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Global data center construction market: 16% CAGR between 2012-2016

Press Release   •   Feb 26, 2013 10:48 GMT

The Global Data Center Construction market is to grow at a CAGR of 15.78 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing demand for colocation services. The Global Data Center Construction market has also been witnessing the use of alternative energy sources. However, the unstable economic conditions could pose a challenge to the growth of this market.

High-density data centers use high-performance data center equipment. This equipment is smaller in size, consumes less power, and delivers high-performance results, which increases the overall efficiency of the data center facility. Consequently, enterprises are adopting high-density data centers to benefit from lower operational costs and also lower equipment maintenance costs. High-density computing also has virtualization features, which further increases the productivity of data center equipment. Further, high-density data centers make use of precision data center cooling systems and other facilities in a compact space. The systems are also incorporated with centralized data center management systems, which help in ensuring the efficient functioning of data center infrastructure.

The expansion of data center facilities is one of the major drivers in the Global Data Center Construction market. The increase in adoption of advanced technologies by various enterprises is increasing the digital content in enterprise networks, which is in turn has increased the demand for data centers. Apart from procuring the latest data center equipment, enterprises are also installing powering and cooling solutions, in order to increase the operational efficiency, alongside reducing the operational expenses. This restructuring and expansion of data center facilities is driving the Global Data Center Construction market

The key vendors dominating this market space are Jacobs Engineering Group Inc., Skanska USA Inc., Structure Tone Inc., and Turner Construction Co. The other vendors mentioned in the report are Mortenson Construction, Electronic Environments Corp., J.E. Dunn Construction Co. Inc., DPR Construction, The Whiting-Turner Contracting Co., and Holder Construction Group LLC.

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