Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 58.91 Billion | USD 258.88 Billion | 16.1% | 2024 |
FrequentlyAsked Questions
The global data center colocation market is expected to grow due to increasing cloud adoption, rising demand for data storage and processing, and the need for businesses to reduce capital expenditure and improve operational efficiency.
According to a study, the global data center colocation market size was worth around USD 58.91 Billion in 2024 and is expected to reach USD 258.88 Billion by 2034.
The global data center colocation market is expected to grow at a CAGR of 16.1% during the forecast period.
North America is expected to dominate the data center colocation market over the forecast period.
Leading players in the global data center colocation market include NTT Communication Corporation (Japan), Digital Realty Trust Inc (US), Cyxtera Technologies Inc (US), CyrusOne Inc. (US), Equinix Inc (US), Global Switch (UK), AT&T Inc (US), CoreSite Realty Corporation (US), China Telecom Corporation Limited (China), Veri, among others.
The report explores crucial aspects of the data center colocation market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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