A new report has been published by MarketResearchReports.biz. The report is titled “Global Data Center Construction Market Size, Status and Forecast 2022.” According to the report, the global data center construction market is majorly driven by the growing penetration of IoT. The fast paced acceptance of connected devices such as connected homes, cars, health services, and cities has led to the generation of humongous amount of data. To tackle this huge amount of data, retailers, manufacturers, automotive industry players, and social media organizations are adopting IoT techniques and this is boosting the construction of data center facilities across the globe.
This report is a comprehensive study of the global data center construction market and is collated by expert analysts who have made use of charts, graphs, statistics, and tables to present the information on this market in an easy to understand way. The factors boosting and those restricting the global data center construction market have been discussed in detail.
One of the trends affecting the market is the growing popularity of co-location and cloud services. These services are mainly in demand from small enterprises who are unable to afford their own data centers on account of the high cost of constructing one and then the operational costs. The IT industry is greatly benefitting from data center construction as it enables scalability, high speed of deployment, energy efficiency, and minimal waste. The high use of smart phones, laptops, tablets, and gaming consoles has created a need for additional data storage capacity and this will also help the global data center construction market to grow over the coming years.
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The global data center construction market will especially grow in America on account of better tax incentives for the construction of these facilities. The Americas also led in the past in the data center construction market. By type, the market is segmented into electrical, general, and mechanical construction. On the basis of application, the global data center construction market is categorized into internet, telecommunication, finance, and government. The report not only points out the segment and sub-segments which is leading at present but also reveals the segment that will lead in the coming years. It also gives away the segment which is witnessing a sluggish growth. The fastest growing segment within the market has also been pointed out.
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Key players within the global data center construction market have been profiled for the purpose of study. Information such as recent developments by each of the companies as well as the challenges faced by them has been discussed in the study. The business strategies adopted by each of the players along with their expansion strategies by means of mergers and acquisitions, collaborations, and partnerships have been discussed. The players in the market are: AWS, Google, Bilfinger, Yandex, IBM, Equinix, AWS, Apple, M+W Group, NxtGen, SISK Group, Jones Engineering, Rittal, and Schneider Electric.