Data Center Colocation Market To Reach $159 Billion by 2032 Driven by Digitization and Hybrid Cloud Adoption
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Data center colocation market size to reach $159.1 billion by 2032, CAGR of 12.6% (DataHorizzon Research)
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Rapid digitization of businesses driving growth combined with increased usage of distributed computing
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Hybrid cloud environments create opportunity for colocation providers to enable seamless data integration
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Renewable energy usage optimization key factor in colocation facility setup to reduce environmental impact
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North America currently leads market, Asia Pacific sees high growth due to rising colocation demand to meet data and bandwidth needs