According to SPER Market Research, the Data Centre Colocation Market is service that enables businesses and organisations to rent space for servers and other computing devices. Because it helps businesses with data centre management, planning, operational strategies, risk management, and other areas, data centre colocation is becoming more and more in demand. They have an IP system, a cooling unit, and a facility for power backup. A business or organisation that is unable to build its own colocation data centre will buy cabinets or racks from other colocation data centres to fill the space. Colocation data centres are less expensive, more dependable, easily scalable, and more easily positioned near the users than previously employed data centres.
The COVID-19 outbreak has a favourable effect on the growth of the data centre colocation market since colocation technologies assist businesses meet the high capacity demands of internet traffic. In order to supply data centre colocation services with good performance amid the heightened traffic demand, it is becoming increasingly important to confirm that the suppliers of such services have the necessary capability and capacity. As a result, service providers are investing a lot in data centre colocation across a range of use cases. Additionally, the COVID-19 pandemic presents an opportunity for the data centre colocation market due to the expansion of the over-the-top (OTT) sector, as data centre colocation services support organisations all over the world in achieving their business goals during work-from-home initiatives by ensuring high levels of data security for their priceless data. However, due to the closure of the plant that manufactures the equipment needed to maintain data centres, there have been some delays in the colocation process of maintaining data centres during the global lockdown.
Data Center Colocation Market Overview:
Forecast CAGR (2022-2032): 15.94%.
Forecast Market Size (2032): 271.84 billion.
Impact of COVID-19 on the Global Data Center Colocation Market:
The global economy has suffered as a result of the COVID19 epidemic, and every region has had to deal with the seriousness of the effects. The pandemic flare-up lockdown imposed stringent restrictions on the modern area’s ability to operate, which ultimately caused the production network to be disrupted. Various nations cease manufacturing activities for an unclear length of time. The COVID19 flare-up had a significant influence on the global data centre colocation market, and the lockup estimates complicated the strategic plans. The data colocation market forecasts that despite the epidemic, there is still a lot of interest in the sector and that it will expand dramatically in the coming months. The development will continue to be centered on accepting remote working practices and maximizing businesses’ use of information. The capacity of the market for information colocation is influenced by each of these elements.
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Data Center Colocation Market Key Segments Covered:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Type:
- Retail Colocation
- Wholesale Colocation
By Organization Size:
- Small and Medium Scale Enterprise
- Large Scale Enterprise
By Industry Vertical:
- Banking Financial Services and Insurance (BFSI)
- Information Technology (IT) and Telecommunication
- Manufacturing
- Energy and Utilities
- Others
By Deployment Type:
- Cloud
- On-Premises
By Region:
Asia-Pacific
Europe
Middle East
Africa
North America
Latin America
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography
Data Center Colocation Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; AT&T Inc., Cogent Communications, CoreSite Realty Corporation, Cyxtera Technologies Inc, Digital Realty Trust, Inc, DuPont Fabros Technology Inc., Equinix, Inc, Fibernet Inc, Keppel Data Center Pte Ltd., NTT Communications Corporation, PhoenixNAP, Rahi Systems Inc, Verizon Communications, Inc.
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Data Center Colocation Market Trends
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