North America Data Center Colocation Market Growth Overview,

North America Data Center Colocation Market

North America Data Center Colocation Market Market was valued at US$ 18,550.54 million in 2021 and is projected to reach US$ 45,093.81 million by 2028 with a CAGR of 13.5% from 2021 to 2028.

The data center colocation market is anticipated to witness significant growth in North America, owing to a wide selection of data center service providers and suppliers of services such as colocation dedicated servers, managed hosting, IP transit, and cloud servers. The US and Canada are among the primary data center colocation markets in North America. Increase in concerns of the costs associated with running a data center, data storage issues, and non-availability of strategic locations for data centers have increased the…