Global Multi-tenant Data Center Market 2017-2021

Overview of the global multi-tenant data center market

According to Technavio’s research analysis on the global multi-tenant data center market, benefits such as the reduction in capital investment and operational expenditure will be one of the major factors that will have a positive impact on this market’s growth till 2021. With enterprises across the globe focusing on expanding their operations across the globe, there is an increase in the construction of data center facilities. The construction and operation of data centers will lead to high capital expenditure and this will induce companies to prefer data center colocation. In addition to offering uninterrupted services and maintenance support, colocation vendors also provide managed colocation services which enables enterprises to rent infrastructure managed by the vendors. This will in turn, help organizations reduce their operational expenditure and improve productivity and operational performance. Owing to such benefits, the need for multi-tenant data centers will increase during the forecast period and our market research analysts predict that this market will grow at a CAGR of more than 11% by 2021.

The hardware infrastructure in SDDCs is managed through intelligent software systems and these data centers support both cloud computing services and legacy applications. The implementation of SDDCs helps organizations improve efficiency and reduce costs and also enables the delivery of workloads through the cloud. With the focus to achieve better control over business-critical operations, enterprises adopting cloud-based infrastructure are greatly considering the establishment of SDDCs. According to our industry research analysts, the adoption of software-defined data centers (SDDCs) is one of the major trends that will gain traction in the multi-tenant data center market during the next few years.

Competitive landscape and key vendors