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Americas Data Center Colocation Market 2019-2024 - Cloud Connectivity & Hybrid Infrastructure Services Drive Colocation MarketDUBLIN, Dec. 9, 2019 /PRNewswire/ -- The "Data Center Colocation Market in Americas - Industry Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The Americas data center colocation services market is expected to grow at a CAGR of over 8% during the period 2018-2024 The increased merger and acquisition activities in the Canadian market and the investment in over 10 MW colocation facility development in Latin America are expected to have a positive effect on the Americas data center colocation market growth. Leading colocation markets in the US are experiencing 100% uptake in their colocation operations. It is expected that more than 85% of colocation facilities in the US will be cloud-enabled at the end of the forecast period. Several organizations in Canada and Latin America are expected to shift to cloud-based service offerings, thereby increasing the demand for wholesale colocation. Hence, the rise in hybrid infrastructure services is projected to drive the Americas data center market. Americas Data Center Colocation Market: Segmentation The US data center colocation market has witnessed increased adoption of UPS power systems. Service providers are adopting UPS systems with lithium-ion batteries in N+1 and 2N configurations. Generators, transfer switches, and switchgears are also witnessing high acceptance in the US market. The diesel generator segment is also expected to grow in the next few years. However, the gas and bi-fuel generator segment is likely to witness steady growth due to the growing awareness of carbon emissions, especially in the US. DRUPS systems are expected to witness adoption in the US facilities during the forecast period. The adoption of switchgears is likely to grow because of the increased construction of large and mega facilities that require medium- and high-voltage switchgears. The retail colocation market is likely to be driven by the increased demand for services from organizations, especially in Latin America. Retail services are highly suitable for those operators that require small computing services at a single site or multiple locations in the region. However, several existing retail service users are expected to opt for wholesale colocation capacities during the forecast period. The adoption of wholesale colocation services is growing significantly in the US and Canada due to the increased demand for computing capacities from global enterprises, cloud providers, big data, and IoT organizations. With the increase in demand for cloud solutions among leading cloud service providers, the need for wholesale facility space is growing. The Latin America market is likely to witness the growth of wholesale services during the forecast period. Insights by Geography Key Vendor Analysis In terms of investment, the Americas market is led by Digital Realty with newly built projects in the US and Canada. Vantage Data Centers invested around $360 million in Ashburn and Santa Clara facilities. In Latin America, Brazil witnessed increased development of facilities by Ascenty and Equinix. These service providers are investing in the expansion of Brazil's facility with an investment of around $50 million Year on Year. Equinix is investing in the expansion of the Sao Paulo facility with an investment of about $47 million. In 2018, Ascenty and Equinix were the largest investors in Brazil. The investment is expected to grow in Latin America during the forecast period with Ascenty planning to invest in other countries and telecommunication providers such as Telefonica and Entel aiming for facility expansion. In 2018, Digital Realty and Brookefield Infrastructure acquired Ascenty. Digital Realty expanded its presence in Canada by investing in Toronto, Canada, and in Virginia, Texas, Illinois, New York, California, and Florida, US. Digital Realty and Equinix are leading operators in the region. Market Dynamics Market Growth Enablers
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For more information about this report visit https://www.researchandmarkets.com/r/uuj4tg Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/americas-data-center-colocation-market-2019-2024---cloud-connectivity--hybrid-infrastructure-services-drive-colocation-market-300971253.html SOURCE Research and Markets |