Data Center Construction Market (SARS-CoV-2, Covid-19 Analysis) Research Report, by Design Type, Tier Type, Verticals – Global Forecast till 2023
A new market study,“ Data Center Construction Market ” has been featured on Market Research Future.
Data Center Construction Market Research Report offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Market Overview
Data center construction comprises a collection of processes used for the construcion of data centers. A data center is an array of networked servers for distribution, collection, and remote storage of data by companies. The proliferation of cloud and internet of things (IoT) has generated voluminous amount of data which can dictate the changing design of data centers.
The global data center construction market is anticipated to expand at a 9.04% CAGR from 2018 to 2023 (forecast period), as per the latest market report by Market Research Future (MRFR). The huge volume of data consumed on a daily basis coupled with the rapid emergence of data center facilities is expected to bolster market demand over the forecast period. The sharp uptake witnessed in the adoption rate of IoT devices can positively impact the market growth.
The demand for energy-efficient data centers is likely to open up growth opporrtunities for the market in the forthcoming years. This in turn is expected to drive the purchase of low-heat emanating building materials. Adoption of green strategies such as reuse of waste and evaporative cooling are likely to support this trend. But high initial investment costs can act as a market deterrent.
Report Overview
The report covers the latest trends affecting the market to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts make highly astute projections regarding the scope of the market and its future prospects. MRFR’s report includes a thorough analysis of the global data center construction market segmented by design type, tier type, vertical type, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.
Segment Overview
Types of design in the data center construction market includes mechanical and electrical construction. The former is sub-segmented into cooling solutions and racks, while the latter is segmented into rack power distribution units (PDU), uninterruptible power supply (UPS), transfer switches, generators, and others.
By tier type, the market is segmented into tier 1, tier 2, tier 3, and tier 4. Verticals catered by the data center construction market include IT & telecommunication, media & entertainment, oil & energy, banking, financial services, insurance (BFSI), and public sector.
The segments covered in the report are analyzed with respect to four major regions – North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW), with respective country-level market sizing. The definition and advantages of “data center construction” is outlined in the report for a comprehensive understanding of the market. The report discusses in detail the various players and their respective strategies to enhance their value chain.
Competitive Landscape
Reputed players in the data center construction market include Page Southerland Page (U.S.), Gensler (U.S.), Syska Hennessy Group (U.S.), DPR Construction (U.S.), Holder Construction Group (U.S.), Turner Construction Company (U.S.), Arup Group (U.K.), Structure Tone (U.S.), Jones Engineering Group (Ireland), AECOM (U.S.), HDR Architecture (U.S.), and Corgan Associates Inc. (U.S.). Various strategies such as acquisitions, partnerships, joint ventures, novel product launches, and distribution agreements are used by these players to gain a major share in the market.
The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, expansion techniques, and latest R&D initiatives are discussed in minute detail.
Research Methodology
At MRFR, our research analysts conduct a thorough objective analysis of the data center construction market when creating market reports by adhering to a rigorous set of standards which allow a truly comprehensive view of the market. Use of primary research strategies such as interviews with top data center vendor solutions, cloud storage providers, system integrators, infrastructure equipment providers, and manufacturers. Secondary research entails a thorough analysis of past and present trends in a forward-looking manner. Additionally, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the value and supply chain. Credible resources are accessed and verified by analysts to understand the nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future.
More Information :https://www.marketresearchfuture.com/reports/data-center-construction-market-5809
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