The latest research study “Multi-Tenant Data Center Market Research : Global Industry Trends Analysis, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global multi-tenant data center market size reached US$ 31.2 Billion in 2021. The market to reach US$ 48.4 Billion by 2027, exhibiting a CAGR of 7.49% during 2022-2027.
Multi-Tenant Data Center Market Trends
The market is primarily driven by significant developments in data center facilities across the globe. The rising focus of enterprises on operational and business expansion activities on the global level has contributed to the growing demand for efficient data centers. This, in turn, has contributed to the escalating adoption of MTDCs by various organizations, thereby providing a thrust to the market growth. The market is further driven by the considerable increase in internet traffic and the utilization of software-defined data centers (SDDCs). Moreover, the growing applications of MTDCs in the healthcare sector is acting as another major growth-inducing factor. The industry is heavily dependent on cloud computing for managing electronic records of patient’s health and various other laboratory operations, which is facilitating the uptake of MTDCs.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global multi-tenant data center market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on solution type, application, organization size and end use industry.
Breakup by Solution Type:
- Retail Colocation
- Wholesale Colocation
Breakup by Application:
- Public Cloud
- Private Cloud
Breakup by Organization Size:
- Small and Medium Enterprises
- Large Enterprises
Breakup by End Use Industry:
- IT and Telecom
- Government and Defense
Breakup by Region:
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
For more information about this report visit: https://www.imarcgroup.com/multi-tenant-data-center-market
The report has also analysed the competitive landscape of the market with some of the key players being AT&T Inc., CentriLogic Inc., CenturyLink Inc., Digital Realty Trust, Inc., Equinix Inc., Fujitsu Limited (Furukawa Group), Global Switch Limited, HCL Technologies Limited, IBM, Internap Corporation, NTT Communications Corporation (Nippon Telegraph and Telephone Corporation) and Rackspace Technology Inc.
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