NEW YORK, July 20, 2023 /PRNewswire/ -- The data center colocation and managed hosting services market size is expected to rise toUSD 163.36billion from 2021 to 2026,and the market's growth momentum will accelerate at aCAGR of 13.87%.The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -BT Group Plc, Chunghwa Telecom Co. Ltd., Cogent Communications Holdings Inc., CoreSite Realty Corp., Cyfuture, CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Fidelity National Information Services Inc., Flexential Corp., Internap Holding LLC, KDDI Corp., Lumen Technologies Inc., Navisite LLC, NTT DATA Corp., phoenix NAP LLC, Rackspace Technology Inc., Sabey Corp., and Verizon Communications Inc.request a sample report
Technavio has announced its latest market research report titled Global Data Center Colocation and Managed Hosting Services Market 2023-2027
Data center colocation and managed hosting services marketInsights -
Vendors: 15+, IncludingBT Group Plc, Chunghwa Telecom Co. Ltd., Cogent Communications Holdings Inc., CoreSite Realty Corp., Cyfuture, CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Fidelity National Information Services Inc., Flexential Corp., Internap Holding LLC, KDDI Corp., Lumen Technologies Inc., Navisite LLC, NTT DATA Corp., phoenix NAP LLC, Rackspace Technology Inc., Sabey Corp., and Verizon Communications Inc.
Coverage:Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
Segments:End-user (BFSI, Healthcare, E-commerce, Telecommunication, and Others), Type (Wholesale and Retail), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)
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Key Driver -One of the key factors driving the data center colocation and managed hosting services market growth is the rising demand for data center colocation facilities. Collocation notably reduces infrastructure capital expenditures (CAPEX) and increases the connectivity required for operational services. A colocation facility consists of private racks that a company can rent to run its IT infrastructure. Many companies build and operate their own cloud platforms. The growing online presence of companies in various industries will drive the adoption of managed hosting services. Managed hosting service vendors, such as Rackspace, are expanding their presenceacross the world. Local colocation and managed hosting service providers significantly propel investments in the market, which will boost the growth of the concerned market during the forecast period.
Leading Trend -Growing investments in hyper-scale data centers by colocation providers is one of the key data center colocations and managed hosting services market trends that are expected topositively impact the market growth.The construction of hyper-scale data centers will help to meet the rising information processing demands of the smart revolution and the connected world. Many colocation service providers and infrastructure service providers have announced that they will offer hyper-scale data centers. For instance, in May 2022, Equinix, Inc. announced its plan to invest USD 9 million in a hyper-scale data centerin Chennai, India. Similarly, NTT DATA Corp. opened its new hyper-scale data center in Mumbai, India, in May 2020. The construction of hyper-scale data centers will help to manage the rising information processing needs of a smart revolution and a connected world, which will boost the growth of themarket during the forecast period.
Significant Challenge -One of the key challenges to the data center colocation and managed hosting services market growth is the increasing demand for cloud-based services.Small and medium-sized enterprises(SMEs)and startups are adopting cloud solutions to take advantage of the hardware and resource scalability offered by cloud providers. Large enterprises are starting to use cloud-based services because they can manage their workloads as needed, eliminating the need to build their own data centers that require large capital CAPEX and operating expenses (OPEX).For instance, in December 2021, JFrog Ltd. expanded cloud DevOps adoption in Canada with AWS and Microsoft Azure support. Similarly,Microsoft Corp. announced that it is building a new arm-based cloud service in April 2022.Hence, the launch of new cloud-based services may impede market growth during the forecast period.
Drivers,& Challenges have an impact onmarket dynamics and can impact businesses.Find some insights from a sample report!
The data center colocation and managed hosting services market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this Data Center Colocation And Managed Hosting Services Market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the data center colocation and managed hosting services market between 2022 and 2026
Precise estimation of the size of the data center colocation and managed hosting services market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the datacenter colocation and managed hosting services market industry across North America, Europe, APAC, Middle East and Africa, and South America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of datacenter colocation and managed hosting services market vendors
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Data Center Colocation And Managed Hosting Services Market Scope
Report Coverage
Details
Page number
172
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 13.87%
Market growth 2023-2027
USD 163.36 billion
Market structure
Fragmented
YoY growth2022-2023(%)
12.84
Regional analysis
North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution
North America at 45%
Key countries
US, Japan, China, Germany, and the UK
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
BT Group Plc, Chunghwa Telecom Co. Ltd., Cogent Communications Holdings Inc., CoreSite Realty Corp., Cyfuture, CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Fidelity National Information Services Inc., Flexential Corp., Internap Holding LLC, KDDI Corp., Lumen Technologies Inc., Navisite LLC, NTT DATA Corp., phoenix NAP LLC, Rackspace Technology Inc., Sabey Corp., and Verizon Communications Inc.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: http://www.technavio.com/
Global Data Center Colocation and Managed Hosting Services Market 2023-2027
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Data center colocation and managed hosting services market to grow at a CAGR of 13.87% from 2022 to 2027 | BT Group Plc, Chunghwa Telecom Co. Ltd.,...
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