▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | GreenCity | Italian Channel Awards | Italian Project Awards | ...
InnovationOpenLab

United Kingdom Colocation Report 2024-2029, Featuring Scaleup Technologies, Proximity Data Centers, Redcentric, Datum Datacenters, Safe Hosts Internet, vXtream, Equinix, Netwise Housing & ServerMania - ResearchAndMarkets.com

The "United Kingdom Colocation Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. The UK colocation market is expected to grow at a CAGR of 6.5%, reachin...

Business Wire

DUBLIN: The "United Kingdom Colocation Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.

The UK colocation market is expected to grow at a CAGR of 6.5%, reaching a market size of US$3.85 billion in 2029 from US$2.46 billion in 2022.

The colocation data center provides renting space to business companies for servers as well as other computing hardware, thereby enabling them to remove in-house servers or data centers. It provides them access to advanced data center technology which offers security, continuity, and scalability for various applications and data systems.

Key Market Drivers

Growing digital transformation and internet users bolster the market growth

The United Kingdom is witnessing a significant increase in its internet users as well also it is actively involved in the establishment of digital transformation schemes for sectors. For instance, in June 2022, the British government launched a new digital and data strategy for the system and services transformation of sectors by 2025. The growing number of internet users coupled with the establishment of digital transformation strategies will surge the demand for colocation services for efficient data handling and storage thereby boosting the market growth.

Favorable government initiatives are positively impacting the UK colocation market growth.

The adoption and Deployment of 5G have created a boom in the volume of data traffic over the years which has made companies shift from traditional on-premises data center to flexible and efficient colocation data center which provides a high level of security and operability during data processing. The British government realizing the growing trend of 5G adoption is actively participating in the establishment of such technology in the country.

For instance, in March 2021, the Department for Digital, Culture, Media & Sports launched the "5G Testbeds and Trial Programme" whose key objective is to accelerate 5G deployment in the United Kingdom. Such favorable initiative related to 5G technology will boost colocation service demand in the United Kingdom for effective data handling and storage during the forecast period thereby augmenting the market growth.

Large enterprise are projected to grow at a significant rate

Based on enterprise size, the United Kingdom colocation market is segmented as small, medium, and large. The large enterprise is expected to grow at a significant rate during the forecast period of the United Kingdom colocation market, owing to the investments by the major companies for the data centers establishment in the United Kingdom.

For instance, in December 2020, NTT Ltd. announced the establishment of its London 1 data center in the United Kingdom which came as a part of the company's £500 million data center investment plan for uplifting the UK's digital & tech industry.

Key Developments

  • In November 2022, Asanti DataCenter Limited announced the acquisition of Dairy Group's five UK data centers which came as part a part the former's objective to provide data center colocation services in UK.
  • In July 2022, Proximity Data Center launched its colocation data center namely "Proximity Edge 9" in Bristol. The center is a tier 3 facility having 4 megawatts of IT capacity and will serve colocation users in Bristol as well as throughout the South West of Wales and England.

Market Segmentation:

By Type

  • Retail
  • Wholesale
  • Hybrid

By Enterprise Size

  • Small
  • Medium
  • Large

By Industry Vertical

  • BFSI
  • Communication Technology
  • Education
  • Healthcare
  • Media and Entertainment
  • Retail & E-Commerce
  • Others

Key Attributes:

Report Attribute Details
No. of Pages 114
Forecast Period 2022 - 2029
Estimated Market Value (USD) in 2022 $2.47 Billion
Forecasted Market Value (USD) by 2029 $3.85 Billion
Compound Annual Growth Rate 6.5%
Regions Covered United Kingdom 

Key Topics Covered:

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter's Five Forces Analysis

4.4. Industry Value Chain Analysis

4.5. CXO Perspective

5. UNITED KINGDOM COLOCATION MARKET BY TYPE

5.1. Introduction

5.2. Retail

5.3. Wholesale

5.4. Hybrid

6. UNITED KINGDOM COLOCATION MARKET BY ENTERPRISE SIZE

6.1. Introduction

6.2. Small

6.3. Medium

6.4. Large

7. UNITED KINGDOM COLOCATION MARKET BY INDUSTRY VERTICAL

7.1. Introduction

7.2. BFSI

7.3. Communication Technology

7.4. Education

7.5. Healthcare

7.6. Media And Entertainment

7.7. Retail & E-Commerce

7.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

  • Scaleup Technologies
  • Proximity Data Centers
  • Redcentric
  • Datum Datacenters
  • Safe Hosts Internet
  • vXtream
  • Equinix
  • Netwise Housing
  • ServerMania
  • Kao Data
  • Digital Realty
  • Iomart Group

For more information about this report visit https://www.researchandmarkets.com/r/hpq7ba

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Gyala: a new "Made in Italy" cybersecurity

With a proven track record in the defence field, Gyala now also brings its cybersecurity technologies to the wider enterprise audience

ITALIAN PROJECT AWARDS 2023: the best IT projects of the year, awarded

Now in its third edition, the initiative is targeted at the ICT professional world and honours projects based on innovative ideas and technologies, realised…

I3P launches the Cybersecurity Incubation Program

The I3P's initiative is promoted together with the National Cybersecurity Agency in collaboration with Leonardo and C*Sparks.

iVis Technologies enables remotely-controlled corneal telesurgery

It's based on Italian technologies the first successful intercontinental telesurgery intervention for keratoconus carried out remotely, connecting Bari…

Most read

NukuDo, a Global Leader in Cybersecurity Workforce Development, Launches…

Today, NukuDo, a global leader in cybersecurity workforce development and staffing, proudly announces the launch of its North American headquarters in…

AmerisourceBergen Specialty Group Provides Substitute Notice of Data Incident…

AmerisourceBergen Specialty Group, LLC (ABSG) is issuing notice to individuals who may have been impacted by a data security incident. ABSG’s parent company…

Latin America Data Center Market Landscape Report 2024-2029 Featuring…

The "Latin America Data Center Market Landscape 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Latin American data center…

TruBridge Announces Participation in the Stifel Cross Sector Insight Conference

TruBridge, Inc. (NASDAQ:TBRG), a healthcare solutions company, today announced that management will participate in the Stifel Cross Sector Insight Conference…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!