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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Data Center Colocation Market Share by Colocation Type
According to the global data center colocation market analysis, retail colocation is likely to show substantial growth in the coming years. Retail colocation offers businesses the opportunity to lease more compact spaces within a data center, allowing for the management of smaller data volumes and necessitating less infrastructure. This particular feature has played a pivotal role in fostering the popularity of retail colocation, especially among small and medium-sized enterprises (SMEs).
Data Center Colocation Market Share by End Use
The rapid expansion of the IT and telecom sector significantly influences the data center colocation market share. Technological advancements and breakthroughs in IT and telecommunications have spurred an unprecedented demand for robust and reliable data center services. Moreover, the convergence of various cutting-edge technologies, such as 5G, IoT (Internet of Things), and artificial intelligence, has necessitated the establishment of advanced data centers.
Data Center Colocation Market Report Snapshots
Data Center Colocation Market Size
Data Center Colocation Market Share
Data Center Colocation Market Analysis
Data Center Colocation Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 66.31 billion.
The market is projected to grow at a CAGR of 14.5% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 221.88 billion by 2032.
The market is driven by the increasing adoption of edge computing and the rising demand for data centers from different sectors.
The growing emphasis on sustainability in data centers and the increasing applications of artificial intelligence, machine learning, and other advanced technologies is expected to propel the expansion of the market in the coming years.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different end uses are retail, BFSI, IT and telecom, healthcare, and media and entertainment, among others.
The key players in the market include Digital Realty Trust Inc., Equinix, Inc., NTT Communications Corporation, Cyxtera Technologies, Inc., Global Switch Limited, Rackspace US, Inc., Iron Mountain Incorporated, Flexential Corp., Colt Group Holdings Limited, QTS Realty Trust, LLC, and China Telecom Global Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124