Insights

PRS Data Centers - The US data center construction market is expected to grow at a CAGR of 5.93% from 2022 to 2028

US Data Center Industry in Growth mode for years to come…

As of March 2023, the data center market in the US continues to experience significant growth due to the increasing demand for cloud computing, big data analytics, and the Internet of Things (IoT). The market is driven by a diverse range of industries, including healthcare, financial services, and IT among others. The US data center…

PRS - Why sales roles are prevalent in facilities management

Is AI Powered Maintenance the future? #facilities services

As of April 2023, the Facilities Management industry has been experiencing significant growth as businesses and organizations continue to invest in effective space management and operations. The global Facilities Management market size is estimated to reach USD 1.6 trillion by 2025, growing at a CAGR of 8.6% from 2020 to 2025. The COVID-19 pandemic has…

PRS US - How renewable energy is taking The United States by storm

Wind Energy dominates new energy production in the U.S.

As the world continues to shift toward more sustainable energy sources, the United States is taking the lead with the latest developments in the renewable energy industry. Here are some of the latest updates in the sector. Wind Energy Dominates New Power Capacity Additions According to a recent report from the Energy Information Administration (EIA),…

PRS US Construction - Joe Biden’s planned US building boom imperilled by labour shortage

Texas Commercial Construction demand continues to grow!

The commercial construction industry in Texas is booming. With a population of over 28 million people and a strong economy, the state has become a hub for commercial construction projects. From office buildings to shopping centers, there is no shortage of demand for new commercial buildings in Texas. The construction industry in Texas has been…

PRS US Construction - Joe Biden’s planned US building boom imperilled by labour shortage

Joe Biden’s planned US building boom imperilled by labour shortage

Last November Congress passed the Bipartisan Infrastructure Deal (Infrastructure Investment and Jobs Act) which promised $1.2 trillion worth of investment into America’s roads and bridges, public transit, broadband internet, electric grid and energy, airports, and road safety. Designed to rebuild America’s ‘crumbling infrastructure’ the legislation is intended to ease inflationary pressures, grow the economy and…

PRS Data Centers - The US data center construction market is expected to grow at a CAGR of 5.93% from 2022 to 2028

The US data center construction market is expected to grow at a CAGR of 5.93% from 2022 to 2028

With the recent news that the US data center construction market is expected to grow at a rate of almost 6% over the next five years, we look at how the Government is promoting this development, and what it means for the industry across the country. What are data centers? Data centres are large, warehouse-type…