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Global Data Center Colocation Market is expected to reach US$ 85.12 Bn by 2024 from US$ 31.56 Bn in 2016 at a CAGR of 15.23%.
The report of data center colocation market based on type, end-user, industry, and region. In terms of type, the data center colocation market is divided into retail colocation and wholesale colocation. Based on end-user, the data center colocation market is classified into large enterprises and small & medium industries. On the basis of industry, the data center colocation market is categorized into banking, financial services, and insurance (BFSI), government and defense,IT and telecom, healthcare, research and academics, energy, retail, manufacturing, and others.
Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Growing awareness towards reduction of carbon footprints is a key factor driving the data center colocation market and have a major impact on the colocation market size. Data center colocation decreases the requirement for funds investments associated with the development of data centers. It additionally brings down the operational expenses. The rised demand for efficient data centers with least environmental effect has helped in the improvement of various standards, metrics, and certifications for data center conditions. Increase in emission of carbon compounds and developing utilization of energy by data centers over the globe are impelling the development of green data center offices. These offices aid the activity of energy proficient power, IT, and cooling system.
Global Data Center Colocation Market, by Type:
• Retail Colocation • Wholesale Colocation
Global Data Center Colocation Market, by End-user:
• Large Enterprises • Small & Medium Industries
Global Data Center Colocation Market, by Industry:
• Banking, Financial Services, and Insurance (BFSI) • Government and defense • IT and telecom • Healthcare • Research and academics • Energy • Retail • Manufacturing • Others
Global Data Center Colocation Market, by Geography:
• North America • Europe • Asia Pacific • Middle East & Africa • Latin Americ
About Company: Maximize Market Research offers high quality market research reports, publishing around 1000 studies annually. These reports are custom made for a host of industries, providing in-depth market analysis and forecast, investigating significant business trends and highlighting and identifying possible development opportunities across the entire value chain. Teams of experienced and consummate research professionals constantly track important industries, recognizing key developments, potential growth opportunities and unmet needs. Our research reports are aimed to provide an in depth understanding of the business environment, breaking down the market in a systematic process to highlight focus areas for clients.
More Information About Company: https://www.maximizemarketresearch.com/market-report/global-data-center-colocation-market/6983/
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