Global Colocation Facilities Market 2021 Share, Growth, Trends & Forecast 2027
Posted by mahavir mete on May 26th, 2021
A New Market Study, titled “Global Colocation Facilities Upcoming Trends, Growth Drivers and Challenges” has been featured on Market Research Future.
The Global Colocation Facilities is predicted to touch USD 51 billion at a healthy 12% CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis. Data center colocation, simply put, is a process to rent out network bandwidth, physical space, and other resources by a company in an existing data center. This process allows sharing the resources of the existing data center for hosting and deploying data center solutions for external organizations. Large scale and small scale are the different service types, while server and storage, cooling units, network hardware, and others are its different components. Owing to its alluring features and plentiful benefits, data colocation has wide applications in energy, government, healthcare, IT and telecom, banking and insurance, and others.
Various factors are propelling the Global Colocation Facilities share. According to the recent MRFR report, such factors include the growing need for scalable data centers, increasing data center complexities, reduced overall IT expenditure, and growing adoption of online shopping. Additional factors adding market growth include the rise in smartphone users, the need to cut down operational cost and capital expenditure, availability of wide choices for small companies, full control of server, required power backup, and security of information.
On the contrary, stringent government policies and regulations, location restraints for colocation facilities, high start-up and maintenance costs, and the on-going COVID-19 impact are factors that may limit the Global Colocation Facilities growth over the forecast period.
Complete Report Details @ https://www.marketresearchfuture.com/reports/data-colocation-market-2023
The MRFR report highlights an inclusive segmental analysis of the Global Colocation Facilities based on end users, components, and service type.
By service type, the Global Colocation Facilities is segmented into large scale and small scale. Of these, the large scale segment will lead the market over the forecast period.
By components, the Global Colocation Facilities is segmented into server and storage, cooling units, network hardware, and others.
By end users, the Global Colocation Facilities is segmented into energy, government, healthcare, IT and telecom, banking and insurance, and others. Of these, the IT and telecom segment will dominate the market over the forecast period.
Based on the region, the Global Colocation Facilities report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. The growing number of data center needs in IT capacity, presence of top data center service providers, use of advanced infrastructural architecture, and the rising adoption from different industries including BFSI, government, and others are adding to the Global Colocation Facilities growth in the region.
The Global Colocation Facilities in the APAC region is predicted to grow at a fast pace over the forecast period. The surging rise in data production and the booming telecom and IT sector is adding to the Global Colocation Facilities growth in the region.
The Global Colocation Facilities in Europe is predicted to have sound growth over the forecast period. Increasing investments by top industry players are adding to the Global Colocation Facilities growth in the region.
Leading players profiled in the Global Colocation Facilities report include American Telephone & Telegraph, Inc. (U.S.), DuPont Fabros Technology, Inc. (U.S.), Interxion Holding NV (Netherlands, Europe), Verizon Communication, Inc. (U.S.), KDDI Telehouse Corporation (Japan), Global Switch Corporation (UK), CoreSite Realty Corporation(U.S.), CenturyLink, Inc.(U.S.), SunGard Availability Services (U.S.), and Equinix, Inc. (U.S.). Industry players have incorporated strategies such as acquisitions, partnerships, mergers, joint ventures, collaborations, new product developments, strategic alliances, and contracts, among others, to stay at the forefront.
Major Key Points in Table of Content
TABLE OF CONTENTS
2 RESEARCH METHODOLOGY
7 COMPETITIVE ANALYSIS
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About the Authormahavir mete
Joined: April 27th, 2021
Articles Posted: 67
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