Colocation And Managed Hosting Market 2023: The Rising Adoption Of IOT Devices, Edge Computing, And Others

According to Precision Business Insights (PBI), the latest report, the market value of the colocation and managed hosting (cmh) market size was valued at USD 623.6 million in 2022, growing at a 9.8% CAGR during the forecast period 2023 to 2029. The primary factors that drive the market are the growing demand for cybersecurity technologies in an organization, rising data and managed-to host, and increasing demand for third-party data security technologies.

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The colocation and managed hosting (cmh) market is segmented based on, type, end-user, and region.
Based on the type, the market is segmented into the following:
• Network Connectivity
• Physical and Electronic Security
• Software Services
• Power Distribution

Based on the end-user, the market is segmented into the following:
• IT & Telecommunication
• Healthcare
• Research and Development
• Media and Entertainment

Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Software Services to Dominate the Colocation and Managed Hosting (CMH) Market:
Based on type, end-to-end encryption software holds the highest market share. The major factor for the rise of this segment is the increase in data security awareness in the market, with every organization developing its own hosting and colocation area to provide full security to their organization's data and protect data from cyber thieves. End-to-end encryption software services are a real solution as a company service to provide cybersecurity of their data. These factors can drive the Colocation and Managed Hosting (CMH) Market growth.

Asia Pacific Colocation and Managed Hosting (CMH) Market:
Asia Pacific region is expected to grow significantly in the Colocation and Managed Hosting (CMH) Market size over the forecast period. Cyber hacking and cyber robbery are seen among organizations in Asian nations. China, Japan, and India are the emerging market for the managed hosting market, governments are investing in increasing cyber security in the region, and organizations are also adopting new technologies towards colocation areas, to provide a safe and secure place for their data.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The Colocation and Managed Hosting (CMH) Market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In September 2022, SiteGround launched a new managed Easy Digital Downloads (EDD) hosting product, it is the first of its kind among WordPress hosts. The company currently powers more than 2,800,000 domains and is targeting small businesses and digital product creators with new plans that make it easy to onboard new EDD store owners. In May 2022, Transaction Network Services (TNS) has launched its popular Managed Hosting and Colocation offering in Madrid, which is set to benefit financial market participants looking to access Spain's principal stock exchange, Bolsas y Mercados Españoles (BME).

Key players' profiles in the colocation and managed hosting (cmh) market report are SiteGround, TNS Inc., IBM, Telecity Groups, Telehouse, NTT, Rackspace, Digital Reality Trust, Terremark, Sabey Corp, Equinix, Deutsche Telekom, Colt, Level3 Communications, Savvis Inc, Windstream, and Cyrusone

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