|[May 10, 2012]
Research and Markets: Global Colocation Market 2011-2015 - The Global Colocation Market to Grow At A CAGR Of 15.57 Percent over the Period 2011-2015
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/lntjgl/global_colocation)
has announced the addition of the "Global
Colocation Market 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the
increasing need to reduce capital and operational expenses. The Global
Colocation market has also been witnessing the decreasing price of
colocation services. However, increasing concern about data privacy and
security could pose a challenge to the growth of this market.
Key vendors dominating this market space include Equinix (News - Alert) Inc., Digital
Realty Trust, Savvis Inc. Level 3 Communications Inc., and Terremark
Commenting on the report, an analyst from TechNavio's Data Centers team
said; One of the major trends in the Global Colocation market is the
reducing price of colocation services. As a result of the entry of
several players into the market, vendors are reducing the price of
colocation services to remain competitive in the market. There is a
considerable decrease in the price of colocation with many cloud-based
service providers entering the market. Therefore, to remain competitive
in the market, vendors are reducing the price of colocation services.
According to the report, an increasing number of compliances and
regulations from the regulatory authorities has led to higher adoption
of colocation services by organizations. Moreover, concerns regarding
the security, privacy, and availability of data are increasing
considerably. In addition, organizations are incorporating additional
equipment into their network to meet the business requirements, which is
increasing the power requirements of data centers. Hence, organizations
are adopting data center colocation to meet the regulatory requirements
and establish complete compliance.
Further, the report also discusses that the inability of colocation
vendors to provide reliable back-up and disaster recovery solutions is
hindering the Global Colocation market.
For more information visit http://www.researchandmarkets.com/research/lntjgl/global_colocation
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