DUBLIN--(BUSINESS WIRE)--The "North America Data Center Colocation Market - By Type , Industry, Geography, Trends, Forecast - 2017 - 2022" report has been added to Research and Markets' offering.
The North America Data Center Colocation Market is valued at USD 13.80 billion in 2016 and is expected to reach a value of USD 28.67 billion by the end of 2022, growing at a projected CAGR of 11.72% during the forecast period of 2017 - 2022
This is being driven by the increasing concerns regarding the expenses associated with running a data center. Data storage and non-availability of strategic location for data centers has always been a key issues faced by the organizations in the today's environment. There has been increase in the investments expenses along with the increasing cost to maintain the infrastructure faced by the organizations. Deployment of data center colocation has led enterprises to cut down their maintenance cost and has increased safety & high bandwidth availability.
The demand for colocation services is on the rise and vendors are now providing unique scalability features with increased control to enterprises. Colocation providers are partnering with cloud providers or hardware vendors to offer turnkey clouds for their colocation clients. The level of flexibility now being offered by colocation providers is unprecedented with solutions ranging from simple data warehousing to high velocity data analytics solutions. These features along with the reduced expenses and greater ease of use make colocation a very lucrative business for investment.
The market has also been geographically segmented into countries such as United States and Canada. The United States leads the North America Colocation center data market with over 92% of the market share with 1294 colocation centers. Canada follows with 110 colocation centers.
Los Angeles leads the way with 60 followed by New York and Dallas. Northern Virginia and Dallas are supposed to be the high growth regions as demand continues to increase. The growing prices of power and water plus other supplies are becoming worrisome to firms as well as colocation service providers. The introduction of connection fees by water authorities in many regions, one data center project in Denver had been asked to pay a $5 million connection fee. This is a grave concern for new entrants of the market.
Some of the companies mentioned in the report are AT&T, IBM, Fujitsu, Reliance Communications, Tata Communications, China Telecom Corporation, British Telecom and NTT Communications.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Snapshot
6. North America Data Center Colocation Market Segmentation
7. Competitive Intelligence - Company Profiles (list populated globally)
8. Investment Outlook
9. Future of North America Data Center Colocation Market
For more information about this report visit https://www.researchandmarkets.com/research/mvr3g3/north_america