Colocation Market Worldwide to Bring $36 Billion in Revenue by 2017

Digital Marketing Agency, A report by industry analysts 451 Research suggests that the worldwide colocation market will bring $36.1 billion in annual revenues by the end of 2017.

That’s a significant rise from $22.8 billion in revenues projected for this year – of which 78 percent belongs to small local players. Kelly Morgan, research director for North American Data Centers, noted: “This remains an extremely fragmented industry.”

He added: “The majority of colocation facilities are provided by local operators with only one to three facilities each. However, it is becoming harder for them to compete with the more geographically diverse providers that are now entering many local markets. We will see continued consolidation in this sector.”