Data Center Colocation and Managed Hosting Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023
- Transparency Market Research
- July 2028
- 0 pages
As businesses are expanding their operations globally, the need for data storage solution is increasing at an extraordinary rate. The expenditure for setting up and maintaining a data center with perfect security, environmental and performance conditions is significantly high for any given small or medium sized organization. In addition, the energy consumption of data center is high and depends upon their size. Thus, companies also want to decrease their energy consumption in order to reduce their carbon footprint. Due to limited IT budget and increasing requirement of high operating bandwidth, companies are showing interest in outsourcing their in-house data center to third party service providers. With colocation of data center managed by hosting service provider, companies are able to focus on streamlining their business operation and revenue generation. A hosting service provider offers computing servers, storage space and power for companies apart from providing advanced networking facilities. A colocation facility managed by service provider and owned by a company can be termed as managed hosting service facility. These help to reduce spending on IT infrastructure and have ownership control over data. Companies also colocate their equipment with colocation service provider to avail the benefit of higher bandwidth in their operation.
Colocation can be classified as wholesale and retail colocation services depending upon leasing of space by the customers. In wholesale colocation service, a company leases a whole colocated data center for operation. Whereas, in retail colocation service, a company only leases a limited part of space or rack within a colocated data center. As cloud-based services are increasingly becoming popular in IT businesses, colocation service providers are partnering with cloud service providers by offering cloud-based solution with data server to the companies.
Some colocation service providers also offer data analytics solution apart from simply providing data center solution. As colocated servers are remotely located, the need for firewall, remote access and system monitoring tools becomes prominent. Thus, most colocation sites provide video surveillance and biometric access for constant monitoring of colocated data centers to the companies.
The demand for colocation data center is estimated to increase in coming years as companies would need to cut down their operational cost in order sustain in the market. Colocated data center provides better speed, efficiency and reliability which help companies perform faster in critical operations. An off-site data center also helps companies to protect their data and create a backup in case of a disaster in in-house data center. The increasing use of cloud computing is expected to spur the adoption of colocated data center in coming years.
The major challenge faced by colocation service providers is the issue of regulatory compliance with its cloud based end customers. This can be overcome by adopting a standardized compliance system which is expected to emerge in the near future.
The availability of a strategic location for a colocation data center is an important parameter for any company. Most of the colocated data centers are setup in North America followed by European region. However, the issue of higher power consumption and limited space is forcing colocated service provider to shift their data centers to Asia Pacific and Latin America regions. This will help the companies to balance and limit their power consumption in respective operating countries thereby saving on operation costs. Colocated data center finds its application in areas of telecommunication, information technology, government organization, healthcare, energy and banking, insurance and other financial services (BFSI).
Some of the key colocated hosting service providers are AT&T, Inc., Coresite Reality Corporation, Digital Reality, Interxion, CyrusOne LLC, Windstream Communications, C7, Zayo Group LLC, Steadfast, Inc., CenturyLink, Inc., Equinix, Inc., Telecity Group, Internap, NTT America, Inc. and Verizon Communications, Inc.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.