The global multi-tenant data centers market is forecasted to be valuated at USD 130716.6 million by 2032, up from USD 38968.9 million in 2022, advancing at a CAGR of 12.9% from 2022 to 2032.
Increase in the size of business services, better experience for clients and end users, and many other factors are expected to increase the sales of multi-tenant data centers.
| Report Attribute | Details |
|---|---|
| Multi-tenant Data Centers Market Valuation as on 2022 | USD 38968.9 million |
| Multi-tenant Data Centers Market Anticipated Forecast Value (2032) | USD 130716.6 million |
| Multi-tenant Data Centers Market Projected Growth Rate (2022 to 2032) | 12.9% |
Multi-tenant data center is also known as colocation data center. Using the multi-tenant data center, organisations have the ability to rent the required space to the host data.
The purpose of providing the space and the networking equipment is to connect the organisations to the service providers at a minimal cost. The renting can be done for achieving a variety of purposes ranging from server rack to a complete-purpose built module.
The multi-tenant data centers operate on an architecture which serves many clients using a single instance software application.
The infrastructure management of multi-tenant data centers is done by the service provider, and the end user make use of the service provided.
Depending on the business requirements, the compartment of these data centers can work across physical boundaries, organisational boundaries, or between two different organisations as well.
The multi-tenant data centers are mainly meant for offering much output using very few resources. This helps in minimising capital expenditure. This is something which company looks forward to as it helps them to utilise this for some other useful investment. This is expected to increase the demand for multi-tenant data centers market.
Moreover, the multi-tenant data centers have this attribute of offering quick solution for any given business problem. This gives room to the managers to take the decision efficiently, thereby increasing the profit for the company. This is anticipated to increase the sales of multi-tenant data centers market.
The Internet is expanding faster than ever before. With the growing internet, the data, be it from the primary source or secondary source is also increasing. It becomes crucial to handle this data, so that the organisations can make the best use of this data, and create the appropriate product/service. This is expected to increase the demand for multi-tenant data centers market.
Apart from internet, even the IoT space, AI and ML sectors are also expected to rise rapidly in the given times. All this can be attributed towards the development of Web 3.0 by the technological giants.
The companies that are into development of Web 3.0 and related technology would certainly require the multi-tenant data centers. These would effectively manage the data, and would help the companies to come up with effective solutions. This might increase the adoption of multi-tenant data centers.
Moreover, in the current IT industry, the technological advancements are happening at a rapid space. There are chances that with such advancements, the architecture might become much complex. It is here that the multi-tenant data centers come to the fore.
These data centers are capable of handling multiple clients at a single time, thus making even the most complex architecture simple, and making them function effectively. This is anticipated to increase the demand for multi-tenant data centers.
There has been an increase in the application of Software-defined data center (SDDC). The speciality about SDDC is that they make use of storage, CPU, and security which are virtualised. This drastically reduces E- wastage, as a result of which the environment remains cleaner.
The growing demand for SDDC is linked to growing demand for internet. The increase in the usage of SDDC is also expected to increase the sales of multi-tenant data centers, and the usage of SDDC can be considered as an important cog in the wheel for the multi-tenant data centers market.
Healthcare industry is another sector where the data centers are on demand. With regulatory bodies emphasizing on rules based on records and details of the patients, the data centers would play a pivotal role in managing such huge chunks of data.
This is expected to increase the adoption of multi-tenant data centers.
However, data theft and hacking because of increase in the cybercrime cases remains a major concern for the multi-tenant data centers market. The developers should seek ways to improve the security by developing a fool proof architecture which would provide service excellence as well as data security.
North America is currently the largest market for multi-tenant data centers, with a market share of 36.2%, and the share is anticipated to rise further during the forecast period.
The reason being the IT and data related industry is growing at a decent pace in this region, and with increased usage of SDDC in this region, the growth will only propel further. Moreover, the existence of competitive environment within various industries might also be instrumental in further increasing the market share in North America.
Europe, which has a market share of 24.1%, is also expected to exhibit growth during the forecast period.
A significant increase in the demand for such data centers by large scale businesses, and also evolving IT sector in this region is expected to drive the multi-tenant data centers market in this region.
