Press release
Data Center Colocation Market Future Growth, Industry Trends & Forecast 2025| NTT Communication Corporation, Digital Realty Trust, Inc., Cyxtera, Technologies, Inc., CyrusOne Inc., Equinix, Inc., Global Switch, AT&T, Inc., CoreSite Realty Corporation, Chi
Datacenter colocation includes the method of renting out network bandwidth, physical space, and other organizational resources from the existing Datacenter. It facilitates the sharing of current data center resources for hosting and deploying data center solutions for peripheral organizations.Request a sample of this report @https://www.adroitmarketresearch.com/contacts/request-sample/1359
The increasing need to move, consolidate, or expand data centers is inspiring businesses to switch towards colocation services for enhancing security and operational expenses, along with reducing costs. The increasing need for efficient systems due to the data traffic for handling enormous data are enabling businesses to lease their IT space for storage devices and servers, thus, driving the industry growth.
In 2019, the estimated number of internet users globally was around 4.5 billion. The increasing adoption of wearable computing technologies and smartphones is driving the demand for real-time data processing, access, and storage facilities. Datacenter systems integrated with networked capabilities, IoT, technology, and sensors, delivering enhanced data proliferation. Organizations are heavily investing to handle such enormous data through in-house Datacenters.
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Growing data center complexities and decrease in the overall IT cost is expected to drive the Datacenter Colocation Market
In the past few years, facility modernization and new projects are transmuting the IT infrastructure structure into highly automated facilities. This has given rise to a growth in the number and size of electrical devices within the IT environment along with overall costs associated in management, installation, and maintenance of large-scale facilities. Organizations rely on such colocation service providers to reduce expenses. The industry players within the Datacenter colocation assist businesses by providing IT space and various services that include asset and maintenance management and decreasing extra expenses in hiring IT personnel.
The data centre colocation market players are involved in designing customized solutions that are particularly required for the businesses. For example, Schneider Electric SE provides customized DCIM, digital services, critical facilities management, as we as integrated IT solutions, enclosures, racks, UPS, rack power distribution, etc. Moreover, the key technology providers are collaborating with colocation companies to offer an effective supply of IT solutions and devices.
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Large enterprises are anticipated to have the largest share for Datacenter colocation market
The end-users of Datacenter colocation comprise SMEs and large enterprises. The large enterprises are anticipated to hold the largest share over the forecast period since they are inclined toward implementing colocation solutions. Moreover, they can afford to rent large spaces and meet their computational and power necessities. Colocation services enable large organizations to have control over the Datacenter infrastructure. Also, these services help in business continuity owing to their disaster recovery advantages.
North America will lead the growth in this market
North America is projected to possess the largest share and continue to hold its position over the forecast period. This region is advancing in its market growth owing to the existence of large industry players operating within the Datacenter colocation industry and rapid implementation of colocation services due to the availability of wide-spread solutions. On the other hand, the Asia Pacific region is likely to witness strong growth for the Datacenter colocation market from 2019 to 2025. This is predominantly due to rising volumes of Datacenter traffics within nations such as China, Australia, and India.
Key Market Players
NTT Communication Corporation
Digital Realty Trust, Inc.
Cyxtera Technologies, Inc.
CyrusOne Inc.
Equinix, Inc.
Global Switch
AT&T, Inc.
CoreSite Realty Corporation
China Telecom Corporation Limited
Verizon Enterprise Solutions, Inc.
Others
Market Segments: Datacenter Colocation Market
By End-User
SMBs
Large Enterprises
By Industry
Banking, Financial Services, and Insurance (BFSI)
IT and telecom
Government and defense
Healthcare
Research and academics
Retail
Energy
Manufacturing
Others
By Region (tentative)
North America
US
Canada
Europe
Germany
France
UK
Rest of Europe
Asia Pacific
China
India
South Korea
Japan
Rest of APAC
South America
Brazil
Argentina
The Middle East and Africa
Key Sources
Industry Associations
Patent Websites
Company Annual Reports
Company Websites
Key industry leaders
Ministry of Electronics & IT (Govt. of India) articles
IEEE journals
Technology consultants
System Integrators
BFSI experts
Others
Key Questions Answered
What are the key growth regions and countries?
What are the important types and technologies being used?
What are the market players doing, in terms of research and development?
Which are the new applications for this market?
What are the integrations happening?
What are the recent news, developments, mergers, or large value deals?
Key Stakeholders
Products & solution providers
System Integrators
Regulatory Authorities
Research and Innovation Organizations
Technocrats
Suppliers and Distributors
Other Channel Partners
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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Info:
Ryan Johnson
Adroit Market Research
3131 McKinney Ave Ste 600,
Dallas, Texas - 75204, U.S.A
Phone No: +19723628199
Email:sales@adroitmarketresearch.com
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