Exponential growth in the data as a result of digital transformation has led to increased demand for edge computing. This rise in edge computing has further resulted in rapid growth in the array of smaller data centers that are built closer to the population centers as the edge computing processes, data, and services in closer proximity of the end-user, its demand in a smaller emerging market are projected to grow significantly.
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The Tier-II and Tier-III markets have given rise to the entirely novel category of data centers (edge-data centers). The smaller data centers are characterized to have relatively low well-funded competitors than Tier I markets and have a low barrier to entry, particularly to those high-quality data centers offering colocation. This enables them to gain the stand in the market quickly. Although the demand in retail & wholesale colocation market had outpaced the supply for several years, the supply of data center space at the edge is projected to get soon even more stringent, which in response is expected to lead to above average pricing hike in some of the underserved markets. It is also likely that some of Tier II and Tier III markets would majorly remain secured from prominent retail & wholesale colocation service providers, facilitating the investment opportunity to the underserved market. These market dynamics are expected to substantially contribute to the North America during the forecast period.
Currently, the US is dominating the global data center construction market in terms of installation, which in turn boost the demand for data center construction. The data center environment in U.S is expected to evolve over the coming two years owing to the new federal mandates and presidential administration for optimization. The market for data center construction in U.S is also anticipated to grow due to the introduction of tax incentives and reduced cost of electricity. However, the country would face certain barriers to the development of data centers, which includes the rising cost of construction & installation. The growth, companies such as Google, Facebook, and Amazon are building their own exclusive data centers across the country. The figure given below highlights the revenue share of Mexico in the North American data center construction market in the forecast period:
Maxico in North America Data Center Construction Market Revenue and Forecasts to 2027 ( US$ Mn)
Maxico in North America Data Center Construction Market
NORTH AMERICA DATA CENTER CONSTRUCTION MARKET – SEGMENTATION
North America Data Center Construction Market By Type of Construction
General Construction
Electrical Design
Mechanical Design
North America Data Center Construction Market By Tier Standards
Tier 1 & Tier 2
Tier 3
Tier 4
North America Data Center Construction Market By Industry Verticals
BFSI
Telecom Media & Entertainment
Technology
Healthcare
Government
Retail
Others
North America Data Center Construction Market By Country
U.S.
Canada
Mexico
Companies Mentioned
DPR Construction, Inc
Fujitsu Limited
AECOM
Holder Construction Company
Rittal GmBH & CO. KG
Tripp Lite
Turner Construction
The Whiting-Turner Contracting Company
Schneider Electric SE
Hitachi Vantara Corporation
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PART 1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
PART 2. KEY TAKEAWAYS
PART 3. NORTH AMERICA DATA CENTER CONSTRUCTION MARKET LANDSCAPE
3.1 MARKET OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 North America Data Center Construction Market – Types of Construction
3.2.2 North America Data Center Construction Market – Tier Standards
3.2.3 North America Data Center Construction Market – By Industry Verticals
3.2.4 North America Data Center Construction Market – By Countries
3.3 PEST ANALYSIS
3.3.1 North America PEST Analysis
PART 4. NORTH AMERICA DATA CENTER CONSTRUCTION MARKET– KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.1.1 Growing Popularity of Distributed IT and Edge Computing Supporting the Increasing Data Center Construction
4.1.2 Growing Volume of Data Traffic
4.1.3 Growing Adoption of Analytical Solutions for Effective Decision Making
4.2 KEY MARKET RESTRAINTS
4.2.1 High CaPex, OpEx & TCO for building Data Center
4.2.2 High Complexity of Data Center Infrastructure
4.3 KEY MARKET OPPORUNITIES
4.3.1 Increasing Adoption of Hyper Scale Data Center to Create Lucrative Business Opportunities
4.3.2 Advent Green Data Center
4.4 FUTURE TRENDS
4.4.1 Colocation and Cloud Services are Expected to Gain a Significant Market Share
4.4.2 Technological Complexity and growing Concerns for Security will Drive the Growth in Near Future
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
PART 5. NORTH AMERICA DATA CENTER CONSTRUCTION MARKET – MARKET ANALYSIS
5.1 NORTH AMERICA DATA CENTER CONSTRUCTION MARKET OVERVIEW
5.2 NORTH AMERICA DATA CENTER CONSTRUCTION MARKET FORECAST AND ANALYSIS
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