Lewes, DE -- (SBWire) -- 02/17/2016 --Report forecast the data center construction market in Latin America to grow at a CAGR of 14.77% during the period 2016-2020.
Data centers are used to house enterprise IT infrastructure. They are the backbone of essential business operations. The demand for cloud-based services and the growth of the Internet of Things (IoT) are prompting enterprises in Latin America to construct data centers to gain a competitive edge. Complexities associated with business applications have increased because of enormous growth in data volumes, triggering an increased need for the construction and renovation of data centers. In addition, enterprises in Latin America are focusing on the construction of green data center facilities to reduce power consumption and carbon dioxide emissions.
The construction of a data center encompasses design, architecture, installation of electrical and mechanical systems, and incorporation of security mechanisms. Infrastructure certifications play a vital role in the building of data center facilities.
The report covers the present scenario and the growth prospects of the data center construction market in Latin America for 2015-2020. To calculate the market size, the report considers the revenue generated from new data center construction and renovation of data centers.
The market is divided into the following segments based on construction type:
- Electrical construction
- Mechanical construction
- General construction
According to the report, the countries in Latin America are adopting modern technologies, which would boost their economies and create job opportunities. Cloud computing is considered as an efficient and economical technology by enterprises in Latin America.
Further, the report states that the lack of engineering expertise in the region, especially among countries that lack knowledge in IT infrastructure management, is affecting overall market growth.
Data Center Construction Market in Latin America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Data Center Construction Market in Latin America: Aceco TI, AECOM, Analógica, Constructora Sudamericana and Turner Construction.
Other Prominent Vendors in the market are: Fluor, Jacobs Engineering, Holder Construction and Mortenson Construction.
Market driver
- Growing adoption of cloud-based services
- For a full, detailed list, view our report
Market challenge
- Lack of infrastructure expertise
- For a full, detailed list, view our report
Market trend
- Green data center
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 73 pages and 37 Exhibit "Data Center Construction Market in Latin America 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by electrical construction, Market segmentation by mechanical construction, Market segmentation by general construction, Market segmentation by tier standards, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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