The global multi-tenant data center market is anticipated to gain traction with the help of certain factors such as benefits related to decrease in operation expenses and capital investment. Development of data center facilities is witnessing a rise on the back of increasing focus of enterprises on operational expansion across the world. This could put a positive impact on the market as data center colocation wins preference of enterprises persuaded by development and operation of data centers leading to high capital expenditure. Managed colocation services offered by colocation vendors allow organizations to rent infrastructure, which is also managed by the vendors. Besides these, they offer continual maintenance and services support.
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The world multi-tenant data center market is foreseen to attain demand with application of software-defined data centers (SDDCs). Deployment of SDDCs is observed to be largely considered by enterprises involved in the adoption of cloud-based infrastructure as they concentrate on achieving improved control over business-critical operations. It could enable workload delivery using the cloud and also assist enterprises to decrease costs and improve efficiency. SDDCs are said to support legacy applications as well as cloud computing services. Industry professionals would know that intelligent software systems are used to manage hardware infrastructure in SDDCs.
As per a latest research, North America could bank on positives of the international multi-tenant data center market to collect a king’s share in terms of revenue. Growth prospects of the market in this region are envisaged to increase while riding on rising demand for managed and colocation services. The demand could be particularly observed in South American countries and Canada. Another factor that could be taken into account is the presence of a significant count of data centers in the U.S. The report is also expected to bring to light market growth in other regions such as Europe and Asia Pacific.
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According to market analysts, there could be scores of small-scale data center colocation service providers active in the international multi-tenant data center market. However, the multi-tenant data center market is forecasted to testify a restricted count of large-scale operators. Level of market competition could intensify with rising count of colocation centers. Enterprises that have a hard time in managing in-house data center facilities are offered outsourcing services by the vendors. Some of the popular names of the market are Rackspace, NTT Communications, Global Switch, Equinix, Digital Realty, and CenturyLink.