Data Colocation Market Research Report by Forecast to 2022

Posted by Kiran on October 21st, 2019

Data Colocation Market Analysis:

The global data colocation market is poised to surpass USD 51 billion at a staggering 12% CAGR over the forecast period. Data colocation refers to services offered by companies which provide a secure, shared space for an enterprise business for storing hardware associated to data storage as well as other equipment. It is a popular service which is used by businesses which may not possess the resources required for maintaining their respective data center, yet still desire to reap all the advantages. 

There are abundant factors that is driving the growth of the Data Colocation Market. These factors as stated by the Market Research Future (MRFR) report include increasing awareness about reduction of carbon footprints, growing interest and focus in cloud computing, ability to offer access to hosting servers or managed security, backups, central data storage, fire suppression systems, firewalls and environmental controls, and cut down the problem of on-premise data centers which need cooling, constant maintenance and power for supporting the IT equipment.

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Major Key Players:

Leading players profiled in the data colocation market include Global Switch Corporation (UK), KDDI Telehouse Corporation (Japan), CoreSite Realty Corporation (U.S.), CenturyLink, Inc. (U.S.), Verizon Communication, Inc. (U.S.), Interxion Holding NV (Netherlands), American Telephone & Telegraph, Inc. (U.S.), Equinix, Inc. (U.S.), DuPont Fabros Technology, Inc. (U.S.), SunGard availability services (U.S.) and others.