Asia-Pacific Data Center Colocation Market: Size, Competitive Analysis and Forecast - 2019-2025

Asia-Pacific data center colocation market is estimated to grow significantly at a CAGR of 14.4% during the forecast period. Asia-Pacific is one of the most lucrative regions for the data center colocation market, owing to the growing enterprises coupled with the rise in data center services in the region. Moreover, the region holds significant growth potential for trading associations, which strives to access colocation services, in order to upgrade its network. China, Japan, and India account for a large number of data centers owing to the increasing demand from BFSI, IT & telecom, and social media sectors in these countries.

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The major countries which will contribute to the market are China, India, and Japan. China is the biggest market for data center colocation market. Digitalization is emerging economies such as India and China is further estimated to drive the growth of the market. The significant presence of large and small enterprises is one of the major factors propelling the growth of the market in Asia-Pacific. The rise in ICT infrastructure with the rising expansion of multinational firms in the country is one of the major factors propelling the growth of the market in China. The favorable government initiatives exclaiming the expansion of digitalization is increasing the demand for data centers, which in turn, is fueling the Chinese data center colocation market.

The companies which are contributing to the growth of Asia-Pacific data center colocation market include AT&T, Inc., Equinix, Inc., IBM Corp., KDDI Corp., NTT Communication Corp., and Tata Communications. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in September 2019, NTT communication Corp. has announced collaboration with Wasabi Technologies Inc., the ICT solutions and international communication business that offer low cost, scalable object storage by its new organization Cloud Wasabi object storage service with object storage service that is a storage architecture which handles data in units of objects.

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ASIA-PACIFIC DATA CENTER COLOCATION MARKET-SEGMENTATION

By Solution Type

o Retail Colocation
o Wholesale Colocation

By Verticals

o BFSI
o IT & Telecom
o Healthcare
o Government and Defense
o Others (Media and Entertainment)

Regional Analysis

o China
o Japan
o India
o Rest of Asia-Pacific

Company Profiles

o AT&T, Inc.
o China Telecom Corp.
o China Unicom, Ltd.
o Equinix, Inc.
o IBM Corp.
o KDDI Corp.
o NTT Communication Corp.
o SoftBank Corp.
o Tata Communications
o VADS BERHAD

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