Global Data Center Colocation Market 2022-2028
Data center colocation refers to a service provided by companies that offer a shared, secure space for enterprise businesses to store hardware related to data storage and other equipment. Colocation provides a high-performance environment for critical IT infrastructure. The global data center colocation market is projected to rise by USD 53.9 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 11.7 percent during the forecast period.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global data center colocation market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the data center colocation industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, organization size, end user, and region. The global market for data center colocation can be segmented by type: retail colocation, wholesale colocation. Among these, the retail colocation segment was accounted for the highest revenue generator in 2021. Data center colocation market is further segmented by organization size: large enterprises, small and medium-sized enterprises (SMEs). The large enterprises segment is estimated to account for the largest share of the global data center colocation market. Based on end user, the data center colocation market is segmented into: BFSI, healthcare, IT & telecom, media & entertainment, retail, others. The IT & telecom segment held the largest share of the global data center colocation market in 2021 and is anticipated to hold its share during the forecast period. On the basis of region, the data center colocation market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). In 2021, North America made up the largest share of revenue generated by the data center colocation market.
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