Forecast 2029: Key Driving Factors for the Growing CAGR Value in the Data Center Colocation Market: SWOT Analysis.

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Data Center Colocation Market size was valued at US$ 51.06 Billion in 2021 and the total Data Center Colocation revenue is expected to grow at 14.75% through 2022 to 2029, reaching nearly US$ 153.50 Billion.

A global market research and intelligence report on Data Center Colocation has been released by The Maximize Market Research. Developing countries in the APAC area, including India, Malaysia, and Malaysia, are creating more market potential for orange extract. For the major companies in the sector, Bangladesh and Vietnam present profitable potential. The 34 nations that are supposedly desirable travel destinations for industrial stakeholders are covered by the report from around the world. The primary actors chosen for profiling and benchmarking are chosen based on their geographical dominance, global reach, and likely investment criteria.

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Data Center Colocation Market Overview:

In-depth analysis of statistics on current and emerging trends sheds light on the dynamics of the Data Center Colocation Market. The paper discusses Porter's five forces in order to assess the significance of numerous elements, such as dangers posed by diverse agents, competitive strength, and promising young businessmen to comprehend a resource. The research did a micro level analysis of each country to establish the total market size by countries and segments. Using a bottom-up approach, the size of the regional and global markets is estimated. It is feasible to ascertain the contribution of the unorganised market to the size of the overall market by performing a micro level analysis of each country. Interviews with influential businessperson in the area are then used to confirm the findings. This study is unique and an investor's guide due to the SWOT analysis of each player, PESTLE analysis, and Porter's analysis benchmarking of major players on several metrics. Each player's supply and consumption data is derived from official government sources, third-party databases, and, in the case of listed companies, annual reports. If a company's annual reports are not made public, it is possible to request them through the tax division of the local government.

Data Center Colocation Market size was valued at US$ 51.06 Billion in 2021 and the total Data Center Colocation revenue is expected to grow at 14.75% through 2022 to 2029, reaching nearly US$ 153.50 Billion.

Data Center Colocation Market Dynamics:

A major factor driving the growth of the data center Service colocation market is the growing requirement to minimize the IT expenditure and deploy other cost-effective alternatives. There is a progressing requirement to reduce the IT expenditure spent to deploy data center facilities which are vital to the function of corporates. Data center colocation provides the required robustness and cost-effective alternatives to manage the daily data requirement. Hence this has become the major driver of the data center colocation market. However, high initial investment costs are expected to make the end-users second guess before endorsing these solutions.

A crucial restraint in the market is the cost required for the initial installation of IT devices in the data center buildings is very high. Businesses choosing to lease colocation facilities are required to buy their own IT systems. The companies also have to ship the systems to the colocation centers. The price of shipping the systems changes on the size and weight of the systems. The cost and intricacies involved in the initial installation of data infrastructure are noticeably higher. After installation of these systems in the colocation buildings, companies also have to maintain activities related to the systems. These maintenance activities are performed away from the sites of the data center location, which increases the maintenance cost. The colocation facilities are embedded with remote maintenance support. However, these services are associated with additional costs for the consumers. This added launch and maintenance cost is projected to act as a limitation to the growth of the global data center colocation market.

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Data Center Colocation Market Segmentation:

By Type, the market is segmented into retail and wholesale colocation. The retail colocation segment held the highest share in the data colocation market in the year 2021. This was attributed to high operational space allocated to retail colocation i.e. 120 million square feet in 2021. The retail colocation sub-segment is also projected to witness a high CAGR of 7.6% in the forecast period.

By End-User, the market is segmented into small medium-sized enterprises and large enterprises. Even though large enterprises accounted for slightly high share than that of medium and small enterprises in 2021; the SME segment is projected to grow at a high CAGR of 8.3% in the forecast period (2021-2029). Large enterprises are inclined toward endorsing colocation services because they can lease large spaces and achieve their power and networking specifications. The global demand for colocation facilities from large enterprises is projected to gain a CAGR of 10% by 2029.

By Industry, the market is segmented into BFSI, IT and telecom, Government and defense, Healthcare, Research and academics, Retail, and Others. IT and telecom segment held the highest share followed by Banking, Financial and Insurance sector as well as government sector in the year 2021. The IT Telecom segment is projected to witness a CAGR of 10.3% in the forecast period (2021-2029). This is followed by the government and defense sub-segment with a 9.4% CAGR in the same forecast period. The healthcare sub-segment also has high growth opportunities in the forecast period (2021-2029) due to constant monitoring of patient data and storage which significantly increased since the COVID-19 pandemic in 2021.

The research offers a thorough analysis of the market's presence across numerous industries and countries. By doing a detailed geographic analysis of the industry, the research analyst seeks to identify untapped development potential that may be used by companies in various parts of the world. Global Data Center Colocation Market research offers precise information that helps market participants successfully compete with their biggest rivals based on growth, sales, and other important factors. Significant market elements like market drivers and barriers are distinguished from crucial development prospects and industry trends in the research study.

Key players:

• SunGard availability services
• KDDI Telehouse Corporation
• Global Switch Corporation
• Fabros Technology, Inc.
• Verizon Communication, Inc.
• DuPont and American Telephone Telegraph, Inc.
• China Telecom Corp. Ltd.
• CoreSite Realty Corp.
• CyrusOne, Inc.
• Cyxtera Technologies, Inc.
• Digital Realty Trust, Inc.

Reasons to Purchase the Data Center Colocation Market Report:

  • A thorough review of the global market
  • Regionally-specific market drivers, restraints, opportunities, and challenges.
  • There is a plethora of knowledge about market dynamics and prospects for the anticipated time range in the Maximize Market Research (MMR) study.
  • Explicitly describe market segmentation and market share.
  • Data on national, regional, and sub-regional supply and demand trends are supplied
  • Recent business trends and developments

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