Report: 15% Growth Forecast For North America Colocation Market In 2014
Almost a quarter of all data center footprint in the North America region is now outsourced.
A new report released by DCD Intelligence identifies that almost a quarter of all data center footprint in the North America region is now outsourced. Covering the U.S. and Canada, the North America Data Center Key Trends Report 2013-2014 estimates that the current amount invested in data center outsourcing & colocation has increased by 13% over the past 12 months and is now in the region of $8.8 bn. A further increase of 15% is predicted by the end of 2014.
According to Nicola Hayes, managing director of DCD Intelligence, growth in the use of colocation across the region is being fuelled by the increase in IT capacity requirements as well as reduced budgets and the need to access new technologies. Hayes states, “The sectors that are the highest users of colocation services are currently public administration, IT services and financial services but we are witnessing an increase in the uptake of outsourced data center solutions across all industry verticals, this demand is fuelling further growth in the colocation sector in terms of build and this section of the market is expected to continue to show healthy growth through 2014.”