“Data Center Colocation Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global Data Center Colocation Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.
Top-Listed Players in Data Center Colocation Market Research Report 2019-2023:
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Data Center Colocation market reports provide a comprehensive overview of the worldwide market size and share. Data Center Colocation market data reports also provide a 5-year historical, forecast for the sector, and include data on social-economic data of global. Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to the success of the organization.
Overview of Data Center Colocation Market Report:
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 (2018 - 2023). 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. It is estimated that there is an increase of 35% data growth rate per year, and this has resulted in many organizations doubling their on-premises storage over a three-year period, leading to over-builds that drive to wasted capital across infrastructure, power, and staffing costs. Colocation acts as an attractive solution, as it allows organizations to solve a problem without substantial upfront costs, which is one of the reasons that is expected to drive the growth of this market. Many developing countries have emphasized on the digitization of existing products and services. Many services, such as bill payments, records of people recipient of government services, are all being digitized, further fueling the need for data center colocation. The acceleration in the overall cloud adoption is expected to double the size of data center colocation. The need for separately owned data centers has been reduced with the onset of cloud, fueling the growth of data center colocation.
Increased Adoption of Cloud and IoT is Driving the Market
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. Currently, the cloud market consists of large global companies, like Amazon Web Services, Microsoft Cloud, as well as companies in provider segment. Regarding infrastructure, global corporations, and third-party vendors have been identified to support their services with hyper-scale data centers and rent spaces at colocation service providers. Combining colocation with the cloud can help reduce latency, increase security, and create cloud interconnection opportunities. Cloud provider companies require private networks with high levels of bandwidth and resiliency, and support from a robust data center provider.
Healthcare is the Fastest Growing Sector
Many healthcare departments are facing pressure, to reduce the cost structure of a company, and deliver full regulatory compliance and efficient solutions, with constraints about the increasing amount of data being generated. Data center collocation provides the best alternative, to enable cost saving means for any firm. Digitization of consumer health records, in the form of electronic medical records (EMR), contributes to data increment. Latest innovations in the medical equipment, modernization of legacy operating systems, such as management of personnel, improvement in the patient response systems, etc., generate a multitude of data, further necessitating the need for data center colocation.
Asia-Pacific to Grow at a Faster Pace
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. Japan has a high density of colocation, owing to such generation of data. Digital Realty has launched its first data center in Japan, named ‘Digital Osaka 1’, indicating increasing investment in the region. Singapore is considered one of the largest shipping ports in the world, ensuring connectivity. With its stable government committed to driving prosperity through economic development and innovation, Singapore continues to attract major investments from the technology industry.
Major Players: AT&T INC., IBM CORPORATION, CHINA TELECOM CORPORATION LIMITED, CHINA UNICOM, CYRUSONE, DIGITAL REALTY, SOFTBANK, EQUINIX, FUJITSU, AND NTT COMMUNICATIONS, amongst many others.
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Reasons to Purchase this Report
Valuable Points from Data Center Colocation Market Research Report 2019-2023:
- A complete background analysis, which includes a valuation of the parental Data Center Colocation Market.
- Significant changes in Market dynamics.
- Data Center Colocation Market segmentation according to Top Regions.
- Current, Historical, and projected size of the Data Center Colocation Market from the viewpoint of both value and volume.
- Reporting and assessment of recent industry developments.
- Data Center Colocation Market shares and strategies of key Manufacturers.
- Emerging Specific segments and regional for Data Center Colocation Market.
- An objective valuation of the trajectory of the Market.
- Recommendations to Top Companies for reinforcement their foothold in the Market.
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Highlights of the following key factors:
- Business description –A detailed description of the company’s operations and business divisions.
- Corporate strategy –Analyst’s summarization of the company’s business strategy.
- SWOT Analysis –A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
- Company history –Progression of key events associated with the company.
- Major products and services –A list of major products, services, and brands of the company.
- Key competitors –A list of key competitors to the company.
- Important locations and subsidiaries –A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years –The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
Top Most Regions Covered In Data Center Colocation Market Research Report 2019-2023:
Conclusively, this report will provide you a clear view of each fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.
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