Global market for data center collocation is going total value of $ 58 57 billion by the end of 2022

Global market for data center col location is going total value of $ 58.57 billion by the end of 2022 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch A Colocation center (or colo) offers dedicated facility, where a business can physically house their servers and other equipment. Businesses can rent the space, as opposed to locating their servers or other computing hardware in their offices, for greater network reliability and uptime.

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QYResearch • The global market for data center colocation is about to double in size, going from a total value of $ 27.33 billion in 2016 to $ 58.57 billion by the end of 2022, representing a compound annual growth rate of 13.55% percent. The global colocation space market is in terms of total operational square feet 108.9m square feet in 2014. For the forecast period, data center colocation market is expected to grow at a moderate pace.

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ď Ź Some of the key players that offer data center colocation services are Equinix Inc., Digital Realty Trust, NTT Communications, Centurylink, Inc., Telehouse, Interxion and AT & T , etc. Among the largest providers, Equinix is the market leader in the combined wholesale and retail colocation market, with 9.69% of global annualized wholesale and retail colocation revenue in 2016. Digital Realty, primarily a wholesale provider, is the second largest supplier in terms of revenue at 5.64% in 2016. ď Ź In aggregate the top twelve colocation providers are accounted for almost 30.67% of the total worldwide market. There is then a long tail of smaller providers, each with 1% or less market share. Even though the market is going through consolidation, the colocation industry has contained over 1,000 additional companies.

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QYResearch  QYResearch estimates that today, less than half of the world’s total revenue for colocation (space supporting IT equipment) is in North America at 40.87% in 2016. The second largest region in terms of colocation operational square feet is Asia-Pacific, with 35.83% of market in 2016.  Data center colocation observes a great demand in telecommunication and information technology, due to the rising density of data servers. Colocation market earns a maximum chunk of its revenue from this vertical.

Furthermore, the energy sector is also relying on the data center operation to meet different regulatory norms.

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