Press release
What's Driving the Data Center Colocation Market Growth? CenturyLink, CyrusOne, Cyxtera Technologies, Digital Realty, Equinix, Interxion, Level 3 Communications, Navisite, NTT Communications, Rackspace, Singtel, Telstra, Verizon, Zayo Group
This surge in data is on account of investments made by companies in modern technologies and large-scale facilities. To enable efficient data storage, international companies have started to either upgrade their traditional infrastructure units into large-scale data centers or develop new data center facilities. These factors may bolster data center colocation market forecast in the coming years.
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Colocation is witnessing significant traction amidst organizations across the globe and is recording exponential growth owing to its pioneering abilities like providing cost-effective solutions for data and infrastructure management.
Retail colocation is known to deliver high security in a dynamic multi-tenant ecosystem. This has led the retail segment to hold a major share in the global data center colocation market. Throughout years, large as well as small scale businesses have moved towards colocation, as it helps them to build and maintain their data centers at lower costs.
In general, organizations spend a huge fortune on maintaining and constructing data centers. Businesses that face budgetary constraints are often impacted due to these heavy expenses. However, colocation mitigates this constraint by offering an affordable solution. Medium and small-sized organizations have limited data storage requirements, which thereby make retail colocation a viable option.
Growing concerns over scalability, all-round customer support, security and reliability uptime could play a crucial role in accelerating the adoption of data center colocation in small enterprises. Colocation hosting enables small and mid-sized businesses to scale their resources effectively at lower costs.
The key players covered in this study: -
1. CenturyLink
2. China Telecom Corporation Limited
3. China United Network Communications Co., Ltd.
4. CyrusOne
5. Cyxtera Technologies
6. Digital Realty
7. Equinix
8. Global Switch
9. Interxion
10. Internap Corporation
11. KDDI Corporation
12. Keppel Data Centres
13. Level 3 Communications
14. Navisite
15. NTT Communications
16. Rackspace
17. Singtel
18. Telstra
19. Verizon
20. Zayo Group
Numerous colocation service providers now offer diverse services like monitoring, OS updating, hosting services and replacement of disk drives to their customers. With rapid developments in small-scale business sector, analysts predict that the data center colocation market would flourish momentously in the coming years.
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On the geographical front, Europe data center colocation market is slated to witness a sizeable growth owing to a rich presence of colocation data centers in countries like the UK, Germany, Netherlands, and France.
As per reports, Europe houses nearly 1,160 colocation data centers with companies like Telehouse North, FR5, PA2, Telehouse East and Paris Voltaire currently being at the forefront of the region's data center colocation market.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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