Skip to main content

Cost Advantages to Drive the Global Data Center Colocation Market Growth

According to the projections put forth by Inkwood Research, the Global Data Center Colocation Market is anticipated to register a CAGR of 15.87% in terms of revenue during the forecasting years of 2021-2028.

“Browse 48 Market Data Tables and 42 Figures spread over 185 Pages, along with an in-depth TOC on the Global Data Center Colocation Market Forecast 2021-2028.”



To know more about this report, request a free sample copy.

Data center colocation is a service offered by organizations providing enterprise businesses with a shared, secure space for storing data and other equipment. The enterprise customer interacts with the colocation firm in a manner similar to a rental relationship with a property manager, through which customers rent storage space within the facility. Often, the equipment, including servers as well as other hardware, is provided by the customer.

Cost Advantages to Propel Market Growth

Increased competition among industry verticals restricts the annual expenditure of the organization. The shrinking information technology (IT) budgets compel companies to consider leasing services for their data center necessities, compared to installing in-house data center facilities. As a result, setting up an in-house data center cost proves to be expensive for companies, predominantly during the installation’s initial phase. This challenge is successfully addressed by colocation service providers responsible for supplying rack space, cooling, power, networking, firewalls, bandwidth availability, and other facilities in exchange for monthly rent, thereby eliminating capital costs for companies.

REQUEST FREE SAMPLE LINK - https://www.inkwoodresearch.com/reports/data-center-colocation-market/#request-free-sample

Large Enterprises is the Dominating Organization

Large enterprises entail organizations with an annual revenue of over $1 billion, in addition to a workforce of more than 1,000 employees. These businesses seek new ways of efficiently transforming their processes, and thus, increasingly rely on business analytics to respond quickly to customers and offer a broad range of services. Furthermore, business analytics software enables large enterprises to drive efficiency and productivity, securely make decisions based on real-time data, and increase profitability. However, large enterprises generate a significant amount of data that cannot be physically stored and processed within the premises of the organization. This further necessitates the use of a specialized data processing unit. Therefore, the increased adoption of colocation data centers is an effective solution for large data center providers in terms of monitoring resources to meet large enterprises’ increasing data storage needs and facilitating dynamic management.

VIEW TABLE OF CONTENT LINK - https://www.inkwoodresearch.com/reports/data-center-colocation-market/#table-of-contents

Asia-Pacific to Lead the Global Market by 2028

The market in the Asia-Pacific is propelled by the shift towards extensive cloud technology usage, the rapid surge in digitization and modernization, as well as the emergence of high-end technologies such as artificial intelligence.

Regardless of operational location, the competition in the global data center colocation market is further determined by the cost of services offered and service reliability, in addition to scalability parameters. The rivalry in infrastructure is severely reliant on cost, warranty, customer retention, product innovation, reseller base, and aftermarket services.

Key companies operating in the global market are Digital Reality, Equinix, China Telecommunications Corporation, etc.

BUY NOW- https://www.inkwoodresearch.com/reports/data-center-colocation-market/

About Inkwood Research

Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

Contact Us

https://www.inkwoodresearch.com

sales@inkwoodresearch.com

1-(857) 293-0150

Related Reports:

GLOBAL HYPER-CONVERGED INFRASTRUCTURE MARKET

Labels:

Comments

Post a Comment

Popular posts from this blog

HIV and Lyme Disease to Fuel Western Blotting Market Growth

  As per Inkwood Research, the Global Western Blotting Market is expected to grow at a CAGR of 6.67% in terms of revenue over the forecasting period of 2024-2032. “Browse 72 Market Data Tables and 60 Figures spread over 235 Pages, along with an in-depth TOC on the Global Western Blotting Market Forecast 2024-2032.”   VIEW TABLE OF CONTENTS Western blotting is a laboratory technique used to detect specific proteins in a sample by separating them through gel electrophoresis and transferring them onto a membrane. It allows researchers to identify, quantify, and analyze protein expression, size, and modifications in biological samples. REQUEST FREE SAMPLE Rising HIV and Lyme Disease to Push Western Blotting Market Growth The rising incidence of HIV and Lyme disease is significantly driving the growth of the western blotting market. As a crucial diagnostic tool, western blotting enables the accurate detection of specific proteins associated with these infections, prov...
Post a Comment
Read more

Stringent Composite Disposal Regulations Fuel FRP Recycling Market Growth

  As per Inkwood Research, the Global Fiber-Reinforced Plastic (FRP) Recycling Market is set to grow at a CAGR of 8.19% in terms of revenue and 7.79% in terms of volume during the forecasting period of 2024-2032. “Browse 59 Market Data Tables and 44 Figures spread over 215 Pages, along with an in-depth TOC on the Global Fiber-Reinforced Plastic (FRP) Recycling Market Forecast 2024-2032.”   VIEW TABLE OF CONTENTS Fiber-reinforced plastic (FRP) recycling involves reclaiming and reusing materials from products made of FRP composites. REQUEST FREE SAMPLE   These composites are composed of a polymer matrix reinforced with fibers such as glass, carbon, or aramid. The goal of FRP recycling is to minimize waste and reduce environmental impact by recovering valuable materials from these products, preventing them from being discarded in landfills or incinerated. Stringent Composite Disposal Regulations Boost Global Market Growth Stringent composite disposal regul...
Post a Comment
Read more

Tech Innovations to Aid Hydrogen Fuel Cell Recycling Market Growth

  As per Inkwood Research, the Global Hydrogen Fuel Cell Recycling Market is expected to grow at a CAGR of 14.20% in terms of revenue over the forecasting period of 2024-2032. “Browse 36 Market Data Tables and 42 Figures spread over 200 Pages, along with an in-depth TOC on the Global Hydrogen Fuel Cell Recycling Market Forecast 2024-2032.”   VIEW TABLE OF CONTENTS Hydrogen fuel cell recycling is an emerging field focused on reclaiming valuable materials, such as platinum and other metals, from spent fuel cells to promote sustainability and reduce costs. REQUEST FREE SAMPLE Efficient recycling processes can significantly minimize environmental impact by recovering resources that would otherwise be lost in landfills. As the demand for hydrogen fuel cells grows in sectors like transportation and energy, developing effective recycling methods will be crucial for creating a circular economy in the hydrogen industry. Tech Advancements to Propel Hydrogen Fuel Cell Recycling Market Gr...
Post a Comment
Read more