The global multi tenant data center market is estimated to grow at a significant CAGR during the forecast period. A multi-tenant data centre, commonly referred to as a colocation data centre, is a facility where businesses can rent space to store their data. Businesses can hire everything from a server rack to a fully functional module to fulfil their specific needs. The costs of operating a data centre on-site influence the entire company including building and maintaining data storage in-house, managing electricity, performing repairs, guaranteeing security, and the data center’s physical footprint.
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They allow businesses to set up their servers, storage, and networking equipment and provide a variety of benefits, including cost-effectiveness due to a shared environment, complex cloud connections with other applications, and low maintenance requirements. As a result, it has a wide range of applications in a variety of industries, including IT, telecommunications, defence, manufacturing, and retail. One of the primary aspects driving the market’s favourable outlook is significant growth in the IT industry globally. In addition to this, increased internet penetration into daily activities and increasing usage of software-defined data centres (SDDCs) are propelling market expansion.
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MTDCs let service providers and various organisations overcome the limits of physical and organisational barriers. They’re also utilised in hospitals to keep track of patients’ information and monitor and test their health. Other growth-inducing elements include numerous technological developments, such as the development of data centres. Consumers are growing more aware of the environmental impact of carbon emissions, due to that multi-tenant green data centre facilities are becoming increasingly popular.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Solution Type
o By Application
o By Organization Size
o By End-User Industry
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the world
- Competitive Landscape: AT&T Inc., CentriLogic Inc., CenturyLink Inc., Digital Realty Trust Inc., Equinix Inc. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Multi Tenant Data Center Market by Segments,
By Solution Type
- Retail Colocation
- Wholesale Colocation
By Application
- Public Cloud
- Private Cloud
By Organization Size
- Small and Medium Enterprises
- Large Enterprises
By End-User Industry
- IT and Telecom
- BFSI
- Healthcare
- Government and Defense
- Manufacturing
- Retail
- Others
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
