Continued digital transformation within the global business community is placing a premium on every organization’s access to their most important asset – their data. Because of this, data center strategies are evolving and new tactics are being used by businesses to ensure data is fully accessible across the distributed enterprise. Plus, new applications like the Internet of Things (IoT) and artificial intelligence (AI) are driving the creation of significant new data stores from geographically-dispersed and a variety of disparate data sources.
Colocation is a strategy many companies are turning to due to its reliability, performance, security, scalability and reduced maintenance, not to mention the significant cost and space savings it provides. A recent market report conducted by Industry Data Analytics on the Global Data Center Colocation Market shows the popularity colocation strategies have enjoyed in recent years is not only going to continue, but accelerate in years to come.
In 2017, the global data center colocation market was valued at USD $25.52B, according to the report, no small sum. But, from 2018-2023, that number is expected to grow at a CAGR of 10.85 percent, and reach a staggering USD $47.34B.
Interestingly, healthcare is the fastest growing colocation adopter among industries, as companies face significant pressure to reduce costs and deliver full regulatory compliance and efficient solutions, while generating excessive amounts of data that must be safeguarded and operationalized. Data center colocation provides the most efficient means to meeting these data demands and will continue to be widely adopted throughout the industry.
Here at Markley, we pride ourselves on providing the most reliable, affordable and advanced colocation services in the industry. Our facilities offer customizable suite and cage designs for housing IT infrastructure, all protected by state of the art, uninterruptible power and backup systems. We provide access to vast connectivity resources with little to no upfront costs, and our facilities support high-density applications, along with providing dark fiber availability and tailored security features.
To learn more about our colocation services, please visit: www.markleygroup.com/services/colocation