Thursday, 16 July 2015
Global Colocation Industry To Be Dominated By Retail And Wholesale Hosting Solution
The growing demand for Cloud technology drives the world colocation market today. According to an article published in the “Data Center Knowledge “the colocation segment is undergoing consolidation with various active participants considering collaboration, acquisitions and mergers. Furthermore, a study conducted by IMS Research firm, the aforesaid market in North America was valued at $ 6.5 billion in 2012. In addition IMS’s research indicates that the colocation industry would increase by $10 billion by the end of 2017. This growth would be visible in both retail as well as wholesale colocation data center services, and shows a strong foothold in the demand for multi-tenant space. In a discussion held at the “Data Center World “, the associate director at IMS Associate, Jason dePreaux explained that the wholesale colocation represented $2 billion of the total in 2012. Jason added that the retailcolocation accounted for the remaining $4.5 billion the same year. “Fierce Telecom” reveals that global retail colocation proceeds are growing annually 10percent, with China contributing over double the global average. Apart from this countries such as United Kingdom, Netherlands and Germany expanding over average rates.