Data Center Construction Market Worth $22.73 Billion by 2019
DALLAS, October 7, 2014 /PRNewswire/ --
According to new market research report "Data Center Construction Market by Data Center Types (Colocation, Enterprise, Telecom), by Design Types (Electrical, Mechanical), and by Tier Types (Tier 1, Tier 2, Tier 3, Tier 4) - Global Forecast to 2019", published by MarketsandMarkets, defines and segments the Data Center Construction Market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.
Browse 150 market tables and 63 figures spread through 220 pages on "DataCenter Construction Market - Global Forecast to 2019"
http://www.marketsandmarkets.com/Market-Reports/data-center-construction-market-232213604.html
Early buyers will receive 10% customization on this report.
MarketsandMarkets broadly segments the Data Center Construction Market by datacenter type: colocation, enterprise and telecom; by design type: electrical (UPS, batteries, generators, transfer switches, and others such as PDU, general construction), and mechanical (CRAC, CRAH, In-row unites, cooling equipment, and others such as pumps, filters, belts); by tier type: tier 1, tier 2, tier 3, and tier 4; by vertical: Banking, Financial Services, and Insurance (BFSI),public sector, media and entertainment, Information Technology (IT), healthcare, oil and energy, manufacturing and others; by region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA). Browse 120+ market data tables and in-depth TOC on Datacenter Construction Market: Global Advancements, Worldwide Forecasts & Analysis (2014 - 2019). Early buyers will receive 10% customization on reports.
The demand for data storage is continuously growing, resulting in increasing number of datacenters. To manage this highly growing data storage demand, business organizations are forced to either build new datacenters or expand the capacity of their existing datacenters. This is impacting the demand of efficient and cost effective datacenter construction, which presents significant opportunity to vendors in this market.
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MarketsandMarkets forecasts the Data Center Construction Market to grow from $14.59 billion in 2014 to $22.73 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 9.3%. Asia-Pacific (APAC) is expected to be the largest Data Center Construction Market in terms of revenues generated, followed by North America (NA) but Middle East and Africa (MEA) is expected to emerge as a high growth market.
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