Data Center Colocation Market Size To Reach USD 58140 Million By 2026 at a Cagr of 8.3% - Valuates Reports
BANGALORE, India, April 22, 2021 /PRNewswire/ -- The Data Center Colocation Market is segmented by Type - Retail colocation, Wholesale colocation , By Application - Small and Medium-Sized Enterprises (SMEs), Large Enterprises. This report covers Global Opportunity Analysis and Industry Forecast from 2021 to 2026. This report is published on Valuates Reports in the Web Services Category.
The global Data Center Colocation Market size is projected to reach USD 58140 million by 2026, from USD 33110 million in 2019, at a CAGR of 8.3% during the forecast period 2021-2026.
Major factors driving the growth of data center colocation market size are:
- Rising demand for hybrid cloud technology, virtualization, and increasing network complexities in the data center facilities
- Growing requirement for scalable data centers, reduced overall IT expenditure, lower maintenance cost, increasing reliability, disaster recovery and safety requirements.
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TRENDS INFLUENCING THE DATA CENTER COLOCATION MARKET SIZE
The growing need for uptime reliability for mission-critical applications is expected to drive the data center colocation market size. The network links in colocation data centers are completely redundant, ensuring that customers' mission-critical applications always run uninterrupted. Most colocation facilities are designed with a resilient critical system, a redundant battery backup, and a cooling system, and with a scalable infrastructure that you can take advantage of. Leading colocation sites offer 100% uptime with the help of their robust infrastructure.
Bursting capability along with the cost-efficiency the feature is expected to drive the growth of data center colocation market size. Customers may use colocation centers to burst to higher bandwidth levels to meet their traffic demands without needing to make additional capital investments. Since data bursts are spread out over many users over time, bandwidth costs are greatly reduced.
The growth of the telecommunication sector is expected to increase the growth of the data center colocation market size. The capacity of colocation data centers to provide high connectivity by simply plugging into their networks allows telecom operators to rapidly and easily extend their reach. This feature of data center colocation is expected to increase its adoption in the telecommunication sector. Furthermore, the introduction of 5G networks has resulted in a rise in data center demand, as network service providers' existing data center capacity cannot meet the demand. As a result, the telecom sector's demand for colocation centers is expected to increase in the coming years.
Data center users all over the world are concerned about disaster recovery. Disasters such as earthquakes, security threats, fire outages, and other unplanned events may all affect IT infrastructure facilities. The colocation facilities for data centers are situated away from the users' premises, and these facilities can be operated remotely, enhancing their disaster recovery capabilities. As a result, colocation facilities are expected to become a popular backup and recovery solution as they enable companies to store critical data in a secure location. This trend of using a data center colocation facility as a backup is expected to drive the market.
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DATA CENTER COLOCATION MARKET SHARE ANALYSIS
Retail colocation is expected to hold one of the largest data center colocation market shares during the forecast period. Energy, room, cooling, cabling, and support are all provided by retail colocation. It also offers versatility in terms of IT infrastructure, which is beneficial to Small and Medium-Sized Businesses (SMEs).
Large enterprises are estimated to have the largest data center colocation market share during the forecast period. Large businesses are more likely to use colocation facilities because they can rent large spaces and meet their power and computational requirements. Furthermore, colocation services allow large organizations to fully manage their data center infrastructure. These services also aid in business continuity due to their disaster recovery benefits.
North America is expected to be one of the largest data center colocation market shares. This is due to the abundance of data centers, and it has seen rapid adoption as a result of the availability of comprehensive solutions. The data center colocation market in APAC, on the other hand, is expected to expand at a breakneck pace, making it one of the fastest-growing regions in the world. This is primarily due to the data center traffic volumes in countries like India, Australia, and China.
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Data Center Colocation Breakdown Data by Type
- Retail colocation
- Wholesale colocation
Data Center Colocation Breakdown Data by Application
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
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Based on regional and country-level analysis, the Data Center Colocation market has been segmented as follows:
- North America
- United States
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Mexico
- Brazil
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Key Players
- NTT Communications Corporation
- Dupont Fabros Technology
- Digital Realty Trust
- Cyxtera Technologies
- Cyrusone Inc.
