2014-01-23 18:22:04 - Colocation and Managed Hosting Services Market in Europe 2012-2016 - a new market research report on companiesandmarkets.com
The Europe Managed Hosting Services market is to grow at a CAGR of 16.35 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing complexity of network infrastructure. The Colocation and Managed Hosting Services market in Europe has also been witnessing an increasing adoption of virtualized infrastructure. However, growing concerns of enterprise data security could pose a challenge to the growth of this market.
The rising costs of maintenance of data center equipment and the need for higher productivity of the equipment is leading to the growing adoption of virtualized data center equipment and solutions. A virtualized infrastructure is easier to maintain and can be scaled dynamically based on the changing needs of
the enterprise. A virtualized infrastructure also facilitates the easier and remote controlling of the infrastructure. With the adoption of a virtualized infrastructure, multiple instances of the same equipment can be executed on the physical equipment which increases the productivity of the infrastructure as a whole. A virtualized infrastructure reduces the operational costs associated with the data center infrastructure.
With the increasing complexity of network infrastructures and the rapid developments in technology being witnessed, enterprises are finding it difficult to manage their own infrastructure which is leading to the higher adoption of third-party managed hosting services.
One of the major challenges being faced is the concern regarding the security of the data being stored in the network and being transmitted. Enterprises are concerned about the data being exposed to third-party vendors and competitors.
The key vendors dominating this space include AT&T Inc., Digital Realty Trust, Equinix Inc., Level 3 Communications Inc., Rackspace Inc., Savvis Inc., and Verizon Communications Inc.
The other vendors mentioned include Abovenet, BT Global Services, Cervalis, Cogent, Computer Science Corp., CoreSite Realty Corp., Datapipe, Dupont Fabros Technology, Global Switch Holdings Ltd., GoGrid, Hosting.com, IBM Corp., Internap, Interxion Holding, NaviSite, Sabey Corp., Sungard Availability Services, Telecity Group, and TeleHouse.
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