Data Center Colocation Market to Grow Exponentially Via Wholesale Sector By 2024

The wholesale services are expected to witness a high adoption in the data center colocation market with the increasing flexibility in accessing and managing the internal resources in the dedicated space offered by service providers. These services allow enterprises to lease a data center space for designing and building their IT infrastructure facilities. They also allow businesses to take full responsibility of their data center devices. These businesses manage and maintain their equipment by setting up a separate expert team, which will allow them to modify their systems as per the business requirements. Such factors are predicted to drive the data center colocation market growth.

The data center colocation market will witness a high growth due to the rising demand for the hosting services from large enterprises. The companies are engaged in expanding their business operations to provide their innovative offerings to the customers present in global regions. The growing need for data storage facilities for setting up their business operations in these regions is expected to drive the data center colocation market. These companies find cost-effective techniques to manage their IT facilities. Colocation offers suitable options to these companies to reduce their business expenses and manage their IT systems effectively.

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The service providers ensure that the IT facilities are protected securely with advanced management solutions to protect the data loss. These players are integrating several solutions such as DCIM, which are used for several applications including asset management and device discovery. Moreover, the government institutions need to manage crucial data that will include the statistics related to the economic or political information of the country, thereby propelling the demand in the data center colocation market.

North America data center colocation market is growing at a rapid pace with the rising urbanization and industrialization in several economies of the region. Countries such as the U.S. and Canada are the fastest growing economies, where the global companies have established their business base. Several global companies that are generating massive volumes of business data due to their rapidly expanding operations are Facebook, Google, and Amazon.

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Some Point from Table of Contents:

Chapter 4.   Data Center Colocation Market, By Type

4.1.  Key trends, by type

4.2.  Retail colocation

4.2.1. Market estimates and forecast, 2013 – 2024

4.3.  Wholesale colocation

4.3.1. Market estimates and forecast, 2013 – 2024

Chapter 5.   Data Center Colocation Market, By End-Use

5.1.  Key trends, by end-use

5.2.  SMEs

5.2.1. Market estimates and forecast, 2013 – 2024

5.3.  Large enterprises

5.3.1. Market estimates and forecast, 2013 – 2024

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