DC Construction Market 2020 : Forecasts for 2024

•  Zenit News
•  28 Oct 2020

The report focuses on the favorable Global "Data Center Construction market" and its expanding nature. The Data Center Construction market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

• The data center construction market was valued at USD 18.56 billion in 2018 and is expected to reach a value of USD 30.00 billion by 2024 at a CAGR of 8.34% over the forecast period of 2019–2024. The development of advanced technologies, such as cloud-based services, internet of things, software-defined data centers, and disaster recovery has fueled the demand for the construction of data centers globally.
• By the end of 2018, 550 MW data centers were under construction across Europe, North America, Middle East, and APAC, with the North American markets accounting for over 44% of the total.
• Even today, the state and local municipalities of North America are competing to construct more data centers to their markets. For instance, Texas passed tax incentive legislation that provides a 100% exemption of sales taxes on business personal property necessary for data center operation over 10 to 15 years for large data center users.
• The regulations and mandates by the government to reduce energy consumption have led many large companies to shift their data centers from the remote locations to the urban area.
• For instance, the new prototype named "The Spark", moved data centers from remote locales to the middle of cities, allowing them to provide nearby buildings with energy. Solar panels on the surrounding houses provide the data center with energy. This concept has the capacity to supply the energy to 18,000 people as well as the power consumption of the data center can reduce upto 40%.

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Key Manufacturers

• IBM Corporation
• SAS Institute Inc.
• Turner Construction Co.
• DPR Construction
• Inc
• Fortis Construction
• Hensel Phelps Construction Co.
• Inc.
• HITT Contracting Inc.
• JE Dunn Construction Group
• Inc.
• M. A. Mortenson Company
• Inc.
• AECOM
• Gilbane Building Company
• Inc.
• Clune Construction Company
• L.P.
• Nabholz Corporation
• RagingWire Data Centers
• Inc.
• CyrusOne Inc.
• Cyxtera Technologies
• Inc.

Market Dynamics: -

• Drivers: (Developing regions and growing markets)
• Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
• Opportunities: (Regional, Growth Rate, Competitive, Consumption)

Data Center Construction market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Data Center Construction market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Data Center Construction market have also been involved in the study.

Scope of the Report:

• The data center constructions focus on designing and building a data center by considering capacity, disaster tolerance, and efficient design. Depending upon the quality and reliability of the data center, the Scope of the Report: is limited to Tier 1, Tier 2, Tier 3, Tier 4, which is being used in small, medium and large scale enterprise.
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TOC of Data Center Construction Market Report Covered:

Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Data Center Construction market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued...

Reasons to Purchase Data Center Construction Market Report Covered:

• The report analyses how Data Center Construction market will grow in the future.
• Analyzing various perspectives of the Data Center Construction market with the help of Porter's five forces analysis.
• Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
• Recognize the new developments, Data Center Construction market shares and policies employed by the major market players.
• Competitive landscape including the Data Center Construction market share of major players along with the key policies accepted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Data Center Construction market players

Key Market Trends:

Growing Adoption of Hyperscale Data Centers is Driving the Market Growth

Hyperscale data center is broadly used in different sectors to increase computing ability, memory, networking infrastructure, or storage resources. The different features of a hyperscale data center include the physical infrastructure and distribution systems that support data centers, maximizing cooling efficiency, the ability to scale computing tasks in a quicker and faster way.

Many cloud-based companies such as Google and Facebook are investing in supercomputers to accommodate their hyperscale needs.

For instance, Facebook is expecting the construction of its fifth hyperscale facility, a H-shaped Building with 2.5 million sq. ft area by mid 2020.

Furthermore, in February 2019, India's leading data center player, CtrlS, invested INR 2000 crore in setting up hyperscale infrastructure which is claimed to be the world's largest Hyperscale Tier-4 data center facility.

Besides, in Thailand, ST Telemedia Global Data Centres (STT GDC) announced the construction of their hyperscale data center facility which will consist of two seven-story buildings within a data center campus where each building will support an IT load of 20MW, with construction taking place over two phases. This increased contruction of hyperscale data centers is expected to significantly drive the market growth.

