The global data center construction market to exhibit moderate growth during the next five years.
According to IMARC Group’s latest report, titled “Data Center Construction Market Share: Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026”. Datacenter stands for designated archives that offer a physical or virtual infrastructure to store, process, organize, and disseminate data and critical files of an organization. They are distinctly designed distinctly and can be either internet-facing or enterprise data centers. The data centers comprise of the most significant network systems for performing daily tasks efficiently. They also constitute a large-centralized place with multiple IT systems and solutions or a small room with physical files and reports.
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The rising adoption of data center servers across numerous industries for consistent data transfer from private servers to cloud-based solutions is currently driving the market growth. Data centers primarily store servers and other equipment, thereby enabling cloud service providers to house various cloud services and resources. Additionally, the extensive use of private and public cloud solutions is expected to grow in the coming years, which will propel the global market for data center construction. Moreover, the data transferring has significantly boosted across public cloud and other commercial facilities, such as network provider’s point of the current location and colocation sites. This has catalyzed the adoption of the Internet of Things (IoT), which utilizes data center servers to include endpoint devices, nearby devices, and intelligent gateway devices. In the coming years, the rising client-centric solutions, sophisticated security management, and numerous technological innovations will continue to drive the global market for data center construction.
Data Center Construction Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- DPR construction Inc.
- Eaton Corporation Inc.
- Fujitsu Limited
- Holder Construction Company
- Legrand SA
- Rittal GmbH & Co. KG
- Schneider Electric SE
- Tripp Lite
- Turner Construction
- Vertiv Group Corporation.
The report has segmented the market on the basis of construction type, data center tier standards, vertical and region.
Breakup by Construction Type:
- Electrical Construction
- Rack PDU (Power Distribution Unit)
- Transfer Switches and Switchgears
- Mechanical Construction
- Cooling Systems
Breakup by Data Center Type:
- Mid-Size Data Centers
- Enterprise Data Centers
- Large Data Centers
Breakup by Tier Standards:
- Tier I & II
- Tier III
- Tier IV
Breakup by Vertical:
- Public Sector
- Oil & Energy
- Media & Entertainment
- IT & Telecommunication
- Banking, Financial Services and Insurance (BFSI)
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Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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