Data Center Colocation Market Size Was Valued at USD 62.6 Billion in 2023 and is Projected to Reach USD 211.75 Billion by 2032, Growing at a CAGR of 14.5 % From 2024-2032.
Outsourcing of the data center infrastructure in the current technological landscape is commonly known as colocation services where business entities can lease space to host their computer systems and server equipment. This structure enables companies to get the advantages of a strong data center infrastructure run by a specialist without having capital costs and responsibility for owning and running centers.