Data Colocation Services Market is Expected to Grow at a CAGR of 12.51% by 2024: AT&T, China Telecom Corporation Limited, Coresite Realty Corporation, Cyrusone, Cyxtera Technologies, Digital Realty Trust, Dupont Fabros Technology, Equinix, Global Switch,

The global data colocation services market is expected to grow from USD 28.32 billion 2017 to USD 64.64 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 12.51%.

“Growing data center complexities is one of the factors largely attributing to the growth of data colocation services market globally”

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“AT&T, Inc.: The potential growing player for the global data colocation services market”

The key players profiled in the global data colocation services market are AT&T, Inc., China Telecom Corporation Limited, Coresite Realty Corporation, Cyrusone Inc., Cyxtera Technologies, Inc., Digital Realty Trust, Inc., Dupont Fabros Technology, Inc., Equinix, Inc., Global Switch, Internap Corporation, Interxion Holding NV, Kddi Corporation, Level 3 Communications Inc., NTT Communications Corporation, and Verizon Enterprise Solutions, Inc..

The factors attributing to the growth of the market are growing data center complexities, and cost-effective, reliable, secure, scalable, and shared infrastructure for data services. However, some factors such as and distance can translate into increased travel costs and maintenance cost may hinder the market growth. The global data colocation services market is expected to showcase the opportunities such as rising need for disaster recovery and business continuity requirements, emerging hyper-scale computing, and increasing adoption of hybrid cloud and virtualization. In the near future, the market may face the possible challenges in the growth due to and government regulations and essential security requirements. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global data colocation services market.“Retail Colocation: The highest growing type for the global data colocation services market”

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On the basis of type, the global data colocation services market is studied across Retail Colocation and Wholesale Colocation. Among all these type, the Retail Colocation is projected to hold the largest market share while the Wholesale Colocation has the potential to grow the market with the highest CAGR in the forecast period.“Information Technology: The highest growing industry for the global data colocation services market”

On the basis of industry, the global data colocation services market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Among all these industry, the Information Technology has captured the maximum market share while the Consumer Goods & Retail has the opportunity to emerge with the highest CAGR.“Americas: The highest growing geography for the global data colocation services market”

On the basis of geography, the global data colocation services market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.

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The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global data colocation services market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global data colocation services market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global data colocation services market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global data colocation services market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global data colocation services market.

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