Data Center Colocation Market Trends, Size, Competitive Analysis 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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