Global Data Center Construction Market | Outlook and forecast 2025 | Aarkstore
The global data center construction market accounted for US$ 43.7 Bn in 2017 and is expected to grow at a CAGR of 10.2% during the forecast period 2018 2025, to account for US$ 92.9 Bn in 2025. Data centers these days have become more of the strategic asset than a mere office back support. The historic bubble burst of big data and artificial intelligence led to massive shift from on premises data centers to cloud based database management systems. Presently there are millions of data centers across the globe and the number is anticipated go beyond the count of 8 million in the year 2017. Furthermore, strategic events such as, mergers and acquisitions in the field of data centers is a trend thats on pace to continue. With the burgeoning demand for robust and resilient data centers the end users are focusing more upon the data center infrastructure, and therefore the data center construction market is expanding vigorously across the globe. Additionally, the data center RIETs are possessed to have impressive return on investment as compared to other Global Data Center Construction Market | Outlook and forecast 2025 | Aarkstore