LONDON--(BUSINESS WIRE)--Technavio has announced the publication of a new market research report on the Global Data Center Construction Market, which is expected to post a CAGR of 10.34 percent from 2015-2019.
About the Report
According to the latest report by Technavio, the market is witnessing growing demand for cloud computing and big data analytics.
“Both cloud and big data use are increasing among enterprises worldwide, which is expected to increase data center traffic considerably, thus propelling the demand for data center facilities,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also emphasizes the trend towards green data centers. Most modern data center facilities are seeking Power Usage Effectiveness (PUE) and Leadership in Energy and Environmental Design (LEED) certification before commencing construction of their facilities.
“PUE and LEED certification is expected to help enterprises cut their total cost of ownership considerably,” says Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the Global Data Center Construction Market from 2015-2019. To calculate the market size, the report considers revenue generated from the following:
- New data center construction and renovation of data centers
- Capital expenditure used for electrical, mechanical, and general construction
Information Covered in the Report:
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Key Data Center Vendors:
- AECOM Group
- Arup Group
- Corgan Associates Inc.
- DPR Construction Inc.
- Fluor Corp.
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Drivers in the Data Center Construction Market:
- IoT
- For a full detailed list, view our report.
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Challenges in the Data Center Construction Market:
- Containerized Data Centers
- For a full detailed list, view our report.
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Trends in the Data Center Construction Market:
- Green Data Centers
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the data construction market:
- Data Center Construction Market in Latin America 2015-2019
- Data Center Construction Market in GCC 2015-2019
If you are interested in more information, please contact our media team at media@technavio.com.