The study reveals that data center colocation is trending in North America region. The big data and its usage are very crucial for the generating revenue for the business. The numbers of cloud providers are investing in data center colocation to provide the services to many organizations. The growing demand of outsource IT services is also boosting the need of this market. The increasing demand of data center colocations market is due to the various upcoming application where cloud infrastructure-as-a-service does not fulfill its requirements of the companies.
The study indicates that the internet of things accompanied with big data provide the opportunities for growth of Data Center Colocation Market. The companies are investing in data center colocation to provide the new and upgraded solutions that support IoT strategy. The growing need of colocation, the companies are into partnerships with major player, owing to increase their geographic reach.
The global data center colocation market is estimated to be 14 % of CAGR and is expected to reach at USD ~63 Billion by the end of forecast period.
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Innovation/ Industry/Related News:
July 11, 2019 — Vantage Data Centers (the US), a leading provider of wholesale data centers in supporting the businesses and mission-critical applications, announced its partnership with a three dimensional (3D) graphics processors and related software development company – NVIDIA Corporation (the US), to join its data center colocation program called the NVIDIA DGX-Ready Data Center Colocation Program.
NVIDIA’s program enables Vantage, with its portfolio of current and planned facilities across North America, to help organizations deploying NVIDIA artificial intelligence (AI) systems scale their infrastructure to support machine learning and AI initiatives.
- By type, the global data center colocation market has been segmented into retail colocation, wholesale colocation, and others.
- By deployment type, the data center colocation market has been segmented into cloud, on premises, and others.
- By end-user, the global data center colocation market has been segmented into BFSI, IT and telecom, government & defense, healthcare, and others.
The prominent players in the global Data Center Colocation Market are – Equinix, Inc. (US), Fibernet Inc. (US), Keppel Data Center Pte Ltd. (Singapore), NTT Communications Corporation (Japan), AT&T Inc. (US), Cogent Communications (US), CoreSite Realty Corporation (US), Cyxtera Technologies, Inc. (US), Digital Realty Trust, Inc. (US), DuPont Fabros Technology, Inc. (US), Rahi Systems Inc (US), and Verizon Communications, Inc. (US) among others.
The global data center colocation market, by region, has been segmented into North America, Europe, Asia, and the Rest of the World (ROW). North America is at the leading position and is poised to retain its dominance across the review period. The exceptional technical knowhow observed in the region has led to the creation of a growth-inducing ecosystem for the adoption of digital technology. This, in turn, has been forecasted to drive the proliferation of the data center colocation market over the next couple of years. In addition, the expansion of the key players incorporated in the region is likely to reflect on the growth curve of the regional market positively. Meanwhile, Asia Pacific is presumed to emerge as the fastest growing regional market in the foreseeable future. The rising application of data center colocation services across small & medium enterprises is poised to favor the proliferation of the market.
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- IT companies
- Data center colocation service vendors
- Training and education service providers
- Cloud providers
- Solution providers
- Intellectual property core and licensing providers
- Technology standards organizations
- Technology investors
- Research institutes,
- System Integrators
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