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Data Center Colocation And Managed Hosting Services Market size is set to grow by USD 163.36 billion from 2023-2027, Rising demand for data center colocation facilities boost the market, Technavio

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NEW YORK, July 18, 2024 /PRNewswire/ — The global data center colocation and managed hosting services market size is estimated to grow by USD 163.36 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  13.87%  during the forecast period. Rising demand for data center colocation facilities is driving market growth, with a trend towards growing investments in hyper-scale data centers by colocation providers. However, increasing demand for cloud-based services  poses a challenge. Key market players include BT Group Plc, Chunghwa Telecom Co. Ltd., Cogent Communications Holdings Inc., CoreSite Realty Corp., Cyfuture, CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Fidelity National Information Services Inc., Flexential Corp., Internap Holding LLC, KDDI Corp., Lumen Technologies Inc., Navisite LLC, NTT DATA Corp., phoenix NAP LLC, Rackspace Technology Inc., Sabey Corp., and Verizon Communications Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Data Center Colocation And Managed Hosting Services Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017 – 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.87%

Market growth 2023-2027

USD 163.36 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.84

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 45%

Key countries

US, Japan, China, Germany, and UK

Key companies profiled

BT Group Plc, Chunghwa Telecom Co. Ltd., Cogent Communications Holdings Inc., CoreSite Realty Corp., Cyfuture, CyrusOne LLC, Cyxtera Technologies Inc., Digital Realty Trust Inc., Equinix Inc., Fidelity National Information Services Inc., Flexential Corp., Internap Holding LLC, KDDI Corp., Lumen Technologies Inc., Navisite LLC, NTT DATA Corp., phoenix NAP LLC, Rackspace Technology Inc., Sabey Corp., and Verizon Communications Inc.

Market Driver

The data center colocation and managed hosting services market is experiencing significant growth due to increasing investments in hyper-scale data centers. With the advent of the smart revolution, the creation of vast amounts of data necessitates efficient processing. Hyper-scale data centers are becoming a priority to manage this data deluge. Notable providers like Equinix Inc. And NTT DATA Corp. Have recently announced their plans to construct such data centers in India, investing USD9 million and opening a new facility in Mumbai, respectively. These developments will cater to the escalating information processing needs of the smart revolution and the connected world, generating new opportunities for market participants. Overall, the construction of hyper-scale data centers is expected to drive the growth of the data center colocation and managed hosting services market throughout the forecast period. 

In today’s digital age, IT executives are increasingly turning to Data Center Colocation and Managed Hosting Services to support their businesses. With the rise of DCaaS (Data Center as a Service) providers like Rackspace Technology and Google Cloud, on-premises infrastructure is no longer the only option. The retail industry, in particular, is embracing this trend, leveraging cloud computing for digital services and enhancing online customer experiences through e-commerce, mobile shopping apps, and transaction history analysis. Social media and IoT devices generate vast amounts of data, requiring robust data management solutions. Cybersecurity is a top concern, with IT security professionals focusing on data security, endpoint security, network monitoring, and pricing pressures. As businesses adopt hybrid work models, automation and artificial intelligence become essential tools for managing distributed teams and ensuring network reliability. EBay, Amazon, and other online retailers are leading the way, integrating cashier-less systems, sensors, and cloud services to streamline operations and enhance customer experiences. 

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Market Challenges

The adoption of cloud computing is driving the market for Data Center Colocation and Managed Hosting Services, as organizations seek to reduce their capital expenditures (CAPEX) and operating expenditures (OPEX) by leveraging cloud solutions. Small and medium-sized enterprises (SMEs) and start-ups particularly benefit from the scalability of hardware and resources offered by cloud providers. Cloud-based software offers several advantages, including quicker implementation through web browsers, improved customer experience with reduced processing times and error rates, enhanced data accessibility, and cost savings from eliminating the need for infrastructure procurement and installation. Vendors in the hosting infrastructure services market are responding to this trend by launching new cloud-based services, such as JFrog Ltd.’s expansion of cloud DevOps adoption in Canada and Microsoft Corp.’s new arm-based cloud service. These developments are expected to pose a challenge to the growth of the Data Center Colocation and Managed Hosting Services market during the forecast period.In today’s digital age, businesses face numerous challenges in managing their IT infrastructure. Cloud computing has disrupted traditional data center models, leading to the rise of colocation and managed hosting services. However, cybersecurity remains a top concern, with threats such as data leakage, malware, and cyber attacks increasing. Data management, remote work solutions, and the integration of IoT devices also pose new challenges. IT security professionals must adapt to hybrid work models, endpoint security, network monitoring, and HIPAA compliance in healthcare and pharmaceuticals. Pricing pressures and the need for differentiation require service providers to offer superior customer experiences and strong client relationships. Verticals like IT & telecom, manufacturing, retail & consumer goods, healthcare & life science, energy & utilities, media & entertainment, and others demand operational efficiency and regulatory compliance. Deployment models, including the metaverse concept, industry expansion, and the integration of artificial intelligence and automation, further complicate the landscape. Service-level agreements and business continuity plans are essential to ensure availability and mitigate cyber threats. Ultimately, physical infrastructure cost savings and a competitive edge are key drivers for enterprises in selecting the right colocation and managed hosting partner.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This data center colocation and managed hosting services market report extensively covers market segmentation by  

