According to IMARC Group’s latest report, titled “Data Center Construction Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global data center construction market to exhibit moderate growth during the next five years.
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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Market Trends
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:
Breakup by Construction Type:
Electrical Construction
UPS
Rack PDU (Power Distribution Unit)
Generators
Transfer Switches and Switchgears
Others
Mechanical Construction
Cooling Systems
Racks
Others
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)
Healthcare
Retail
Others
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Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being AECOM, DPR construction Inc., Eaton Corporation Inc., Fujitsu Limited, Holder Construction Company, Legrand SA, Rittal GmbH & Co. KG, Schneider Electric SE, Tripp Lite, Turner Construction and Vertiv Group Corporation.
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