Global Multi-tenant Data Center Market to Grow 11.36 percent by 2021

One trend in the market is growing popularity of green data centers

The "Global Multi-tenant Data Center Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global multi-tenant data center market to grow at a CAGR of 11.36 percent during the period 2017-2021.

The report, Global Multi-tenant Data Center Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in the market is growing popularity of green data centers. The consumption of electricity and increase in carbon emission by data centers globally is creating awareness among enterprises of green data center facilities. These facilities help in the operation of energy-efficient power, IT, and cooling infrastructure with low carbon footprint and electricity consumption.

According to the report, one driver in the market is reduction in capital and operational expenditure. Business operational demands are growing among enterprises worldwide, which has led to an increase in data center construction activities. The high capital expenditure can be attributed to the construction and operation of data centers. With the inception of colocation and managed services, enterprises that do not require data centers can collocate space and infrastructure, which is either managed or unmanaged.

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