Data Center Colocation Market Size, Trends and Insights By Type (Retail, Wholesale), By Enterprise Size (SMEs, Large Enterprises), By End Use Insights (Retail, BFSI, IT & Telecom, Healthcare, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- China Telecom Corp. Ltd.
- CoreSite Realty Corp.
- CyrusOne Inc.
- NaviSite
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Data Center Colocation Market was estimated at around USD 50.4 billion in 2021 and is expected to reach USD 57.2 billion in 2022 growing at a CAGR of nearly 14.2% from 2022 to 2030. The market is projected to reach approximately USD 131.8 billion by 2030.
Data Center Colocation Market offers a comprehensive and deep evaluation of the market stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis.
Data Center Colocation Market: Overview
The process of renting out data center space and infrastructure, such as power, network bandwidth, physical security, and cooling components, to end users is included in the data center colocation market. Several features of a data center are referred to as colocation. The phrase refers to the reality that a single data center houses servers and other virtual machines from several businesses.
The data center administration only performs routine maintenance on the hardware owned by the businesses. It also refers to the idea that a company’s equipment may be spread throughout several locations. They could have servers spread across four or five colocation data centers. This is essential for businesses with wide geographic footprints who wish to ensure that their computer systems are close to their physical offices.
The rising adoption of data centers across all industry types is reflected in the optimistic behavior of the data center colocation market. The market offers flexibility in terms of meeting the capacity demands of certain organizations or institutions owning to the availability of solutions like retail and wholesale colocation. The development of the required infrastructure to preserve, store, and analyze data as swiftly as possible has been driven by the improvements in data by organizations in many sectors.
Due to the substantial cost and lack of knowledge required to construct an IT facility that holds data, many important companies are encountering difficulties. Given the significant financial outlays, many businesses adopt data center colocation services that boost revenues and ensure data security and top-notch networks.
Data Center Colocation Market: COVID–19 Impact Analysis
The COVID-19 pandemic has significantly impacted global economies. For several industries, COVID-19 has created several difficulties. Data center colocation market growth has benefited from the COVID-19 pandemic as data center colocation technologies help enterprises manage the rising needs of internet traffic. Most internet and data service providers claim that the annual growth rate of internet traffic is between 30 and 45 percent. Making ensuring that data center colocation service providers have the capacity and ability to deliver high-performance data center colocation services during times of increased traffic demand is becoming more and more important.
As a result, service providers invest significantly in data center colocation across various circumstances. Additionally, the COVID-19 pandemic creates an opportunity for the data center colocation industry since these services help businesses worldwide achieve their goals while operating from home by offering high data security.
Data Center Colocation Market: Growth Drivers
Increasing demand for higher bandwidth connections is accelerating the market’s growth.
Due to the widespread use of edge computing applications, there is a huge increase in demand for high-capacity networks. Furthermore, the requirement for quick real-time insights and the difficulties associated with network latency prompted the creation of multi-locational hybrid data structures. These architectural layouts were developed to solve these issues, and now they are essential for data transmission between the various data centers or private exchange points.
Additionally, as more companies move their activities to the cloud, there is a growing need for more bandwidth to support uninterrupted data movement and quicker data processing. Higher bandwidths for data exchange between enterprises have also been made available, owing to cutting-edge technologies like 5G and immersive technologies like augmented reality, virtual reality, and artificial intelligence. The need for data center colocation is also rising as more cutting-edge technologies, such as cloud computing, the internet of things (IoT), autonomous cars, and sophisticated robotics, continue to be used.
Lower latency is required because of the continual development of these technologies and the growing use of intelligent devices. Colocation enables cloud service providers to move their data center facilities closer to their clients to provide high bandwidth and low latency in data transfer. Additionally, as more people use smart devices, there will likely be a greater need for better connection and lower latency in data transfers, increasing the need for colocation data centers.
Increasing data traffic and the need for greater network capacity
Throughout the 4G period, the surge led to a network capacity increase, eventually preparing the globe for the widespread use of 5G networks. The mobile data market is expected to have been dominated by 5G networks at 54%. The development of the number of cellular radio stations and the deployment of a new wireless spectrum can also be linked to the expansion. These two elements supported the development. As the industry advances toward the fifth generation of cellular network technology, it is projected that the need for mobile data use will rise dramatically to support cloud gaming, OTT platforms, streaming services, and immersive application development.
