Over $ 33 Billion growth expected in Global Data Center Colocation Market 2020-2024 | Technavio

NEW YORK, June 15, 2021 /PRNewswire/ -- The data center colocation market is expected to grow by USD 33.09 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the data center colocation market in optimistic, probable, and pessimistic forecast scenarios.

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With the continuing spread of the coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

The data center colocation market is driven by the growing number of M&A. In addition, an increasing number of investments in the construction of colocation data centers is expected to positively influence the data center colocation market during the forecast period.

Learn more interesting insights and statistics about the global data center colocation market:
www.technavio.com/statistics/data-center-colocation-market-size

Major Five Data Center Colocation Market Participants:

AT&T Inc.: The company offers colocation ecosystem which integrates highly connected data center hubs to provide high performance private connections through more than 465 facilities globally.

BT Group Plc: The company offers data center colocation services from 48 global data centres, which are equipped with high standards of connectivity, security, atmospheric control, and power.

China Telecom Global Ltd.: The company offers colocation data centers with integrated IDC services to provide convenient and high-quality solutions.

Digital Realty Trust Inc.: The company offers cloud neutral data center colocation services primarily in Europe through its subsidiary Interxion.

Equinix Inc.: The company offers certified colocation data centers integrated with advanced security equipment, CRAC air-handling units, and full Uninterruptible Power Supply (UPS) systems.

Data Center Colocation Market 2020-2024: Segmentation

Data center colocation market is segmented as below:

• Type
• Retail Colocation
• Wholesale Colocation
• Geography
• North America
• APAC
• Europe
• MEA
• South America

Gain more insights about the global trends impacting the future of the data center colocation market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR45243

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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Report: www.technavio.com/report/data-center-colocation-market-industry-analysis

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