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Equinix, Inc., NTT Communications Corporation, and Digital Realty Trust, Inc. held significant market share of over 15% market share in 2023. These major players are leading the data center colocation industry as they offer a colocation space with vast global reach and cutting-edge service portfolios. With its smart data center locations, cutting-edge interconnection services, and solid relationships with leading cloud providers, Equinix specializes in providing dependable and scalable solutions.
Additionally, NTT Communications is distinguished by its extensive network of superior data centers, strong connection choices, and dedication to energy conservation. Both businesses prioritize innovation, security, and sustainability in order to meet the various and expanding demands of businesses and cloud service providers across the globe and maintain their leading positions in the market.
Major players operating in the market are:
Global industry size for data center colocation was valued at USD 76.8 billion in 2023 and is anticipated to register over 11.5% CAGR between 2024 and 2032 driven by growing adoption of the green data center facilities and rising demand for public cloud and IoT.
North America market held 40% revenue share in 2023 due to advanced digital infrastructure, favorable regulations, and high demand for cloud and IoT services.
The retail colocation segment in the data center colocation market was valued at USD 50 billion in 2023 due to the growing need for dependable and scalable data center solutions.
AT&T Inc., Cogent Communications, CoreSite Realty Corporation, CyrusOne, Inc., Cyxtera Technologies, Inc., Digital Realty Trust, Inc., Equinix, Inc., KDDI Corporation, NTT Communications Corporation, Rackspace Inc., and Verizon Communications Inc.