NEW YORK, June 15, 2021 /PRNewswire/ -- The data center colocation market is expected to grow by USD 33.09 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the data center colocation market in optimistic, probable, and pessimistic forecast scenarios.
With the continuing spread of the coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
Key Considerations for Market Forecast:
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
Pre- as well as post-COVID-19 market estimates
Quarterly impact analysis and updates on market estimates
The data center colocation market is driven by the growing number of M&A. In addition, an increasing number of investments in the construction of colocation data centers is expected to positively influence the data center colocation market during the forecast period.
Related Reports on Information Technology Include:
Global Data Center Power Market - Global data center power market is segmented by product (generators, transformers, UPS, transfer switches and switchgears, and others) and geography (North America, Europe, APAC, South America, and MEA). Request a Free Sample Report
Global Data Center Automation Software Market - Global data center automation software market is segmented by deployment (on-premise and cloud-based) and geography (APAC, Europe, MEA, North America, and South America). Request a Free Sample Report
Market positioning of vendors
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.