Data Center Colocation Market Share, Size 2020| Top Competitor, Regions, Growth, Market Distribution, Supply Demand Scenario, Type & Application and Forecast to 2023
The "Data Center Colocation" Market (2019-2023) research report gives an expert and top to bottom analysis on the current state focuses on the major players and restraints for the key players. Global Data Center Colocation Industry report additionally gives granular analysis of the market size, share, segmentation, revenue forecasts and geographic regions of the market. This report categorizes the market based on market overview, regions, analysis by types and applications, market dynamics and manufacturers profiles.Get a sample copy of the report at- https://www.marketreportsworld.com/enquiry/request-sample/12343816
Top Manufacturers Listed in the Data Center Colocation Market Report are:
o AT&T Inc.
o IBM Corporation
o China Telecom Corporation Limited
o China Unicom Limited
o CyrusOne Inc.
o Digital Realty Trust Inc.
o Softbank Group Corp.
o Equinix
o Inc.
o Fujitsu Limited
o NTT Communications
The global data center colocation market was valued at USD 25.52 billion in 2019, and is expected to reach a value of USD 47.34 billion by 2023, at a CAGR of 10.85% over the forecast period (2018 - 2023). Colocation is a data center facility, where a corporation can rent space for servers and other computing hardware. Colocation facilities provide space, power, cooling, physical security for the server, storage, and networking equipment to interconnect them to a variety of telecommunications and network service providers at low cost.
Server workload continues to grow with each passing year, which shows an adverse effect on IT operations. It is estimated that there is an increase of 35% data growth rate per year, and this has resulted in many organizations doubling their on-premises storage over a three-year period, leading to over-builds that drive to wasted capital across infrastructure, power, and staffing costs. Colocation acts as an attractive solution, as it allows organizations to solve a problem without substantial upfront costs, which is one of the reasons that is expected to drive the growth of this market. Many developing countries have emphasized on the digitization of existing products and services. Many services, such as bill payments, records of people recipient of government services, are all being digitized, further fueling the need for data center colocation. The acceleration in the overall cloud adoption is expected to double the size of data center colocation. The need for separately owned data centers has been reduced with the onset of cloud, fueling the growth of data center colocation.
Increased Adoption of Cloud and IoT is Driving the Market
Cloud computing is one sector that has been estimated to be a significant driver of the data center colocation industry. Cloud computing has been proliferating over the past few years, owing to lower operational expenses faced by enterprises. Currently, the cloud market consists of large global companies, like Amazon Web Services, Microsoft Cloud, as well as companies in provider segment. Regarding infrastructure, global corporations, and third-party vendors have been identified to support their services with hyper-scale data centers and rent spaces at colocation service providers. Combining colocation with the cloud can help reduce latency, increase security, and create cloud interconnection opportunities. Cloud provider companies require private networks with high levels of bandwidth and resiliency, and support from a robust data center provider.
Healthcare is the Fastest Growing Sector
Many healthcare departments are facing pressure, to reduce the cost structure of a company, and deliver full regulatory compliance and efficient solutions, with constraints about the increasing amount of data being generated. Data center collocation provides the best alternative, to enable cost saving means for any firm. Digitization of consumer health records, in the form of electronic medical records (EMR), contributes to data increment. Latest innovations in the medical equipment, modernization of legacy operating systems, such as management of personnel, improvement in the patient response systems, etc., generate a multitude of data, further necessitating the need for data center colocation.
Asia-Pacific to Grow at a Faster Pace
Asia-Pacific is a hub for major IT outsourcing destinations for the major market players, across the industry verticals. Power, space, and IP transit cost more in China, emphasizing the difficulties in maintaining a data center. China has 50 internet users per 100 people, indicating the scope for immense development and the connectivity ecosystem is made up of 73 colocation data centers and 52 cloud service providers. Japan has 93 internet users per 100 people, showing high internet literacy in Japan. Japan has a high density of colocation, owing to such generation of data. Digital Realty has launched its first data center in Japan, named 'Digital Osaka 1', indicating increasing investment in the region. Singapore is considered one of the largest shipping ports in the world, ensuring connectivity. With its stable government committed to driving prosperity through economic development and innovation, Singapore continues to attract major investments from the technology industry.
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Regional Segmentation Includes:
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
Reasons to Purchase the Data Center Colocation Market Report:
- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market size and Share.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Data Center Colocation Market growth during the forecast period.
- Identify the latest developments, Data Center Colocation market shares and strategies employed by the major market players.
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Major Points from Table of Contents:
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products or Services
4.2.5 Competitive Rivalry among Existing Competitors
4.3 Industry Value Chain Analysis
4.4 Factors Driving the Market
4.4.1 Reduction in Capital and Overall Costs
4.4.2 Increased Adoption of Cloud and IOT Center
4.5 Factors Restraining the Market
4.5.1 Requirement of Skilled IT Staffing
4.5.2 Regulatory Compliance Problems for Data Centers
5. Global Data center collocation Segmentation
5.1 By Solution Type
5.1.1 Retail Colocation
5.1.2 Wholesale Colocation
5.2 By End-user Vertical
5.2.1 Banking, Finance, Security, and Insurance
5.2.2 Manufacturing
5.2.3 IT and Telecommunications Technology
5.2.4 Energy
5.2.5 Healthcare
5.2.6 Government
5.2.7 Entertainment and Media
5.2.8 Other End-user Industries
5.3 By Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6. Competitive Intelligence - Company Profiles
6.1 AT&T Inc.
6. 2 BM Corporation
6.3 China Telecom Corporation Limited
6.4 China Unicom Limited
6.5 CyrusOne Inc
6.6 Digital Realty Trust Inc.
6.7 Softbank Group Corp.
6.8 Equinix, Inc.
6.9 Fujitsu Limited
6.10 NTT Communications
7. Investment Analysis
8. Future of the Data Center Collocation Market
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