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Asia-Pacific Data Center Colocation Market 2018-2023: Market is Projected to Witness Investments Worth Around $10 BillionDUBLIN, Oct. 11, 2018 /PRNewswire/ -- The "Data Center Colocation Market in APAC - Industry Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. The APAC data center colocation market is projected to witness investments worth around $10 billion by 2023, growing at a CAGR of more than 12% during 2017-2023. The research report offers market size analysis regarding colocation services during the forecast period. The BFSI, cloud service providers, media and entertainment, and government agencies are among the largest customers for colocation providers in the APAC market. In 2017, the APAC market witnessed over 80 new colocation facilities and expansion projects that opened or were under construction. Top vendors such as Equinix, Digital Realty, Switch, NTT, ST Telemedia, VADS BERHAD, PLDT, Cyfuture, Pi DATACENTERS, Colt, GDS Services, NextDC, and Global Switch are the largest investors in the market.The APAC data center colocation market is driven bythe entry of multiple SaaS providers collocating wholesale spaces in the region. Cloud and internet service providers such as AWS, Microsoft, Google, Baidu, Alibaba, and Tencent are investing in the development of edge facilities in the APAC data center colocation market. The market research report provides in-depth market analysis and segmental analysis of the APAC data center colocation market by investment, service type, and geography. The report considers the present scenario of the APAC data center colocation market and its market dynamics for the period 2018-2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the APAC data center colocation market. Data Center Colocation Market in APAC- Dynamics Data Center Colocation Market in APAC- Segmentation This market research report includes a detailed segmentation of the market by investment, service type, and geography. Electrical infrastructure segment dominated majority of the market share in 2017, growing at a CAGR of over 12% during the forecast period. The market research report offers market share analysis of this segment by power capacity (MW) and square feet area during 2017-2023. The data center colocation market in APAC by mechanical infrastructure to grow at a CAGR of around 13% during the forecast period.The modular installation of containment systems has helped operators to deploy infrastructure faster as the demand for additional data hallsis growing. The retail colocation segment occupied more than half of the market share in 2017, growing at a CAGR of more than 9% during the forecast period. The growing adoption of in-house pre-fabricated datacenter solutionsby enterprises and government agencies likely to affect the APAC data center colocation market.The adoption of wholesale colocation services is growing especially in the APAC market led by growing demand for cloud-based services, IoT and big data center.The wholesale colocation transaction can extend up to 15 years, while as retail colocation lease can run for three years. This is one of the reasonswhy wholesale colocation is cheaper than retail colocation services. The APAC data center colocation market by geography is categorized into China & Hong Kong, Australia & New Zealand, Southeast Asia, & Rest of APAC. China & Hong Kong dominated more than 1/3rd of the total market share in 2017, growing at a CAGR of about 17% during the forecast period. Hong Kong is one of the main emerging hubs in the region with a facilities development area of around one million square feet YOY.The market in Australia is driven by the strong demand for cloud computing across industries. It is expected that over 90% of the SMEs in the country will operate through cloud computing and over 80% of medium- and large-sized data centers will be outsourcing their data center operations by 2023. Key Topics Covered:
24 Other Prominent Vendors
For more information about this report visit https://www.researchandmarkets.com/research/lbtv43/asiapacific_data?w=5 Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager. Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/asia-pacific-data-center-colocation-market-2018-2023-market-is-projected-to-witness-investments-worth-around-10-billion-300729602.html SOURCE Research and Markets |