- Level 3 Communications Inc.
- Equinix
- Global Switch
- AT&T
- Coresite Realty Corporation
- China Telecom Corporation Limited
- Verizon Enterprise Solutions
- Interxion Holding NV
- Internap Corporation
- Kddi Corporation
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SIMILAR REPORTS :
- Retail Colocation Market by Product-Type: Small Sized Data Centers, Medium Sized Data Centers, Application: BFSI, IT and Telecommunication, Government & Public, Energy, Retail Solution, Others, by key players, by Regions: North America, Europe, China and Japan, etc.
- The global Colocation market size is projected to reach US$ 110390 million by 2026, from US$ 45330 million in 2019, at a CAGR of 13.6% during 2021-2026.
- Colocation and Managed Hosting (CMH) Market by Product-Type: Tier-I, Tier-II, Tier-III, Tier-IV, Application: Government, Financial Institutions, IT, Telecommunications, by key players, by Regions: North America, Europe, China and Japan, etc.
- The global Green Data Center market size is projected to reach USD 135320 Million by 2026, from USD 40230 Million in 2019, at a CAGR of 18.4% during 2021-2026.
- Virtual Data Center Market Research Report 2021 Size, Share, Growth Analysis, Opportunities, Revenue and Sales, Trends and Developments, Industry Trends, Key Segmentation, Regional Analysis, Porter Five Point Analysis, SWOT Analysis, Forecast 2021-2026.
- Global IDC (Internet Data Center) Market by Product-Type: Shared Facility Centers, Stand-alone Centers, Modular Centers, Pre-Built Centers, Mobile Data Centers, Application: Retail Industry, Insurance Industry, Media Industry, Other, by key players , by Regions: North America, Europe, China and Japan, etc.
- Containerized and Modular Data Center Market by Product-Type: IT Infrastructure Module, Power Module, Cooling Module, Others, Application: BFSI, Retail, Government, IT & Telecommunication, Manufacturing, Others, by key players , by Regions: North America, Europe, China and Japan, etc.
- Global Advanced Modular Data Center Market by Product-Type: All-in-one Functional Module, Individual Functional Module, Application: BFSI, IT and Telecom, Government and Defense, Healthcare, Education, Retail, Energy, Manufacturing, Others, by key players , by Regions: North America, Europe, China and Japan, etc.
- The global data center chip market was valued at USD 7,718.9 million in 2017, and is projected to reach USD 15,641.1 million by 2025, registering a CAGR of 9.4% from 2018 to 2025.
- Hyperscale Data Center Market by Product-Type: Server Infrastructure, Storage Infrastructure, Network Infrastructure, Application: BFSI, IT and telecom, Research and academics, Government and defense, Retail, Manufacturing, Healthcare, Media and entertainment, Others, by key players , by Regions: North America, Europe, China and Japan, etc.
- Smart Customer Data Center Market is segmented By Type - On-premise, Cloud Based, by Application -Large Enterprises, SMEs, by key players , by Regions: North America, Europe, China and Japan, etc.
- The Next Generation Data Center Market is segmented By Type - Hardware, Software, by Application -Government, Healthcare, BFSI, Others, by key players , by Regions: North America, Europe, China and Japan, etc.
- The global Micro-Mobile Data Center market size is projected to reach USD 30560 Million by 2026, from USD 5735 Million in 2019, at a CAGR of 27.0% during 2021-2026. The top three manufacturers are HP, Dell, IBM, respectively with global market share as 7.74%, 3.67% and 6.01% in 2016.
- The global Software-Defined Data Center market size is projected to reach USD 89040 million by 2026, from USD 35850 million in 2019, at a CAGR of 13.4% during 2021-2026.
- The global Data Center Power market size is projected to reach USD 22610 Million by 2027, from USD 14970 Million in 2020, at a CAGR of 5.6% during 2021-2027.
- The global data center cooling market size was valued at USD 10,541.8 million in 2019, and is projected to reach USD 27,308.7 million by 2027, growing at a CAGR of 12.8% from 2020 to 2027.
- The global Cloud Computing market size is projected to reach USD 495840 Million by 2026, from USD 82510 Million in 2019, at a CAGR of 29.2% during 2021-2026.
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