London, 17 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Data Center Colocation and Managed Hosting Services Market 2015-2019, which is expected to grow at CAGRs of 11.49 and 12.63 percent, respectively during the period 2014-2019.
The implementation of data center colocation services has turned out to be an effective solution for organizations worldwide. Several vendors are providing data center facilities with advanced HPC equipment for colocation services to enterprises that are finding it difficult to maintain their own IT infrastructure. Data center colocation services provide a cost-effective option to enterprises and additional on-demand capacity for data and space with changing needs.
“The Global Colocation and Managed Hosting Services market is witnessing the development of standardized preconfigured systems, which ease the provisioning of colocation and also the management of the enterprise networks,” says Faisal Ghaus, Vice President of TechNavio.
“Moreover, these preconfigured systems have in-built management software, which provides centralized monitoring and network management features.”
Key Market Drivers
- Reduction in Capital and Operational Expenditures
- Increased Data and Network Traffic
- Increased Adoption of Cloud-based Services
- Increased Demand for Services
Key Market Trends
- Increased Use of Virtualized Technology
- Growing Demand from SMEs
- Readily Available Infrastructure
Key Market Vendors
- AT&T Inc.
- CenturyLink Inc.
- Digital Realty Inc.
- Equinix Inc.
- Level 3 Communications Inc.
- Rackspace Inc.
- Verizon Communications Inc.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
