Growing Demand from SMEs is a Key Trend in the Colocation and Managed Hosting Services Market in North America

Reportstack has announced a new market research publication on Colocation and Managed Hosting Services Market in North America which finds growing demand from SMEs is a key trend affecting this market. The analysis is for the forecast period 2014-2018.

As per research analysis, SMEs have a limited budget for their operations and are always in search of services that can reduce their capital and operational expenditure. Colocation and managed hosting services are a boon to SMEs and help in reducing their burden considerably. In addition, usage of virtualized infrastructure and experienced personnel to manage the network dynamics are leading to reliable and efficient services for enterprises. Moreover, the market is witnessing the development of standardized pre-configured systems, which ease the provisioning of data centers and managing the enterprises' networks. Further, these pre-configured systems have in-built management software, which provides centralized monitoring and network management.

With growing adoption of cloud computing and cloud-based services by enterprises, the market in North America will be growing moderately at a CAGR of 13.59 percent during the forecast period 2014-2018.

To determine the scenario for these vendors in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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