Connect with us

Technology

Data Center Colocation and Managed Hosting Services Market to Grow by USD 236.9 Billion (2024-2028), Driven by Rising Demand for Colocation Facilities, with AI Impacting Market Trends – Technavio

Published

1 year ago

on

NEW YORK, Nov. 20, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global data center colocation and managed hosting services market  size is estimated to grow by USD 236.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  16.82%  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..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (BFSI, Healthcare, E-commerce, Telecommunication, and Others), Type (Wholesale and Retail), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

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

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.

Key Market Trends Fueling Growth

In today’s digital age, businesses are increasingly relying on data center colocation and managed hosting services to manage their IT infrastructure. Trends such as cloud computing, cybersecurity, data management, remote work solutions, artificial intelligence, automation, IoT devices, and hybrid work models are driving the growth of this market. IT & telecom, manufacturing, retail & consumer goods, healthcare & life sciences, energy & utilities, media & entertainment, and various verticals are investing in these services for operational efficiency and overhead cost savings. Cybersecurity is a top priority, with IT executives focusing on data security, endpoint security, network monitoring, and business continuity. Pricing pressures and differentiation are key challenges, as companies seek to provide superior customer experiences and competitive edge in the market ecosystem. Deployment models like DCaaS (Data Center as a Service) are gaining popularity, as are hybrid models that combine on-premises infrastructure and cloud solutions. Cyber threats, data leakage, and attack surfaces are major concerns, with cyber hardening and malware protection essential. HIPAA compliance is crucial for healthcare and pharmaceuticals, while availability and service-level agreements are critical for all industries. Rackspace Technology and Google Cloud are major players, offering a range of services from physical infrastructure to digital services and online customer experiences. The retail industry, in particular, is embracing e-commerce, mobile shopping apps, and transaction history analysis, with giants like eBay and Amazon leading the way. The market is expanding rapidly, with the metaverse concept and social media adding new dimensions to the digital services landscape. 

The data center colocation and managed hosting services market are 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 influx. Equinix Inc., among other providers, has announced the construction of such data centers in May 2022. These facilities will cater to the escalating information processing demands of a connected world. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

In today’s digital age, businesses face numerous challenges in managing their IT infrastructure. Cloud computing has disrupted traditional data center models, leading to cybersecurity concerns. Data management, remote work solutions, and the increasing use of IoT devices require new approaches. Hybrid work models and distributed teams demand endpoint security and network monitoring. Pricing pressures force differentiation through superior customer experiences and client relationships. IT security professionals grapple with cyber threats, data leakage, and attack surfaces from malware. Operational efficiency and regulatory compliance, such as HIPAA, add to the complexity. Data center colocation and managed hosting services offer physical infrastructure solutions, overhead cost savings, and a competitive edge. Rackspace Technology and Google Cloud are key players, while on-premises infrastructure and social media platforms like eBay and Amazon continue to shape the market ecosystem. Verticals like retail, healthcare, energy, media, and manufacturing all have unique needs. IT executives must navigate these challenges to maintain business continuity and ensure availability through service-level agreements (SLAs). DCaaS and IT & telecom companies are essential partners in this digital transformation journey.The global shift towards cloud computing is driving the growth of data center colocation and managed hosting services market. Organizations, regardless of size, are seeking to minimize capital expenditures (CAPEX) by adopting cloud solutions. SMEs and start-ups benefit from the scalability of hardware and resources provided by cloud service providers. Large enterprises also leverage cloud-based services to scale workloads on-demand, eliminating the need for expensive data center setup and maintenance. Cloud solutions offer quicker implementation compared to traditional on-premises software, making them an attractive choice for businesses.

