TechNavio recognizes the following companies as the key players in the Data Center Colocation Services Market in North America: At and T Inc., Savvis Inc., Equinix Inc., and Verizon Communications Inc.
Commenting on the report, an analyst from TechNavio’s Data Center team said: ”One of the major trends in the Data Center Colocation Services market in North America is the decreasing prices of colocation services across the region. With an increasing number of colocation vendors entering the market and providing colocation services to enterprises, there is increasing competition being witnessed among vendors. Increasing price competition is leading to decreasing prices and more services being provided to customers. Further, due to the increasing demand for colocation services from enterprises, colocation vendors are trying to gain market share and lead the market through offering unique features and more services.”
According to the report, one of the major drivers in the market is the increasing need to reduce capital and operational expenses in data center facilities. Enterprises are experiencing increasing expenditure on data center facilities. To control the costs associated with data centers, enterprises are opting for colocation services which are comparatively cheaper compared to the internal hosting of data center services.
Further, the report states that one of the major challenges is the growing concerns regarding security of data in networks. Since colocation service providers do not have a dedicated data center facility for every enterprise, there is a chance that other enterprises could gain unauthorized access to an enterprise’s data. Also, as a result of the rapid evolution of the technology related to data centers, colocation service providers are unable to upgrade and provide their services at reduced cost, which is deterring enterprises from adopting colocation services.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are CoreSite Realty Corp., CyrusOne Inc., Level3 Communications Inc. Peak10 Inc., Rackspace Hosting Inc., and Windstream Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/data-center-colocation-services-market-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Data Center market research, please visit https://www.technavio.com/data-centers
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TechNavio Announces the Publication of its Research Report – Data Center Colocation Services Market in North America 2012-2016
