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Colocation Market is Expected to Garner $51.8 Billion by 2020, Registering a CAGR of 12.4% During the Forecast Period 2015-2020: Equinix, Inc, Interxion Holding NV, SunGuard Availability Services, CenturyLink Technology Solutions, Verizon Communication Lt

04-19-2019 03:31 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Colocation Market

Colocation Market

North America has emerged as the most promising region, exhibiting a huge demand for colocation by adoption in the sectors of banking, telecom and IT sector in order to manage their dedicated data servers. In 2014, the market for colocation in North America was valued at $11,779.9 million and would continue to consolidate its market position during the period 2015 - 2020. Key factors such as shrinking IT budgets and the high cost associated with the development of dedicated data centers would largely drive the market by 2020.

Global Colocation Market is expected to reach $51.8 billion by 2020, registering a CAGR of 12.4% during 2015 - 2020. Global data center colocation market for energy sector would exhibit highest CAGR of 14.3% during the forecast period, according to a new report published by Allied Market Research.

Need more details? Request a sample of the “Colocation Market” report at https://www.alliedmarketresearch.com/request-sample/338

Based on space and power requirements for maintaining the data servers, the market for Colocation services are broadly segmented into two types-retail colocation and wholesale colocation. High demand of capacity requirement ranging from 100KW to 500KW power are driving the market for retail colocation.

Presently, the segment of retail colocation acquires a larger share in the market for colocation. In 2014, the retail data center colocation market accounted for approximately 2/3rd of the total market share. In order to secure the market position, whole sale colocation providers are now focusing on small-and medium enterprises in need of 500KW-1000KW. The whole sale market is expected to register a CAGR of 13.7% during the period 2015 - 2020.

For purchase enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/338

Based on increasing density of data servers, the market earns a major share of its revenue from the telecom and IT industry. The segment of Telecom and IT sector would continue to consolidate its position in the market for data center colocation, over the forecast period. Recent digitalization approaches adopted by the energy sector would drive the market registering the highest CAGR of 14.2% during the forecast period 2015 - 2020.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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