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.
The report highlights the adoption of Data Center Colocation Market in LAMEA region. Based on the type, the Data Center Colocation market is segmented into Retail and Wholesale Data Center Colocation Market. Based on the End User, the market is segmented across Large Enterprises and Small & Medium Businesses. Further, the application of the Data Center Colocation technology is studied across BFSI, Government and Public Sector, Telecom & IT, Healthcare & Lifesciences, Energy and other verticals. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
Key Players profiled in the report include ABB Group, Adept Technology Inc, Yaskawa Electric Corporation, Fanuc Corporation, KUKA AG, iRobot Corporation, Intuitive Surgical, Inc, Honda Motor Co., Ltd. and Yamaha Corporation.