North America Data Center Construction Market is forecasted to grow with significant CAGR owing to factor such as rising construction of hyperscale data center facilities.
Growing demand for data center colocation is acting as major driver for growth of data center construction market. High initial investment costs for data center construction are acting as major restraint for the market.
Data center construction market has shown an exceptional penetration in countries such as U.S., Canada and Mexico. Introduction of interconnected devices in public and private spaces is increasing the penetration in developed countries. In developing countries, increasing generation of unstructured data is creating huge opportunity for the North America data center construction market.
According to Data Bridge Market Research, the market for data center construction in the U.S. has the highest market share. Market leader is Turner Construction Company which accounts an estimated market share of approximately 17-18% in the North America region.
The company has gained outstanding sales through their projects on data center. The market is witnessing strong investment for the IOT development and supporting data center construction in the market. For instance, in February 2020, Turner Construction Company the company (A Subsidiary of HOCHTIEF Aktiengesellschaft) has been awarded with the Istanbul International Finance Center in Turkey. The company has received the award for establishing Istanbul as a North America center for finance. The award recognition is going to enhance the brand image of the company establishing a strong relationship in the market.
Now the question is which other countries Turner Construction Company, AECOM and Schneider Electric are targeting? Data Bridge Market Research has estimated a large growth in the U.S. data center construction market and the market leaders are targeting Canada and Mexico to be their next revenue pockets for 2020.
The data center construction market is becoming more competitive every year with companies such as Turner Construction Company, AECOM and Schneider Electric as they are the market leaders for data center construction. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the data center construction market.
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North America data center construction market is segmented on the basis of countries into the U.S., Canada and Mexico.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of data center construction companies’, contact us https://www.databridgemarketresearch.com/reports/North America-data-center-construction-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Europe Data Center Construction Market – Industry Trends and Forecast to 2027
Asia-Pacific Data Center Construction Market – Industry Trends and Forecast to 2027
Middle East and Africa Data Center Construction Market - Industry Trends and Forecast to 2027
North America Data Center Construction Market – Industry Trends and Forecast to 2027
Global Data Center Construction Market – Industry Trends and Forecast to 2028
Global Data Center Construction Market is Expected to Grow with the CAGR of 9.1% in the Forecast Period of 2020 to 2027
Asia-Pacific Data Center Construction Market has been Driven by Rising Construction of Hyperscale Data Center Facilities, Increasing Demand for Data Center Colocation in the Forecast Period of 2019 to 2026
Global Data Center Construction Market is Expected to Reach USD 77,530.82 Million by 2027