Data center colocation enables an organization to rent office space for servers, network or internet bandwidth within an existing data center to deploy its own data center. Data Center Colocation Market is expected to grow at 13.6% CAGR during the forecasted period. Data center colocation provides cost-effective and energy-efficient data center solutions to the users. The global data center colocation market is expected to register significant growth during the forecast period. Data center colocation center reduces the operational expenditure and enhances the business potential resulting in the growth of the market. Furthermore, collaboration among service providers and companies to increase their digital reach tends to drive the market share of data center colocation. For instance, in March 2019, Microsoft and Telecom Egypt entered into a collaboration to provide Microsoft cloud network in Egypt. Moreover, major companies are managing their business data through data center colocation hosting as installing infrastructure facility involves a high cost that propels enterprises to adopt data center colocation services.
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The data center colocation market is segmented on the basis of solution type, and verticals. Based on the solution type, data center colocation market is bifurcated into wholesale colocation and retail colocation. Data center colocation services enable a massively scalable and secure data center architecture. These services are expected to fuel the market growth, as organizations and enterprises are increasingly adopting these services to cater to the rising data center traffic. On the basis of verticals, data center colocation market is segmented into BFSI, IT and telecom, healthcare, government & defense, and others. Data center colocation in the healthcare segment is expected to register significant growth over the forecast period owing to huge data generation in the industry. Many healthcare departments are collecting data from clinical trials and various outpatient records for analyzing such data and deriving meaningful analysis from these data.
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Global Data Center Colocation Market Segmentation
By Solution Type
Retail Colocation
Wholesale Colocation
By Verticals
BFSI
IT & Telecom
Healthcare
Government & Defense
Others
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
AT&T Inc.
BT Group PLC
CoreSite Realty Corp.
China Telecom Corp. Ltd.
China Unicom Ltd.
CyrusOne, Inc.
Cyxtera Technologies, Inc.
Digital Realty Trust, Inc.
Equinix, Inc.
IBM Corp.
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