Insights into how AI is reshaping industries and driving growth- Download 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 activities in North America, Europe, and developing economies like India and China in APAC. Financial data, including customer financials, account information, cardholder data, and transaction and personal information, is highly regulated by regulatory bodies such as the EU’s General Data Protection Regulation (GDPR). BFSI companies, including Goldman Sachs, JPMorgan Chase and Co., and Morgan Stanley, require optimal uptime, security, connectivity, and data integrity for sharing information across networks. Traditional data center ownership poses 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 of the data center colocation and managed hosting services market during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Data Center Colocation and Managed Hosting Services market is experiencing significant growth due to the increasing demand for cybersecurity, data management, and remote work solutions. With the rise of artificial intelligence, automation, IoT devices, and hybrid work models, businesses require secure and efficient data center solutions to manage their digital transformation. IT security professionals are prioritizing data security, endpoint security, and network monitoring to protect sensitive information. Differentiating customer experiences and building strong client relationships are crucial for gaining a competitive edge. Deployment models, operational efficiency, and regulatory compliance, such as HIPAA in healthcare and pharmaceuticals, are also key considerations. Enterprises are turning to colocation and managed hosting services to meet their unique needs, drive innovation, 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. These services offer operational efficiency, overhead cost savings, and access to advanced technologies such as Cloud computing, Artificial Intelligence, and Internet of Things (IoT) devices. With the shift to remote work solutions and hybrid work models, data security and cybersecurity have become paramount. IT security professionals are tasked with safeguarding against cyber threats, data leakage, malware, and attack surfaces. The market ecosystem includes IT & telecom, manufacturing, retail & consumer goods, healthcare & life sciences, energy & utilities, media & entertainment, and various verticals. Industry expansion brings new opportunities but also pricing pressures, requiring differentiation through superior customer experiences and client relationships. Deployment models range from on-premises infrastructure to DCaaS, with IT executives leveraging these services to gain a competitive edge. In the Metaverse concept, data centers play a crucial role in supporting digital services, online customer experiences, e-commerce, and online retail. Companies like Rackspace Technology and Google Cloud are leading the charge, offering managed hosting services tailored to various industries, from healthcare and pharmaceuticals to enterprises. The retail industry, in particular, benefits from data management, enabling transaction history analysis, cashierless checkout, and personalized marketing through social media and mobile shopping apps. However, the increasing use of these services also presents challenges. Ensuring HIPAA compliance in healthcare and pharmaceuticals, addressing cybersecurity concerns, and maintaining availability and business continuity through service-level agreements are critical. As the market evolves, providers must stay ahead of the curve, offering advanced security features like cyber hardening and endpoint security, as well as network monitoring and automation to meet the demands of distributed teams.

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/data-center-colocation-and-managed-hosting-services-market-to-grow-by-usd-236-9-billion-2024-2028-driven-by-rising-demand-for-colocation-facilities-with-ai-impacting-market-trends—technavio-302311083.html

SOURCE Technavio

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

SoftBank Corp. and TOPPAN Holdings Develop Lightweight, Durable Skin for Solar HAPS Aircraft Wings

Published

16 minutes ago

on

April 27, 2026

By

Skin’s compatibility with stratospheric conditions such as extreme UV rays and ultra-low temperatures makes longer HAPS operations possible

TOKYO, April 27, 2026 /PRNewswire/ — SoftBank Corp. (TYO: 9434) (President & CEO: Junichi Miyakawa, “SoftBank”) and TOPPAN Holdings Inc. (TYO: 7911) (President & COO: Satoshi Oya, “TOPPAN Holdings”) jointly developed a lightweight, durable skin for use on solar High-Altitude Platform Station (HAPS) aircraft wings and devised a testing method that replicates the stratosphere’s environment. Test production will go forward, and the aircraft wing skin is planned for use with HTA-type[1] HAPS, which SoftBank plans to deploy for commercial services from 2029 onwards.     

This jointly developed HAPS aircraft wing skin and test method that reproduces stratospheric conditions were made possible by combining SoftBank’s HAPS expertise and TOPPAN Holdings’ know-how accrued over years of creating advanced multi-layered film technology designed for packaging and construction materials. TOPPAN Holdings also leveraged its proprietary technology that evaluates weather resistance. This joint development mitigates film damage (degradation) caused by strong ultraviolet (UV) rays and ultra-low temperatures of almost -100°C. As a result, the aircraft can stay in the stratosphere for longer periods. 

