Press Release
Press Release
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
According to a new report by EMR titled, ‘Global Data Centre Outsourcing Market Report and Forecast 2021-2026’, the global market for data centre outsourcing stood at a value of around USD 149.2 billion in 2020. The market is further projected to grow at a CAGR of 5.1% between 2021 and 2026 to attain USD 201.1 billion by 2026.
The global data centre outsourcing industry is supported by the growing global co-location market. The growth of the co-location industry can be attributed to the growing demand to reduce IT infrastructure expenditure, enhance security services, and the rising need for more space to support data centres. North America and Europe are the mature markets for data centre outsourcing industry, while the Asia Pacific and Latin America are the emerging markets for the product. The industry in North America is being driven by the availability of advanced technological resources in the region. In the Asia Pacific, the growing adoption of cloud-based technology, with the rising consumer awareness and the growing urbanisation, are supporting the industry in the region.
With the rising cases of data theft, and the increasing rate of cybercrimes, the demand to secure data has increased, leading manufacturers to adopt enhanced services. In November 2020, Equinix, Inc. (NASDAQ: EQIX), a key player in the market, announced that Zoom Video Communications, Inc. will adopt Platform Equinix® to achieve consistency, scalability, and security, and expand its globally distributed footprint, supporting its worldwide growth objectives. Earlier in November, the company announced that it had achieved Binding Corporate Rules (BCRs) compliance for safeguarding personal data transfers from Europe, becoming the first company to have its BCRs approved by the European Data Protection Board (EDPB) under the new GDPR regime, thus, expanding its market. Such developments are expected to aid the growth of the global data centre outsourcing industry over the forecast period.
Market Breakup by Service, Segment, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global data centre outsourcing market are Equinix, Inc., RACKSPACE US, INC., IBM Corporation, Fidelity National Information Services, Inc, CenturyLink, and NTT Communications Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Contact Us:
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.