To provide a better customer experience, network operators are under pressure to expand the capacity of their networks. Small cell deployments are becoming more and more popular among operators worldwide as a means of enhancing network coverage. Mobile carriers are expected to increasingly depend on tiny cells to expand data network capacity in regions with significant traffic congestion. Each subscriber now has access to more radios owning to small cell technology, which also improves signal quality for consumers, which is crucial for fast data transfer.
The proximity of the radio sites resolves the issue of a limited signal reach produced by higher frequency 5G technology. As a direct result, mobile network operators are increasingly using tiny cells as their main method of enhancing the network’s data capacity. Due to the rising volume of data traffic and the consequent demand for more network capacity, the sector is anticipated to expand during the next years.
Data Center Colocation Market: Segmentation Analysis
The data center colocation market is segmented into type, enterprise size and end-use insights. The retail colocation type segment is estimated to lead the market during the forecast period. Retail colocation offers power, space, cooling, cabling, and support services. Additionally, it offers flexibility in terms of IT infrastructure, which benefits Small and Medium-Sized Enterprises (SMEs). It is anticipated that the usefulness of retail colocation would increase its market share in the colocation of data centers worldwide. The wholesale colocation sector is anticipated to see the largest growth in the future since it enables businesses to deploy hundreds of servers at one site and offer high-density computing, significantly expanding the data center colocation market.
By enterprise size, the large enterprise segment is anticipated to dominate the market during the forecast period. Large businesses are more likely to use colocation services since they may rent out large areas and satisfy their power and computing needs. Additionally, colocation services assist big businesses in having total control over the data center’s infrastructure. Due to their advantages in disaster recovery, these services also support business continuity. This is anticipated to drive the data center colocation market during the period.
By end-use insights, the IT & telecom segment dominated the data center colocation market during the forecast period. A significant proportion of this market is related to the growth of mobile internet users and the industry’s ongoing development of new software and apps. Because of the growing popularity of smartphones with complex functions, the number of internet users is certain to increase. Meanwhile, the development of 5G is anticipated to significantly promote the growth of the IT and telecom industries, producing significant amounts of data and propelling market expansion.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 50.4 billion |
| Projected Market Size in 2030 | USD 131.8 billion |
| CAGR Growth Rate | 14.2% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | China Telecom Corp. Ltd., CoreSite Realty Corp., CyrusOne Inc., NaviSite, NTT Communications Corp., Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Global Switch, Telehouse, and Others |
| Key Segment | By Type, Enterprise Size, End Use Insights, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Insights:
- Based on type segmentation, the retail colocation segment is estimated to hold the largest market share during the forecast period.
- Based on enterprise size segmentation, the large enterprise’s colocation segment is the leading revenue-generating category during the forecast period.
- Based on end-use insights segmentation, the large enterprise’s colocation segment is the leading revenue-generating category during the forecast period.
- Based on geography/region, the North American region was the leading revenue generator in 2021.
Recent Development
- July 2020: The second-biggest data center in the world and the largest in Asia were opened by Indian real estate juggernaut Yotta Infrastructure in Navi Mumbai.
- June 2017: By introducing a 10Gbps large-volume network to link its Enterprise Cloud for businesses collocated at more than 30 data centers worldwide, NTT increased the size of its data center network.
Regional Landscape
Throughout the projection period, North America is expected to continue to be among the most alluring markets and this region is accounted for the majority revenue share in the market. Large-scale IT firms like Amazon.com, Google LLC, and Facebook are heavily present in the area, which boosts the need for colocation data centers and necessitates a lot of storage space. One of the fastest-growing areas worldwide, the data center colocation market in the Asia Pacific is predicted to increase exponentially. This is mostly because of the rise in data center traffic in nations like China, India, and Australia.
Competitive Landscape
Our report offers quantitative and qualitative insights into the Data Center Colocation market and major development initiatives the key players adopt. Further, it offers competitive details and market share analysis. The report further includes relevant financial information, products and services offered, SWOT analysis, and the players’ recent developments.
Key Players:
- China Telecom Corp. Ltd.
- CoreSite Realty Corp.
- CyrusOne Inc.
- NaviSite
- NTT Communications Corp.
- Cyxtera Technologies, Inc.
- Digital Realty Trust Inc.
