Cloud Computing and Big Data Analytics Key Factors Driving Growth in the Data Center Construction Market in Western Europe
Fast Market Research announces the availability of the new TechNavio report, "Data Center Construction Market in Western Europe 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWire) -- 08/18/2015 --A data center is an organized, centralized repository used by enterprises for the storage, management, and dissemination of data. It has become the most demanding business prospects in Western Europe due to its high reliability, scalability, and energy efficiency. The growing use of IoT, cloud, and data analytics has led high demand for data centers. Increased data volumes have created huge IP traffic, resulting in a slowdown of business processes. Traditional data centers consume considerable power and the cooling process is very slow. This has led to the expansion of data centers and prompted enterprises to renovate and construct data centers in Western Europe. The data center construction includes design, infrastructure, electrical, mechanical, and security systems. The uptime institute certification process determines the facilities and functioning of a data center.
Get More Details on this Report and a Full Table of Contents at Data Center Construction Market in Western Europe 2015-2019
Technavio's analysts forecast the data center construction market in Western Europe to grow at a CAGR of 8.47% during 2014-2019.
Commenting on the report, an analyst from Technavio's team said: "One major trend in this market is High investment in data center. The increasing demand for data storage has led to the emergence of new players in the data center construction and designing market. Companies, such as Facebook, Google and Microsoft, have invested in the construction new data centers in Western Europe."
According to the report, one key driver of this market is increased use of cloud computing and big data analytics. Countries in Western Europe have adopted cloud computing and big data analytics to provide better public services. The Western European retailers are now using cloud-based computing, which has decreased the OPEX of up to 25%.
Further, the report states that one of the major challenges is Increase in operational cost of data center. Building an energy-efficient data center helps in saving considerable amount of costs over time. Demands for cooling system have increased substantially in the past 2 years as server densities rose to unprecedented levels.
The key players in the Data Center Construction Market in Western Europe are BHP Design, Bruce Shaw, Jones Engineering Group, Mercury engineering, Bouygues Energies & Services and ACS Group while other prominent vendors include APL Data Center, ECISA, Future-Tech, Hochtief, Jerlaure, M+W Group, PM Group, SISK Group, Sudlows.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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