What's Driving the Data Center Construction Market Growth Rate? Prominent Players Are- IBM, DPR Construction, Nabholz Corporation, CyrusOne, Cyxtera Technologies

Global "Data Center Construction Market" Report 2020-2024 delivers important insights and provides a complete analysis of key market trends, dynamics, the future scope of the industry. The Data Center Construction market study offers details regarding the valuable estimations of the market such as market size, sales capacity, and profit projections. The report offers a widespread analysis of key drivers, leading market players, key segments, and regions. Also, the specialists have deeply deliberate different geographical areas and presented a competitive scenario to assist new entrants, leading market players, and investors to determine emerging economies.

Data Center Construction market size report contains growth rate, revenue, segmentation with product type, application, end-users, regions, manufacturers, and more.

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Market Overview:
o The data center construction market was valued at USD 18.56 billion in 2018 and is expected to reach a value of USD 30.00 billion by 2024 at a CAGR of 8.34% over the forecast period of 2019-2024. The development of advanced technologies, such as cloud-based services, internet of things, software-defined data centers, and disaster recovery has fueled the demand for the construction of data centers globally.
o - By the end of 2018, 550 MW data centers were under construction across Europe, North America, Middle East, and APAC, with the North American markets accounting for over 44% of the total.
o - Even today, the state and local municipalities of North America are competing to construct more data centers to their markets. For instance, Texas passed tax incentive legislation that provides a 100% exemption of sales taxes on business personal property necessary for data center operation over 10 to 15 years for large data center users.
o - The regulations and mandates by the government to reduce energy consumption have led many large companies to shift their data centers from the remote locations to the urban area.
o - For instance, the new prototype named "The Spark", moved data centers from remote locales to the middle of cities, allowing them to provide nearby buildings with energy. Solar panels on the surrounding houses provide the data center with energy. This concept has the capacity to supply the energy to 18,000 people as well as the power consumption of the data center can reduce upto 40%.

Top Key Players in The Data Center Construction Market Report Are:
o IBM Corporation
o SAS Institute Inc.
o Turner Construction Co.
o DPR Construction
o Inc
o Fortis Construction
o Hensel Phelps Construction Co.
o Inc.
o HITT Contracting Inc.
o JE Dunn Construction Group
o Inc.
o M. A. Mortenson Company
o Inc.
o AECOM
o Gilbane Building Company
o Inc.
o Clune Construction Company
o L.P.
o Nabholz Corporation
o RagingWire Data Centers
o Inc.
o CyrusOne Inc.
o Cyxtera Technologies
o Inc.

Scope of the Report:

The data center constructions focus on designing and building a data center by considering capacity, disaster tolerance, and efficient design. Depending upon the quality and reliability of the data center, the Scope of the Report: is limited to Tier 1, Tier 2, Tier 3, Tier 4, which is being used in small, medium and large scale enterprise.
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Key Market Trends:

Growing Adoption of Hyperscale Data Centers is Driving the Market Growth

- Hyperscale data center is broadly used in different sectors to increase computing ability, memory, networking infrastructure, or storage resources. The different features of a hyperscale data center include the physical infrastructure and distribution systems that support data centers, maximizing cooling efficiency, the ability to scale computing tasks in a quicker and faster way.
- Many cloud-based companies such as Google and Facebook are investing in supercomputers to accommodate their hyperscale needs.
- For instance, Facebook is expecting the construction of its fifth hyperscale facility, a H-shaped Building with 2.5 million sq. ft area by mid 2020.
- Furthermore, in February 2019, India's leading data center player, CtrlS, invested INR 2000 crore in setting up hyperscale infrastructure which is claimed to be the world's largest Hyperscale Tier-4 data center facility.
- Besides, in Thailand, ST Telemedia Global Data Centres (STT GDC) announced the construction of their hyperscale data center facility which will consist of two seven-story buildings within a data center campus where each building will support an IT load of 20MW, with construction taking place over two phases. This increased contruction of hyperscale data centers is expected to significantly drive the market growth.