Development Background
HAPS, also referred to as “base stations in the sky,” provide communication services from uncrewed aircraft that remain airborne in the stratosphere. Being able to keep an aircraft with a communications payload airborne for extended periods of time would make it possible to provide an alternative means of communications in the aftermath of large-scale natural disasters, as well as provide communication services to under-connected areas, such as mountainous regions and remote islands. As these platforms operate from the stratosphere at an altitude of approximately 20 km above, they offer wider-area coverage than base stations on the ground, while also providing high-quality, high-volume, low-latency communications superior to satellite-based communications. However, at this altitude in the stratosphere, UV ray and ozone exposure is far greater than at ground level, and with exposure to extremely cold temperatures that sometimes drop to almost -100℃, impaired efficacy due to these environmental factors had been a serious issue with conventional all-purpose skins. Responding to this challenge, SoftBank and TOPPAN Holdings jointly developed a new ultra-lightweight, high-durability skin for aircraft wings capable of withstanding the harsh conditions of the stratosphere, along with a specialized methodology for its evaluation.     

Wing Skin & Evaluation Method Characteristics
1. Use of impact-resistant advanced resin and proprietary structure to achieve both lightweighting and safety
Leveraging converting technology[2] developed for packaging by TOPPAN Holdings, an optimized skin structure was achieved by precisely layering original materials and impact-resistant advanced resin suitable for use at extremely low temperature conditions. The resulting skin weighs the same as or less than average conventional all-purpose skin, and even if damage to the skin were to occur, the break-resistant design keeps damage from spreading, allowing for both a safe and lighter HAPS airframe.    

2. Advanced durability to address harsh stratospheric conditions
SoftBank has contributed real-world data from its stratospheric HAPS flights, including actual temperature measurements and deep ultraviolet (UV-C) ray exposure conditions, and has also defined requirements such as weight reduction and other performance criteria. This has enabled TOPPAN Holdings to design a skin that addresses exposure to the harsh environmental conditions of the stratosphere by applying technology developed for construction materials. These conditions particular to the stratosphere include everything from extremely low temperatures (approximately -50℃ to -95℃) to extreme heat (approximately 100℃) from direct sunlight. The skin is also resistant to short wave UV-C and high-concentration ozone (10-20 ppm, parts per million) exposure that are far stronger than at ground level. This durability will allow for extended HAPS operation periods.      

3. Establishing a testing method that simulates stratospheric conditions to ensure reliability
TOPPAN Holdings leveraged its knowledge of packaging film testing and accelerated durability testing of construction materials, to construct a new test environment that assesses the skin under a simulation of the ultralow temperatures of the stratosphere, while also facilitating the testing of simultaneous exposure from short wave UV rays and the ozone. By using this test environment, it is possible to understand the detailed mechanisms of deterioration particular to the stratosphere and to use that knowledge for improved product design. This understanding and design adjustment makes it possible to carry out a more precise and more reliable evaluation compared to former testing methods.     

Roles of Both Companies
SoftBank
Provide expertise required to evaluate the suitability of the skin as well as expertise on HAPS operations
Supervision of advancing use with HAPS aircraft and transferring advances to practical application

TOPPAN Holdings
Develop and provide skin material suitable for HAPS aircraft
Proposal for evaluation method in stratospheric environment

Future Developments
SoftBank and TOPPAN Holdings will proceed with research to make the skin material developed within the scope of this project even lighter and stronger by fiscal 2027 (the year ending March 31, 2028). Additionally, while evaluating durability in the stratosphere, both companies will also attempt to establish mass production technology capable of ensuring sufficient supply and reliable quality by fiscal 2028. Also, based on testing outcomes, additional functions will be added, and the skin is expected to be used by SoftBank on HTA-type HAPS aircraft that provide commercial services, planned for launch from 2029 onwards. Both companies also plan to apply this skin to other fields that require a high level of durability.