End-user 1.1 BFSI1.2 Healthcare1.3 E-commerce1.4 Telecommunication1.5 OthersType 2.1 Wholesale2.2 RetailGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 BFSI-  The banking and financial services sector (BFSI) is experiencing significant growth in m-commerce and e-commerce markets in North America, Europe, and developing economies like India and China in APAC. Financial data, including customer financials, account information, cardholder data, and personal information, is highly regulated by the EU and other regulatory bodies, such as the GDPR. BFSI companies, including Goldman Sachs, JPMorgan Chase and Co., and Morgan Stanley, share sensitive information across networks and require optimal uptime, security, connectivity, and data integrity. Traditional data center ownership presents high operating costs for global BFSI companies, leading them to outsource colocation space from vendors or lease servers from managed hosting service providers. This shift towards outsourcing is expected to drive the growth of the BFSI segment in the data center colocation and managed hosting services market during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global containerized and modular data center market is experiencing significant growth, driven by increasing demand for scalable and efficient data solutions. Similarly, the global Data Center Infrastructure Management (DCIM) solutions market is expanding, fueled by the need for enhanced monitoring and management of data center operations. The global data center general construction market is also on the rise, supported by the surge in data center projects worldwide. These markets are propelled by advancements in technology, rising data consumption, and the need for robust data management infrastructure.

Research Analysis

The Data Center Colocation and Managed Hosting Services market is experiencing significant growth due to the increasing demand for secure and efficient data management solutions. With the rise of remote work solutions, hybrid work models, and IoT devices, the need for reliable and secure data center infrastructure has become crucial for businesses of all sizes. Cybersecurity is a top priority, with IT security professionals focusing on data security, endpoint security, and network monitoring to protect sensitive information. Artificial intelligence and automation are also driving innovation in the market, enabling operational efficiency and improved customer experiences. Deployment models, such as public, private, and hybrid, are differentiating offerings and catering to various industry needs. HIPAA compliance is a key consideration for healthcare and pharmaceuticals, while enterprises across industries seek a competitive edge through advanced data center solutions. The market expansion is fueled by the growing importance of client relationships and the need for a competitive edge in today’s digital landscape. Data center providers must continuously adapt to evolving technologies and customer demands to meet the unique needs of their clients and stay ahead of the competition.

Market Research Overview

In the digital age, businesses increasingly rely on Data Center Colocation and Managed Hosting Services to manage their IT infrastructure and deliver superior customer experiences. Cloud computing enables businesses to store, manage, and process data remotely, enhancing operational efficiency and reducing overhead costs. Cybersecurity is a top priority, with IT security professionals addressing cyber threats, data leakage, malware, and attack surfaces through cyber hardening and endpoint security. The market ecosystem includes various verticals such as IT & telecom, manufacturing, retail & consumer goods, healthcare & life sciences, energy & utilities, media & entertainment, and more. Hybrid work models and distributed teams require robust network monitoring and business continuity solutions. Pricing pressures and differentiation are key challenges, with IT executives seeking a competitive edge through DCaaS offerings. The industry expansion is driven by the Metaverse concept, IoT devices, artificial intelligence, automation, and the growing importance of data management in various industries. Key verticals like healthcare and pharmaceuticals, enterprises, and the retail industry are adopting these services for digital services, online customer experiences, e-commerce, and mobile shopping apps. Physical infrastructure, HIPAA compliance, and availability are crucial considerations, with service-level agreements ensuring business continuity and uptime. The market is also influenced by industry trends like the rise of social media, eBay, Amazon, and other online retail giants, which require robust and secure hosting solutions to manage transaction history and customer data. As the market evolves, businesses must stay informed about the latest cybersecurity threats and best practices to maintain a competitive edge.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userBFSIHealthcareE-commerceTelecommunicationOthersTypeWholesaleRetailGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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As ADA Anniversary Approaches, University of Phoenix Survey Highlights AI’s Potential to Advance Accessibility in Work and Learning

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July 24, 2026

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Survey conducted by The Harris Poll on behalf of University of Phoenix finds among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.

