According to a new market research report launched by Inkwood Research, the Global Data Center Colocation Market is growing at a CAGR of 15.87% during the forecast period, and is projected to reach $161089 million by 2028.
Boston, MA -- (SBWIRE) -- 02/28/2022 -- Browse 48 market data Tables and 42 figures spread over 185 Pages, along with in-depth analysis on Global Data Center Colocation Market by Type, End-User, Organization & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Data Center Colocation Market Scenario
Colocation facilities offer security, continuity, and scalability for systems, data, and applications, enabling access to the most prominent data center technologies. There is a growing demand for data center services like cloud connectivity services, managed services, and colocation, with SMEs adopting cloud services like SaaS and PaaS. Also, it is estimated that over 90% of SMEs will operate their businesses through the cloud by 2023.
Further, digitalization primarily propels the demand for cloud-based services globally. In addition, the adoption of advanced technological solutions like AI and big data raises the data volume across verticals. Moreover, facilitating cloud connectivity in the existing colocation data centers will attract several consumers operating through hybrid services. Such developments are predicted to increase the demand for colocation services. However, the environmental impact and setup costs hinder the market growth.
The Global Data Center Colocation Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Organization
- SME
- Large Enterprises
Market by End-User
- Manufacturing
- Government
- BFSI
- IT & Telecom Services
- Energy & Utility
- Retail
- Healthcare
- Media
- Other End-Users
Market by Type
- Wholesale Data Center Colocation
- Retail Data Center Colocation
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
- DIGITAL REALTY
- IRON MOUNTAIN
- EQUINIX
- CHINA TELECOMMUNICATIONS CORPORATION
- NTT COMMUNICATIONS
- CYXTERA
- KDDI CORPORATION
- QTS REALTY TRUST (ACQUIRED BY BLACKSTONE FUNDS)
- CYRUSONE INC
- GLOBAL SWITCH
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