Report: Data Center Colocation Market Annualized Revenue Projected to Reach $33bn Worldwide By End Of 2018
Equinix and Digital Realty are market leaders among more than 1,200 worldwide colocation suppliers according to a new report from 451 Research.
451 Research projects the global colocation market will reach $33.2bn by 2018 in its latest quarterly Datacenter Knowledgebase (DCKB) release, which tracks nearly 4,800 data centers operated by 1,286 companies worldwide.
In Q4 2015, the data center colocation market saw $27.0bn in annualized revenue. The majority of this revenue (54.6%) continues to be derived from local providers with sub-$500m in annualized colocation revenues.