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Global Data Center
Colocation Market Research
Report and Forecast
2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights ReservedReport Description
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Global Data Center Colocation Market Outlook 2026:
IMARC Group’s latest report, titled "Data Center Colocation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," theglobal data center colocation marketsize reached US$ 45.30 Billion in 2020.
Data center colocation is a solution that allows enterprises to rent out a physical facility, network bandwidth and other computing resources within an existing data center.
The leased space is often equipped with power backup facilities, in-built networking components, information protocol (IP) systems and cooling units that are widely accessible in retail and wholesale setups. These services are extensively used by companies as they improve their business potential by enabling the employees to focus on core business functions and reducing the overall operational expenditure.
These solutions are extremely reliable and easily scalable, due to which they are widely utilized across numerous industry verticals, including energy, retail, government, healthcare and information technology (IT).
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Report Description and Highlights
Data Center Colocation Market Trends:
The global market is primarily driven by the increasing adoption of digitization across several
industries. This has led to the rising demand for hybrid cloud computing and virtualization systems, which has provided an impetus to the demand for data center colocation services across the globe. Additionally, there has been an escalating demand for secure and scalable infrastructure for efficient data recovery and business continuity requirements, which is acting as another major growth-inducing factor. The market is further driven by the increasing volumes of data from social media platforms and over-the-top (OTT) media services, which has created an escalating need for reliable data centres. Moreover, the increasing adoption of the Internet-of-Things (IoT) across numerous organizations has led to the growing demand for higher network bandwidths and faster data processing with lower latency and faster connectivity.
Colocation data centers are increasingly preferred by end users to fulfill such requirements in an
efficient manner. Some of the other factors contributing to the market growth include the emergence of 5G, widespread demand for data storage facilities from the e-commerce sector and the continual improvements in the IT infrastructure. On account of the aforementioned factors, thes market is anticipated to grow at a CAGR of 14.3% during 2021-2026.
Market Breakup by Type:
• Retail Colocation • Wholesale Colocation
Market Breakup by Organization Size
:• Small and Medium Enterprises • Large Enterprises
Breakup by End Use Industry
:• BFSI • Manufacturing • IT and Telecom • Energy • Healthcare • Government • Retail • Education
• Entertainment and Media • Others
Market Breakup by Region:
•North America • United States • Canada •Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others•Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others •Latin America • Brazil • Mexico • Others
•Middle East and Africa
Competitive Landscape With Key Players
:• AT&T, Inc.
• CenturyLink Inc.
• China Telecom Corporation Limited. • Coresite Realty Corporation.
• Cyrusone Inc.
• Cyxtera Technologies Inc. • Digital Realty Trust Inc. • Equinix Inc.
• Global Switch Limited. • Internap Corporation. • KDDI Corporation.
• NTT Communications Corporation (Nippon Telegraph and Telephone Corporation). • Verizon Enterprise Solutions Inc.
View Report TOC, Figures and Tables : https://www.imarcgroup.com/data-center-colocation-market
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