Global Data Centre Outsourcing Market Report and Forecast 2023-2028

Global Data Centre Outsourcing Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global data centre outsourcing market reached a value of USD 164.81 billion in 2022. Aided by the increasing adoption of cloud services and the escalating demand for cost-effective data management solutions, the market is projected to further grow at a CAGR of 5.10% between 2023 and 2028 to reach a value of USD 222.14 billion by 2028.

Data centre outsourcing refers to the practice of delegating an organisation's data centre operations and management to an external service provider. This includes infrastructure, networking, servers, storage, and other elements that constitute a data centre. Organisations typically resort to data centre outsourcing to achieve efficiency, scalability, and cost savings, allowing them to focus on their core business operations while a third-party expert handles the complexities of data centre management.

The increasing need for enterprises to reduce capital expenditure and operational costs is a key driver in the global data centre outsourcing market growth. As businesses continue to evolve and expand, managing and maintaining an in-house data centre becomes increasingly challenging and resource intensive. Outsourcing the data centre operations allows companies to eliminate the costs associated with building and managing their own data centres, thereby allowing for more strategic allocation of resources.

The continued surge in data generation and the requirement for secure, reliable data storage and management solutions further contribute to the data centre outsourcing market demand. The emergence of big data, Internet of Things (IoT), and artificial intelligence (AI) has accelerated the data growth rate, placing increased demands on data centre capacity and capabilities. Data centre outsourcing providers offer scalable and flexible solutions to address these challenges.

Furthermore, the rapid adoption of cloud computing services has been a significant influencer in the acceleration of the market expansion. As businesses increasingly move towards cloud-based solutions, the demand for specialised service providers capable of managing complex cloud environments is on the rise. These service providers offer a blend of traditional data centre services and cloud management capabilities, enabling a seamless transition and operation for businesses.

The report indicates significant growth potential in the Asia Pacific region, owing to the increasing number of enterprises, booming technology adoption rates, and favourable government policies encouraging digital transformation. North America continues to be a dominant player in the data centre outsourcing market share due to the presence of a substantial number of data centre service providers and a mature market for technology adoption.

Market Segmentation

The market can be divided based on services, segment, end use, and region.

Market Breakup by Services

• Co-Location Hosting
• Managed Hosting
• Others

Market Breakup by Segment

• Retail
• Wholesale

Market Breakup by End Use

• Small and Medium Businesses
• Large Businesses

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global data centre outsourcing market. Some of the major players explored in the report by Expert Market Research are as follows:

• Equinix, Inc.
• Rackspace Us, Inc.
• IBM Corporation
• Fidelity National Information Services, Inc.
• NTT Communications Corporation
• CenturyLink
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.