Data Center Construction Market Analysis, Size, Growth, Share,Demand Outlook & Forecast to 2027
The global data center construction market size is anticipated to reach USD 121.56 billion by 2027, expanding at a CAGR of 8.5% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Increasing internet usage, high penetration of smartphones, and cloud computing have been at the forefront of generating a large volume of data, which has been a key factor driving the market. Meanwhile, the service providers are focused on enhancing the operational efficiencies to reduce power consumption and carbon footprint of the data centers. This has resulted in the rise in construction of edge and colocation data centers, which are compact and energy efficient, thereby driving the overall data market. Data centers comprise of mechanical systems built on a raised floor, which form a big part of the spending and are responsible for harmful emissions to the environment. As such, the service providers have introduced direct evaporative cooling techniques separating hot and cold air streams in the market, which also eliminates the need for raised floors. Furthermore, growing trend of modular data center infrastructure promises the effective deployment of capital based on its portable design to be placed anywhere data capacity is needed. Such efficient ways of building infrastructure are expected to bolster the growth of this market. Data centers consume a large amount of electrical energy so the data center service providers and developers are focused on investing significantly in renewable energy sources, like wind and solar farms, to combat the energy usage. Therefore, building data centers near clean and cheap energy sources are of paramount importance to make them
affordable to run. For example, Facebook has built its mega data center next to a hydroelectric plant in Lulea, Sweden. Furthermore, the focus on edge computing may result in an effective usage of electrical energy given their small size and efficient designs. Continuous innovation in designs to effectively harness the electrical power from renewable resources is expected to drive the market. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/datacenter-construction-market Data Center Construction Market Report Highlights
By tier standard, the tier 4 data centers are expected to expand at the highest CAGR of 10.6% over the forecast period on account of the high cost of construction and increasing number of upcoming hyperscale facilities
Asia Pacific is anticipated to expand at the fastest CAGR over the forecast period due to rising number of data centers. North America led the market with a revenue share of 38.0% in 2019
The market is characterized by intense competition. Key market players are focused on forming mergers. For instance, in June 2019, Swedish data center developer, EcoDataCenter merged with Fortlax AB, a data center company. This will help EcoDataCenter strengthen its presence in the Nordic region.
Data Center Construction Market Segmentation Grand View Research has segmented the global data center construction market based on infrastructure type, tier standard, end use, and region: Data Center Construction Infrastructure Type Outlook (Revenue, USD Billion, 2016 - 2027)
Electrical
General
Mechanical
Data Center Construction Tier Standard Outlook (Revenue, USD Billion, 2016 - 2027)
Tier 1
Tier 2
Tier 3
Tier 4
Get Sample of Report @ https://www.grandviewresearch.com/industry-analysis/datacenter-construction-market/request/rs1? Data Center Construction End-use Outlook (Revenue, USD Billion, 2016 2027)
IT & Telecom
BFSI
Government & Defense
Healthcare
Energy
Others
Data Center Construction Regional Outlook (Revenue, USD Billion, 2016 2027)
North America o
U.S.
o
Canada
Europe
o
U.K.
o
Germany
o
France
Asia Pacific o
China
o
India
o
Japan
Latin America o
Brazil
o
Mexico
Middle East & Africa
List of Key Players of Data Center Construction Market
AECOM
DPR Construction
Equinix, Inc.
Fluor Corporation
Gensler
Holder Construction Group LLC
Table of Content Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope and Assumptions 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Data Center Construction- Industry Snapshot & Key Buying Criteria, 2016 - 2027 Chapter 3. Data Center Construction Industry Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint/challenge analysis 3.4.3. Market opportunity analysis 3.5. Key Opportunities Prioritized 3.6. Industry Analysis - Porter's 3.6.1. Supplier Power 3.6.2. Buyer Power 3.6.3. Substitution Threat
3.6.4. Threat from new entrant 3.7. PEST Analysis 3.7.1. Political Landscape 3.7.2. Environmental Landscape 3.7.3. Social Landscape 3.7.4. Technology Landscape Chapter 4. Data Center Construction Market: Infrastructure Type Outlook 4.1. Data Center Construction Market Share by Infrastructure Type, 2019 & 2027 (USD Billion) 4.2. Electrical 4.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) 4.2.2. Market estimates and forecast by region, 2016 2027 (USD Billion) 4.3. General 4.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) 4.3.2. Market estimates and forecast by region, 2016 2027 (USD Billion) 4.4. Mechanical Continue………
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