With rapid penetration of internet, and increase in the adoption of IoT and AI ML as well, there is a lot happening in the start up ecosystem of multi-tenant data centers market.
Data center wholesale start up, Prime Data Centers has unveiled a new hyperscale data center facility in Silicon Valley as it continues to increase the data centers in California. If the sources are to be believed, even national expansion is not far away.
The 121000 square feet, 9-megawatt data center is located in Santa Clara, California. The focus will be on providing data centers to large enterprises and hyperscalers.
The multi-tenant data centers market share is expected to rise further. Some of the key players are: Ascenty, AT&T, CentriLogic, China Telecom, CenturyLink, Cisco, IBM Corporation, Digital Realty, Equinix Inc., RACKSPACE, Datapipe, Digiplex, DuPont Fabros, Global Switch, Level 3 Communications, and NTT Communications Corporation.
The main players are taking every possible step to increase the multi-tenant data centers market size. They are venturing into partnerships with various asset management firms for entering into real estate sectors and various other sectors to increase the market of multi-tenant data centers.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 12.9% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Solution, Component, Application, Organisation Size, Industry, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | Ascenty; AT&T; CentriLogic; China Telecom; CenturyLink; Cisco; IBM Corporation; Digital Realty; Equinix Inc.; RACKSPACE; Datapipe; Digiplex; DuPont Fabros; Global Switch; Level 3 Communications; NTT Communications Corporation. |
| Customization | Available Upon Request |
Table 1: Global Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 3: Global Multi-tenant Data Centers Market Value (US$ Mn) Forecast by End User, 2017-2032
Table 4: North America Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 5: North America Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 6: North America Multi-tenant Data Centers Market Value (US$ Mn) Forecast by End User, 2017-2032
Table 7: Latin America Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: Latin America Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 9: Latin America Multi-tenant Data Centers Market Value (US$ Mn) Forecast by End User, 2017-2032
Table 10: Europe Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 11: Europe Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 12: Europe Multi-tenant Data Centers Market Value (US$ Mn) Forecast by End User, 2017-2032
Table 13: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 15: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) Forecast by End User, 2017-2032
Table 16: MEA Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 17: MEA Multi-tenant Data Centers Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 18: MEA Multi-tenant Data Centers Market Value (US$ Mn) Forecast by End User, 2017-2032
Figure 1: Global Multi-tenant Data Centers Market Value (US$ Mn) by Application, 2022-2032
Figure 2: Global Multi-tenant Data Centers Market Value (US$ Mn) by End User, 2022-2032
Figure 3: Global Multi-tenant Data Centers Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 6: Global Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 7: Global Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 8: Global Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 9: Global Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 10: Global Multi-tenant Data Centers Market Value (US$ Mn) Analysis by End User, 2017-2032
Figure 11: Global Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by End User, 2022-2032
Figure 12: Global Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by End User, 2022-2032
Figure 13: Global Multi-tenant Data Centers Market Attractiveness by Application, 2022-2032
Figure 14: Global Multi-tenant Data Centers Market Attractiveness by End User, 2022-2032
Figure 15: Global Multi-tenant Data Centers Market Attractiveness by Region, 2022-2032
Figure 16: North America Multi-tenant Data Centers Market Value (US$ Mn) by Application, 2022-2032
Figure 17: North America Multi-tenant Data Centers Market Value (US$ Mn) by End User, 2022-2032
Figure 18: North America Multi-tenant Data Centers Market Value (US$ Mn) by Country, 2022-2032
Figure 19: North America Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 20: North America Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 21: North America Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 22: North America Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 23: North America Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 24: North America Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 25: North America Multi-tenant Data Centers Market Value (US$ Mn) Analysis by End User, 2017-2032
Figure 26: North America Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by End User, 2022-2032
Figure 27: North America Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by End User, 2022-2032
Figure 28: North America Multi-tenant Data Centers Market Attractiveness by Application, 2022-2032
Figure 29: North America Multi-tenant Data Centers Market Attractiveness by End User, 2022-2032
Figure 30: North America Multi-tenant Data Centers Market Attractiveness by Country, 2022-2032
