Thanks to the trend of undergoing startups and growing business in “Saas” or Software as a Service, the global companies demand more and more collocation service, which is the key factor contributing to this market growth is the increasing need to reduce capital and operational expenses, according to research, global Colocation Market will grow at a CAGR of 11.7 % over the period 2016-2020.

Geographically, the North America has emerged as the most promising region, exhibiting a huge demand for colocation by adoption in the sectors of banking, telecom and IT sector in order to manage their dedicated data servers. In 2014, the market for colocation in North America was valued at 11 $billion and would continue to consolidate its market position during the period 2015-2020. Key factors such as shrinking IT budgets and the high cost associated with the development of dedicated data centers would largely drive the market by 2020.

In the business sectors, the energy sector is expected to grow at highest CAGR of 16.8% during the forecast period 2016-2020.

Colocation services are broadly segmented into two types: retail colocation and wholesale colocation. High demand of capacity requirement ranging from 100KW to 500KW power are driving the market for retail collocation. Currently, the segment of retail colocation acquires a larger share in the Colocation market. In 2014, the retail colocation market accounted for approximately 2/3rd of the total market share.

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Joanna | Executive – International Business and partner Relations
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