D A T A C E N T R E P R E D I C T I O N S
he growth of the
T colocation market is showing no signs of slowing down . In fact , it ’ s estimated the size of the global market grew from US $ 54.82bn in 2022 to US $ 61.47bn in 2023 .
“ ARTIFICIAL INTELLIGENCE ( AI ) TECHNOLOGIES ARE COMPLETELY ALTERING THE COLOCATION MARKET – BOTH FROM A CUSTOMER PERSPECTIVE AS WELL AS THE DATA CENTRE OPERATORS THEMSELVES .
Closer to home , colocation facility revenue in the UK is expected to reach £ 2.7bn in 2024 , expanding at a compound annual growth rate of 4.8 %.
The growth in the colocation industry can be attributed to several factors ; including the emergence of Edge Computing , the reliability and scalability for organisations , growing cost of public cloud and the data sovereignty assurance that comes with this type of infrastructure .
WHAT ’ S NEXT FOR COLOCATION ?
David Gammie , CTO , iomart , discusses how colocation is being reshaped by emerging technologies and sustainability initiatives , and the trajectory for the sector in the future .
The shift towards cloud and the expansion of IT infrastructure options available to businesses of all sizes , has made colocation a popular choice for companies looking for the benefits that cloud offers without the added complexities and cost associated with a full migration to a public cloud where in many cases business applications need to be architected to gain full public cloud benefits .
Not all colocation options are equal
So , what are the main colocation options for businesses ? Colocation
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