- Equinix Inc.
- Global Switch
- Telehouse
The global Data Center Colocation market is segmented as follows:
By Type
- Retail
- Wholesale
By Enterprise Size
- SMEs
- Large Enterprises
By End Use Insights
- BFSI
- Healthcare
- Energy & Utility
- It & Telecom
- Retail & E-Commerce
- Manufacturing
- Government & Public Sector
- Media & Entertainment
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Data Center Colocation Market, (2022 – 2030) (USD Billion)
- 2.2 Global Data Center Colocation Market : snapshot
- Chapter 3. Global Data Center Colocation Market – Industry Analysis
- 3.1 Data Center Colocation Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Demand For Higher Bandwidth Connections
- 3.2.2 Increasing Data Traffic And The Need For Greater Network Capacity
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Enterprise Size
- 3.7.3 Market attractiveness analysis By End Use Insights
- Chapter 4. Global Data Center Colocation Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Data Center Colocation Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Data Center Colocation Market – Type Analysis
- 5.1 Global Data Center Colocation Market overview: By Type
- 5.1.1 Global Data Center Colocation Market share, By Type, 2021 and 2030
- 5.2 Retail
- 5.2.1 Global Data Center Colocation Market by Retail, 2022 – 2030 (USD Billion)
- 5.3 Wholesale
- 5.3.1 Global Data Center Colocation Market by Wholesale, 2022 – 2030 (USD Billion)
- 5.1 Global Data Center Colocation Market overview: By Type
- Chapter 6. Global Data Center Colocation Market – Enterprise Size Analysis
- 6.1 Global Data Center Colocation Market overview: By Enterprise Size
- 6.1.1 Global Data Center Colocation Market share, By Enterprise Size, 2021 and 2030
- 6.2 SMEs
- 6.2.1 Global Data Center Colocation Market by SMEs, 2022 – 2030 (USD Billion)
- 6.3 Large Enterprises
- 6.3.1 Global Data Center Colocation Market by Large Enterprises, 2022 – 2030 (USD Billion)
- 6.1 Global Data Center Colocation Market overview: By Enterprise Size
- Chapter 7. Global Data Center Colocation Market – End Use Insights Analysis
- 7.1 Global Data Center Colocation Market overview: By End Use Insights
- 7.1.1 Global Data Center Colocation Market share, By End Use Insights, 2021 and 2030
- 7.2 Retail
- 7.2.1 Global Data Center Colocation Market by Retail, 2022 – 2030 (USD Billion)
- 7.3 BFSI
- 7.3.1 Global Data Center Colocation Market by BFSI, 2022 – 2030 (USD Billion)
- 7.4 IT & Telecom
- 7.4.1 Global Data Center Colocation Market by IT & Telecom, 2022 – 2030 (USD Billion)
- 7.5 Healthcare
- 7.5.1 Global Data Center Colocation Market by Healthcare, 2022 – 2030 (USD Billion)
- 7.1 Global Data Center Colocation Market overview: By End Use Insights
- Chapter 8. Data Center Colocation Market – Regional Analysis
- 8.1 Global Data Center Colocation Market Regional Overview
- 8.2 Global Data Center Colocation Market Share, by Region, 2021 & 2030 (USD Billion)
- 8.3. North America
- 8.3.1 North America Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.3.1.1 North America Data Center Colocation Market, by Country, 2022 – 2030 (USD Billion)
- 8.3.1 North America Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.4 North America Data Center Colocation Market, by Type, 2022 – 2030
- 8.4.1 North America Data Center Colocation Market, by Type, 2022 – 2030 (USD Billion)
- 8.5 North America Data Center Colocation Market, by Enterprise Size, 2022 – 2030
- 8.5.1 North America Data Center Colocation Market, by Enterprise Size, 2022 – 2030 (USD Billion)
- 8.6 North America Data Center Colocation Market, by End Use Insights, 2022 – 2030
- 8.6.1 North America Data Center Colocation Market, by End Use Insights, 2022 – 2030 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.7.1.1 Europe Data Center Colocation Market, by Country, 2022 – 2030 (USD Billion)
- 8.7.1 Europe Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.8 Europe Data Center Colocation Market, by Type, 2022 – 2030
- 8.8.1 Europe Data Center Colocation Market, by Type, 2022 – 2030 (USD Billion)
- 8.9 Europe Data Center Colocation Market, by Enterprise Size, 2022 – 2030
- 8.9.1 Europe Data Center Colocation Market, by Enterprise Size, 2022 – 2030 (USD Billion)
- 8.10 Europe Data Center Colocation Market, by End Use Insights, 2022 – 2030
