Data Center Colocation Market to Witness Astonishing Growth by Forecast 2023-2030
The Global Data Center Colocation Market size is expected to grow from USD 70.24 billion in 2022 to USD 181.51 billion by 2030, at a CAGR of 12.6 % during the forecast period (2023-2030).
The process of renting out data centre space and infrastructure, such as power, network bandwidth, physical security, and cooling components, to end users is included in the data centre colocation market. These facilities are divided into two main categories, namely retail colocation and wholesale colocation, according on the needs of the customers. While wholesale colocation entails renting complete rooms and facilities to house IT equipment, retail colocation gives customers the choice to rent space, racks, and cages. The data centre colocation industry is anticipated to expand as a result of how much less money businesses must spend overall on IT. The need for data centres and colocation services has increased due to the increasing volume of data coming from social media and Over-The-Top (OTT) platforms.
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The Global Data Center Colocation Market size is expected to grow from USD 70.24 billion in 2022 to USD 181.51 billion by 2030, at a CAGR of 12.6 % during the forecast period (2023-2030).
The process of renting out data centre space and infrastructure, such as power, network bandwidth, physical security, and cooling components, to end users is included in the data centre colocation market. These facilities are divided into two main categories, namely retail colocation and wholesale colocation, according on the needs of the customers. While wholesale colocation entails renting complete rooms and facilities to house IT equipment, retail colocation gives customers the choice to rent space, racks, and cages. The data centre colocation industry is anticipated to expand as a result of how much less money businesses must spend overall on IT. The need for data centres and colocation services has increased due to the increasing volume of data coming from social media and Over-The-Top (OTT) platforms.
You can access a sample report here:
https://introspectivemarke...
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10:56 AM - Jan 10, 2024 (UTC)
