Global Colocation Market to be worth US$55.31 billion by 2021
Knowledge Sourcing Intelligence announces publication of its new report on Global Data Center Colocation Market by Type (Retail and Wholesale Colocation), End Users (Small, Medium and Large Enterprises), Industry Verticals (BFSI, Manufacturing, Healthcare etc.) and Geography. Global Colocation Market is projected to grow ata CAGR of 14.45% over the forecast period to be worth more than US$ 55 billion by the end of 2021. Growing adoption of cloud computing and virtualization solutions is driving this market. Fast growing economies of China and India are expected to witness maximum growth over the forecast period on account of increasing investments in IT infrastructure solutions.
Asia Pacific to lead the market growth
Asia Pacific region will witness maximum growth over the forecast period at an expected compound annual growth rate of 19.12% from 2015 to 2021, while Americas (North and Latin America region) will clock for more than 40% market share throughout the forecast period.
This report profiles the most promising players in the Colocation Market including Equinix, Rackspace, Telehouse, Verizon, SoftLayer, Colt Technology Services, Zayo Group, CenturyLink, Coresite Reality Corporation, Internap, Net Data Centers and SingleHop.
About Knowledge Sourcing Intelligence
Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data assists in generating quality reports providing crucial insights to managers and decision makers. The services offered by us helps companies to gain required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others caters to diverse client needs.