The Global Data Colocation Market is estimated to exhibit a CAGR of 11.90% during the forecast period of 2021-2028 and will reach at an estimated value of USD 100.21 billion by 2028. Rising reduction in the overall IT cost is an essential factor driving the data colocation market.
However, high start-up and maintenance cost and rising stringent government regulations and policies are the major factors among others restraining the market growth.
According to Data Bridge Market Research, the data colocation market will exhibit a significant rise in its market value. Rising requirement for reliability, security, and scalability of infrastructure, increasing costs involved in owning a large infrastructure facility, rising network complexities in the data center facilities, rising disaster recovery and business continuity requirements and rising adoption of hybrid cloud and virtualization will further create new opportunities for the market.
Currently, Asia-Pacific will dominate the global data colocation market owing to the rising internet penetration has enabled seamless streaming of videos online, increasing costs involved in owning a large infrastructure facility and rising demand for hybrid cloud and virtualization technologies in this region.
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The global data colocation market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in Data Colocation Market report
Above are the key players covered in the report, to know about more and exhaustive list of data colocation market companies contact, https://www.databridgemarketresearch.com/toc/?dbmr=global-data-colocation-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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