Albany, NY -- (SBWIRE) -- 12/29/2016 -- A data center is a centralized storehouse, physical or virtual, for remote storage, management, and processing of data and information. Data centers are required to house enterprise IT infrastructures. They constitute the backbone of essential business operations. The demand for cloud-based services is increasing among enterprises worldwide, including Fortune 500 companies. Several industry verticals worldwide are using 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 an increase in the need for construction and renovation of data centers worldwide.

The global data center construction market to grow at a CAGR of 12.51% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global data center construction market for 2016-2020. To calculate the market size, the report considers the revenue generated from new data center construction including the CAPEX used for the floor space of data centers commissioned during the forecast period.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Data Center Construction Market 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.

Key vendors
- AECOM
- Arup
- Corgan Associates
- DPR Construction
- Gensler
- HDR Architecture
- Holder Construction
- ISG
- Jones Engineering
- Nakano
- John Sisk & Son
- Sweett
- Structure Tone
- Syska Hennessy
- Turner Construction

Other prominent vendors
- AKF
- Alphamatic Systems
- AWP Architects
- Balfour Beatty
- Carlson Design Construct
- Clune Construction
- Commodore Contracting

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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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