Data Center Construction Market in South Western US to Worth $878 Million by 2023
Arizton’s recent market research report on the data center construction market in US identifies Turner Construction, Holder Construction, DPR Construction, Jacobs Engineering Group, Corgan, AECOM, Syska Hennessy Group, ABB, Assa Abloy, Bosch Security Systems (Robert Bosch), Honeywell International, Nlyte Software, Schneider Electric, Siemens, SimplexGrinnell (Tyco International), Sunbird Software, and Vertiv 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 type (building development, installation and commissioning services, building design, physical security, and DCIM), by tier standards (Tier I and Tier II, Tier III, and Tier IV), by regions (South Eastern US, South Western US, Mid-Western US, Western US, and North Eastern US).
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The data center construction market in US is divided into three major segments that consist of type, tier standards, and regions.
South Western region to grow at a steady CAGR in the data center construction market in US during forecast period
The data center construction market in US by region is segmented into South Eastern US, South Western US, Mid-Western US, Western US, and North Eastern US.
South Western region occupied a significant market share in 2017 and is anticipated to grow at a CAGR of approximately 4% during the forecast period.
The increasing number of high investment expansion projects in Texas and Arizona is driving the growth of the construction market in this region. The abundant availability of power, low cost of power, and tax incentives in Texas makes it an optimum region of data center facilities in the US market. The rapid deployment of hyperscale projects by Facebook, Apple, and Google is expected to revolutionize the market in the US during the forecast period. The increasing number of greenfield data center projects in South Western US will help generate revenues for local and global colocation and enterprise service providers in the market.
DCIM segment to grow at the fastest CAGR in the data center construction market in US during forecast period
The type segment in the data center construction market in US is classified into building development, installation and commissioning services, building design, physical security, and DCIM.
DCIM is the fastest growing segment at a CAGR of around 16% during the forecast period.
The implementation of DCIM solutions will help in asset management, identify power and cooling requirement, and reduce OPEX in facilities operating in the US market. The development of modern infrastructures with integrated control panels networking through Ethernet cables is driving the growth of this market segment in the US. The leading players are offering solutions with features to control power consumption, improve efficiency, and aid in operating the green data center environment to attract new consumers. The development of integrated packaged solutions focusing on monitoring and managing specific infrastructures such as power and cooling will revolutionize the data center market in the US.
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Tier IV segment to grow at a significant CAGR in the data center construction market in US during forecast period
The data center construction market in US by tier standard is divided into Tier I and Tier II, Tier III, and Tier IV. Tier IV is the fastest growing segment of the market at a CAGR of approximately 6% during the forecast period. The deployment fault-tolerant facilities that offer 2N+1 redundancy in few critical infrastructures such as UPS and PDUs are propelling the growth of this market segment in US. The companies such as Facebook, Apple, Microsoft, and Google are the largest hyperscale developers contributing to the revenues in the US market. The increasing focus on building eco-friendly zone with innovative design structure will transform the market in the US during the forecast period.
The other prominent players in the data center construction market are Clune Construction, Fluor Corp., FM Engineering, Fortis Construction, Gensler, Gilbne Building Co., HDR, Hensel Phelps, HITT Contracting, Hoffman Construction, JE Dunn Construction, Morrison Hershfield, Mortenson Construction, Structure Tone, Whiting-Turner Contracting Co., Allegion, Axis Communication, Cisco, Cormant, Digitus-Biometrics, Eaton, EMKA Group, FNT, Geist: Environet, Hangzhou Hikvision Digital Technology, Intel DCM, Modius, Optimum Path: Visual Data Center, Panduit, Rackwise, and Vigilent.
The complete overview of the latest market research report on data center construction market in US by Arizton is now available.
The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.
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