Home > Electronics & Media > Colocation Edge Data Center Market
Colocation Edge Data Center Market Size exceeded USD 5 billion in 2021 and is projected to grow at over 20% CAGR from 2022 to 2028. Advancements, such as cloud computing, IoT, Big Data, Machine Learning (ML), and Artificial Intelligence (AI), will foster the market growth during the forecast timeline.
To get more details on this report: Request Free Sample PDF
Companies, such as Microsoft Corporation, IBM Corporation, and The Hewlett Packard Enterprise Company, are investing in R&D to develop their existing product range sets. For instance, in April 2021, IBM Corporation introduced updates to its Elastic Storage System (ESS). The new version of ESS3200 provides double-read performance capabilities, and the ESS 5000 offers an additional 10% storage capacity as compared to its predecessor. It supports end users in easy deployment & scalability options, enabling them to shift their data onto colocation sites. Owing to the availability of solutions with seamless data migration processes, more customers will be encouraged to use cloud-based technology.
The COVID-19 pandemic has positively impacted the colocation edge data center market expansion as it assisting organizations in meeting the high-capacity requirement of ever-increasing internet traffic. Several government organizations imposed stringent lockdown protocols and travel restriction norms during the pandemic to reduce the overall virus spread. This factor has driven data generation & traffic from several sectors due to Work from Home (WFH) policies.
Companies are integrating digital solutions with their systems for improving operational efficiency, tackling labor shortage issues, and reducing the overall cost. The pandemic has increased an individual’s reliance on online services for shopping, entertainment, and payment purposes, driving total users and encouraging companies to enhance their back-end networks. The demand for advanced IT infrastructure will support the global need for colocation edge data center facilities during the forecast timeframe.
|Market Size in 2021:||5 billion (USD)|
|Forecast Period:||2022 to 2028|
|Forecast Period 2022 to 2028 CAGR:||20%|
|2028 Value Projection:||25 billion (USD)|
|Historical Data for:||2018 to 2021|
|No. of Pages:||300|
|Tables, Charts & Figures:||249|
|Segments covered:||Type ,End User, Application and Region|
|Pitfalls & Challenges:|
To get details on how to order this report click here
Germany colocation edge data center market is expected to witness 20% growth rate through 2028 led by the rising number of data centers. To strengthen their market positionings, colocation providers are increasing their presence in different locations in the country. For instance, in October 2021, Equinix Inc. opened its FR8 International Business Exchange data center in the country. The company invested around USD 103 million for approximately 4,800 m² in colocation space. It will deliver network edge solutions and operate on 100% renewable energy. This factor will support them in catering to a large set of customers in the market, increasing service availability for various end users, increasing market competition in the sector, and improving the affordability & quality of services in the region.
To tailor this report to your specific requirements: Customize this Report
In U.S., colocation edge data center market is estimated to attain a CAGR of 20% till 2028 impelled by the expanding healthcare sector. Market players through investments in infrastructural expansion are catering to the changes in the pharmaceutical sector. In May 2021, AMPAC Fine Chemicals invested around USD 25 million in its current location in Virginia, U.S. This investment will enable AMPAC Fine Chemicals to build an analytical division and improve its R&D department abilities with regard to pharma ingredients. For this project, the company will collaborate with Civica, Phlow and Virginia’s Commonwealth University’s Medicines to manufacture necessary medicines for the U.S. healthcare providers. The initiatives from the companies for extensive testing services & developments for the validation, analysis, and release of APIs & intermediates will boost the requirement of high-speed servers and computing software, thereby fueling the industry growth.
The adoption of advanced technologies, such as cloud computing and data analytics, has propelled the demand for data center colocation services over the past few years. Market players are using edge solutions to improve data handling and customer services. For instance, in October 2021, ABN AMRO signed an agreement with IBM Corporation & Kyndryl for managing its hybrid cloud infrastructure. Through this pact, they are focusing on supporting their international & domestic operations. The deal will include the deployment of single services delivery models, SaaS, and Azure & on-premises private cloud services. The rising integration of cloud-based solutions in the BFSI sector will augment the demand for colocation edge data centers that ensure fast & real-time data transfers.
To check discounted pricing for this report: Request Discount
Asia Pacific colocation edge data center market captured 30% of revenue share in 2021. The governing authorities in the region are promoting & focusing on implementing advanced technologies in existing systems to influence efficiency and sustainability. In June 2021, the Singapore National Research Agency established a new lab with a local manufacturing software firm to support manufacturers to develop Industry 4.0 capabilities. It will help market participants in merging industrial IoT and AI to optimize their production processes and build a robust supply chain.
Key companies operating in the colocation edge data center market include China Telecom Global Limited, Digital Realty Trust, Inc., Eaton Corporation PLC, Emtel, Equinix, Inc., Fujitsu Limited, Hewlett-Packard, IBM Corporation, KDDI Corporation, NTT Communications Corporation, Ltd., Rackspace Inc., Schneider Electric SE, Singapore Telecommunications Limited, Teraco Data Environments, Verizon Communications Inc., and Vertiv Group Corp. Market leaders are focusing on establishing new data centers to increase their penetration across multiple regions.
Click here to buy sections of this report
Market, By Type
Market, By End-use
Market, By Application
The above information has been provided for the following regions and countries: