Gmi Research's blog : Data Center Colocation Market share & size
Data Center Colocation
Market
GMI Research
anticipates that the Data Center Colocation Market to witness a
significant Compound Annual Growth Rate over the forecast period (2020-2027).
The major factor driving the growth of data center collocation
market include emerging need for reducing the IT Expenditure around the world. Its ability to provide glitch-free storage of portable technology
along with increasing demand for IoT and public cloud services are expected to
increase Data Center Colocation Market
size in the coming years. Data center colocation provides several
benefits such as high reliability for accommodating traffic burst and it helps
the businesses to scale their operations by eliminating the need to invest in
new infrastructure or support in the process, which will increase the growth of
Data Center Colocation in the approaching years.
However, the
growth of Data Center Colocation Market is hindered due to high investment
required for setting up IT Equipment in data center facility. The remote
support for maintenance activities put on additional cost on consumers, which
might restrict the growth of Global Data Center Colocation
Market in the near future.
Some of the
leading players, operating in the market are CyrusOne Inc., AT&T, CoreSite
Realty Corporation, Global Switch, NTT Communications Corporation, Equinix, Fujitsu
Limited, Cyxtera Technologies and Verizon Communications Inc. among others.
Solution Type: Segment Analysis
Based on the
solution type, the wholesale colocation segment is anticipated to grow at a significant
rate during the forecast period due to growing demand for commercial space for
assembling servers and huge volume of data.
End-Use Industry: Segment Analysis
Based on the end-use industry, the IT and
telecommunication segment is anticipated to capture a substantial share in the
market due to increasing number of mobile internet users across the world. As
per the report from Statista, the active mobile internet users across the
world, were around 4.32 billion in 2021.
Regional: Segment Analysis:
Based on region, North America is expected
to hold a notable market share during the forecast period, due to increasing
demand for e-healthcare services and growing usage of e-commerce platforms. The
number of active internet mobile users in Canada has increased from 32.6 million
in 2016 to 36.39 million in 2021, which would increase the growth of data
colocation market in the coming years.
On the other hand, Asia-Pacific region is
expected to grow at a significant rate attributed to increasing volumes of data
traffic centers in countries such as South Korea, India, and China. As per the
report from McKinsey, India emerged as the second fastest-growing digital
economy and it predicts that IT and communications sector will double its size
by 2025, and it will contribute around $355-435 billion to the GDP.
Market Segmentation
Global Data Center Colocation Market by Solution Type
·
Wholesale Colocation
·
Retail Colocation
Global Data Center Colocation Market by Organization Size
·
Small and Medium Enterprises
·
Large Enterprises
Global Data Center Colocation Market
by End-Use Industry
·
BFSI
·
Manufacturing
·
IT and Telecommunications
·
Healthcare & Lifesciences
·
Government
·
Entertainment and Media
·
Others
Global Data Center Colocation Market
by Region
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of
America
o
Canada
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
About GMI
Research
GMI Research is a market research and
consulting firm which provides market insights and intelligence across 12 major
sectors helping our clients in making effective investment and business
decisions.
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