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Global Data Center Colocation Market Size

Global Data Center Colocation Market size was valued at USD 45.40 billion in 2021 and is poised to grow from USD 46.10 billion in 2022 to USD 124.90 billion by 2030, growing at a CAGR of 15.3% during the forecast period (2023-2030).

Swetachakraborty
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Global Data Center Colocation Market Size

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  1. Global Data Center Colocation Market Size, Share, Growth Analysis, By Type By End-User Industry Forecast 2023-2030 Global Data Center Colocation Market size was valued at USD 45.40 billion in 2021 and is poised to grow from USD 46.10 billion in 2022 to USD 124.90 billion by 2030, growing at a CAGR of 15.3% during the forecast period (2023-2030). High cost associated with owning and maintaining a data center, especially for companies that generate inconsistent data volumes, is driving market growth. Research shows that owning or constructing a data center facility can cost over USD 300 per square foot, in addition to the cost of laying the required fiber cabling. In-house handling of an entire data center facility is a high-cost component for SMEs, while larger organizations can easily absorb this cost. Data center colocation offers a viable and affordable alternative to renting data center space, which is expected to drive market growth over the forecast period. The growing volume of data from social media and Over-The-Top (OTT) platforms has increased the demand for data centers and colocation services. The emergence of

  2. technologies like IoT, cloud computing, autonomous vehicles, and advanced robotics has resulted in the increased demand for higher bandwidths and faster data processing. Colocation data centers are suitable to fulfill such requirements, as the operators can locate their data center facilities in proximity to the users, offering enhanced storage and networking services. However, the rising adoption of cloud data centers, owing to their lower costs, is expected to act as an inhibitor to market growth. Smaller organizations increasingly adopt cloud services as they offer scalable low costs, eliminate the need for IT staff, and have lesser overheads. Colocation centers offer cost benefits in the long run along with flexibility in terms of total server control, making them an attractive option for enterprises.

  3. Global Data Center Colocation Market Segmental Analysis Global Data Center Colocation market is segmented by type, end-user, and region. Based on type, the market can be segmented into wholesale colocation and retail colocation. Based on end-user, the market is segmented into IT and telecom, and BFSI. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. View More https://www.skyquestt.com/report/data- center-colocation-market Data Center Colocation Market Top Player’s Company Profiles •Equinix, Inc. (US) •Digital Realty Trust, Inc. (US) •NTT Communications Corporation (Japan) •China Telecom Corporation Limited (China) •CyrusOne Inc. (US) •Global Switch (UK)

  4. •Interxion Holding NV (Netherlands) •Level 3 Communications, LLC (US) •Verizon Communications Inc. (US) •CoreSite Realty Corporation (US) •Telehouse (UK) •China Unicom (China) •AT&T Inc. (US) •Zayo Group Holdings, Inc. (US) •CenturyLink, Inc. (US) •KDDI Corporation (Japan) •Deutsche Telekom AG (Germany) •Colt Technology Services Group Limited (UK) •Digital Bridge Holdings, LLC (US) •Corespace, Inc. (US) About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

  5. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter

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