Report: There Will Be 45.4 Billion Internet Connectable Devices In 2021
What does this mean for the future of colocations?
IHS Markit forecast internet connectable devices to grow from 27.5 billion in 2017 to 45.4 billion in 2021; a 65% increase in just four years. What does this mean for the colocation market? Well first, it’s certainly a positive driver for colocation revenue growth; however, it’s not the 1:1 ratio many industry enthusiasts once thought. Second, it’s giving colocation service providers a new opportunity to assist with the aggregation and connectivity of new end-points and data sources.