Worldwide Data Center Colocation Industry to 2026 - Increasing Adoption of Technology in Small and Medium Businesses is Driving Growth prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
ResearchAndMarkets.com s offering.
US Data Center Colocation Market is expected to reach US$ 35.10 billion by 2027 from US$ 13.18 billion in 2019. The market is estimated to grow at a CAGR of 13.1% from 2020 to 2027.
The report provides trends prevailing in the US data center colocation market along with the drivers and restraints pertaining to the market growth. increasing enterprise demands for cost-effective solutions to reduce overall it cost and growing disaster recovery and business continuity requirements are the major factor driving the growth of the US data center colocation market. However, high initial and maintenance costs hinder the growth of US data center colocation market.