Data Center Colocation Market Innovation Driven by 5G and IoT Expansion The global data center colocation market has witnessed rapid growth as organizations increasingly adopt hybrid and cloud-based IT infrastructure to manage large volumes of data efficiently. The market was valued at USD 67.33 billion in 2023 and is projected to reach USD 77.96 billion in 2024, with further growth to USD 232.10 billion by 2031, registering an impressive CAGR of 16.87% during the...
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