According to a new market research report ”Data CenterColocation Market by Type (Retail and Wholesale), End-user (SMES and LargeEnterprise, Industry (BFSI, IT & Telecom, Government & Defense,Healthcare, Research & Academic, Retail, Energy and Manufacturing), andRegion - Global Forecast to 2022", published by MarketsandMarkets™,The data center colocation market is expected to grow from USD 31.52 Billion in2017 to USD 62.30 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of14.60%.
The major forces driving the data center colocation market are therequirement for reliability, security and scalability of infrastructure,growing data center complexities, and the need for reduction of overall ITcosts. The data center colocation market is expected to be growing rapidlybecause of the increasing number of users opting for cost-effective andenergy-efficient data center solutions.
Browse 52 Market Data Tables and 69 Figures spread through 137Pages and in-depth TOC on "DataCenter Colocation Market by Type (Retail and Wholesale), End-user(SMES and Large Enterprise, Industry (BFSI, IT & Telecom, Government &Defense, Healthcare, Research & Academic, Retail, Energy andManufacturing), and Region - Global Forecast to 2022"
Major Key Players
The report also encompasses different strategies, such as mergersand acquisitions, partnerships and collaborations, and developments, adopted bythe major players to increase their shares in the market. Some of the majortechnology vendors include AT&T Inc. (US), China Telecom (China), CogentCommunications (US), Contegix (US), CoreSite Realty Corporation (US), CyrusOne(US), Cyxtera Technologies, Inc. (US), Digital Realty Trust, Inc. (US), DuPontFabros Technology, Inc. (US), Equinix, Inc. (US), Fibernet Inc. (US), GlobalSwitch (UK), Internap (US), Interxion (Netherland), Keppel Data Center Pte Ltd.(Singapore), Level 3 Communications Inc. , NTT Communications Corporation(Japan), PhoenixNAP (US), Rahi Systems Inc (US), Singtel (Singapore), STT GDCPte Ltd. (Singapore), Telehouse-KDDI (UK), Telstra (Australia), TeraGo NetworksInc. (Canada), and Verizon (US).
Wholesale colocation type is expected to grow at the highest CAGR
The market, by type, has been segmented into retail colocation andwholesale colocation. Wholesale colocation is expected to witness the highestCAGR during the forecast period of 2017–2022. The wholesale colocation providesa large IT space, along with cooling and power infrastructure. Additionally, itprovides the users with benefits, such as economics of scale by reduced powerand cooling cost, high bandwidth, and reduced total cost of ownership. Thesebenefits provided by the wholesale colocation are anticipated to further drivethe data center colocation market during the forecast period.
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Small and Medium-Sized Enterprises (SMEs) are expected to grow atthe highest rate during the forecast period
The market, by end-user, has been segmented into SMEs and largeenterprises. SMEs have lesser infrastructure autonomy requirements, thus theyare increasingly adopting retail colocation services. Data center colocationprovides SMEs with security and flexibility, which is expected to fuel theirdemand.
North America is expected to dominate the data center colocationmarket during the forecast period
The global data center colocation market issegmented on the basis of regions into North America, Asia Pacific (APAC),Europe, Middle East and Africa (MEA), and Latin America. North America isexpected to hold the largest share of the data center colocation market in2017, owing to the presence of a large number of data centers across variousindustries in this region. The market in APAC is expected to grow at thehighest CAGR between 2017 and 2022. The primary driving forces for this growthare the increasing data center traffic and the surge in usage of mobile devicesin this region.
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