Market Synopsis:
Data center colocations are network equipment, space, and bandwidth are leased to clients. It allows clients for maintaining their data without building a server and augments the capability of data storage by using the storage space in the facility. The global Data Center Colocation Market report by Market Research Future (MRFR) contains drivers, challenges, opportunities, and trends for the period of 2017 to 2023 (forecast period). The COVID-19 impact on the industry is highlighted in the report.
Market Scope
The global data center colocation market size is expected to grow at USD 63 billion by 2023. It can expand at 14 % CAGR during the forecast period.
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Market Segmentation:
The global data center colocation market has been segmented on the basis of type, deployment type, and end-users.
- By Type, it is segmented into retail colocation, wholesale colocation, and others.
- By Deployment Type, it comprises cloud, on-premise, and others.
- By End-Users, it caters to healthcare, BFSI, IT & telecom, government and defense, and others.
Key Players:
The prominent players in the global Data Center Colocation Market are – Equinix, Inc. (US), Fibernet Inc. (US), Keppel Data Center Pte Ltd. (Singapore), NTT Communications Corporation (Japan), AT&T Inc. (US), Cogent Communications (US), CoreSite Realty Corporation (US), Cyxtera Technologies, Inc. (US), Digital Realty Trust, Inc. (US), DuPont Fabros Technology, Inc. (US), Rahi Systems Inc (US), and Verizon Communications, Inc. (US) among others.
Regional Analysis:
The regional analysis of data center colocation market is being studied for regions of Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW). North America is one of the leading region across the world in terms of largest share in data center colocation market. The data center colocation providers are coming up with the new and planned expansions to provide the better service in North America, while the Asia Pacific region is emerging to reach the highest CAGR due to the lower the operational cost, reduce latency, to target medium-sized local businesses.
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Intended Audience
- IT companies
- Data center colocation service vendors
- Training and education service providers
- Cloud providers
- Governments
- Solution providers
- Intellectual property core and licensing providers
- Technology standards organizations
- Technology investors
- Research institutes,
- System Integrators
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