Research and Markets (http://www.researchandmarkets.com/research/3ftnt4/data_center) has announced the addition of the "Data Center Colocation Services Market in North America 2012-2016" report to their offering.

The analysts forecast the Data Center Colocation Services market in North America to grow at a CAGR of 13.36 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need to reduce capital and operational expenses. The market in North America has also been witnessing decreasing prices of colocation services. However, growing concerns on data security could pose a challenge to the growth of this market.

The key vendors dominating this market space include AT&T Inc., Equinix Inc., Savvis Inc., and Verizon Communications Inc.

The other vendors mentioned in this report are Abovenet Inc., Cervalis LLC., Cogent HMG Inc., CoreSite Realty Corp., Digital Realty Trust Inc., Dupont Fabros Technology, Global Switch Holdings Ltd., Internap Network Services, Interxion Holding NV, Level3 Communications Inc., Rackspace Inc., TeleCity Group plc. and TeleHouse America Corp.

Commenting on the report, an analyst from the Data Center team said: One of the major trends in the Data Center Colocation Services market in North America is the decreasing prices of colocation services across the region. With an increasing number of colocation vendors entering the market and providing colocation services to enterprises, there is increasing competition being witnessed among vendors. Increasing price competition is leading to decreasing prices and more services being provided to customers. Further, due to the increasing demand for colocation services from enterprises, colocation vendors are trying to gain market share and lead the market through offering unique features and more services.

According to the report, one of the major drivers in the market is the increasing need to reduce capital and operational expenses in data center facilities. Enterprises are experiencing increasing expenditure on data center facilities. To control the costs associated with data centers, enterprises are opting for colocation services which are comparatively cheaper compared to the internal hosting of data center services.

For more information visit http://www.researchandmarkets.com/research/3ftnt4/data_center

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