A Research study on Data Center Construction Market analyzes and offers ideas of exhaustive research on ancient and recent Data Center Construction market size. Along with the estimated future possibilities of the market and emerging trends in the Data Center Construction market.
The global data centre construction market accounted for US$ 45.1 Bn in 2018 and is expected to grow at a CAGR of 8.4% over the forecast period 2019-2027, to account for US$ 89.9 Bn in 2027. The demand of data centre construction market is largely influenced by rise in the demand of green/energy efficient data center, which is designed to achieve maximum energy efficiency and decreasing the environmental impact. For this purpose, strategies to reduce carbon footprint are used within the data centers including low-emissions building materials usage, minimizing building footprints, water and waste recycling as well as making use of alternative energy technologies. These alternative technologies include heat pumps, photovoltaic, evaporative cooling etc. For achieving energy efficiency and controlling the costs of operations, several companies are already implementing measures to reduce electricity and water usage in the data centers.
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The overall data centre construction market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the data centre construction market. It also provides the overview and forecast for the global data centre construction market based on all the segmentation provided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the data centre construction industry. Some of the prominent companies present in data centre construction market are DPR Constructions, Inc., Fujitsu Limited, Hitachi Vantara Corporation (Hitachi Ltd.), AECOM, Holder Construction Company, Rittal GmbH & Co. KG, Tripp Lite, Turner Construction, The Whiting-Turner Contracting Company, and Schneider Electric. SE among other data center construction market players.