The data center construction market by investment is expected to grow at a CAGR of over 3% during the period 2019–2025.
Data Center Construction Market – Geographical Analysis
North America is among the leading markets for cloud computing, big data, and IoT technologies. Organizations in this region are currently involved in building high- performance computing data centers to continue to innovate in the field of IoT, artificial intelligence, and connected reality. Major contributors to the GDP was witnessed among sectors such as e-commerce, real estate, government, finance, insurance, and government sectors. The growth of the digital economy in the US is around 10% year-over-year. The market witnessed new development and expansion of over 135 data center facilities, which include facilities that became operational in 2019 and expected to be operational by June 2020.
Data Center Construction Market – Growth Analysis
Among colocation managed service providers, the major market growth contributors are Equinix, Digital Realty, CyrusOne, Interxion, and NTT Communications, which are spending millions of dollars worldwide for data center development. Also, local service providers specific to a region or country are propelling market growth by developing data centers in multiple locations spanning thousands of square feet area. The investment by enterprises in data center construction has reduced in recent years due to the growing demand for colocation facilities. The market is also witnessing significant investments in submarine cable projects from service providers such as Google, Facebook, and Microsoft. Also, telecommunication providers across various countries are investing heavily to grow broadband connectivity worldwide. Moreover, the government in many countries is fueling the growth of the digital economy.
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The following factors are expected to contribute to the growth of the data center construction market during the forecast period:
Base Year: 2019
Forecast Year: 2020–2025
The report considers the present scenario of the data center construction market during the forecast period and its market dynamics for the forecast period 2020−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report profiles and examines leading companies and several other prominent companies operating in the market.
Data Center Construction Market – Vendor Profiles
Prominent Data Center Support Infrastructure Providers
Prominent Data Center Contractors
Prominent Data Center Investors
Other Prominent Support Infrastructure Providers – Airedale Air Conditioning, Alfa Laval, Altima Technologies (NetZoom), Asetek, Bosch Security Systems (Robert Bosch), Condair Group, Delta Group, Euro-Diesel (KINOLT), Green Revolution Cooling (GRC), Hitech Power Protection, Huawei, KOHLER (SDMO), Legrand, Nlyte Software, Mitsubishi Electric Corporation, MTU On Site Energy (Rolls-Royce Power Systems AG), Socomec, Trane (INGERSOLL RAND), and ZincFive
Other Prominent Construction Contractors – Arup Group, Cap Ingelec, Corgan, CSF Group, Faithful+Gould, Fluor Corporation, Fortis Construction, Gensler, Gilbane Building, HDR Architecture, ISG, Jones Engineering, Kirby Group Engineering, KKR Investment Group (Aceco TI S.A.), Larsen & Turbo (L&T), Linesight, Mace Group, Morrison Hershfield, Mortenson Construction, Red-Engineering, Structure Tone, Syska Hennessy Group, and Winthrop
Other Prominent Data Center Investors – Cologix (Colo-D), Colt Data Centre Services (COLT DCS), Compass Data Centers (Root Data Center), COPT Data Center Solutions (COPT DCS), CoreSite Realty, Global Switch, Keppel DC, Quality Technology Services (QTS Realty Trust), ST Telemedia Global Data Centres (STT GDC), and Vantage Data Center
Data Center Construction Market – Segmentation
Market Segmentation by Facility Type
Market Segmentation by Electrical Infrastructure
Market Segmentation by Mechanical Infrastructure
Market Segmentation by General Infrastructure
Market Segmentation by Tier Standards
Market Segmentation by Geography
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