Data Center Colocation Services Top 10 Growth Opportunities in 2024 - Demand from OTT Content and Gaming Industries

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Mar 08, 2024, 13:45 ET

DUBLIN, March 8, 2024 /PRNewswire/ -- The "Top 10 Growth Opportunities in Data Center Colocation Services, 2024" report has been added to ResearchAndMarkets.com's offering.

The data center colocation industry has seen significant growth in recent years, driven by the increasing demand for data storage and processing requirements. Public cloud service providers, enterprises, and governments are increasingly reliant on best-in-class data centers and digital infrastructure. A growing trend among enterprises is to outsource their infrastructure operations to third-party colocation service providers, creating additional growth opportunities.

The hyperscale market segment continues to drive demand from customers beyond public cloud service providers to OTT content, gaming, and now even banking verticals in several countries. An estimated 28% of enterprises plan to use more than 2MW of IT load capacity within the next 24 months, indicating a significant increase in capacity requirements. In the retail segment, enterprises across industry verticals continue to invest in digital transformation and adopt robust and reliable colocation infrastructure to support the data computing and processing requirements.

To meet the demand, colocation service providers need to focus on scaling up their space and power capacities while also implementing tools and technologies to differentiate themselves. Colocation service providers will prioritize sustainability targets, edge strategies, and a comprehensive digital ecosystem.

Top 10 Growth Opportunities

Hyperscale Demand
High-Density Racks as a Differentiator
Building a Sustainable Value Proposition
Leveraging Artificial Intelligence for Optimizing Operations
Integrated Edge Data Center Strategy
Generative AI Enabling Data Center Infrastructure
Demand from OTT Content and Gaming Industries
AI-Enabled Data Center Infrastructure Management Software
Carrier-Neutral Facilities for Retail (Enterprise) Segment
Investments in an Emerging Strategic Location

For more information about this report visit https://www.researchandmarkets.com/r/unajjl

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SOURCE Research and Markets