GITNUX MARKETDATA REPORT 2024

Data Colocation Industry Statistics

The data colocation industry is expected to see continued growth driven by increasing demand for secure and efficient data storage and management services.

With sources from: researchandmarkets.com, synergyresearch.com, zionmarketresearch.com, jll.co.in and many more

Statistic 1

Global colocation data center market was valued at approximately USD 31.39 billion in 2017.

Statistic 2

The global market of data center colocation is foreseen to noticeably grow during the forecast period of 2020 to 2030 at a CAGR of 14%.

Statistic 3

In 2020, the global colocation industry accounted for 37.8% of total hyperscale data center space.

Statistic 4

Asia-Pacific is expected to register the highest CAGR of 17.88% in the global colocation market from 2020 to 2027.

Statistic 5

North America accounted for the highest market size of USD 18,176.9 Million in the global data center colocation market in 2017.

Statistic 6

Retail colocation accounted for 71.51% of the revenue in the global colocation market in 2020.

Statistic 7

Retail colocation is expected to reach USD 54.8 billion by 2027, growing with a CAGR of 15.4% from 2020 to 2027

Statistic 8

Large enterprises accounted for around 70% revenue share in the data center colocation market in 2020.

Statistic 9

Retail colocation has accounted for the largest share of approximately 73% in 2019 in the global colocation market in terms of service type.

Statistic 10

Small and medium-sized enterprises (SMEs) are expected to grow at the highest rate in the colocation data center market.

Statistic 11

Cloud and IT services are projected to dominate the end-user segment with a market value of nearly USD 16 billion by 2024.

Statistic 12

The US accounted for the largest market share in the global data center colocation market, contributing to over 45% of total revenues in 2019.

Statistic 13

The managed hosting market size is estimated to grow from USD 32.39 billion in 2016 to USD 92.08 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.2%.

Statistic 14

Nearly 90% of colocation customers are looking to lease capacity in edge markets.

Statistic 15

COVID-19 increased cloud adoption rate by 60% driving demand for the data center colocation market.

Statistic 16

‘Green’ co-location data center market to grow at a CAGR of over 14% by 2025.

Statistic 17

As of 2021, Equinix leads the retail colocation market, with a share of 9.5%.

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In this post, we will delve into key statistics surrounding the data colocation industry, shedding light on the evolving landscape of global colocation data centers. From market valuations and growth projections to regional trends and end-user segments, these statistics offer valuable insights into the current state and future prospects of the industry. Whether you’re a seasoned industry professional or simply curious about the world of data colocation, these data points will provide a comprehensive overview of this dynamic sector.

Statistic 1

"Global colocation data center market was valued at approximately USD 31.39 billion in 2017."

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Statistic 2

"The global market of data center colocation is foreseen to noticeably grow during the forecast period of 2020 to 2030 at a CAGR of 14%."

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Statistic 3

"In 2020, the global colocation industry accounted for 37.8% of total hyperscale data center space."

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Statistic 4

"Asia-Pacific is expected to register the highest CAGR of 17.88% in the global colocation market from 2020 to 2027."

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Statistic 5

"North America accounted for the highest market size of USD 18,176.9 Million in the global data center colocation market in 2017."

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Statistic 6

"Retail colocation accounted for 71.51% of the revenue in the global colocation market in 2020."

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Statistic 7

"Retail colocation is expected to reach USD 54.8 billion by 2027, growing with a CAGR of 15.4% from 2020 to 2027"

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Statistic 8

"Large enterprises accounted for around 70% revenue share in the data center colocation market in 2020."

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Statistic 9

"Retail colocation has accounted for the largest share of approximately 73% in 2019 in the global colocation market in terms of service type."

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Statistic 10

"Small and medium-sized enterprises (SMEs) are expected to grow at the highest rate in the colocation data center market."

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Statistic 11

"Cloud and IT services are projected to dominate the end-user segment with a market value of nearly USD 16 billion by 2024."

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Statistic 12

"The US accounted for the largest market share in the global data center colocation market, contributing to over 45% of total revenues in 2019."

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Statistic 13

"The managed hosting market size is estimated to grow from USD 32.39 billion in 2016 to USD 92.08 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.2%."

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Statistic 14

"Nearly 90% of colocation customers are looking to lease capacity in edge markets."

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Statistic 15

"COVID-19 increased cloud adoption rate by 60% driving demand for the data center colocation market."

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Statistic 16

"‘Green’ co-location data center market to grow at a CAGR of over 14% by 2025."

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Statistic 17

"As of 2021, Equinix leads the retail colocation market, with a share of 9.5%."

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Interpretation

The global colocation data center market has shown significant growth potential, with projections indicating a continued expansion in the coming years. The market is driven by factors such as the increasing demand for cloud and IT services, the rise in adoption of edge markets, and the impact of COVID-19 on accelerating cloud adoption rates. Retail colocation services have played a pivotal role in driving revenue growth, particularly among large enterprises. The Asia-Pacific region is poised to experience the highest CAGR in the market, highlighting the shifting dynamics in the industry. The statistics point towards a promising future for the colocation data center industry, with opportunities for both established players like Equinix and emerging SMEs to explore and capitalize on the evolving market landscape.

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