North America to Hold a Major Share

Over the years, the United States has been identified to be one of the fore-runners in the adoption of new technologies. With the rise in big data analytics, companies in that region, to avoid falling short on traditional storage, have been identified to deploy the construction of new data centers and colocation centers to run business analytics.

The growing investment in the metro infrastructure in North America has provided optimal opportunity for the data center construction. For instance, CyrusOne has built 340,000 square feet mega-data center in Dallas metro in three phases with 100MW of capacity.

Furthermore, the service industry in the United States has been growing at a robust rate, which in turn is leading to the generation of vast volumes of data. Organizations are increasingly adopting data centers to store and process the acquired data.

In 2018, Kolos data center constructed the largest data center in the world in Ballangen, Norway with 600,000-square meter, 1,000 MW of computing power. The data center to scale up to two GW of consumable renewable power, which is more than any other data center location in the world.

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Study objectives of Data Center Construction Market Report:

• To provide a detailed analysis of the market structure along with the Data Center Construction market forecast of various segments and sub-segments of the Data Center Construction market
• To provide insights into factors influencing and affecting market growth
• To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
• To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
• To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
• To provide economic factors, technology and Data Center Construction market trends that influence the global Data Center Construction market

Detailed TOC of Data Center Construction Market Report 2019-2024:

1 INTRODUCTION

1.1 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.3.1 Growing Demand for Cloud Applications

4.3.2 Rising Adoption of Hyperscale Data Centers

4.4 Market Restraints

4.4.1 Lack of Necessary Resources

4.5 Value Chain / Supply Chain Analysis

4.6 Industry Attractiveness - Porter's Five Force Analysis

4.6.1 Threat of New Entrants

4.6.2 Bargaining Power of Buyers/Consumers

4.6.3 Bargaining Power of Suppliers

4.6.4 Threat of Substitute Products

4.6.5 Intensity of Competitive Rivalry

5 TECHNOLOGY SNAPSHOT

6 MARKET SEGMENTATION

6.1 By Tier Type

6.1.1 Tier 1

6.1.2 Tier 2

6.1.3 Tier 3

6.1.4 Tier 4

6.2 By Size of the Enterprise

6.2.1 Small and Medium-scale Enterprise

6.2.2 Large-scale Enterprise

6.3 By End User

6.3.1 Banking, Financial Services, and Insurance

6.3.2 IT & Telecommunications

6.3.3 Government & Defense

6.3.4 Healthcare

6.3.5 Retail

6.3.6 Power & Energy

6.3.7 Manufacturing

6.3.8 Other End Users

6.4 Geography

6.4.1 North America

6.4.1.1 United States

6.4.1.2 Canada

6.4.2 Europe

6.4.2.1 United Kingdom

6.4.2.2 Germany

6.4.2.3 France

6.4.2.4 Rest of Europe

6.4.3 Asia-Pacific

6.4.3.1 China

6.4.3.2 India

6.4.3.3 Japan

6.4.3.4 Rest of Asia-Pacific

6.4.4 Latin America

6.4.4.1 Brazil

6.4.4.2 Mexico

6.4.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE

7.1 Company Profiles

7.1.1 IBM Corporation

7.1.2 SAS Institute Inc.

7.1.3 Turner Construction Co.

7.1.4 DPR Construction, Inc

7.1.5 Fortis Construction

7.1.6 Hensel Phelps Construction Co., Inc.

7.1.7 HITT Contracting Inc.

7.1.8 JE Dunn Construction Group, Inc.

7.1.9 M. A. Mortenson Company, Inc.

7.1.10 AECOM

7.1.11 Gilbane Building Company, Inc.

7.1.12 Clune Construction Company, L.P.

7.1.13 Nabholz Corporation

7.1.14 RagingWire Data Centers, Inc.

7.1.15 CyrusOne Inc.

7.1.16 Cyxtera Technologies, Inc.

8 INVESTMENT ANALYSIS

9 MARKET OPPORTUNITIES AND FUTURE TRENDS

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