- 8.10.1 Europe Data Center Colocation Market, by End Use Insights, 2022 – 2030 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.11.1.1 Asia Pacific Data Center Colocation Market, by Country, 2022 – 2030 (USD Billion)
- 8.11.1 Asia Pacific Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.12 Asia Pacific Data Center Colocation Market, by Type, 2022 – 2030
- 8.12.1 Asia Pacific Data Center Colocation Market, by Type, 2022 – 2030 (USD Billion)
- 8.13 Asia Pacific Data Center Colocation Market, by Enterprise Size, 2022 – 2030
- 8.13.1 Asia Pacific Data Center Colocation Market, by Enterprise Size, 2022 – 2030 (USD Billion)
- 8.14 Asia Pacific Data Center Colocation Market, by End Use Insights, 2022 – 2030
- 8.14.1 Asia Pacific Data Center Colocation Market, by End Use Insights, 2022 – 2030 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.15.1.1 Latin America Data Center Colocation Market, by Country, 2022 – 2030 (USD Billion)
- 8.15.1 Latin America Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.16 Latin America Data Center Colocation Market, by Type, 2022 – 2030
- 8.16.1 Latin America Data Center Colocation Market, by Type, 2022 – 2030 (USD Billion)
- 8.17 Latin America Data Center Colocation Market, by Enterprise Size, 2022 – 2030
- 8.17.1 Latin America Data Center Colocation Market, by Enterprise Size, 2022 – 2030 (USD Billion)
- 8.18 Latin America Data Center Colocation Market, by End Use Insights, 2022 – 2030
- 8.18.1 Latin America Data Center Colocation Market, by End Use Insights, 2022 – 2030 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Data Center Colocation Market, by Country, 2022 – 2030 (USD Billion)
- 8.19.1 The Middle-East and Africa Data Center Colocation Market, 2022 – 2030 (USD Billion)
- 8.20 The Middle-East and Africa Data Center Colocation Market, by Type, 2022 – 2030
- 8.20.1 The Middle-East and Africa Data Center Colocation Market, by Type, 2022 – 2030 (USD Billion)
- 8.21 The Middle-East and Africa Data Center Colocation Market, by Enterprise Size, 2022 – 2030
- 8.21.1 The Middle-East and Africa Data Center Colocation Market, by Enterprise Size, 2022 – 2030 (USD Billion)
- 8.22 The Middle-East and Africa Data Center Colocation Market, by End Use Insights, 2022 – 2030
- 8.22.1 The Middle-East and Africa Data Center Colocation Market, by End Use Insights, 2022 – 2030 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 China Telecom Corp. Ltd.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 CoreSite Realty Corp.
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 CyrusOne Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 NaviSite
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 NTT Communications Corp.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Cyxtera Technologies Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Digital Realty Trust Inc.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Equinix Inc.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Global Switch
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Telehouse
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.1 China Telecom Corp. Ltd.
List Of Figures
Figures No 1 to 24
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
|
| Demand-side |
|
|
Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|
|
Key Players:
- China Telecom Corp. Ltd.
- CoreSite Realty Corp.
- CyrusOne Inc.
- NaviSite
- NTT Communications Corp.
- Cyxtera Technologies, Inc.
- Digital Realty Trust Inc.
- Equinix Inc.
- Global Switch
- Telehouse
- Others
FAQs
“North America” region will lead the global Data Center Colocation market during the forecast period 2022 to 2030.
The key factors driving the market are Increasing Demand For Higher Bandwidth Connections, Increasing Data Traffic, And The Need For Greater Network Capacity.
The key players operating in the Data Center Colocation market are China Telecom Corp. Ltd., CoreSite Realty Corp., CyrusOne Inc., NaviSite, NTT Communications Corp., Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Global Switch, Telehouse.
The global Data Center Colocation market is expanding growth with a CAGR of approximately 14.2% during the forecast period (2022 to 2030).
The global Data Center Colocation market size was valued at USD 50.4 billion in 2021 and it is projected to reach around USD 131.8 billion by 2030.