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Data Center Construction Market to 2022 - Global Analysis and Forecasts by Types of Construction (Electrical Design, Mechanical Design and General Construction), Tier Standards & Industry Verticals - Research and Markets

[August 08, 2017]

Data Center Construction Market to 2022 - Global Analysis and Forecasts by Types of Construction (Electrical Design, Mechanical Design and General Construction), Tier Standards & Industry Verticals - Research and Markets

The "Data Center Construction Market to 2022" report has been added to Research and Markets' offering.

The datacenter construction market is expected to reach US$ 68,953.8 million by 2022 from US$ 33,871.5 million in 2015. Electrical design construction segment is expected to continue its dominance. Currently, almost 40% of the datacenter construction market share by revenue is captured by are electrical design.

The key trend which will predominantly effect the market in coming year in datacenter construction market is colocation and cloud services are expected to gain the larger pie of the market. For small enterprises, constructing their own data center involves huge capital. Since, these enterprises don't have enough budget or capital expenditure to construct a data center also, the ROI is comparatively low. Therefore, most of these enterprises are choosing colocation or cloud services.

These companies don't require much storage space and constrcting their own data center is not feasible for them. Thereby, they depend on colocation or CSPs for storing their data. Also, apart from capital required to build a data center, other expenses and efforts such as maintenance and service becomes a burden for these companies.

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