Data Center Colocation Services in the US - Industry Market Research Report

Data Center Colocation Services in the US - Industry Market Research Report

Data Center Colocation Services in the US

Operators of data center colocation services enjoyed strong demand for rental of equipment, space and bandwidth for companies to store servers. Over the past five years, operators have benefited from strong growth as digitalization continues to take hold. Increases in the percentage of business conducted online and the number of mobile internet connections have directly contributed to demand for colocation services; as companies increasingly digitize their operations and as demand for bandwidth-intensive services grows, more data storage is required. In 2020, COVID-19 only served to accelerate this trend, as the percentage of business conducted online surged. However, a decline in corporate profit mitigated revenue growth that year. Over the past five years, revenue rose at a CAGR of 5.2% to an estimated $15.7 billion, including an estimated boost of 3.7% in 2023 alone.

Companies in this industry provide rental services of data centers, including equipment, space and bandwidth to customers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.