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 2020 to 2030 (forecast period). The COVID-19 impact on the industry is highlighted in the report.
The global data center colocation market size is expected to grow at USD 172.36 billion by 2030. It can expand at 14.4 % CAGR during the forecast period.
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.
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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.
NTT Communications Corporation, DuPont Fabros Technology, Inc., Cogent Communications, Equinix, Inc., Keppel Data Center Pte Ltd., Fibernet Inc., Verizon Communications, Inc., AT&T Inc., Digital Realty Trust, Inc., CoreSite Realty Corporation, Cyxtera Technologies, Inc., and Rahi Systems Inc are key players of the global data colocation market.
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