Data Center Colocation Market

Global Data Center Colocation Market: Overview

The players in the global data center colocation market deal with providing players in the data center industry with essentials such as network bandwidth, cooling components, power, and physical security, among others. The products and solutions offered by the players and service providers in the global data center colocation market are used in various end use industry verticals, including IT and telecom, media and entertainment, health care, retail, manufacturing, banking, financial institutes, and insurance, transportation and logistics, government and defense, research and academic, and energy, among others. These solutions offered by the players in the global data center colocation market can be used by both large as well as small and medium sized enterprises. Segments in the global data center colocation market according to type are wholesale as well as retail.

The research report carefully examines the changes and shifts that occurred in the landscape of the global data center colocation market in the recent past. It also evaluates the trajectory of the global data center colocation market in accordance to the data acquired through meticulous survey of numerous primary as well as secondary sources. The research authors explain the current landscape of the global data center colocation market in great detail, providing all the valuable information required by the industry stakeholders to make informed corporate decisions. It also guides the readers on the historic as well as emerging trends that may have a considerable impact on the shifting commercial landscape of the global data center colocation market over the study’s forecast period i.e. 2021 to 2031.

Global Data Center Colocation Market: Major Trends and Drivers

The increasing requirement for data centers that are scalable, rising complexities in data centers, and reduction in overall expenditure aimed at IT are some of the most salient development factors propelling the growth within the global data center colocation market. Furthermore, increasing demand from end users such as BFSI, government and defense, and IT and telecom is also bolstering the development within the global data center colocation market. However, the rising requirement for security in data centers as well as the growth in government regulations pertaining to data centers may challenge the growth in the global data center colocation market in near future.

The rising need to diminish the costs associated with IT infrastructure and processes is yet another significant driving factor, motivating the rapid adoption of effective solutions from the global data center colocation market. On the other hand, high costs associated with initial startup as well as for the maintenance of these facilities may hamper the growth within the global data center colocation market in coming years. However, the players in the global data center colocation market may get an attractive opportunity on the back of business continuity as well as rising disaster recovery requirements.

Global Data Center Colocation Market: Key Players and Manufacturers

Few of the leading incumbent players and service providers functional within the global data center colocation market include Digital Realty Trust, Inc., CyrusOne, Inc., Global Switch, CoreSite Realty Corporation, Verizon Enterprise Solutions, Inc., NTT Communication Corporation, Cyxtera Technologies, Inc., Equinix Inc., AT & T, Inc., and China Telecom Corporation Limited, among others. Players operational within the global data center colocation market are focused on data center expansion as well as launching of new data centers in order to enhance their industry positioning.

For example, NTT Communication Corporation expanded their data center network through launching 10 Gbps network in order to connect their enterprise cloud for collocated enterprises at more than 30 data centers across the world in June of 2017. Additionally, NTT also launched Germany Munich 2 Data Center in May of 2017 in order to offer enhanced server space of 5600 square meters. Some of the key solutions offered by the NTT Communication Corporation in global data center colocation market include mobile communication, security solution outsourcing, data center colocation and hosting, web communications, broadband communication, teleconferencing services, and IP transmission services, among others.