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Data Center Colocation Market Report Size, Demand and Analysis Report

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The Data Center Colocation market is expected to grow from USD 44.52 billion in 2019 to USD 121.85 billion by 2025 at a CAGR of 15.47% from 2020 to 2025.

The global data center colocation market is expected to raise in the near future due to the growing number of users. The increasing awareness to reduce carbon footprint is an important factor driving the data center colocation market. Data center colocation offers a cost-effective as well as energy-efficient data center solutions to end users. This aids in increasing business potential by reducing operational expenditure.   Data center colocation refers to process of renting out physical space, network bandwidth and other resources by an organization within an existing data center. The process allows sharing of exiting data center resources for deploying and hosting data center services for external organizations. The increasing need to expand, move or consolidate data centers is encouraging companies to shift towards colocation services for reducing cost and increasing operational reliability and security.  The requirement of reliable, secure and scalable data center is the main force driving the global data center colocation market.  Separately from this, the need to reduce overall operational cost in the IT industries is another factor fueling the global data center colocation market. Wholesale data center colocation provides large IT spaces to users and it has an effective cooling and power infrastructure.

View Complete Report: @ https://marketreportslibrary.com/report/ic0276/data-center-colocation-market

The global Data Center Colocation market has been segmented as below:

By Industry

  • Research and academics

  • Retail

  • Energy

  • Manufacturing

  • Others

  • Banking, Financial Services, and Insurance (BFSI)

  • IT and telecom

  • Government and defense

  • Healthcare

By End User

  • Large Enterprises

  • Small and Medium-Sized Enterprises (SMEs)

By Type

  • Wholesale colocation

  • Retail colocation

By Service

  • Antibody Production & Purification

  • Antibody Fragmentation & Labeling

  • Antibody Development

By Region

  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World

Competitive Rivalry

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), Verizon Enterprise Solutions, Inc. (US), and others are among the major players in the global Data Center Colocation market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

Request a Sample of this Report: @ https://marketreportslibrary.com/request/sample/ic0276/data-center-colocation-market

Explore other reports from ”information and communications technology” sector @ https://marketreportslibrary.com/category/information-and-communications-technology

 

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