IT Demands Spur Continued Growth for Colocation Centers

With no end in sight for industries’ demands for big data, the Internet of Things (IoT), and mobile applications, companies are constantly faced with the challenge to scale IT capacity — and quickly.

That’s what seems to be driving continued growth for the colocation market — which has grown 11 percent since 2015. That growth rate is projected to continue for the next two years, according to 451 Research’s Datacenter Market Sizing Forecast Model.

Should you choose to outsource to a colocation data center to meet increasing demands for capacity and flexibility,