Data Center Construction Market in the US to Grow at a CAGR of 6.34% with Increase in the Purchase of Renewable Energy Sources

A data center is a centralized storehouse, physical or virtual, for remote storage, and processing of data and information. Data centers constitute the backbone of essential business operations. There is a significant amount of growth in enterprise applications worldwide because of the use of advanced technologies to gain a competitive advantage. Enterprises are focusing on the construction of green data centers to reduce power consumption and their impact on the environment. The construction of a data center includes design, architecture, installation of electrical and mechanical systems, as well as general construction services. Data center certifications have grown in importance, especially for colocation and managed hosting service providers, to attract customers.

Publisher's analysts forecast the data center construction market in the US to grow at a CAGR of 6.34% during the period 2017-2021.

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This market research analysis identifies the tax incentives for data centers and the reduction in electricity costs as one of the primary growth factors for this market. Factors such as tax incentives offered by the government and the availability of power connectivity are additional factors inducing enterprises to set up establishments.

Key vendors
-Corgan Associates
-DPR Construction
-Fluor
-Gensler
-HDR
-Holder Construction Group
-Jacobs Engineering Group
-Syska Hennessy Group
-Turner Construction
-Page Southerland Page
-Vanderweil Engineers

Other prominent vendors
-AECOM
-AKF Group
-Balfour Beatty
-Carlson Design Construct
-Clune Construction Company
-Fortis Construction
-Gilbane
-Hensel Phelps Construction
-HITT Contracting
-Integrated Design Group

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Market driver
-Tax incentives for data centers and reduction in electricity cost.

Market challenge
-Rise in construction and installation costs.

Market trend
-Increase in the purchase of renewable energy sources.

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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