Press release
Data Center Construction Market Revenue and Business Views is Projected to Reach $416.4 Billion by 2032 | CAGR of 7.4%
Data Center Construction Market
Prime determinants of growth
As digital transformation accelerates across industries across the globe, fueled by the proliferation of mobile devices, rise in internet penetration, and adoption of cloud-based applications, there is a huge demand for robust infrastructure capable of handling vast amounts of data. Hyperscale data centers, characterized by their immense scale and efficiency, are uniquely positioned to meet this escalating demand. These facilities offer unparalleled computing power, storage capacity, and networking capabilities, enabling organizations to leverage advanced technologies such as AI, IoT, and big data analytics to drive innovation and gain competitive advantage. These factors are contributing to the growth of the data center construction market globally.
Request Sample Pages: https://www.alliedmarketresearch.com/request-sample/A37899
Segment Highlights
Businesses are increasingly turning to colocation facilities rather than maintaining their own data centers. Colocation providers provide shared data center space with secure infrastructure, allowing businesses to scale their IT requirements without the need to build and operate their own facilities. Additionally, the volume of data generated globally is rapidly increasing, thanks to technologies such as the Internet of Things (IoT) , artificial intelligence (AI) , and big data analytics. This ever-increasing data requires greater storage and processing capacity, necessitating the construction of additional data centers thereby propelling the growth of the market.
Similarly, hyperscalers and colocation providers are expanding into new locations to serve increasing local markets. This regional diversity necessitates the establishment of data centers in important places around the world. Moreover, businesses globally are undergoing digital transformation, resulting in a greater reliance on cloud-based services and data-driven applications. This digital revolution demands a strong data center infrastructure to accommodate the new technologies. These factors are further contributing to the growth of the global data center construction market.
Buy this Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/data-center-construction-market/purchase-options
Regional Outlook
Based on region, the data center construction market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest share in 2023. North America has appropriate infrastructure due to the presence of prime vendors in nations such as the United States and Canada, leading in an increase in demand for smart artificial intelligence-powered equipment in this region.
Major Industry Players: -
Cisco Systems Inc
IBM Corporation
Oracle Corporation
ABB
Hitachi Ltd
Equinix, Inc.
Schneider Electric
Huawei Technologies Co., Ltd.
Fujitsu
Hewlett Packard Enterprise Development LP.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A37899
The report provides a detailed analysis of these key players in the global data center construction market. These players have adopted different strategies such as new development, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, portfolio, and strategic moves of market players to showcase the competitive scenario.
Recent Development:
On April 29, 2024, AdaniConneX, announced its plans to construct a sustainability-linked financing data center. Adani Enterprises and EdgeConnex entered into a joint venture with an investment of US$ 1.44 billion for the construction of the data center.
On April 24, 2024, BSNL, an Indian telecommunication provider, and Tata Communications partnered for building multiple data centers across India. The partnership is aimed to expand the data centers capacity across the country.
On April 10, 2024, an investment of US$ 1 billion was announced by Google for constructing a data center in Kansas City. The investment was made by Google to expand its data center presence in the Midwest.
On March 4, 2024, Zoho Corporation, announced the opening of the first two Middle East data centers in Saudi Arabia to ensure local data is stored within the geographical boundaries of the Kingdom, in line with Personal Data Protection Laws (PDPL)
Access Full Summary: https://www.alliedmarketresearch.com/data-center-construction-market-A37899
David Correa
1209 Orange Street
Corporation Trust Center
Wilmington
New Castle
Delaware 19801
USA Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Center Construction Market Revenue and Business Views is Projected to Reach $416.4 Billion by 2032 | CAGR of 7.4% here
News-ID: 3656124 • Views: …
More Releases from Allied Market Research
Phenolic Resin Market Growth Projection From $8.1 billion in 2021 to $12.8 billi …
Allied Market Research published a report, titled, "Phenolic Resin Market by Type (Resol and Novolac), Application (Adhesives & Binding, Foundry, Molding, Laminates, Coatings, Foam, and Others) and End-use Industry (Electrical & Electronics, Automotive, Lumber, Building & Construction, Others): Global Opportunity Analysis and Industry Forecast, 2021-2030". According to the report, the global Phenolic Resin industry generated $8.2 billion in 2020, and is anticipated to generate $12.6 billion by 2030, witnessing a…
Isophytol Market Size Is Likely To Reach a Valuation of Around $629.5 million by …
As per the report published by Allied Market Research, the global isophytol market generated $470.4 million in 2020, and is anticipated to garner $629.5 million by 2028, registering a CAGR of 3.8% from 2021 to 2028.
Rise in demand for personal care products, increase in use of vitamin E in nutrition, and surge in e-commerce activities drive the growth of the global isophytol market. However, consumer preference toward natural vitamin E…
Enterprise Application-To-Person (A2P) SMS Market supported by a 7.8% from 2024 …
Allied Market Research published a report, titled, "Enterprise Application-to-Person (A2P) SMS Market by Deployment (On-premise and Cloud), Application (Pushed Content Services, Customer Relationship Management Services, Promotion and Marketing, Interactive Services and Others), and End User (BFSI, Retail and E-commerce, Travel and Hospitality, Healthcare, Media and Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the enterprise application-to-person (A2P) SMS market was valued at $56.1 billion…
Organic Dyes Market Surges from $3.3 billion in 2019 to $5.1 billion by 2027, Re …
According to the report published by Allied Market Research, the global organic dyes industry generated $3.3 billion in 2019, and is expected to generate $5.1 billion in 2027, witnessing a CAGR of 5.8% from 2020 to 2027.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/10975
Rise in demand for eco-friendly products as well as textile printing inks and increase in application of organic dyes in paints and coatings drive the growth of the global organic…
More Releases for Data
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Global Data Analytics Outsourcing Market |data analytics outsourcing, big data o …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Data Analytics Outsourcing Market “
The report on data analytics outsourcing market provides analysis for the period 2016 – 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers major trends and technologies playing…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
Data Quality and Data Governance Solution Market - Demand For Cost-Effective Dat …
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology.
Data quality and data governance…
