In-depth analysis and data-driven insights on the impact of COVID-19 included in this Americas data center colocation market report.
The Americas data center colocation market is expected to grow at a CAGR of 1.7% during the period 2019−2025.
Key Highlights Offered in the Report:
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Americas Data Center Colocation Market – Segmentation
Americas Data Center Colocation Market by Electrical Infrastructure
Americas Data Center Colocation Market by Mechanical Infrastructure
Americas Data Center Colocation Market by General Construction
Americas Data Center Colocation Market by Service Type
Americas Data Center Colocation Market – Dynamics
Data center construction is increasing significantly across the Americas in recent years. These data centers, however, are mostly restricted to urban locations and significant sites such as Texas, New York, Virginia, Toronto. In Latin America, countries such as Chile, Brazil, Colombia, and Mexico are taking major initiatives in the digital transformation of various cities. In recent years, these locations have attracted high investments, and more data centers are planned for 2020 and 2021. The adoption of IoT brings wide opportunities for smart city development in the Americas. Due to the higher usage of connected devices across businesses and consumers, the concept of edge computing is gaining traction in the market. This has led to the demand for high bandwidth internet in many rural areas, thereby driving the need for data centers to process the information on par with major cities.
Key Drivers and Trends fueling Market Growth:
Americas Data Center Colocation Market – Geography
North America is among the leading markets for cloud computing, big data, and IoT technologies. Organizations in this region are currently involved in building high- performance computing data centers to continue to innovate in the field of IoT, artificial intelligence, and connected reality. Major contributors to the GDP were sectors such as e-commerce, real estate, finance, insurance, and government. The growth of the digital economy in the US is around 10% year-over-year. The US market is the largest in the world in terms of IT infrastructure spending and supports infrastructure procurement. The market witnessed new development and expansion of around 130 data center facilities, which include facilities that became operational in 2019 and expected to be operational by June 2020.
Americas Data Center Colocation Market by Geography
Major Vendors
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