Data Centre Colocation Market Size, Competitive Landscape and Market Forecast - 2030

Data Centre Colocation Market is segmented By Type (Retail Colocation, Wholesale Colocation), By Industry Type (Banking, Financial Services, and Insurance, IT and Telecom, Healthcare, Government and Defence, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.

Data Centre Colocation Market Overview

Report analyses the Global Data Centre Colocation Market size, shares, recent trends, competitive intelligence, and future market outlook. Data Centre Colocation usage in Maintenance and Security is on the rise. Demand from Banking, Financial Services, IT and Telecom, Healthcare, Government and Defence in North America is booming. Competitive rivalry intensifies with Equinix, Inc, CyrusOne, NTT Communications and others operating in the market.

Datacenter colocation is the service provided by the company, which includes a shared and secure space for enterprise businesses to store hardware related to data storage. Increasing demand for portability, data integration, and maintenance is the further driving trend for cloud-based data center colocation or hybrid colocation.

Data Centre Colocation Market Scope and Summary

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Data Centre Colocation Market Dynamics and Trends

• The benefits such as maximum server uptime, reduced maintenance, and payroll costs associated with data center colocation are driving the market growth in recent years.

• However, raising concerns about data security and transparency are affecting the market growth. The development of Datacenter Infrastructure Management (DCIM) tools that offer more clarity on how one’s data is handled and secured will further drive the data center colocation market in the forecast period to 2025.

Data Centre Colocation Market Segmentation Analysis:

• By type, the market is segmented as retail and wholesale. The retail colocation segment accounted for a significant share due to increased data center utilization as a part, of usage by most business enterprises.

• The retail colocation segment is expected to have continued growth with increasing demand for data centers by increasing new companies over the forecast period to 2025.

• Industry type market is segmented as banking, financial services, and insurance (BFSI), it and telecom, healthcare, government and defense, and others.

• The healthcare segment is expected to have an increased growth rate in the coming years due to increased regulatory compliance and efficient solutions for maintaining patient data and also digitization of consumer health records.

Data Centre Colocation Market Geographical Share:

• By Geography the market is segmented into the Americas, Europe, Asia Pacific, and the Rest of the World. Americas accounted for a significant share in the global data center colocation market in 2017, however, this share is expected to be overtaken by the Asia Pacific region in the forecast period, due to increasing market growth from emerging countries such as India and China

Data Centre Colocation Market Companies and Competitive Landscape:

• The competition in the industry is mainly due to the increasing presence of small and large-scale service providers globally. The key players in the Data Centre Colocation market are Digital Realty Trust, Equinix, CenturyLink, CyrusOne, China Telecom Corporation Limited, and others.

• The players in the industry are offering DCIM and AIM solutions to be competitive in the market, as there is an increasing demand for transparency and security of their data.