|By Business Wire||
|February 19, 2014 10:59 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/7h52g5/global_data) has announced the addition of the "Global Data Center Construction Market 2014-2018" report to their offering.
The analysts forecast the Global Data Center Construction market to grow at a CAGR of 21.99 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing demand for data center colocation services. The Global Data Center Construction market has also been witnessing the adoption of green data center facilities. However, the introduction of containerized data centers could pose a challenge to the growth of this market.
Key vendors dominating this space are DPR Construction Inc., Holder Construction Group LLC, Jacobs Engineering Group Inc., Skanska Inc., Structure Tone Inc., and The Whiting-Turner Contracting Company.
Other vendors mentioned in the report are Balfour Beatty US, Gilbane Building, J.E. Dunn Construction Co. Inc., Mortenson Construction, and Turner Construction Company.
Commenting on the report, an analyst from the team said: Data centers across the globe are experiencing a number of regulatory restrictions being imposed by the regulatory authorities, which is driving higher adoption of green data center computing facilities being incorporated into the data centers. The data center service providers are adopting alternative sources of power such as solar energy to power the data centers. Further, technological developments in powering and cooling systems for data centers are leading to the evolution of solutions that consume lower power and delivery of high-performance computing services. The adoption of economizer technology in regions where the temperatures outside the data center facilities is lower than the temperature inside is leading to a considerable reduction in the power consumption.
According to the report, one of the major drivers is the growing demand for data center colocation services. With the increasing complexity of the network infrastructure, the enterprises are finding it difficult to manage data centers and computing infrastructure internally. There are a number of colocation data center facilities being established across the globe that cater to the computing requirements of multiple enterprises.
For more information visit http://www.researchandmarkets.com/research/7h52g5/global_data
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