Data Center Construction Market in America is Expected to Worth $3 Billion by 2023
Arizton’s recent market research report on the data center market in America identifies ABB, Eaton, General Electric, Schneider Electric, Vertiv, Turner Construction, Holder Construction, DPR Construction, Jacobs Engineering Group, Corgan, AECOM, Syska Hennessy Group, Aceco TI S.A, Equinix, Digital Realty and DuPont Fabros Technology, CyrusOne, Facebook, Switch, and Ascenty as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market segmentation by infrastructure (electrical, mechanical, and general construction), electrical infrastructure (UPS, rack PDU, generators, and others), mechanical infrastructure (cooling, rack, and others), general construction (building design, installation services, building development, security, and DCIM), tier standards (tier I and tier II, tier III, and tier IV), and geography (North America and Latin America).
The data center market in America is projected to grow from $8.49 billion in 2017 to $11.71 billion by 2023, growing at a CAGR of 28.17% during the forecast period. The construction of new facilities with the use of modular infrastructure, standard procedures for deployment, and disciplined project management is driving the growth of the data center construction market in America. The leading vendors in the data center construction market are focusing on building a modular facility with integrated power and cooling components into containment solutions or rack-level modular solutions.
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The data center construction market in America is further categorized into building design, installation services, building development, security, and DCIM. The top three categories are discussed in detail below:
DCIM segment in the data center construction market in America to grow at the fastest CAGR during the forecast period
The rapid adoption of artificial intelligence and robot monitoring systems is driving the growth of data center infrastructure management (DCIM) segment in the American data center construction market.The DCIM segment in the data center construction market in America is growing at an impressive CAGR of 15.30% and is expected to generate revenue of $249 million during the forecast period. The leading vendors in the market are introducing DCIM solutions for the modern infrastructure that integrates with control panels and allowing networking through Ethernet cables. DCIM solutions in data center construction market also include features to control power consumption, improve efficiency, and aids in operating green data center environments. The introduction of integrated DCIM solutions that monitor data center infrastructure through predictive and perspective analysis will propel the growth of the DCIM segment in the data center construction market in America during the forecast period.
Building design segment in the data center construction market in America to grow at a significant CAGR during forecast period
The growing need for high reliability, scalability, and flexibility in operations along with efficiency and resilience is driving the building design segment in the data center construction market in America. Building design in the data center construction market in America includes designing a facility through design specialists, contractors, and data center operators to follow both national and regional standards.
The building design segment in the data center construction market in America is growing at a CAGR of 7.73% and will reach revenue of $297 million during the forecast period.
The growing need for designing a sustainable operational environment that helps data center operators in achieving tax breaks from the local government is boosting the demand for building design services in the data center construction market over the next few years.
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Physical security segment in the data center construction market in America to grow at a considerable CAGR during forecast period
The growing requirement for physical security along with logical security is propelling the demand in this segment in the data center construction market in America. Physical security in data centers includes four layers: perimeter security, building security, data hall security, and rack-level security. The adoption of security systems that comprises sensors that are integrated with the existing DCIM solutions for real-time remote monitoring benefits that will help leading vendors gain a major market share in the physical security segment in the data center construction market in America. Further, innovations toward developing connected security products will boost the demand for physical security in the data center construction market during the forecast period.
The physical security segment in the data center construction market in America is growing at a CAGR of 5.83% and is expected to generate revenue of about $371 million by 2023.
Rittal, Caterpillar, Cummins, Cyber Power Systems, Delta Group, Geist Global, Generac Power Systems, Hewlett Packard Enterprise (HPE), Legrand, Nlyte Software, Tripp Lite, Clune Construction, Fluor Corp., FM Engineering, Fortis Construction, Gensler, Gilbane Building Co., HDR, Hensel Phelps, HITT Contracting, Hoffman Construction, JE Dunn Construction, Morrison Hershfield, Mortenson Construction, Structure Tone, Whiting-Turner Contracting Co., CoreSite Reality Corp., DataBank, EdgeConnex, Google, Microsoft, OVH, RagingWire Data Centers (NTT), T5 Data Centers, TierPoint, Colo-D, and Urbacon Data Center Solutions are the other prominent players in the data center market in Americas.
The complete overview of the latest market research report on the data center market in Americas by Arizton is now available.
The report offers a detailed study of major trends, drivers, challenges, and provides the market size and forecast for major geographical regions and key countries.
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