DUBLIN, Feb. 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/7ljgnj/data_center) has announced the addition of the "Data Center Colocation Market by Service Types (Retail, Wholesale), Industry Verticals (Banking & Insurance, IT & Telecom, Healthcare, Government & Public, Energy), End Users (SMEs, Large Enterprises) & by Regions - Global Forecast to 2020" report to their offering.
The data center colocation market size will grow from USD 25.70 Billion in 2015 to USD 54.13 Billion by 2020, at a compound annual growth rate (CAGR) of 16.1%. Increasing adoption of cloud computing has led the organizations to upgrade to the upcoming technological solutions, such as modular data center infrastructure and virtualization for data center. This acts as a primary driving factor for the market as colocation initiatives helps companies to reduce costs and support cloud computing and storage. Other driving forces include reduction of capital expenditure (Capex), reliability, efficiency, and security; and bandwidth scalability.
The data center colocation market is broadly classified by type into retail colocation market and wholesale collocation market. Compared to retail colocation, the wholesale colocation market is experiencing high adoption among business enterprises, as wholesale vendors are not only offering their services at a cheaper rate than retail vendors, but are also dealing, increasingly, in lower power and space requirements. The colocation services market has been recently witnessing an increasing interest in hybrid cloud-based colocation facilities as organizations are adopting cloud computing to run a mix of in-house and outsourced data center services
Large enterprises dominate the end user segment in the data center colocation market during the forecast period. This growth is driven due to technological advancement across North America and Europe. Small and medium enterprises are expected to witness the highest growth as the colocation service offers them the benefit of big data center at a very reasonable operating cost.
The global market is segmented across five broad classifications, namely, North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. The analysis shows that the spending on data center colocation is increasing globally due to increasing Information and Communications Technology (ICT) integration across different verticals, especially in developing regions.
North America is projected to dominate the data center colocation market during the forecast period due to technological advancements and early adoption of cloud computing in the region. The APAC market is expected to grow at the highest CAGR between 2015 and 2020. The primary driving forces for this growth are increasing technological adoption and huge opportunities in countries such as China, India, and Japan.
Some of the major technology vendors include Centurylink, Digital Realty Trust, Equinix Inc., NTT Communications, and Verizon Communications.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Data Center Colocation Market Analysis, By Type
8 Market Analysis, By Vertical
9 Data Center Colocation Market Analysis, By End User
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- At&T, Inc.
- Centurylink, Inc.
- Coresite Realty Corporation
- Digital Realty Trust
- Equinix, Inc.
- Internap Corporation
- Interxion Holding NV
- Level 3 Communications, Inc.
- NTT Communications
- Telecitygroup PLC
- Verizon Enterprise Solutions, Inc.
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SOURCE Research and Markets