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The global data center colocation market is expected to grow from $47.02 billion in 2021 to $56.36 billion in 2022 at a compound annual growth rate (CAGR) of 19.9%. But much of this growth is driven by the cloud.
The growth of the field can probably be best illustrated by the example of a recent acquisition.
According to recent statistics, BYOD market size is expected to reach $366.95 billion by 2022. BYOD or the philosophy of employees bringing their own device to the workplace and the need for mobility have become so pervasive that 87% of businesses are now dependent on their employee’s ability to access mobile business apps from their smartphone
