sector, BFSI, oil and energy and IT & telecommunication. Of these, the IT & telecommunication segment accounts for the lion’s share of the market in terms of value. This is accredited to the growing reliance of telecom companies on data center. The growing need for broadband connectivity has augmented fiber optic interconnects, which is fuelling the importance of data centers around the world.
On the basis of tier type, key segments include tier1, tier2, tier3, and tier4. The tier 4 segment is expected to remain highly attractive during the assessment period. Due to high-performance capabilities, tier 4 data centers are witnessing a fast uptake. Enterprises that have power cooling equipment, network links and dual power instances of storage used tier 4 data centers. Tier 4 data centers are currently the most advanced class of data centers. Enterprises are shifting towards tier 4 data as it offers end-to-end resistance.
Global Data Center Construction Market: Regional Analysis
North America dominates the global data center construction market and is likely to retain its leading position in 2019 and beyond. The tremendous growth of data centers in North America makes it a prominent market for data center construction. Demand for data storage solutions has continued to growth in countries such as the US, Mexico and Canada. The countries have made and are making significant investment in technology areas such as data analytics and big data which is reflecting favourably on the market. In 2017, the US garnered over USD 2800 Mn in revenues for the market in North America. Meanwhile, the Canada market is projected to post a 7.5% CAGR during the projecting period.
North America is followed by Europe and Asia Pacific (APAC) respectively. Rapid digitization is West Europe and East Europe has created significant opportunities for market players operating in the region. In recent years, the requirement for robust data management services has growth substantially in Europe. At the same time, there has been a significant rise in number of small and mid-sized companies in the region.
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Data Center Construction MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Data Center Construction Market.
The growth sectors of the Data Center Construction Market are identified with precision for a better growth perspective.The global data center construction market is estimated to demonstrate 9.04% CAGR during the forecast period (2018-2023) owing to the emergence of data center facilities, asserts Market Research Future (MRFR).
Data center can be referred to as a group of networked computer servers which are generally used by the organizations for processing, remote storage, and distribution of a large amount of data.
Data center construction incorporates a collection of processes which is used for constructing data centers.
With the proliferation of internet of things (IoT) and cloud, a voluminous amount of data has been generated which is likely to dictate the changing design of the data centers.Drivers and Constraints Impacting the MarketWith the augmenting adoption rate of IoT devices across the globe, the global data center construction market is estimated to propel during the appraisal period.
Data center construction also provides several benefits such as high-speed data transfer, low latency, and work in near real time.
The Latest Trending Report Global Data Center Construction Market 2020 By Manufacturers, Regions, Type And Application, Forecast To 2025 Offered By Decisiondatabases.Com Is An Informative Study Covering The Market With Detailed Analysis.
The Report Will Assist Reader With Better Understanding And Decision Making.The Data Center Construction market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Data Center Construction industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Data Center Construction and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29445-data-center-construction-market-analysis-reportThe major players covered in Data Center Construction are:Aceco TIEquinixAECOMConstructora Sudamericana S.A.Turner ConstructionDPR ConstructionFluorBy Type, Data Center Construction market has been segmented into:Electrical ConstructionMechanical ConstructionGeneral ConstructionBy Application, Data Center Construction has been segmented into:FinanceInternetTelecommunicationsGovernmentOthersThe report offers in-depth assessment of the growth and other aspects of the Data Center Construction market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)South America (Brazil, Argentina, Colombia)Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Data Center Construction Market @ https://www.decisiondatabases.com/contact/download-sample-29445There are 14 Chapters to deeply display the global Data Center Construction market.1 Data Center Construction Market Overview2 Company Profiles3 Global Data Center Construction Market Competition, by Players4 Global Data Center Construction Market Size by Regions5 North America Data Center Construction Revenue by Countries6 Europe Data Center Construction Revenue by Countries7 Asia-Pacific Data Center Construction Revenue by Countries8 South America Data Center Construction Revenue by Countries9 Middle East and Africa Revenue Data Center Construction by Countries10 Global Data Center Construction Market Segment by Type11 Global Data Center Construction Market Segment by Application12 Global Data Center Construction Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Data Center Construction Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29445Other Reports by DecisionDatabases.com:Global Construction Hoist Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Dry Construction Material Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Precast Concrete Construction Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
