Data Center Colocation Market 2021: Size, Share, Scope, Growth Opportunities Analysis by Top key players like Equinix, IBM, AT&T Inc., Cyxtera Technologies, Digital Realty Trust LP, CoreSite Realty, CyrusOne, QTS Realty Trust, 365 Data Centers, UnitedLaye

Data Center Colocation Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Data Center Colocation market during the forecast period, i.e., 2021–2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies.

The research segments the market to offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

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According to our latest market study on “Data Center Colocation Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Enterprise Size, and Industry,” the market was valued at US$ 50,579.1 million in 2021 and is projected to reach US$ 136,647.9 million by 2028; it is expected to grow at a CAGR of 15.3% from 2021 to 2028.

Edge computing has emerged as an ideal solution for companies involved in streamlining their data gathering processes and a large number of customers demanding low-latency streaming content. Companies can deliver faster services and free up valuable bandwidth for several other activities that are performed closer to the network’s core by relocating their considerable processing workloads to devices and edge data centers on the outer edges of the network. Moreover, the growth of edge computing significantly depends on the rapid adoption of devices enabled with the internet of things (IoT). The IoT edge devices have developed incredible applications across diverse industries with their capabilities to collect data beyond the reach of conventional networks and extend services using cellular and Wi-Fi connections.

However, these functionalities still require a backbone of infrastructure for operating effectively and efficiently. As a result, companies have begun to re-architect their corporate IT infrastructures with respect to colocation and interconnection points of presence. By combining colocation services with regional edge computing data centers, companies can extend their edge network reach quickly and cost-effectively. E-commerce and retail sectors are also embracing the edge data center.

Top Leading Companies –

•Equinix
•IBM
•AT&T Inc.
•Cyxtera Technologies
•Digital Realty Trust LP
•CoreSite Realty
•CyrusOne
•QTS Realty Trust
•365 Data Centers
•UnitedLayer

The data center colocation market has been segmented based on type, enterprise size, industry, and geography. Based on type, the market is segmented into wholesale data centers and retail data centers. In 2020, the retail segment led the data center colocation market and accounted for a larger market share. In terms of enterprise size, the market is segmented into SMEs and large enterprises.

In 2020, the large enterprises segment accounted for a larger share in the market. Based on industry, the market is segmented into IT and telecom, BFSI, healthcare, retail, and others. In 2020, the IT & telecom segment held the largest share in the market. Geographically, the data center colocation market is broadly segmented into North America, Europe, APAC (Asia Pacific), MEA (the Middle East & Africa), and SAM (South America). In 2020, North America accounted for the highest market share.

Moreover, unlike the data centers Colocation Market connected to the big-name cloud vendors such as Google, Amazon, and Microsoft, most colocation data centers are often located in big metropolitan areas. There are several reasons for the use of shared colocation facilities. For starters, the use of colocation data centers can minimize power and cooling expenses, and colocation providers get better deals from internet providers than a single company can handle. Colocation facilities offer power and internet connectivity, which supports in maximizing uptime. Moreover, colocation facility providers are better prepared for potential natural disasters and power outages than most typical enterprises.

The research provides answers to the following key questions:

1.What is the estimated growth rate of the market for the forecast period 2021–2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Data Center Colocation market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Data Center Colocation market?
4. What are the prominent market trends influencing the development of the Data Center Colocation market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Data Center Colocation market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

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