Data Center Construction Market is Growing at 4.34% CAGR Globally By 2021

“Data Center Construction Market: high investment for data center architecture and design during 2016-2021”
According to MarketIntelReports, ” Strategic Assessment of Worldwide Data Center Construction Market – Forecast Till 2021″, covers the market size, market share, average cost of construction, growth trends, market drivers, market restraints, and forecast for the period 2016-2021

The data center construction is a process of hosing computer systems with its associated components such as racks, storage systems and telecommunication equipment. Data centers contain small as well as large scale systems. Data centers require constant power suppliers and 24/7 working cooling systems along with other security set up. There is high scope for the Data Center Construction Market in various regions across the globe during 2016-2021.

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Scope and Regional Forecast of the Data Center Construction Market:

The number of internet users has increased across the world in the last 17 years, from 52 million in 1992 in 1998 to 2.8 billion in 2015. The Data Center Construction Market is poised to grow at a CAGR of 4.34% during 2016-2021.

In the Data Center Construction Market, with growth of users, there is demand for high traffic handling data centers which are usually tier 4 data center. The major factors that drive this market are emerging technologies such as big data analytics, cloud computing and increasing support by government agencies for development of infrastructure through 2021.

North America is one of the prominent regions for the Data Center Construction Market which invests huge capital for its growth. Europe and Asia Pacific are estimated to have significant growth in this market during 2016-2021.

The Data Center Construction Market is a fast developing market with growing demand for datacenters and increasing investment for data center building for providing various data center services in various regions across the globe. This market is expected to witness high growth owing to the increasing expenditure for data center projects and design data center structure to provide colocation services, growing demand for green data center in various regions across the globe during 2016-2021.

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Segmentation and Key Players of the Data Center Construction Market:

The Data Center Construction Market is segmented into various categories by tier standardization, by types of construction and by geography as follows:

By Tier Standardization: Tier 1 & 2 data centers, Tier 3 & 4 data centers

By Types of Construction: Electrical construction, Mechanical construction and General construction

By geography: North America, Latin America, Europe, Asia Pacific and Middle East and Africa

The key players in the Data Center Construction Market are as follows:

  • Drake & Scull International
  • DPR Construction
  • CSF group
  • BHP Design

The growing computing and data center requirement is the major factor that is driving this market to build data center of different data center tiers for providing services in their respective regions across the globe during 2016-2021.

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