Data Colocation Market Analysis:
The global data colocation market is poised to surpass USD 51 billion at a staggering 12% CAGR over the forecast period. Data colocation refers to services offered by companies which provide a secure, shared space for an enterprise business for storing hardware associated to data storage as well as other equipment. It is a popular service which is used by businesses which may not possess the resources required for maintaining their respective data center, yet still desire to reap all the advantages. Data colocation helps organizations in boosting the potential of their business by laying emphasis on the core business and decreasing their capabilities during recovery of catastrophes.

There are abundant factors that is driving the growth of the Data Colocation Market Trends. These factors as stated by the Market Research Future (MRFR) report include increasing awareness about reduction of carbon footprints, growing interest and focus in cloud computing, ability to offer access to hosting servers or managed security, backups, central data storage, fire suppression systems, firewalls and environmental controls, and cut down the problem of on-premise data centers which need cooling, constant maintenance and power for supporting the IT equipment.

On the contrary, issues related to data center connectivity, compliance and regulatory issues, fluctuating cost of equipment and operating expenditure, high initial cost, unavailability of big spacious locations adjacent organizations to establish data centers are factors that may impede the growth of the data colocation market over the forecast period.

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Major Key Players:
Leading players profiled in the data colocation market include Global Switch Corporation (UK), KDDI Telehouse Corporation (Japan), CoreSite Realty Corporation (U.S.), CenturyLink, Inc. (U.S.), Verizon Communication, Inc. (U.S.), Interxion Holding NV (Netherlands), American Telephone & Telegraph, Inc. (U.S.), Equinix, Inc. (U.S.), DuPont Fabros Technology, Inc. (U.S.), SunGard availability services (U.S.) and others.

May 2019- DXC Technology has revealed the news of its signing a 13-plus year agreement of managed colocation services with Credit Suisse’s US division. Credit Suisse has chosen DXC as their partner owing to its ability of customizing an outsourcing and financial solution which best meets their needs and their long-term infrastructure needs. This agreement will support their strategy to improve efficiency, generate productivity improvements and allow greater strategic and operational flexibility in their future IT infrastructural requirements.

Market Segmentation:
The MRFR report offers a wide segmental analysis of the data colocation market on the basis of components, service type and end-users.
• Based on service type, the data colocation market is segmented into large scale and small scale. Of these, the large-scale segment will have the largest share in the market over the forecast period.
• Based on components, the data colocation market is segmented into server and storage, cooling units, network hardware and others.
• Based on end-users, the data colocation market is segmented into energy, government, healthcare, IT and telecom, banking and insurance and others. Of these, IT and telecom will dominate the market over the forecast period.

Regional Analysis:
By region, the data colocation market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, North America and Europe. Of these, North America will spearhead the market over the forecast period. This is owing to the region’s growing number of IT capacity and data center requirements.

The presence of key players here that are utilizing advanced infrastructural architecture for promoting the growth of the market is likely to influence the data colocation market positively. In the Asia Pacific region, the data colocation market is predicted to develop rapidly over the forecast period on account of the substantial boost in data production, thus migration of companies towards cloud.

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