Dublin, Jan. 10, 2025 (GLOBE NEWSWIRE) — The “Retail Colocation – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Retail Colocation was valued at USD 33.2 billion in 2023 and is projected to reach USD 77.4 billion by 2030, growing at a CAGR of 12.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends. drivers and forecasts, helping you make informed business decisions.
Growth in the retail colocation market has been driven by several factors. The growing demand for digital and e-commerce platforms is a significant driver, as retailers require scalable and reliable IT infrastructure to support their online operations. Technological advancements in data center infrastructure and connectivity are also driving market growth, as these innovations increase the efficiency and capabilities of colocation services. The growing focus on data security and compliance, especially in the wake of increasing cyber threats and stringent data protection regulations, is further increasing the demand for secure colocation solutions.
Additionally, expanding global retail markets and increasing complexity of retail IT environments are contributing to market growth, as retailers seek flexible and cost-effective solutions to manage their IT infrastructure -‘s. The growing adoption of hybrid IT architectures and the need for seamless integration between on-premises and cloud-based systems are also supporting the growth of the retail colocation market. These factors, combined with continued innovation in data center technology and services, are driving steady growth in the retail colocation market.
What is Retail Colocation and how does it support retail operations?
Retail colocation refers to the practice of leasing data center space and infrastructure from third-party providers to support retail operations. In a retail colocation agreement, businesses rent space within a data center to house their servers, storage systems, and network equipment, while the data center provider is responsible for maintaining the physical infrastructure, including power, cooling and security.
Retail colocation is an attractive option for retailers looking to expand their IT capabilities without the capital expense and operational complexity of building and managing their own data centers. By leveraging retail colocation services, retailers can ensure high availability, scalability and security for their digital operations, including e-commerce platforms, point-of-sale systems and customer data management.
How are technological advances improving retail colocation services?
Technological advances have significantly improved retail colocation services, making them more scalable, secure and efficient. The development of advanced cooling and power management technologies has improved the energy efficiency of data centers, reducing operational costs for retailers and minimizing their environmental impact.
The integration of software-defined networking (SDN) and network functions virtualization (NFV) has enabled more flexible and agile network configurations, allowing vendors to quickly adapt to changing business needs and optimize their IT resources. Advances in data center security, including biometric access controls and advanced encryption technologies, have strengthened the protection of sensitive customer and transaction data while ensuring compliance with industry regulations.
Additionally, increased cloud connectivity within colocation facilities has provided retailers with seamless access to public and private cloud services, enabling hybrid IT architectures that combine the benefits of on-premises and cloud-based solutions. cloud computing. These technological advances are driving the adoption of retail colocation services, helping retailers improve their IT infrastructure and support their digital transformation initiatives.
What are the main applications and benefits of retail co-location?
Retail colocation is used by a wide range of retailers to support their digital operations, providing numerous benefits that enhance IT infrastructure, security and scalability. E-commerce retailers rely on colocation services to ensure the availability and performance of their online platforms, even during peak shopping periods, by providing the necessary computing power and network connectivity. Retailers use colocation to manage their point-of-sale systems and customer data securely, ensuring seamless transactions and protecting sensitive information.
The retail industry also uses colocation to support data analytics and customer relationship management (CRM) systems, enabling more personalized marketing and improved customer experiences. Key benefits of retail colocation include increased IT flexibility, improved security and compliance, reduced capital expenditures, and the ability to scale IT resources in response to business growth. By leveraging colocation services, retailers can focus on their core business operations while ensuring their IT infrastructure is robust, reliable and capable of supporting their digital initiatives.
What Factors are Driving Growth in the Retail Colocation Market?
Key insights:
- Market Growth: Understand the significant growth trajectory of the SME Retail Colocation segment, which is expected to reach USD 51.2 billion by 2030 at a CAGR of 13.3%. The Retail Colocation segment for large enterprises is also set to grow at 12.0% CAGR during the analysis period.
- Regional Analysis: Gain insight into the US market, which was valued at $9.1 billion in 2023, and China, projected to grow at an impressive CAGR of 17.3% to reach $17.1 billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany and Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD million from 2023 to 2030.
- In-depth regional analysis: Detailed insights into key markets, including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
- Company Profiles: Covering major players like AT&T Inc., CoreSite Realty Corp., China Telecom Global Limited, and more.
- Complementary updates: Get free report updates for a year to keep you informed of the latest market developments.
Main attributes:
The report attribute | The details |
Number of pages | 282 |
Forecast period | 2023 – 2030 |
Estimated market value (USD) in 2023 | 33.2 billion dollars |
Projected market value (USD) by 2030 | 77.4 billion dollars |
Compound Annual Growth Rate | 12.8% |
Regions covered | global |
Main topics covered:
MARKET SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Global economic update
- Retail Location – Market Share Percentage of Top Global Competitors in 2024 (E)
- Competitive market presence – strong/active/country/irrelevant for worldwide players in 2024 (E)
TRENDS AND INDICATORS
- Increasing demand for retail data center services drives market growth
- Increasing usage in E-Commerce, Omnichannel and Digital Retailing expands the addressable market opportunity
- Technological advances in connectivity and network infrastructure strengthen the market position
- Increasing focus on improving customer experience and data security is driving the adoption of retail colocation
- The growing demand for scalable and flexible IT infrastructure generates new opportunities
- The development of Edge Computing and hybrid cloud solutions supports the market growth
- Expanding applications in retail analytics, personalization and supply chain management highlight market potential
- Growth in data-driven retail strategies and real-time inventory management drive demand for co-location services
- Growing adoption of co-location services among small and medium-sized retailers drives market expansion
- Increasing demand for disaster recovery and business continuity solutions expands the market horizons
- Growing awareness of the benefits of colocation in reducing IT costs and increasing scalability is driving market adoption
- Innovations in AI-driven and automated data center operations generate new market opportunities
FOCUS ON SELECTED PLAYERS(Total 42 featured)
- AT&T Inc.
- CoreSite Realty Corp.
- China Telecom Global Limited
- China Unicom Global Limited
- CyrusOne LLC
- Cogent Communications
- Digital Realty Trust Inc.
- Equinix Inc.
- Global Switch Ltd.
- NTT Communications Corporation
- PhoenixNAP
- Rackspace Technology, Inc.
- TERAGO Networks Inc.
- Yotta Data Services Private Limited
- Rahi Systems Pvt. Ltd.
For more information about this report, visit https://www.researchandmarkets.com/r/f0ro2f
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