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US Data Center Construction Market Projected to Grow at 4.18% CAGR over 2014-2019

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Apr 13 2015

Research and Markets has announced the addition of the "Data Center Construction Market in the US 2015-2019" report to their offering.

The Data Center Construction market in the US to grow at a CAGR of 4.18% over the period 2014-2019.

Data centers are used to house IT infrastructures of enterprises. They constitute the backbone of essential business operations. The demand for cloud-based services is increasing among enterprises in the US, including Fortune 500 companies. Several industry verticals in the US are making use of advanced technologies in the management of their IT infrastructure to gain a competitive advantage. The complexities associated with business applications have increased because of enormous growth in the volumes of data.

This has triggered an increased need for construction and renovation of data centers in the US. Enterprises in the US are increasingly focusing on construction of green data centers to reduce power consumption and environmental impact. The construction of a data center includes designing, installation of electrical and mechanical systems, and incorporation of security mechanisms. Infrastructure certifications also play a vital role in the building of data center facilities.

Enterprises are increasingly focused on incorporating green data centers into their IT infrastructure paradigm. Green data center facilities comprise a better PUE and reduce impact on the environment. LEED certification is used to determine whether a constructed facility satisfies the needs of a business.

According to the report, demand for data centers among enterprises is one of the major factors propelling market growth. The US hosts many global enterprises across industry verticals, including leading CSPs and manufacturers of data center equipment. Collaborative IT environments have assumed immense significance among enterprises because most of their business applications operate through the cloud.

Further, the report states that while the operational costs associated with data centers have increased considerably, more are being built to meet demand from industry. Power consumption in the country has increased, as has IT equipment spending among enterprises, leading to an increase in CAPEX for enterprises. Vendors have fashioned several innovations that have enabled the development of data center equipment that can operate at low power, leading to considerable reduction in power consumption.

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