Data colocation primarily refers to data center services which are rented out to business to power services, storage, networking, cooling of services and various other computing services. Data colocation leases a variety of equipment required to support the physical infrastructure for computing. Market Research Future has studied the global data colocation market with great care to arrive at educated conclusions regarding the growth of the market over the forecast period from 2016 to 2022. Valued at USD 26 Bn in 2016, the market is expected to nearly double in value to reach USD 51 Bn by the end of 2022. MRFR has calculated the growth of the market at a CAGR of 12% during the assessment period.
Colocation data centers often serve as a connection point between on-premise and on-cloud data centers. Various advantages of adopting data colocation are that it helps an organization save time, money and reduces the problems associated with on-premise data centers which often demand constant maintenance.
Another vital growth-promoting factor for the market is the capability of data colocation to enable enterprises to increase business potential by allowing them to focus on core activities. Moreover, Data Colocation Marketprovides access to central data storage, backups, environmental controls, firewalls, and security or hosting serves to name a few. The reduced need for constant maintenance is a strong driving factor of growth.
Notably, the market is challenged by the lack of availability of large locations close to organizations for the establishment of data centers. Moreover, companies often do not maintain complete control over servers which can be discouraging of adoption of data colocation.
Request a Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2023
Major Key Players:
MRFR has analysed leading players such as SunGard availability services (U.S.), DuPont Fabros Technology, Inc.(U.S.), Equinix, Inc. (U.S.), American Telephone & Telegraph, Inc. (U.S.), Interxion Holding NV (Netherlands), Verizon Communication, Inc. (U.S.), CenturyLink, Inc. (U.S.), CoreSite Realty Corporation (U.S.), KDDI Telehouse Corporation (Japan), and Global Switch Corporation (UK) among others in its report on the global data colocation market. The report also contains an understanding of the market strategies employed by these market players.
The global data colocation market has been segmented on the basis of service type, components, end-users, and region. Service type available in the data colocation market has been segmented into small scale and large scale. Large scale businesses are more likely to avail of data colocation services.
Components have bee segmented into network hardware, cooling units, server & storage, and others.
End-users of data colocation have been segmented to include banking & insurance, IT & telecom, healthcare, government, energy, and others.
Regions covered in the report include Europe, North America, Asia Pacific and the Rest of the World.
North America is likely to dominate the market due to the regions possession of the largest share of the global data colocation market. The region has an increasing number of data center requirements in IT capacity.
The presence of market leaders in the region who are using advanced infrastructural architecture to promote market growth will likely impact the data colocation market positively. Meanwhile, the Asia Pacific is expected to grow rapidly over the next few years due to the substantial increase in data production. Additionally, the European market carries great promise for the forecast period as there is a high growth opportunity in the region. Market leading players are increasing investments in Europe for the set up of data colocation centers. Market players like Facebook and Apple are investing in the set up of data colocation centers in countries like Denmark, Ireland, and Sweden.
Browse Full PR Details @ https://www.marketresearchfuture.com/press-release/data-colocation-market
- Colocation service providers
- IT companies
- Software companies
- Suppliers of manufacturing equipment’s
- Government organizations
- Banking sector
- Cloud providers
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
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
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/data-colocation-market-2023
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
Table 4 Global Data Colocation Market, By Regions
Table 5 North America Data Colocation Market, By Service Type
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 (%)
Figure 4 Global Data Colocation Market: By End Users (%)
Figure 5 Global Data Colocation Market: By Region
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar