The "Data Center Colocation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Oct 6, 2022--
The global data center colocation market size reached US$ 50.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 110.8 Billion by 2027, exhibiting a CAGR of 14.07% during 2021-2027.
AT&T Inc.
CenturyLink Inc.
China Telecom Corporation Limited
Coresite Realty Corporation
Cyrusone Inc.
Cyxtera Technologies Inc.
Digital Realty Trust Inc.
Equinix Inc.
Global Switch Limited
Internap Corporation
KDDI Corporation
NTT Communications Corporation (Nippon Telegraph and Telephone Corporation)
Verizon Enterprise Solutions Inc.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Data center colocation refers to a service that enables enterprises to rent physical space, network bandwidth and other computing resources within an existing data center. These data centers are equipped with in-built networking components, power backup facilities, information protocol (IP) system and cooling units and are usually available in retail and wholesale setups.
In comparison to the traditionally used data centers, colocation data centers are more cost-effective, highly reliable, easily scalable, can be located near the users and require minimal technical staff. As a result, they find extensive applications across various industry sectors, such as banking, financial services and insurance (BFSI), healthcare, information technology (IT), manufacturing, energy, government and retail.
Rapid digitization across industries, along with the increasing utilization of hybrid cloud computing and virtualization systems, is one of the key factors driving the growth of the data center colocation market. Data center colocation facilities are located away from the user premises and can be controlled remotely in case of disasters to secure the data.
Furthermore, widespread adoption of reliable, scalable and secure infrastructure for efficient data recovery and business continuity requirements, is providing a thrust to the market growth.
With the increasing number of small- and medium-sized enterprises (SMEs), especially in the developing economies, there is a substantial rise in the deployment of modular data centers to keep up with the rising network complexities. Other factors, including the growing demand for data storage facilities from the e-commerce industry, along with significant improvements in the IT infrastructure, are anticipated to drive the market further.
Key Questions Answered in This Report
1. What is the market size for the global data center colocation market?
2. What is the global data center colocation market growth?
3. What are the global data center colocation market drivers?
4. What are the key industry trends in the global data center colocation market?
5. What is the impact of COVID-19 on the global data center colocation market?
6. What is the global data center colocation market breakup by organization size?
7. What is the global data center colocation market breakup by end-use industry?
8. What are the major regions in the global data center colocation market?
9. Who are the key companies/players in the global data center colocation market?
5 Global Data Center Colocation Market
7 Market Breakup by Organization Size
8 Market Breakup by End Use Industry
9 Market Breakup by Region
12 Porters Five Forces Analysis
14.3 Profiles of Key Players
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/06/2022 10:12 AM/DISC: 10/06/2022 10:12 AM
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