NEW YORK, June 6, 2023 /PRNewswire/ — As per Facts and Factors study, the global data center colocation market size was nearly $62.3 billion in 2022 and is set to increase to about $89.3 billion by 2030 along with securing the highest CAGR of 14.7% from 2023 to 2030.
Report Link with All Related Graphs & Charts: https://www.fnfresearch.com/data-center-colocation-market
Data Center Colocation Market: Overview
Data center colocation is a large data center unit that is rented to vendors for their servers. Moreover, these data center colocation services provided by the firms are structured and provide effective cooling backup, security, and bandwidth.
There is a huge demand for data center colocation as it aids businesses in data center administration along with improving risk management decisions as well as planning & operational strategies. For the record, the data center colocation…