Data Center Colocation Market Comprehensive Analysis, Growth Forecast from 2018 to 2024
Category: #reports  By Ashwin Naphade  Date: 2019-01-16
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Data Center Colocation Market Comprehensive Analysis, Growth Forecast from 2018 to 2024

MarketStudyReport.com Adds New Data Center Colocation Market 2018- 2024 research report providing information and By Type, By End-Use, By Application, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 200 Pages with table and figures in it.

Major players participating in the data center colocation market are Digital Realty Trust, Inc., Internap Corporation, Interxion Holding NV, NTT Data Corporation, Equinix, Inc., AT&T, Inc, Centurylink Technology Solutions, Global Switch Corporation, China Telecom Corporation Limited, Rackspace, Inc.Verizon Communication Ltd., China Unicom, CyrusOne, Inc., Cyxtera Technologies, Inc., and KDDI Corporation among others. Players in the data center colocation market are expanding their business activities internationally to cater to the widespread demand for such services.

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North America data center colocation market is growing at a rapid pace with the rising urbanization and industrialization in several economies of the region. Countries such as the U.S. and Canada are the fastest growing economies, where the global companies have established their business base. Several global companies that are generating massive volumes of business data due to their rapidly expanding operations are Facebook, Google, and Amazon. These companies are engaged in partnerships with the players in data center colocation market for the effective management of their IT facilities. For instance, Google partnered with Equinix, Inc. for the supply of colocation services.

The data center colocation market will witness a high growth due to the rising demand for the hosting services from large enterprises. The companies are engaged in expanding their business operations to provide their innovative offerings to the customers present in global regions. The growing need for data storage facilities for setting up their business operations in these regions is expected to drive the data center colocation market. These companies find cost-effective techniques to manage their IT facilities. Colocation offers suitable options to these companies to reduce their business expenses and manage their IT systems effectively.

Increasing air transport of freight and passengers owing to purchasing power parity and rise of global tourism has led to escalated airports demand since the last few decades. According to International Civil Aviation Organization (ICAO), Asia Pacific region, accounted for close to 33% of the world?s ASKs (Available Seat Kilometers) in 2016 and is said to enjoy the largest market share. This is due to developing economies in this region, huge population, and increasing consumer income levels. These factors generate demand for new routes to various international cities, which in turn is said to fuel the airports demand in the coming years. These factors will foster the escalators and moving walkways market in this region.

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Data Center Colocation Market is will surpass USD 90 billion by 2024. The adoption of cloud technologies for storing and processing a massive volume of data is growing at a rapid pace. This has resulted in an increased data load & congestion on the cloud infrastructure that needs to be managed and handled by the expansion of IT facilities. This expansion results in increased business expenses and the time spent on the maintenance of the devices. Such factors are encouraging the enterprises to shift their focus toward colocation services to reduce these additional expenses, thereby accelerating the data center colocation market. Moreover, the cloud providers are experiencing a high demand for these services to manage & store their cloud-based data in the IT infrastructure facilities.

The wholesale services are expected to witness a high adoption in the data center colocation market with the increasing flexibility in accessing and managing the internal resources in the dedicated space offered by service providers. These services allow enterprises to lease a data center space for designing and building their IT infrastructure facilities. They also allow businesses to take full responsibility of their data center devices. These businesses manage and maintain their equipment by setting up a separate expert team, which will allow them to modify their systems as per the business requirements. Such factors are predicted to drive the data center colocation market growth.

Table of Content:

Chapter 1.   Methodology and Scope

 

Chapter 2.   Executive Summary

 

Chapter 3.   Data Center Colocation Industry Insights

 

Chapter 4.   Data Center Colocation Market, By Type

 

Chapter 5.   Data Center Colocation Market, By End-Use

 

Chapter 6.   Data Center Colocation Market, By Application

 

Chapter 7.   Data Center Colocation Market, By Region

 

Chapter 8.   Company Profiles

 

More Details on this Report at: https://www.marketstudyreport.com/reports/data-center-colocation-market

 

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Global Data Center Colocation Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023

Data center operators face an increasing need for scalable data center infrastructure, which enables the scaling of critical data center components as and when the demand increases. The data center colocation provides data center space, along with the power and cooling infrastructure, which address the customer?s capacity needs with a quick deployment time. It also helps in cutting down the cost of IT infrastructure. Data center colocation services, including retail colocation as well as wholesale colocation, enables a massively scalable and secure data center architecture. These services are expected to fuel the growth of the data center colocation market, as organizations are increasingly adopting them to cater to the increasing data center traffic. The global Data Center Colocation market is valued at xx million  in 2017 and is expected to reach xx million  by the end of 2023, growing at a CAGR of 14.8% between 2017 and 2023.

 https://www.marketstudyreport.com/reports/global-data-center-colocation-market-2018-by-manufacturers-countries-type-and-application-forecast-to-2023?utm_source=RR-AN

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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