According to IMARC Group’s latest report, titled “Data Center Construction Market: Industry Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global data center construction market reached a value of US$ 47.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 75.3 Billion by 2027, exhibiting at a CAGR of 9% during 2022-2027. Report Metric Historical: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027 We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. Data center construction refers to the process of physically designing and building a data center facility with the required capacity, efficient design and disaster tolerance systems to perform essential functions. It generally consists of backup power supplies, data communication connections, air conditioning (AC), fire suppression systems, and security devices. It assists in the optimal utilization of resources and ensures that environmental factors are taken into consideration. Request Free Sample Report: https://www.imarcgroup.com/data-center-construction-market/requestsample Market Trends Significant growth in the information technology (IT) industry, along with the continuous rise in data consumption and widespread utilization of big data analytics and cloud-based system, represents one of the major factors driving the market. Apart from this, the construction of green data centers is gaining traction across the globe as these data centers use low emission building materials that facilitate efficient waste recycling. Moreover, extensive infrastructural developments, in confluence with the launch of liquid cooling technology and direct-to-cooling chip server racks to prevent overheating in data centers, are anticipated to strengthen the market growth. Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/data-center-construction-market List of Key Companies Covered in this Market Report:
- AECOM (NYSE: ACM)
- DPR construction Inc.
- Eaton Corporation Inc. (NYSE: ETN)
- Fujitsu Limited (TYO: 6702)
- Holder Construction Company
- Legrand SA (EPA: LR)
- Rittal GmbH & Co. KG
- Schneider Electric SE (EPA: SU)
- Tripp Lite
- Turner Construction
- Vertiv Group Corporation. (NYSE: VRT)
- Electrical Construction
- UPS
- Rack PDU (Power Distribution Unit)
- Generators
- Transfer Switches and Switchgears
- Others
- Mechanical Construction
- Cooling Systems
- Racks
- Others
- Mid-Size Data Centers
- Enterprise Data Centers
- Large Data Centers
- Tier I & II
- Tier III
- Tier IV
- Public Sector
- Oil & Energy
- Media & Entertainment
- IT & Telecommunication
- Banking, Financial Services and Insurance (BFSI)
- Healthcare
- Retail
- Others
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape