1. Latest News
  2. Submit Press Release
Technavio Logo

Virtualization Process to Accelerate the Retail Colocation Market in the US: TechNavio Report

The Retail Colocation Market in the US is expected to witness growth of 17.44 percent during the forecast period of 2013-2018.

 
PRLog - Aug. 7, 2014 - TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Retail Colocation Market in the US 2014-2018. Increased adoption of virtualized computing solutions is one of the major trends in the market as virtualization enables high productivity in the existing computing infrastructure. The limited capital spending capability of small and medium enterprises is leading to a higher adoption of colocation services from retail colocation vendors.

Colocation services refer to the outsourcing of the data center and networking layer to third-party vendors. Retail colocation is a setup where an enterprise and end-user rent out part of the data center to meet their computing requirements. A data center is hosted by a single vendor but multiple end-users can gain access to the services offered. Retail colocation service providers offer a dedicated computing resource that can meet the computing requirements of enterprises. The colocation service provider also maintains continuous computing support to enterprises, which is a major advantage of colocation services.

“The rising costs of enterprise data center management, as a result of the increasing complexity of the network infrastructure, is one of the major driving factors for the growth of retail colocation services in the US,” says Faisal Ghaus, Vice President of TechNavio Research.

“Colocation service providers have established data center facilities in order to offer services to enterprises and end-users at lower costs compared to internal hosting of data center services.”
Virtualized Computing Infrastructure
With the increased demand for high-performance computing infrastructure and a focus on the productivity of the existing computing infrastructure, there has been an impressive adoption of virtualization and virtualized computing infrastructure. Virtualized computing solutions have enabled enterprises to reduce their operational costs considerably.

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Media Contact
Technavio
***@technavio.com

--- End ---

Click to Share

Contact Email:
***@technavio.com
Source:Technavio
Location:London, Greater - United Kingdom
Industry:Business, Software
Tags:Retail Colocation, outsourcing data
Shortcut:prlog.org/12357006
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



Like PRLog?
9K2K1K
Click to Share