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Data Center Colocation Market Report 2023 - Demand, Trends, Industry Analysis And Analysis 2032 | Digital Realty Trust Inc., CyrusOne Inc., Global Switch, Cyxtera Technologies, Equinix Inc
Data Center Colocation Market
Data Center Colocation Market Size, Growth Rate, And Forecast
The global data center colocation market size grew from $55.9 billion in 2022 to $65.55 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data center colocation market size is expected to grow to $110.88 billion in 2027 at a CAGR of 14.0%.
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Data Center Colocation Market Drivers
The high cost of an in-house data center is encouraging companies to adopt data center colocation services which in turn is propelling the demand for the data center colocation market. Colocation services result in significant cost savings as compared to managing an in-house data center.
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Data Center Colocation Market Segments
1. By Type: Retail Colocation, Wholesale Colocation.
2. By Enterprise Size: Large Enterprise, Small Scale Enterprise.
3. By End-User: BFSI, IT And Telecom, Government And Defense, Healthcare, Other End Users.
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Data Center Colocation market.
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Data Center Colocation Market Key Players
Major competitors in the data center colocation market include Digital Realty Trust Inc., CyrusOne Inc., Global Switch, Cyxtera Technologies, Equinix Inc., China Telecom Corp. Ltd., Verizon Communication Ltd.
The Business Research Company's "Global Data Center Colocation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Data Center Colocation Market Include:
1. Executive Summary
2. Data Center Colocation Market Characteristics
3. Data Center Colocation Market Trends And Strategies
4. Data Center Colocation Market - Macro Economic Scenario
5. Data Center Colocation Market Size And Growth
……
26. Africa Data Center Colocation Market
27. Data Center Colocation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Center Colocation Market
29. Data Center Colocation Market Future Outlook and Potential Analysis
30. Appendix
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