The United Kingdom Data Center Colocation market is projected to reach US$5.567 billion by the year 2025 from US$2.280 billion in 2019, growing at a CAGR of 16.05%. The market for data center colocation in the United Kingdom is primarily driven by factors such as the rising data security concerns and government regulations such as the GDPR. Furthermore, the presence of a highly developed telecom industry also supports the market growth in the country throughout the forecast period. In addition, increasing IoT spending in the United Kingdom is also supplementing the market growth of data center colocation significantly. Moreover, a growing volume of big data across end-use industries is putting pressure on companies to expand their data storage from time to time, thereby propelling the market growth of data colocation center in the country.
The United Kingdom Data Center Colocation market is segmented based on the colocation model, enterprise size, and industry vertical. By the colocation model, the market is segmented into wholesale and retail. By enterprise size, the UK Data Center Colocation market is segmented into small, medium, and large. By industry vertical, the market is classified as communication and technology, BFSI, government, healthcare, manufacturing, media and entertainment, and others.
Prominent key market players in the United Kingdom Data Center Colocation market include Equinix, Inc., Telehouse, Verizon, Colt Technology Services Group Ltd., Zayo Group, LLC, CenturyLink, Internap Corporation, and ANEXIO, Inc.These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the United Kingdom Data Center Colocation market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.