Asia-Pacific data center colocation market is estimated to grow significantly at a CAGR of 14.4% during the forecast period. Asia-Pacific is one of the most lucrative regions for the data center colocation market, owing to the growing enterprises coupled with the rise in data center services in the region. Moreover, the region holds significant growth potential for trading associations, which strives to access colocation services, in order to upgrade its network. China, Japan, and India account for a large number of data centers owing to the increasing demand from BFSI, IT & telecom, and social media sectors in these countries.
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The major countries which will contribute to the market are China, India, and Japan. China is the biggest market for data center colocation market. Digitalization is emerging economies such as India and China is further estimated to drive the growth of the market. The significant presence of large and small enterprises is one of the major factors propelling the growth of the market in Asia-Pacific. The rise in ICT infrastructure with the rising expansion of multinational firms in the country is one of the major factors propelling the growth of the market in China. The favorable government initiatives exclaiming the expansion of digitalization is increasing the demand for data centers, which in turn, is fueling the Chinese data center colocation market.
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Asia-Pacific Data Center Colocation Market Segmentation
By Solution Type
- Retail Colocation
- Wholesale Colocation
By Verticals
- BFSI
- IT & Telecom
- Healthcare
- Government and Defense
- Others (Media and Entertainment)
Regional Analysis
- China
- Japan
- India
Rest of Asia-Pacific
Company Profiles
- AT&T, Inc.
- China Telecom Corp.
- China Unicom, Ltd.
- Equinix, Inc.
- IBM Corp.
- KDDI Corp.
- NTT Communication Corp.
- SoftBank Corp.
- Tata Communications
- VADS BERHAD
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