The North American data center colocation market is estimated to grow significantly at a CAGR of 13.0% during the forecast period. North American data center colocation market has been witnessing remarkable growth owing to the rising demand for data center services coupled with the growth in big data. There is a significant presence of large and small data center service providers in the region. The major data center service providers in the region include Digital Realty Trust, Inc. and Equinix, Inc. Large data centers are renowned for their high-energy intensity and have made considerable improvements in efficiency over the past decade. However, small closet and room data centers have gained less attention, although constitute a significant fraction of the overall number of servers in the US. This result owing to less attention paid to energy efficiency and inadequate cooling equipment.

The North American market for data center colocation is analyzed based on countries such as the US and Canada. With the growing number of large, small and medium enterprises across the US and Canada, an increasing concern of big data management has been reported over the years. As a result, the companies hire data center service providers for the optimal management of their big data with more security and flexibility. This is primarily fueling the demand for data center colocation services as it offers the infrastructure and security of a dedicated data center without the cost of maintaining this facility in the enterprise. Therefore, it enables enterprise IT professionals to focus on other crucial everyday tasks.

The companies which are contributing to the growth of the North American data center colocation market include AT&T, Inc., Equinix, Inc., Digital Realty Trust, Inc., IBM Corp., and Verizon Communications Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in July 2019, Equinix, Inc. announced that it has formed a joint venture with GIC a Singapore based company to develop Xscale data centers in Europe. This enabled the company to establish footprints in the European market.

Research Methodology

The market study of the North American data center colocation market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for data center colocation service providers, system integrators, cloud service providers, IT & telecom companies, banking and financial firms, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. North American Data Center Colocation Market Research and Analysis by Solution Type

2. North American Data Center Colocation Market Research and Analysis by Verticals

The Report Covers

• Comprehensive research methodology of the North American data center colocation market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American data center colocation market.
• Insights about market determinants which are stimulating the North American data center colocation market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.