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Top Three Segments for the Data Center Colocation During the Forecast Period

According to a new market research report, "Data Center Colocation Market byService Types (Retail, Wholesale), Industry Verticals (Banking & Insurance,IT & Telecom, Healthcare, Government & Public, Energy), End Users(SMEs, Large Enterprises) & by Regions - Global Forecast to 2020",published by MarketsandMarkets, the Market is estimated to grow from USD 25.70 Billion in 2015 to USD 54.13 Billion by 2020, at a compound annual growthrate (CAGR) of 16.1%.

 Browse 74 market Tables and 42 Figures spread through 143Pages and in-depth TOC on "DataCenter Colocation Market"

Early buyers will receive 10% customization on this report.
 Organizations are facing a major challenge ofnon-availability of strategic location for the data centers. This highlightsthe robust need for cloud hosting and virtualization to manage requirements ofthe organization for their data storage. With the increase in IT investment inthe developing regions, such as Asia-Pacific (APAC)and MiddleEast and Africa (MEA), the market is expected towitness an upsurge.

 Increasing adoption of cloud computing will drive the Data Center Colocation Market 
The major forces driving the Data Center ColocationMarket are increasing adoption of cloud computing, reduction in capitalexpenditure, and improvement of disaster recovery capabilities. Increasingpenetration of cloud has introduced the concept of hybrid platform, includingcloud and traditional colocation that eases the storage and management oforganizations' data. Moreover, colocation services help organizations in costoptimization and in effectively managing their processes, such as disasterrecovery and safe backup system.

 Wholesale colocation market is expected to increaseduring the forecast period 
Benefits of reduced power, cooling cost, and reducedtotal cost of ownership of large data facility are some of the benefitsprovided by the wholesale colocation, thereby, increasing its market growthduring the forecast period. It also manages additional responsibilities for themanagement in terms of power needs, services, and support, which are increasingits popularity in the Data Center Colocation Market.

 North America dominates the Data Center Colocation Market during the forecast period 
The Data Center Colocation Market segments the globalmarket on the basis of regions, which includes North America,APAC, Europe,MEA, and LatinAmerica. North America isexpected to hold the largest share of the Data Center Colocation Market duringthe forecast period due to technological advancements and increase in ITcapacity requirement. APAC market is expected to grow at the highest CAGRbetween 2015 and 2020. The primary driving forces for this growth areorganizations' migration toward cloud and overall increase in the dataproduction.

 The report also encompasses different strategies such asbusiness expansion, contracts and agreements, acquisition, partnerships andcollaborations, and product developments adopted by major players to increasetheir share in the market. Some of the major technology vendors includeCenturyLink, Digital Reality, Equinix, NTT Communications, Verizon, AT&T,Level 3, Telecity Group, and Coresite.


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