LAMEA Data Center Colocation Market (2016 – 2022)

Date: 2016-11

“The competitive business environment has led the companies to cut on IT budgets which has led to identifying data centre partners, as compared to installing in house data centre facilities. Setting up an in-house data centres is a costly affair, especially or start-ups. In addition to the initial installation cost, an in-house data centre also has perennial expenses and dedicated work force to manage such a setup.
LAMEA colocation market is expected to grow at a CAGR of 16.6% during 2016–2022. The Retail segment attained a market size of $1,028.8 Million in 2015 and is expected to grow at a CAGR of 15.9% CAGR during 2016 – 2022.


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