Report: Data Center Colocation Market Now At $25 Billion Globally
Top 60 multi-tenant data center firms account for 52% of revenue with 1,000+ generating the remaining long tail of revenue according to new report from 451 Research..
The global colocation market has surpassed a run rate of $25bn in revenue with six percent of data center firms accounting for more than half of global revenue, according to the latest release of the Data Center Knowledge Base (DCKB) from 451 Research. The DCKB database covers 3,685 individual data centers from 1,086 data center companies serving North America, EMEA, APAC and LATAM. 451 Research is a preeminent information technology research and advisory company with a core focus on technology innovation and market disruption.
Data from the 451 Research’s DCKB reveals a pattern of market concentration with firms at the top with a long tail of firms at the bottom of the global colocation market. The top 10 players account for 28% of the $25bn in revenue and the top 60 players account for 52% of the $25bn in revenue. Despite a spate of M&A activity in the sector, more than 1,000 additional companies, many of them strong regional players, generate the remaining 48% of revenue.