The Netherlands Data Center Colocation market is projected to grow at a CAGR of 16.81% during the forecast period, reaching a total market size of US$1,757.993 million in 2025 from US$692.103 million in 2019. More companies are opting for the data center as it addresses their storage issues without substantial upfront costs. The growing amount of big data across different industries is significantly propelling the market growth of the Netherlands Data Center Colocation. Expanding digitalization across end-use industries is leading to a rise in the volume of data that companies are required to store. A rapid rise in the demand for high-power density for the latest IT infrastructure is further encouraging companies to move towards colocation. Growing virtualization and continued drive to handle more workload within the same purpose-built data centers is pressurizing companies to opt for colocation services. Since the cost of retrofitting an older facility is much higher than the cost of modern colocation facilities, the market growth of data center colocation in the Netherlands is witnessing a sharp rise. The rising number of cloud services providers and the booming information technology industry is further spurring the growth of the data center colocation market in the Netherlands. Another major driver of the data center colocation market is the growing concerns regarding data safety and security. Global market players are expanding their data center facilities in this country which also supports the market growth of data center colocation. For example, in 2019, Google announced to invest US$1.1 billion to further expand its data center capacity in the Netherlands by building a new data center in Agriport along with the expansion of its existing data center in Eemshaven.
The Netherlands Data Center Colocation market has been segmented on the basis of the colocation model, enterprise size, and industry vertical. By colocation, the market has been segmented into retail and wholesale. By industry vertical, the market has been segmented as communication and technology, BFSI, government, healthcare, manufacturing, media and entertainment, and others.
The prominent market players in the Netherlands Data Center Colocation market are Equinix, Inc., Digital Realty, Interxion, Cellnex Telecom, and NorthC.