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The colocation market has gained major importance due to the explosion of internet-based services and cloud based networking services. The colocation service includes power, cooling and physical security for the server, storage, and networking equipment and allowing enterprises to connect to a network service provider of their choice. The enterprises are continuously trying to run data centers in an efficient and cost-effective ways.

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In recent times, data centers have been integrated with high-performance computing tools. These tools utilize less power and work efficiently. The data center industry is growing due to the demand for the wholesale colocation market. The drivers of this market include the need to reduce operational expenditure, minimize capital expenditure, increase productivity, and meet the changing requirement of the user.

High-density computing equipment is being integrated with the data center market, which enhances the opportunity for the growth of the wholesale colocation market. Wholesale colocation services are the availed when there is a requirement for bulk storage.

The global wholesale colocation market in 2014 has been estimated at $4.45 billion. This market is expected to reach $8.95 billion by 2019, at a CAGR of 15.00% from 2014 to 2019.

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Major players in the global wholesale colocation market are Cannon Technologies, Compass Datacenters, Dell, Equinix Inc., Elliptical Mobile Solutions, Emerson Electric Company, Hewlett-Packard, IBM IT Services, and Modular Network Solutions Ltd.

The MicroMarketMonitor report provides global market trends, overall adoption scenarios, competitive landscape, key drivers, trends, restraints, and opportunities in this market. The report aims to estimate the current market size and the future growth potential across different verticals and areas.

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