Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 56291.70 Million | USD 1350315.73 Million | 15.7% | 2021 |
FrequentlyAsked Questions
Increasing digitization, rising adoption of cloud technology, and increasing demand for data management are some major trends that guide data center colocation market growth.
According to a study, the global data center colocation market size was worth around USD 56291.70 million in 2021 and is expected to reach USD 1350315.73 million by 2028 at a CAGR of 15.7% 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), and Verizon Enterprise Solutions, Inc. (US), among others.
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