Data Center Colocation Market Insights:
The Data Center Colocation market size is projected to grow from USD 59.83 billion in 2023 to USD 175.523 billion by 2030, exhibiting a CAGR of 14.40% during the forecast period (2023 - 2032). The market has experienced significant expansion, owing to the rising adoption of cloud-based services and the need for scalable and cost-effective data storage solutions. Organizations across various industries are leveraging colocation services to outsource their IT infrastructure, reducing capital expenditure and improving operational efficiency.
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