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Predictions for 2019: Global Multi-tenant Data Centers Industry Is Set to Boom
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Multi-tenant data centers deploy infrastructure which perfectly figures out how to deliver more with few resources resulting in the reduction of the capital expenditures in data centers. Companies are adopting the multi-tenant infrastructure as it also caters the need of a quick response in business processes in this competitive environment and also overcomes the challenge of finding skilled IT staff in different geographical regions where the enterprise is located.
Multi-tenant Data Centers Market: Drivers and Restraints
The ever growing internet traffic is the major driver for the growth of multitenant data centers market. Moreover, factors such as continuous up gradation in data centers resulting in obsolescence in existing data centers, increase in demand for IT services, and increased IT spending are driving the growth in multi-tenant data center market. Also, low operational costs, quick response and deployment, and technical advancements in IT are also some important factors resulting in the growth of multi-tenant data centers market.
However, data security concerns and inflexibility of some multi-tenant data centers are some challenges faced by multi-tenant data centers market.
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Multi-tenant Data Centers Market: Segmentation
Multi-tenant data centers market can be segmented on the basis of application, end-user vertical, and region wise. On the basis of application, it can be further segmented into public cloud and private cloud. By end user vertical, it can be sub-segmented into IT and Telecom, Healthcare, Defence, Manufacturing, Retail, Media and Entertainment, Food and Beverages, Energy and Utility, and Others. Region wise, Multi-tenant data centers market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.
Multi-tenant Data Centers Market: Regional Overview
North America region is the largest market for multi-tenant data centers due to the presence of wide variety of end-user enterprises and competitive environment between them. In Europe, multi-tenant data centers market is also growing at a significant pace due to rise in business demands and IT needs. Multi-tenant data centers market growth in Asia-Pacific region is the fastest due to large scale outsourcing of managed hosting services in this region. Latin America and Middle East multi-tenant data centers market is at an emerging stage.
Multi-tenant Data Centers Market: Key Players
CenturyLink, Cisco, IBM Corporation, Digital Realty, Equinix, Inc., RACKSPACE, Global Switch, Level 3 Communications, and NTT Communications Corporation, are some of the key players in multi-tenant data centers market.
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Other prominent players in this market include Ascenty, AT&T, CentriLogic, China Telecom, CtrlS Datacenters, Cyrus, Expedient Data Centers , Telefonica, Telehouse (KDDI), Datapipe, Digiplex, DuPont Fabros, , Fujitsu, HCL, Interoute Communications, Interxion, IO, NaviSite, PCCW Global, Singtel, Telstra International, Verizon Enterprise, and Zayo Group.
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