PHOENIX, July 24, 2026 /PRNewswire/ — As artificial intelligence becomes part of how people work, learn and solve problems, a new University of Phoenix survey conducted by The Harris Poll finds that recent working learners see meaningful opportunities for AI to support accessibility. The survey was designed to understand the impact of AI in the workplace and learning environments on accessibility, defined as ensuring digital content, tools and resources, including AI tools and output, are usable by people with different abilities through inclusive design, use of assistive technology or conformance with accessibility standards, such as the Web Content Accessibility Guidelines (WCAG). The findings are being released ahead of the 36th anniversary of the Americans with Disabilities Act (ADA) on July 26.

The survey, conducted among 1,019 U.S. employed adults who completed a professionally presented training or school course in the past 12 months (“recent working learners”), found that, among workers already using AI in the workplace, 3 in 5 (60%) say AI has improved their knowledge of and ability to use accessibility standards and guidelines, including nearly 1 in 5 (19%) who report significant improvement. 

While the findings point to optimism about AI’s accessibility potential, they also reveal an opportunity for clearer organizational guidance: 45% of respondents say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.

“The reality is that accessibility benefits everyone,” shares Kelly Hermann, Vice President of Accessibility and Student Affairs at University of Phoenix. “If accessibility is built in from the beginning, organizations are more likely to create AI-enabled environments that are universally usable. Clearer content, better summaries, accurate captions, and multiple formats can help workers and learners with disabilities, but they also help busy adults, multilingual learners, mobile users, and anyone trying to absorb information quickly.”

Key findings from the survey include:

Workers see AI’s accessibility potential: 89% of recent working learners identify workflows that could benefit from AI and accessibility tools, especially creating accessible documents, presentations, websites or learning materials (38%), presenting information in different formats such as plain language, audio, summaries or translations (33%), and training employees or learners on accessibility practices (30%).AI may help build accessibility awareness: Among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.Accessibility is not always clear in workplace AI policies: 45% of recent working learners say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.AI tools may not yet fully support different access needs: Among those who use workplace AI tools, only about a quarter of survey respondents (27%) say AI tools available through their workplace or professional learning environment support people with disabilities very well.Human oversight remains important: 36% of recent working learners say human review for important decisions or high-impact work should be part of responsible AI use at work or school.Workers also recognize how AI and accessibility can have an impact on their own career journey: 90% of recent working learners identify AI and accessibility skills that would be valuable in their current or desired career field, including 45% who see value in understanding when AI-generated content needs human review.

Why accessibility is essential to responsible AI adoption

As AI tools are used to draft documents, summarize information, generate captions and transcripts, create image descriptions, support learning and assist with workplace tasks, accessibility becomes central to responsible use. Poorly implemented AI can also create or amplify barriers, including inaccessible content, inaccurate summaries, biased outputs and tools that do not work effectively with assistive technologies.

“Responsible AI is not only about productivity,” Hermann said. “It is about whether the technology works for the people who need to use it. AI can help create more accessible materials and more flexible ways to engage with information, but it still requires clear policies, practical training and human judgment to make sure the outputs are accurate, applicable and usable.”

What the findings mean for employers and educators

The survey suggests that organizations have an opportunity to align AI adoption with supportive design, accessibility practices and workforce training. Employers and educators can take immediate steps by:

Naming accessibility directly in AI policies and guidance.Choosing AI tools with accessibility and assistive technology compatibility in mind.Training workers and learners to create, check and improve accessible AI-generated content.Making support pathways clear for people who experience barriers using AI tools.Keeping human review in place for important decisions, high-impact work and accessibility-sensitive outputs.

The survey also found workers want practical AI training. The most helpful resources identified by recent working learners include real-world examples from their field or industry (36%), hands-on practice using realistic workplace scenarios (34%) and step-by-step demonstrations of common tasks (33%).

