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Technavio Estimates Data Center General Construction Market to Grow Over $750 Million at 9% CAGR Globally During 2020-2024 - Business Wire

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LONDON--()--The data center general construction market is expected to grow by USD 753.05 million, progressing at a CAGR of over 9% during the forecast period.

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The growth in the adoption of colocation services is one of the major factors propelling the market growth. However, the containerized and micro mobile data center will hamper growth.

More details: https://www.technavio.com/report/data-center-general-construction-market-size-industry-analysis

Data Center General Construction Market: Type Landscape

Based on the type, the market saw maximum growth in the base building shell construction segment in 2019. Base building shell construction reduces control costs, mitigates risk, and reduces errors, and delivers seamless execution of operations. These benefits are crucial in driving the growth of the segment. The market growth in the segment will be significant over the forecast period.

Data Center General Construction Market: Geographic Landscape

By geography, North America is going to have a lucrative growth during the forecast period. About 36% of the market’s overall growth is expected to originate from North America. Factors such as the increase in consumer and enterprise data traffic, rising demand for IoT devices, and increasing adoption of autonomous technologies are fostering the growth of the market in APAC.

The US and Canada are the key markets for data center general construction in North America. Market growth in this region will be faster than the growth of the market in Europe and MEA.

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Related Reports on Information Technology Include:

Global Mini Data Center Market - Global mini data center market is segmented by type (micro data centers and containerized data centers) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Edge Data Center Market - Global edge data center market is segmented by component (IT infrastructure, general construction, power management systems, cooling systems, security solutions, racks, and DCIM) and geography (North America, APAC, Europe, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • ABB Ltd.
  • AECOM
  • DPR Construction
  • Gensler. M. Arthur Gensler Jr. & Associates Inc.
  • Holder Construction Group LLC
  • Legrand SA
  • Ove Arup & Partners International Ltd.
  • Schneider Electric SE
  • Turner Construction Co.
  • Vertiv Group Crop

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Base building shell construction - Market size and forecast 2019-2024
  • Architecture planning and designing - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • AECOM
  • DPR Construction
  • Gensler. M. Arthur Gensler Jr. & Associates Inc.
  • Holder Construction Group LLC
  • Legrand SA
  • Ove Arup & Partners International Ltd.
  • Schneider Electric SE
  • Turner Construction Co.
  • Vertiv Group Crop

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Estimates Data Center General Construction Market to Grow Over $750 Million at 9% CAGR Globally During 2020-2024 - Business Wire
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