Global Data Center Colocation Market Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 16, 2018--The “Global Data Center Colocation Market - Segmented by Solution Type (Retail Colocation, Wholesale Colocation), End-user Vertical and Region - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global data center colocation market was valued at USD 25.52 billion in 2017, and is expected to reach a value of USD 47.34 billion by 2023, at a CAGR of 10.85% over the forecast period.
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.
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.
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.
Companies MentionedAT&T Inc. BM Corporation China Telecom Corporation Limited China Unicom Limited CyrusOne. Inc. Digital Realty Trust Inc. Softbank Group Corp. Equinix Inc. Fujitsu Limited NTT Communications
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Data center collocation Segmentation
6. Competitive Intelligence - Company Profiles
7. 2 BM Corporation
8. Investment Analysis
9. Future of the Data Center Collocation Market
For more information about this report visit https://www.researchandmarkets.com/research/wr32lp/global_data?w=4
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Related Topics:Data Centers
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT
SOURCE: Research and Markets
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PUB: 05/16/2018 06:30 AM/DISC: 05/16/2018 06:30 AM