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Equinix (EQIX) Picked by for Global Gaming Platform

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Amid an uptick in gaming activity, has chosen Equinix Inc. (EQIX - Free Report) to support its global gaming platform. The deal reflects the rising demand for Equinix's reliable and powerful interconnection services.

The gaming market is witnessing robust growth and is likely to increase from $ 42.2 billion in 2020 to $ 46.7 billion in 2025. To cater to the need of high speed connectivity and utmost security of the gamers, has moved its gaming platform to Platform Equinix — integrating into 38 Equinix International Business Exchange (IBX) data centers across the Americas, Asia-Pacific and Europe. With this partnership, expects to provide low-latency connectivity and gain proximity to its end users.

Equinix forms the base of the single portal which offers its customers. With a dependable and highly connected global infrastructure, this digital infrastructure provider uses a point-to-point approach to offer the requisite processing power and the network speed to perform game development builds.

Moreover, through the interconnection of 40 exchanges, Equinix allocates gaming traffic to burst into multiple cloud accounts, which gamers need from AWS, Google Cloud and Microsoft Azure.

Equinix recently deployed a fully functional 5G and Edge Technology Development Center with a fully operational, non-standalone 5G network from Nokia (NOK - Free Report) . Initially, the center will focus on use cases of mobile hybrid multi-cloud connectivity, network slicing, distributed artificial intelligence and machine learning, augmented and virtual reality and gaming, as well as the enablement and orchestration of infrastructure.

The company is well positioned globally to bank on the robust demand for data-center spaces with its Platform Equinix, which comprises more than 230 data centers across 65 metros and 27 countries.

Robust growth in cloud computing, the Internet of Things and big data, and a greater call for third-party IT infrastructure are spurring the demand for data-center infrastructure. Furthermore, growth in artificial intelligence, autonomous vehicle and virtual/augmented reality markets is anticipated to be solid over the next five to six years.

As infrastructure providers for the rapidly-growing digital economy, data-center landlords, such as Equinix, Digital Realty Trust (DLR - Free Report) and CoreSite Realty Corporation , are well placed for sustainable growth.

However, stiff competition is likely to result in aggressive pricing pressure.
Shares of Equinix have gained 18% over the past six months, outperforming the industry's growth of 12%.

Zacks Investment ResearchImage Source: Zacks Investment Research

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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