Accessibility insights from University of Phoenix

Hermann shared the survey findings ahead of the ADA anniversary in recent media interviews. Hermann oversees the University’s accessibility initiative, including evaluation and remediation of curricular resources, the Center for Access, Resources, Engagement and Support Services (CARES), and the Office of Collaborative Learning and Educational Engagement. Her work focuses on fostering accessible and welcoming educational environments for students, faculty and staff.

Hermann’s office at University of Phoenix also convenes accessibility conversations through initiatives such as Access Amplified™, a free, annual virtual event focused on advancing digital accessibility in web development. The event brings together engineers, developers, designers, content authors and digital strategists for practical strategies and human-centered conversations that address the gap between coding practices and how users with assistive technology experience the web.

About the survey

The survey was conducted online within the United States by The Harris Poll on behalf of University of Phoenix from June 22–29, 2026, among 1,019 employed adults ages 18 and older who have taken a professionally presented training or a school course in the past 12 months, referred to as “recent working learners.” Data were weighted where necessary by age, gender, race/ethnicity, region, education, employment, marital status, household size, household income and smoking status to bring them in line with their actual proportions in the population.

Respondents for this survey were selected from among those who have agreed to participate in surveys. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 3.8 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest.

Review the complete survey at phoenix.edu/aiaccessibility.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu. 

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Mastech Digital to Announce Second Quarter 2026 Financial Results; Participate in Upcoming Investor Conference

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July 24, 2026

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PITTSBURGH, July 24, 2026 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH) (“Mastech Digital”), a leading provider of Digital Transformation IT Services, today announced the date for the release of its financial results for the second quarter ended June 30, 2026, and its participation in an upcoming investor conference.

Second Quarter 2026 Earnings:

Mastech Digital will report its financial results for the second quarter 2026 before the market opens on Thursday, August 6, 2026. Management will host a live conference call and webcast at 9:00 a.m. Eastern Time on that day to discuss the Company’s financial performance and operating results.  The conference call will be hosted by Nirav Patel, President and CEO, and Kannan Sugantharaman, Chief Financial and Operations Officer.

Those wishing to participate via webcast should access the call through Mastech Digital’s Investor Relations website at https://investors.mastechdigital.com. Those wishing to participate via telephone may dial in at 1-800-715-9871 (USA) or 1-646-307-1963 (International) with the passcode 7506988. The replay will be available via webcast through Mastech Digital’s Investor Relations website.

Upcoming Investor Conference:

Mr. Sugantharaman will host a fireside chat at the Sidoti Micro-Cap Investor Conference on Wednesday, August 19, 2026, at 9:15 a.m. Eastern Time.

Mastech Digital management is scheduled to host virtual one-on-one and small group meetings with investors during the conference on August 19-20, 2026. Investors interested in arranging a meeting should contact their Sidoti representative or reach out to the Mastech Digital investor relations team at investors@mastechdigital.com.

About Mastech Digital, Inc.

Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company offers Data Management, Analytics & AI Solutions, and IT Staffing Services with a digital-first approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA, with offices across the U.S., Canada, Europe, and India. Visit us at www.mastechdigital.com.

Investor Relations Contact:
investors@mastechdigital.com 

 

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SOLAI Limited Announces Extraordinary General Meeting

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July 24, 2026

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AKRON, Ohio, July 24, 2026 /PRNewswire/ — SOLAI Limited (NYSE: SLAI) (“SOLAI” or the “Company”) (previously known as “BIT Mining Limited”), a technology-driven personal AI and digital infrastructure provider, today announced that it will hold its extraordinary general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio, US on August 14, 2026 at 10:00 a.m., New York time.

Holders of record of ordinary shares and preference shares of the Company at the close of business on July 20, 2026, New York time (the “Record Date”) are entitled to receive notice of, and to attend and vote at, the extraordinary general meeting or any adjournment thereof. Holders of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The notice of the extraordinary general meeting, which sets forth the resolutions to be submitted to shareholder approval at the extraordinary general meeting is available on the Investor Relations section of the Company’s website at https://ir.solai.com. 

About SOLAI Limited

SOLAI Limited (previously known as “BIT Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure for personal AI computing and digital asset ecosystems globally.

For more information:

SOLAI Limited
ir@solai.com
ir.solai.com
www.solai.com 

Christensen Advisory
Jason Ng
Tel: +852-2117-0861
Email: solai@christensencomms.com 

 

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