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Data Center Construction Market 2015 Review, Research, Industry Analysis, Trends and Forecast 2019

Data Center Construction market 2015 is expected to grow at a CAGR of around 7% By 2019: Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 09/16/2015 -- A data center is used to house an enterprise IT infrastructure. They constitute the backbone of essential business operations. The demand for cloud-based services is increasing among enterprises worldwide including many Fortune 500 companies. The Global Data Center Construction market is expected to grow at a CAGR of around 7% during the forecast period. Several industries around the globe are making use of advanced technologies to gain a competitive advantage. The complexities associated with business applications have increased because of the enormous growth in data volumes. This has triggered a greater need for construction and renovation of data centers around the globe. Enterprises are focusing on constructing green data centers to reduce power consumption and environmental impact. The construction of a data center includes design, architecture, installation of electrical and mechanical systems, and incorporation of security mechanisms. Infrastructure certifications also play a vital role in the building of data center facilities.

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Market Drivers of Data Center Construction:

Internet of things (IoT), which requires a data center, is experiencing tremendous growth. Data centers are more suitable for storing and processing data generated by devices connected to the internet, and also to meet the demand for real-time computing. Therefore, the market is set to witness an increase in data centers that are reliable and scalable in nature. The growing demand for cloud computing and big data analytics are also assumed to have an impact on this market, thereby driving the growth of the Global Data Center Construction market during the forecast period.

Market Challenges of Data Center Construction:

The Global Data Center Construction market is facing some serious challenges. One of them is the lack of expertise in designing and constructing a data center. There are several considerations involved in constructing a data center and very particular expertise to implement each and every task is important. This knowledge fall under the categories of construction, design, engineering, project management and many more. Data center construction is highly dependent on the business requirement that combines both present and future needs. Experience in converting business needs to IT infrastructure development will play a critical role in the construction of these facilities. Inadequate analysis of the requirements of an organization will result in improper construction of data centers, which results in increased CAPEX and OPEX.

Market Trends of Data Center Construction:

Data Center Construction market in GCC countries is expected to grow significantly because of certain emerging trends that are expected to have a positive influence on the market during the forecast period. Green Data Center is a trend that is gaining increased attention and will propel the growth of the market during the forecast period. A green data center should comprise better PUE and should aid in reducing the environmental effects of a facility. A data center is currently designed by considering components that support the environment, as well as business operations in an efficient manner. LEED certification is used to determine whether a constructed facility satisfies the needs of a company. Software defined data center is a trend that has started to gain traction. Thus, the combination of drivers and trends is expected to propel the market growth during the forecast period.

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The New Data Center Construction Market is broken down into Electrical, Mechanical and General, which are further segmented into as follows:

Electrical Construction:

UPS
Energy Storage
Generators
Transfer Switches and Switchgear
Others

Mechanical Construction:

Cooling Solution
Rack
Others

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General Construction:

Design and Architecture
Site Preparation
Frame
Walls and Doors
Raised Flooring
Ceiling
Security Systems
Others