Data Center Colocation Market Size, Share, Analysis, Industry Report and Forecast 2021-2027

The global data center colocation market is expected to grow at a significant CAGR during the forecast period (2021-2027). A data centre facility where a business or an enterprise can rent space for servers and other computing devices is known as colocation. It is used in wholesale and retail colocation across a variety of industries, including BFSI, manufacturing, and energy. Colocation data centres are becoming more popular as a way for businesses to enhance their network's reach and capabilities. Large data analytics workloads can be adapted by data centres, especially in the case of software-defined data centres (SDDCs), which may offer scalable virtualized server alternatives at a low cost.

Furthermore, the market growth is led by trends toward colocation products that try to seamlessly link hyperscale and edge data centres to support emerging AI, Internet of Things (IoT), autonomous vehicles, big data, and other applications. The market is being driven by the increasing adoption of cloud services. Cloud services have accounted for a growing share of data-center usage over the last five years, while colocation and in-house systems have stayed relatively stable. Customers can take advantage of a 100% uptime service level agreement (SLA) and concentrate on their main business rather than operating a data centre. The supplier of cloud services provides and controls hardware infrastructure, such as servers, storage, and network components.

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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including partnerships and collaborations, mergers and acquisitions, geographical expansion, and new product launches, to remain competitive in the marketplace. For instance, Zadara Storage Inc. announced a technical agreement with Cyxtera in May 2020. By offering superior storage on demand, the two companies are revolutionising storage and supporting to decrease financial and operational risk. Asperita announced a partnership with Maincubes, a European data centre, in May 2020. In the Maincubes Amsterdam AMS01 data centre, the two firms began delivering Immersion Cooling Solutions in dedicated immersion cooling colocation suites. These dedicated immersion cooling colocation suites in the Maincubes Amsterdam AMS01 colocation data centre, were designed to provide enterprises, cloud service providers (CSPs), and telecom providers with a fully aligned data centre suite for this unique cooling technology.

Market Coverage

• The market number available for - 2020-2027

• Base year- 2020

• Forecast period- 2021-2027

Segment Covered-

• By Platform

• By Application

Regions covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape: BAE Systems plc, Lockheed Martin Corp., and Raytheon Technologies Corp., among others.

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Global Data Center Colocation Market Report by Segment

By Solution Type

• Wholesale Colocation

• Retail Colocation

By End-user

• BFSI

• Manufacturing

• IT and Telecommunications

• Healthcare & Lifesciences

• Government

• Media and Entertainment

Global Data Center Colocation Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

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