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Colocation Edge Data Center Market Size
- Report ID: GMI5200
- Published Date: Feb 2022
- Report Format: PDF
Colocation Edge Data Center Market Size
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.
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Colocation Edge Data Center 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 |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Colocation Edge Data Center Market Scope
