According to the latest report by IMARC Group, titled "Data Center Colocation Market Report by Type (Retail Colocation, Wholesale Colocation), Organization Size (Small and Medium Enterprises, Large Enterprises), End Use Industry (BFSI, Manufacturing, IT and Telecom, Energy, Healthcare, Government, Retail, Education, Entertainment and Media, and Others), and Region 2025-2033," the global data center colocation market reached a value of USD 72.5 Billion in 2024. Data center colocation is a solution that allows enterprises to rent out a physical facility, network bandwidth and other computing resources within an existing data center. The leased space is often equipped with power backup facilities, in-built networking components, information protocol (IP) systems and cooling units that are widely accessible in retail and wholesale setups. These services are extensively used by companies as they improve their business potential by enabling the employees to focus on core business functions and reducing the overall operational expenditure. These solutions are extremely reliable and easily scalable, due to which they are widely utilized across numerous industry verticals, including energy, retail, government, healthcare and information technology (IT).
Global Data Center Colocation Market Trends:
The global market is primarily driven by the increasing adoption of digitization across several industries. This has led to the rising demand for hybrid cloud computing and virtualization systems, which has provided an impetus to the demand for data center colocation services across the globe. Additionally, there has been an escalating demand for secure and scalable infrastructure for efficient data recovery and business continuity requirements, which is acting as another major growth-inducing factor. The market is further driven by the increasing volumes of data from social media platforms and over-the-top (OTT) media services, which has created an escalating need for reliable data centres. Moreover, the increasing adoption of the Internet-of-Things (IoT) across numerous organizations has led to the growing demand for higher network bandwidths and faster data processing with lower latency and faster connectivity. Colocation data centers are increasingly preferred by end users to fulfill such requirements in an efficient manner. Some of the other factors contributing to the market growth include the emergence of 5G, widespread demand for data storage facilities from the e-commerce sector and the continual improvements in the IT infrastructure. Looking forward, the market value is projected to reach USD 185.0 Billion by 2033, expanding at a CAGR of 11% during 2025-2033.
Market Summary:
- On the basis of the type, the market has been bifurcated into retail and wholesale colocations.
- Based on the organization size, the market has been divided into small and medium enterprises, and large enterprises.
- On the basis of the end use industry, the market has been classified into BFSI, manufacturing, IT and telecom, energy, healthcare, government, retail, education, entertainment and media, and others.
- On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include AT&T, Inc., CenturyLink Inc., China Telecom Corporation Limited, Coresite Realty Corporation, Cyrusone Inc., Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Global Switch Limited, Internap Corporation, KDDI Corporation, NTT Communications Corporation (Nippon Telegraph and Telephone Corporation) and Verizon Enterprise Solutions Inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
Billion USD |
Segment Coverage |
Type, Organization Size, End Use Industry, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
AT&T Inc., CenturyLink Inc., China Telecom Corporation Limited, Coresite Realty Corporation, Cyrusone Inc., Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Global Switch Limited, Internap Corporation, KDDI Corporation, NTT Communications Corporation (Nippon Telegraph and Telephone Corporation) and Verizon Enterprise Solutions Inc. |
Customization Scope |
10% Free Customization |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800