[April 24, 2015]

Research and Markets: Colocation Services in Russia and the CIS Region 2015

Research and Markets (http://www.researchandmarkets.com/research/84pwpn/colocation) has announced the addition of the "Colocation Services in Russia and the CIS Region" report to their offering.

The IMF projection for CIS countries' overall GDP growth is 2.3% in 2014 and 3.1% in 2015

Data center construction remains active across the region, especially in the business hotspots of Russia (Moscow and St. Petersburg), Kazakhstan and Belarus. Research for this report identified expansion plans in all the main cities and countries covered, although market development in Ukraine has been subduedbecause of the conflicts in the Crimea and Donbas regions.

Because of sustained economic growth across the CIS region, colocation demand remained high throughout the 2009-2011 global financial crises and has continued despite the economic uncertainty brought on by Western sanctions against Russia in 2014. The region can be divided into two categories, depending on the source of growth. Countries where economic growth is largely underpinned by extraction and the exporting of oil and gas reserves (Kazakhstan, Azerbaijan, Turkmenistan and Uzbekistan) have showed a stable rate of development, with real GDP growth of between 6% and 10% in 2013-14.

The Russian economy stagnated in 2014, and Ukraine experienced a de facto recession, but the Ukrainian setback has given infrastructure owners a strong business case for offering colocation and cloud services. In 2014, leading Ukrainian colocation providers managed to show substantial organic growth through their existing customer bases and benefited from corporate policies to cut capex budgets (the construction of new data centers) at the expense of increasing opex (increasing outsourcing). Other CIS countries that, like Ukraine, are net oil and gas importers showed real GDP growth of 3-5% (Armenia, Georgia) to 7-10% (Tajikistan, Kyrgyzstan).

For more information visit http://www.researchandmarkets.com/research/84pwpn/colocation

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