Albany, NY -- (SBWIRE) -- 07/18/2017 -- The demand for cloud-based services and the growth of the Internet of Things (IoT) are prompting enterprises in the Nordic region to construct data centers to gain a competitive edge. Complexities associated with business applications have increased due to an exponential growth in data volumes, triggering an increased need for construction and renovation of data centers. In addition, enterprises are focusing on the construction of green data center facilities to reduce power consumption and carbon dioxide emissions.
The data center construction market in the Nordic region to grow at a CAGR of 22.36% during the period 2016-2020. The report covers the present scenario and the growth prospects of the data center construction market in the Nordic region for 2015-2020. To calculate the market size, the report considers the revenue generated from new data center construction (including modular data centers) and renovation of data centers.
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The market is divided into the following segments based on electrical construction:
- UPS systems
- Energy storage equipment
- Generators
- Transfer switches and switchgear
- Others
Technavio's report, Data Center Construction Market in Nordic Region 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- AECOM
- Arup Associates
- DPR Construction
- Modular Data Centers Stockholm
- Mercury Engineering
Other prominent vendors
- Coromatic
- Nordisk Kombination Arkitekter
- Rittal
- Schneider Electric
- (AST Modular)
Market driver
- Sustainable operational environment
- For a full, detailed list, view our report
Market challenge
- Lack of construction expertise
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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