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The data center colocation market size is forecast to increase by USD 66.57 billion at a CAGR of 14.8% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for network connectivity, resource utilization, and proximity to major internet exchange points. Online shopping and online streaming services have driven the need for reliable network operations and network security, leading businesses to opt for colocation services instead of maintaining on-premises data centers. Power infrastructure and redundant power supply are critical factors in ensuring network uptime and the market is witnessing innovations in power management, including the adoption of renewable energy and resource allocation. Rack space utilization and proximity to major business hubs are also key considerations for retail and enterprise businesses. The emergence of containerized data centers offers flexibility and cost savings, making them an attractive option for businesses looking to expand their IT infrastructure. Overall, the market is poised for growth, driven by the need for reliable network connectivity, power infrastructure, and resource utilization.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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