Data Center Colocation
Data center collocation is a process through which an organization can rent physical office space, network or Internet bandwidth and other resources within an existing data center to deploy its own data center. It enables sharing the existing pool of data center resources to be used for deploying and hosting data center services for external or retail customers/organizations.
Market trend Snapshot
Global Data Center Colocation market was valued at XXXX USD in 2019 and poised to reach XXXX USD by 2026, growing at a CAGR of XXXX%. This report provides comprehensive and in-depth analysis and prediction of the Data Center Colocation industry. The immense growth is benefit from some factors. First of all, growing awareness towards the reduction of carbon footprints is a key factor driving the data center colocation market. Furthermore, cost-effective solution for enterprises as compared to storing their server at their own premises that saves the room space requirement and cost of cooling and heating along with the need for IT expertise is fueling the growth of data center colocation market. Apart from this, the requirement for reliability, security, and scalability of infrastructure, growing data center complexities, and the need for reduction of overall IT costs are some of the other important factors that propelling the Data Center Colocation market growth.
From Base year 2018 to forecast year 2026
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Key Market Players Profile
Various market pacemakers covered in the report are Equinix, Inc., Interxion Holding NV, SunGuard Availability Services, CenturyLink Technology Solutions, Verizon Communication Ltd, KDDI Corporation, NTT Data Corporation, American Telephone & Telegraph, Inc., Telecity Group, Global Switch Corporation, DuPont Fabros Technology, Inc., Digital Reality, Rackspace, and Navisite, Inc. The report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
North America holds the largest Data Center Colocation market share
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, fashion trends, and economic development in these countries are also taken into consideration.
North America is expected to dominate the Data Center Colocation market during the forecast period owing to the presence of a large number of data centers across various industries in this region. The Asia Pacific is projected to witness robust growth in the coming years mainly attributed to the increasing data center traffic and the surge in usage of mobile devices in this region. The region is a major hub for IT outsourcing across various industry verticals. IP transit, power, and space cost more in China, which, in turn, is increasing the difficulties in maintaining the country’s data centers. China has more internet users, which indicate the scope for immense development. China’s connectivity ecosystem is made of 53 cloud service providers and 75 colocation data centers. Japan has a high internet literacy rate in comparison to China apart from having a high density of colocation. Thus, these are some factors that are likely to drive this region’s data center colocation market in the future.
Data Center Colocation Type and Application Sketch
By type
Retail colocation segment holds the largest market share. The technological advancements in colocation facilities, the realization of higher in-house IT cost and situation of internal data canter saturation in organizations is driving the demand for retail colocation.
By application
Large Enterprises segment is currently leading Small and Medium Enterprises (SME) segment.
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