North America to Hold a Major Share

- Over the years, the United States has been identified to be one of the fore-runners in the adoption of new technologies. With the rise in big data analytics, companies in that region, to avoid falling short on traditional storage, have been identified to deploy the construction of new data centers and colocation centers to run business analytics.
- The growing investment in the metro infrastructure in North America has provided optimal opportunity for the data center construction. For instance, CyrusOne has built 340,000 square feet mega-data center in Dallas metro in three phases with 100MW of capacity.
- Furthermore, the service industry in the United States has been growing at a robust rate, which in turn is leading to the generation of vast volumes of data. Organizations are increasingly adopting data centers to store and process the acquired data.
- In 2018, Kolos data center constructed the largest data center in the world in Ballangen, Norway with 600,000-square meter, 1,000 MW of computing power. The data center to scale up to two GW of consumable renewable power, which is more than any other data center location in the world.

Key Questions Answered in The Report:
o What will the Data Center Construction market growth rate?
o What are the key factors driving the global Data Center Construction market?
o Who are the key manufacturers in Data Center Construction market space?
o What are the market opportunities, market risk and market overview of the Data Center Construction market?
o What are sales, revenue, and price analysis of top manufacturers of Data Center Construction market?
o Who are the distributors, traders and dealers of Data Center Construction market?
o What are the Data Center Construction market opportunities and threats faced by the vendors in the global Data Center Construction Industry?
o What are sales, revenue, and price analysis by types and applications of Data Center Construction Industry?
o What are sales, revenue, and price analysis by regions of Data Center Construction industry?

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Detailed TOC of Global Data Center Construction Market Trends, Status and Forecast 2020-2024

1 INTRODUCTION
1.1 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Demand for Cloud Applications
4.3.2 Rising Adoption of Hyperscale Data Centers
4.4 Market Restraints
4.4.1 Lack of Necessary Resources
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 TECHNOLOGY SNAPSHOT

6 MARKET SEGMENTATION
6.1 By Tier Type
6.1.1 Tier 1
6.1.2 Tier 2
6.1.3 Tier 3
6.1.4 Tier 4
6.2 By Size of the Enterprise
6.2.1 Small and Medium-scale Enterprise
6.2.2 Large-scale Enterprise
6.3 By End User
6.3.1 Banking, Financial Services, and Insurance
6.3.2 IT & Telecommunications
6.3.3 Government & Defense
6.3.4 Healthcare
6.3.5 Retail
6.3.6 Power & Energy
6.3.7 Manufacturing
6.3.8 Other End Users
6.4 Geography
6.4.1 North America
6.4.1.1 United States
6.4.1.2 Canada
6.4.2 Europe
6.4.2.1 United Kingdom
6.4.2.2 Germany
6.4.2.3 France
6.4.2.4 Rest of Europe
6.4.3 Asia-Pacific
6.4.3.1 China
6.4.3.2 India
6.4.3.3 Japan
6.4.3.4 Rest of Asia-Pacific
6.4.4 Latin America
6.4.4.1 Brazil
6.4.4.2 Mexico
6.4.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 IBM Corporation
7.1.2 SAS Institute Inc.
7.1.3 Turner Construction Co.
7.1.4 DPR Construction, Inc
7.1.5 Fortis Construction
7.1.6 Hensel Phelps Construction Co., Inc.
7.1.7 HITT Contracting Inc.
7.1.8 JE Dunn Construction Group, Inc.
7.1.9 M. A. Mortenson Company, Inc.
7.1.10 AECOM
7.1.11 Gilbane Building Company, Inc.
7.1.12 Clune Construction Company, L.P.
7.1.13 Nabholz Corporation
7.1.14 RagingWire Data Centers, Inc.
7.1.15 CyrusOne Inc.
7.1.16 Cyxtera Technologies, Inc.

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNITIES AND FUTURE TRENDS

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