Information Communication and Technology Reports Data Center Colocation Industry Research Report

Data Center Colocation Market expected to grow from USD 31.52 Billion in 2017 to USD 62.30 Billion by 2022 According to a new market research report” Data Center Colocation Market by Type (Retail and Wholesale), End- user (SMES and Large Enterprise, Industry (BFSI, IT & Telecom, Government & Defense, Healthcare, Research & Academic, Retail, Energy and Manufacturing), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The data center colocation market is expected to grow from USD 31.52 Billion in 2017 to USD 62.30 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.60%. The major forces driving the data center colocation market are the requirement for reliability, security and scalability of infrastructure, growing data center complexities, and the need for reduction of overall IT costs. The data center colocation market is expected to be growing rapidly because of the increasing number of users opting for cost-effective and energy-efficient data center solutions. Browse and in-depth TOC on “Data Center Colocation Market” 52 - Tables 69 - Figures 137 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1252 Major Market Developments  In June 2017, DuPont Fabros Technology and Digital Reality entered into a definitive agreement wherein DuPont Fabros Technology merged with Digital Realty. This merger is aimed to provide customer and geographical diversification for DuPont Fabros Technology.  In May 2017, BC Partners and Medina Capital acquired CenturyLink, Inc.’s portfolio of data centers and associated colocation business. The combined assets formed a new venture, Cyxtera Technologies  In May 2017, CyrusOne announced an alliance with CSRA, which is a provider of IT solutions for government agencies and programs. The alliance is aimed to provide next-generation data center space and power for government customers Wholesale colocation type is expected to grow at the highest CAGR The market, by type, has been segmented into retail colocation and wholesale colocation. Wholesale colocation is expected to witness the highest CAGR during the forecast period of 2017–2022. The wholesale colocation provides a large IT space, along with cooling and power infrastructure. Additionally, it provides the users with benefits, such as economics of scale by reduced power and cooling cost, high bandwidth, and reduced total cost of ownership. These benefits provided by the wholesale colocation are anticipated to further drive the data center colocation market during the forecast period. Small and Medium-Sized Enterprises (SMEs) are expected to grow at the highest rate during the forecast period The market, by end-user, has been segmented into SMEs and large enterprises. SMEs have lesser infrastructure autonomy requirements, thus they are increasingly adopting retail colocation services. Data center colocation provides SMEs with security and flexibility, which is expected to fuel their demand. North America is expected to dominate the data center colocation market during the forecast period