Figure 31: Latin America Multi-tenant Data Centers Market Value (US$ Mn) by Application, 2022-2032
Figure 32: Latin America Multi-tenant Data Centers Market Value (US$ Mn) by End User, 2022-2032
Figure 33: Latin America Multi-tenant Data Centers Market Value (US$ Mn) by Country, 2022-2032
Figure 34: Latin America Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 35: Latin America Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 36: Latin America Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 37: Latin America Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 38: Latin America Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 39: Latin America Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 40: Latin America Multi-tenant Data Centers Market Value (US$ Mn) Analysis by End User, 2017-2032
Figure 41: Latin America Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by End User, 2022-2032
Figure 42: Latin America Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by End User, 2022-2032
Figure 43: Latin America Multi-tenant Data Centers Market Attractiveness by Application, 2022-2032
Figure 44: Latin America Multi-tenant Data Centers Market Attractiveness by End User, 2022-2032
Figure 45: Latin America Multi-tenant Data Centers Market Attractiveness by Country, 2022-2032
Figure 46: Europe Multi-tenant Data Centers Market Value (US$ Mn) by Application, 2022-2032
Figure 47: Europe Multi-tenant Data Centers Market Value (US$ Mn) by End User, 2022-2032
Figure 48: Europe Multi-tenant Data Centers Market Value (US$ Mn) by Country, 2022-2032
Figure 49: Europe Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 50: Europe Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 51: Europe Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 52: Europe Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 53: Europe Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 54: Europe Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 55: Europe Multi-tenant Data Centers Market Value (US$ Mn) Analysis by End User, 2017-2032
Figure 56: Europe Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by End User, 2022-2032
Figure 57: Europe Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by End User, 2022-2032
Figure 58: Europe Multi-tenant Data Centers Market Attractiveness by Application, 2022-2032
Figure 59: Europe Multi-tenant Data Centers Market Attractiveness by End User, 2022-2032
Figure 60: Europe Multi-tenant Data Centers Market Attractiveness by Country, 2022-2032
Figure 61: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) by Application, 2022-2032
Figure 62: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) by End User, 2022-2032
Figure 63: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) by Country, 2022-2032
Figure 64: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 65: Asia Pacific Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 66: Asia Pacific Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 67: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 68: Asia Pacific Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 69: Asia Pacific Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 70: Asia Pacific Multi-tenant Data Centers Market Value (US$ Mn) Analysis by End User, 2017-2032
Figure 71: Asia Pacific Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by End User, 2022-2032
Figure 72: Asia Pacific Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by End User, 2022-2032
Figure 73: Asia Pacific Multi-tenant Data Centers Market Attractiveness by Application, 2022-2032
Figure 74: Asia Pacific Multi-tenant Data Centers Market Attractiveness by End User, 2022-2032
Figure 75: Asia Pacific Multi-tenant Data Centers Market Attractiveness by Country, 2022-2032
Figure 76: MEA Multi-tenant Data Centers Market Value (US$ Mn) by Application, 2022-2032
Figure 77: MEA Multi-tenant Data Centers Market Value (US$ Mn) by End User, 2022-2032
Figure 78: MEA Multi-tenant Data Centers Market Value (US$ Mn) by Country, 2022-2032
Figure 79: MEA Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 80: MEA Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 81: MEA Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 82: MEA Multi-tenant Data Centers Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 83: MEA Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 84: MEA Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 85: MEA Multi-tenant Data Centers Market Value (US$ Mn) Analysis by End User, 2017-2032
Figure 86: MEA Multi-tenant Data Centers Market Value Share (%) and BPS Analysis by End User, 2022-2032
Figure 87: MEA Multi-tenant Data Centers Market Y-o-Y Growth (%) Projections by End User, 2022-2032
Figure 88: MEA Multi-tenant Data Centers Market Attractiveness by Application, 2022-2032
Figure 89: MEA Multi-tenant Data Centers Market Attractiveness by End User, 2022-2032
Figure 90: MEA Multi-tenant Data Centers Market Attractiveness by Country, 2022-2032
The multi-tenant data centers market is projected to grow at a CAGR of 12.9% during the forecast period (2022 to 2032).
The multi-tenant data centers market has a valuation of USD 38968.9 million as on 2022.
The multi-tenant data centers market is expected to be valued USD 130716.6 million in 2032.
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