Global Data Center Colocation Market (2016 – 2022)

Date: 2016-11

“The ever growing need for additional data storage capacity to meet internal and external IT demands has led to the growth of the growth of data center colocation market. Data centers have emerged to assist in business expansion without being worried about in-house data center capacity. It is an easy way out for SME’s to not worry about investing in technology, yet expanding businesses seamlessly. Colocation data center offers a platform that needs zero upfront cost. Enterprises with local presence, in particular, have been following the trend of leasing space from colocation providers.
Global Data Center Colocation Market attained a market size of $28,926.2 Million in 2015 and is expected to reach $66,948.0 Million by 2022 growing at a CAGR of 12.8% CAGR during 2016 – 2022.


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