The [FURL=https://www.industryarc.com/Report/1251/colocation-managed-hosting-market-analysis-report.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Global market for Colocation and Managed Hosting[/FURL] is forecast to reach $625.8 million by 2026, growing at a CAGR of 12.2% from 2021 to 2026. The market growth is attributed to the factors such as growing data centres, technological developments, growing expenditure through regulated cloud providers and colocation networks and others. Moreover, rising adoption of IOT devices, edge computing and others boosts the market growth.Key Takeaways
In developing countries construction of IT infrastructure is driving the sector. Increasing development of hyper scale facilities with a production capability of more than 50 MW would intensify the need for advanced business infrastructure globally in developing countries over the next few years.
APAC region is anticipated to dominate the global Colocation and Managed Hosting market in the forecast period 2021-2026 owing to growing digitization, technological developments, strategic collaborations and others.
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Colocation and Managed Hosting Market Segment Analysis – By Geography
APAC region is anticipated to have the significant market growth at 14.7% during the forecast period 2021-2026. The market growth is owing to growing digitization, industrialisation technological developments, growing data centres and others. Moreover growing IT & Telecom segment is dominating the Colocation and Managed Hosting market. This is due to the increasing digitalisation and introduction of technologies such as big data and cloud in this field. Such developments pose a high challenge to data storage and availability.
Colocation and Managed Hosting Market Drivers
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Colocation and Managed Hosting Market Landscape
Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Colocation and Managed Hosting market. As of 2019, the market for Colocation and Managed Hosting market is consolidated with the top players including Equinix, Inc., Rackspace, Interxion Holding NV, CenturyLink Technology Solutions, Navisite, Inc., Verizon Communication Ltd, NTT Data Corporation, Global Switch Corporation, KDDI Corporation, Digital Reality and among others.
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