Table of Contents
- 1 How fast is the data center market growing?
- 2 Is the data center industry growing?
- 3 How many colocation data centers are there?
- 4 What is driving the growth of data centers?
- 5 Why are data centers increasing?
- 6 What is the colocation market?
- 7 What is the difference between a data center and a colocation?
- 8 What country has the most data Centres?
- 9 Which segment is expected to dominate the colocation market in 2020?
- 10 Why are SMEs adopting colocation data center facilities?
How fast is the data center market growing?
Amid the COVID-19 crisis, the global market for Internet Data Centers estimated at US$59.3 Billion in the year 2020, is projected to reach a revised size of US$143.4 Billion by 2027, growing at a CAGR of 13.4\% over the period 2020-2027.
Is the data center industry growing?
How big is the colocation market?
According to our latest market study on “Data Center Colocation Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Enterprise Size, and Application,” the Data Center Colocation Market Size was valued at US$ 50,579.1 million in 2021 and is projected to reach US$ 136,647.9 million by 2028; it is …
How many colocation data centers are there?
4873 colocation data centers
Currently there are 4873 colocation data centers from 129 countries in the index.
What is driving the growth of data centers?
The insatiable desire for data to improve business performance is driving the growth of the data center industry. Cloud storage—the use of cloud computing services and applications continues to grow rapidly in the U.S., thereby leading to the establishment of large colocation cloud-based data centers.
Why are data centers growing?
The global data center market size has witnessed a significant boost since the outbreak of the COVID-19 pandemic across the globe. The demand for data centers has increased because of the increased access to internet-related services aided by nation-wide lockdowns imposed by governments worldwide.
Why are data centers increasing?
What is the colocation market?
b. The global data center colocation market size was estimated at USD 44.42 billion in 2020 and is expected to reach USD 49.21 billion in 2021….
| Report Attribute | Details |
|---|---|
| Market size value in 2021 | USD 49.21 billion |
| Revenue forecast in 2028 | USD 117.82 billion |
| Growth Rate | CAGR of 13.3\% from 2021 to 2028 |
What is colocation vs cloud?
The main difference between cloud and colocation is how data is managed and stored. In cloud, servers are owned by the cloud provider and data is managed virtually. In colocation, servers are not owned by the colocation facility, but instead by the business that is leasing the space.
What is the difference between a data center and a colocation?
A data centre is a purpose-built facility designed to efficiently store, power, cool and connect your IT infrastructure. Colocation is one of many services data centres provide, and is the act of hosting your IT hardware (like servers) outside of your premises and in a data centre.
What country has the most data Centres?
Top 10 Countries with the most data centres
- U.S. The U.S. has the most data centres in the world, the country has 2670 in total.
- UK. The UK houses 452 data centres in total, 70 of which are based in the country’s capital city, London.
- Germany.
- China.
- Netherlands.
- Australia.
- Canada.
- France.
What is the size of the global data center colocation market?
Report Overview The global data center colocation market size was valued at USD 44.42 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 13.3\% from 2021 to 2028. Data centers have emerged as an inseparable part of modern business practices responsible for running critical business applications.
Which segment is expected to dominate the colocation market in 2020?
In terms of revenue, the retail type segment dominated the market with a share of over 72\% in 2020 and is estimated to retain the leading position throughout the forecast period. Retail colocation enables enterprises to rent a part of space within a data center.
Why are SMEs adopting colocation data center facilities?
As such, SMEs find it suitable to adopt colocation data center facilities rather than owning and operating them, thereby driving the segment growth. The IT & telecom segment led the global market with a revenue share of more than 27\% in 2020.
Are colocation data centers a boon or Bane to your business?
As the demand for data centers surged through the last couple of years, cloud and colocation became a vital asset for several businesses that need to scale up their IT capabilities. Colocation data centers were a boon for enterprises that needed quick IT upscaling; however, they lacked the expertise or monetary resources required to do so.