The data centers industry is experiencing a seismic shift, propelled by burgeoning data volumes, evolving enterprise workloads, and rising competitive intensity. As enterprises grapple with the limitations of legacy infrastructure, the pressure to modernize data centers in terms of space, power, security, cooling, and connectivity is at an all-time high. Consequently, the following forces are compelling providers across different regions to pivot their growth strategies:
- Global – Facilitating innovative architectures for effective model training and inferencing, as necessitated by the proliferation of artificial intelligence (AI) and generative AI (GenAI).
- North America – Accelerating enterprise digital transformation by focusing on sustainability, energy efficiency, immersive technologies, and innovative cooling solutions.
- India – Fulfilling the evolving needs of hyperscale cloud providers, over-the-top (OTT) platforms, content providers, banking and financial services (BFSI) companies, and IT services amid rising competitive intensity.
For a deep dive into technology strategies, best practices, and leading providers in the data center and colocation services ecosystem, click here.
Understanding the Potential of Data Center Colocation Services in Different Geographies
Frost & Sullivan finds that:
- While public cloud service providers drive the demand for global colocation services, AI adoption across different verticals is unleashing new prospects for AI training and inferencing.
- North American colocation services are poised to create new opportunities worth $40.20 billion by 2029, led by locations like Northern Virginia, Silicon Valley, Dallas, Atlanta, Phoenix, and Chicago.
- India accounts for about 92% of the total South Asian colocation services industry, set to grow at a compound annual growth rate (CAGR) of 6% from 2023 to 2028.
To thrive amid the data centers revolution and know more about emerging growth opportunities – from hyperscale data centers and sustainable value propositions to AI-optimized operations, integrated edge strategies, and carrier-neutral facilities – explore Frost & Sullivan’s comprehensive intelligence on the subject.
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