The other meaning of escrow refers to an escrow account, which is used by mortgage lenders. Escrow accounts hold money for property taxes and homeowners insurance, which the lender pays on your behalf.
Equinix, one of the largest colocation data center providers in the world , maintains Virginia data center space in Ashburn and Vienna. These colocation centers have connections to 200+ network service providers, 10 buildings, and roughly 478,000+ square feet of colocation space.
The Data Center Colocation market is estimated to grow from $16.65 billion in 2014 to $49.57 billion in 2019, at an estimated CAGR of 17.6% from 2014 to 2019.The telecom and IT vertical will be the largest adopter of colocation services.olocation refers to the leasing of rack space, and possibly equipment, from a colocation provider. There has been a rising inclination towards colocation services recently, both retail as well as wholesale services, across every industry vertical.