Data Center Colocation Market to Worth US$ 136,647.9 million by 2028

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The data center colocation market is expected to grow from US$ 50,579.1 million in 2021 to US$ 136,647.9 million by 2028

The new versatile research report on Global Data Center Colocation Market aims to promise a unique approach to the industrial assessment of the market covering the most important factors driving the growth of the industry. The Data Center Colocation Market report provides current and future technical and financial details of the industry. One of the most comprehensive and important additions to The Insight Partners market research archive. It provides detailed research and analysis of key aspects of the global market.

A colocation facility, often called a colo, is a data center where an enterprise can rent space for servers and other equipment; however, a data center colocation provider manages these servers and equipment. The colocation firms offer the building, power, cooling, bandwidth, and physical security. Enterprises can lease space by the cabinet, rack, cage, or room. Being one of the popular alternatives to traditional hosting, data center colocation facilities house multiple businesses (multitenant) that may only need one or two server racks. 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.

The data center colocation market is expected to grow from US$ 50,579.1 million in 2021 to US$ 136,647.9 million by 2028; it is estimated to grow at a CAGR of 15.3% from 2021 to 2028.

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Companies Profiled in this report includes: Equinix Inc.,IBM Corporation,ATT Inc.,Cyxtera Technologies, Inc.,Digital Realty Trust LP,CoreSite Realty Corporation,CyrusOne, Inc.,QTS Realty Trust, Inc.,365 Data Centers,UnitedLayer

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.

MARKET SEGMENTATION

Data Center Colocation Market – by Type

  • Retail
  • Wholesale

Data Center Colocation Market – by Enterprise size

  • SMEs
  • Large Enterprises

Data Center Colocation Market – by Industry

  • IT and Telecom
  • BFSI
  • Healthcare
  • Retail
  • Others

Reason to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Data Center Colocation Market.
  • Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
  • The key findings and recommendations highlight crucial progressive industry trends in the Data Center Colocation Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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