Report: Datacenter Market Continues to Grow in United States
Enterprises’ increasing demand for cloud-based services is driving datacenter construction.
A new market forecast released by TechNavio projects datacenter construction in the United States will increase at a compound annual growth rate (CAGR) of 4.18% over the period 2015-2019.
RELATED: BICSI Releases New Datacenter Design Curriculum
Datacenters are used to house an enterprise’s IT infrastructure. They oftentimes constitute the backbone of essential business operations.
Among market drivers, several industry verticals in the U.S. are making use of advanced technologies in the management of their IT infrastructure to gain a competitive advantage, according to the report.
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 datacenters in the U.S. A focus on the construction of green datacenters to reduce power consumption and environmental impact is also fueling market growth.
Datacenter construction includes the design and installation of electrical and mechanical systems, as well as incorporating security mechanisms.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
