LONDON--(BUSINESS WIRE)--Jul 9, 2020--
Technavio has been monitoring the data center construction market and it is poised to grow by USD 31.70 billion during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Data Center Construction Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., AECOM, Ove Arup & Partners International Ltd., DPR Construction, Eaton Corporation Plc, Legrand SA, Rittal GmbH & Co. KG, Schneider Electric SE, Turner Construction Co., and Vertiv Group Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Demand for cloud-based applications has been instrumental in driving the growth of the market. However, legal and regulatory concerns might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/data-center-construction-market-size-industry-analysis
Data Center Construction Market 2020-2024: Segmentation
Data Center Construction Market is segmented as below:
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Data Center Construction Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The data center construction market report covers the following areas:
This study identifies technological advances and M&A activities in data centers as one of the prime reasons driving the data center construction market growth during the next few years.
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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Data Center Construction Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Tier Level
Market Segmentation by Construction Type
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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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SOURCE: Technavio Research
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PUB: 07/09/2020 08:15 PM/DISC: 07/09/2020 08:15 PM