Data Colocation Market Overview:
The escalation in need for saving cost, time, and disturbances of on-premises data centers is working favorably for the data colocation market. Reports that assess the information and communications technology industry have been made available by Market Research Future which produces reports on several industry verticals that examine the market growth and outlooks.
The market is predicted to reach incomes worth USD 51 Billion while developing at an estimated CAGR of 12% in the forecast period.
The need to create a bridge between on-cloud and on-premises data centers is expected to create an impetus for growth in the Data Colocation Market. The rising need to share facilities that can permit businesses to store, power & cool their servers, along with providing networking to other computing devices is increasing the demand for the market for the data colocation market. Moreover, the convenience provided by data colocation facilities in increasing business potential by reducing liabilities is expected to motivate the data colocation market in the upcoming period.
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Major Key Players:
The prominent players in the market of data colocation globally are CoreSite Realty Corporation (U.S.), Equinix, Inc. (U.S.), SunGard availability services (U.S.), CenturyLink, Inc. (U.S.), Global Switch Corporation (UK), Interxion Holding NV (Netherlands), Verizon Communication, Inc. (U.S.), KDDI Telehouse Corporation (Japan), DuPont Fabros Technology, Inc. (U.S.) and American Telephone & Telegraph, Inc. (U.S.) among others.
Segmental Analysis:
The segmentation of the data colocation market has been carried out on the basis of components, service type, and end users. On the basis of service type, the data colocation market is carried out on the basis of large scale and small-scale services.
Based on the components, the data colocation market consists of server & storage, network hardware, cooling units, and others. By end users, the data colocation market comprises of IT & telecom, healthcare, energy, banking & insurance and government among others. By geography, the data colocation market has been segmented into the Asia Pacific, North America, Europe and the rest of the world.
Detailed Regional Analysis:
The regional examination of the data colocation market is being carried out in regions such as Asia Pacific, North America, Europe and the rest of the world. The North American region is expected to govern the data colocation market owing to its growing data center requirements in IT capacity management. The colocation suppliers in the North America region are leveraging their progressive technological architectures which are serving in growing their market stake.
Besides, the Asia Pacific region is forecasted to flourish in the data colocation market in impending years due to the massive rise in data production and thus enabling the migration of organizations towards the cloud. The development of the European region, on the other hand, can be accredited to display high growth prospects in data colocation market owing to the growing investment by the tech frontrunners in the European IT market.
Competitive Analysis:
A reinvigorated progress stride is detected in the market due to the beneficial effect applied both within and outside the market by noteworthy driving factors. The change in the product portfolio encourages the elasticity of demand in the market. The budget factors in the expenditures of the competitors in the market are becoming more varied.
The working environment in the market is guiding towards productive growth in the market. Additionally, the rising business requirements in the market are generating a promising backdrop for change. The factors for transformation are inspiring the advance of the market. Also, the capabilities of the market are bolstered by the reconditioned characteristics of the assets present in the market. The dedication to handling the hindrances in the market by the players has noticeably improved of late. Besides, the step-up in the economic environment is projected to lift progress of the market.
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Industry Updates:
Mar 2019 Bulk Infrastructure has broken ground for its innovative colocation data center in Esbjerg, Denmark. Their existence is enabled in Denmark from subsea fiber cables which will now consist of a scalable carrier neutral colocation data center. The company is certain that the Esbjerg location will play a vital role in providing constant connectivity to the data center deployments within Denmark and the Nordics more broadly.
Intended Audience:
- Colocation service providers
- IT companies
- Software companies
- Suppliers of manufacturing equipment’s
- Government organizations
- Banking sector
- Cloud providers
Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continued…
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List of tables
Table 1 Global Data Colocation Market, By Service Type
Table 2 Global Data Colocation Market, By Components
Table 3 Global Data Colocation Market, By End Users
Continued…
List of Figures
Figure 1 Research Network Solution
Figure 2 Global Data Colocation Market: By Service Type (%)
Figure 3 Global Data Colocation Market: By Components (%)
Continued…
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