Key Findings
The North America data center colocation market is anticipated to grow with a CAGR of 15.63% over the forecasting period of 2021 to 2028. The regional market’s growth is attributable to main factors such as the high penetration of cloud computing, the surging data center expenditure, and the widespread adoption of data center colocation solutions in industries like healthcare, retail, BFSI, and government.

Market Insights
The North America data center colocation market growth evaluation includes the assessment of the United States and Canada. Cloud providers have witnessed volatile growth in Canada over the last two decades, likely to result in substantial growth for wholesale data center providers in the country. As a result, the majority of cloud-based and hyperscale providers are introducing information technology (IT) infrastructure to Canada’s data center market. One of the leading aspects fuelling the demand for data center systems and technology includes the emerging cloud technology in data centers, thus stimulating the market’s growth.
SaaS is the most widely utilized used public cloud service, with more than 50% of cloud-using enterprises using the same. Private clouds are highly popular in industries like finance and government, where security is a chief concern. In addition, approximately 70% of IT firms in Canada have adopted cloud services and minimized their expenditure by moving to the cloud. Therefore, these factors are anticipated to proliferate the data center colocation market in North America over the forecast years.

Competitive Insights
Some of the top companies operating in the market include Equinix, QTS Realty Trust Inc, Digital Realty, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments