Equipment-based Innovations Encouraging Growth Opportunities in the Data Center Construction Market in the US: TechNavio Report

Renewable energy

 

  • The key vendors in the Data Center Construction Market in the US 2015-2019 are Corgan Associates Inc., DPR Construction Inc., Fluor Corp., Gensler Inc., HDR Architecture Inc., Holder Construction Group LLC, Jacobs Engineering Group Inc., Syska Hennessy Group Inc., The Whiting-Turner Contracting Co. and Turner Construction Co.

London, 11 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Data Center Construction Market in the US 2015-2019.   Increased traction of colocation and managed hosting services is one of the major trends upcoming in the market. Enterprises are increasingly focused on incorporating green data centers into their IT infrastructure paradigm. Green data center facilities comprise a better power usage effectiveness and reduce impact on the environment. Leadership in Energy and Environmental Design certification is used to determine whether a constructed facility satisfies the needs of a business. In terms of revenue, the overall market is expected to grow at a CAGR of 4.18 percent during the forecast period of 2014-2019.

Growth in the Data Center Construction market in the US is underpinned by advances in technology. Growing use of connected devices such as smartphones, tablets, and smart wearable devices is also contributing to demand for data centers in the US.

Data centers in the US are a primary location for cloud-based services and the computing and storage needs of many enterprises, many of which are in the process of renovating their data centers with the latest equipment.

“Several innovations around the data center space are triggering an increase in the construction of data centers in the US,” says Faisal Ghaus, Vice President of TechNavio Research.

“These innovations have brought a lot of value for enterprises by simplifying infrastructure design along with the operation and management of data centers. They include the use of micro servers in racks to replace traditional servers that use more power and take up more space.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…