[1] HTA (Heavier-Than-Air) refers to HAPS that remain airborne by generating aerodynamic lift, similar to conventional aircraft.

[2] Converting technology is the process of transforming materials like film into high-function final products through specialized processing such as printing and lamination. 

For more information:
https://www.holdings.toppan.com/en/news/04/newsrelease260427_1.html 

About SoftBank Corp.
Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is expanding into non-telecom fields in line with its “Beyond Carrier” growth strategy while further growing its telecom business by harnessing the power of 5G/6G, IoT, Digital Twin and Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications. While constructing AI data centers and developing homegrown LLMs specialized for the Japanese language, SoftBank is integrating AI with radio access networks (AI-RAN), with the aim of becoming a provider of next-generation social infrastructure.
https://www.softbank.jp/en/corp/

About the TOPPAN Group
Established in Tokyo in 1900, the TOPPAN Group is a leading and diversified global provider committed to delivering sustainable, integrated solutions in fields including printing, communications, security, packaging, décor materials, electronics, and digital transformation. The TOPPAN Group’s global team of more than 50,000 employees offers optimal solutions enabled by industry-leading expertise and technologies to address the diverse challenges of every business sector and society and contribute to the achievement of shared sustainability goals.
https://www.holdings.toppan.com/en/
https://www.linkedin.com/company/toppan/

 

View original content:https://www.prnewswire.com/news-releases/softbank-corp-and-toppan-holdings-develop-lightweight-durable-skin-for-solar-haps-aircraft-wings-302753970.html

SOURCE TOPPAN Holdings

Continue Reading

Technology

TravelingWiki Foundation Launches SportsFanWiki.com, Providing Disabled Fans with Sports Venue Specific Information in Wiki Format

Published

17 minutes ago

on

April 27, 2026

By

The setup of SportsFanWiki.com mirrors the extremely successful format of TravelingWiki.com, which documents disability resources for all FAA Large Sized and FAA Medium Sized hub airports and leverages the launch of a GenAI platform to ensure access across society to expanded disability resources information.

LAS VEGAS, April 27, 2026 /PRNewswire-PRWeb/ — TravelingWiki Foundation announces the launch of SportsFanWiki.com, providing a comprehensive database of sports venue information for fans with Non Visible Disabilities. The setup of SportsFanWiki.com mirrors the extremely successful format of TravelingWiki.com, which documents disability resources for all FAA Large Sized and FAA Medium Sized hub airports.

Leadership of TravelingWiki Foundation is honored to expand to sports venue disability information, offered free to the public and funded via the the sale of cards from the extraordinary careers of Michael Jordan, Lebron James, Shohei Ohtani and Mickey Mantle.

The launch of SportsFanWiki occurs at the same time as the launch of ShoheiAutographs.com; MantleRookies.com; KobeRookies.com; and LebronRookies.com, offering market leading sports card inventory of Shohei Ohtani, Mickey Mantle, Kobe Bryant and Lebron James, respectively. The launch highlights TravelingWiki’s services offered including new Generative AI functionality via a GenAI platform currently in beta testing. The launch also spotlights TravelingWiki’s CardForACause.com platform for free disability resources offered to 20 million Americans for no cost as funded with sports cards sales nationwide via the most two recent White House administrations.

TravelingWiki CEO Jonathan Sutter notes, “Leadership of TravelingWiki Foundation is honored to expand to sports venue disability information, offered free to the public and funded via the the sale of cards from the extraordinary careers of Michael Jordan, Lebron James, Shohei Ohtani and Mickey Mantle, to highlight the critical resources offered via TravelingWiki for the Non Visible Disability community.”

More information about the non-profit work of TravelingWiki foundation is available via visiting http://www.Travelingwiki.com.

Media Contact

Jonathan Sutter, TravelingWiki Foundation, 1 4044033333, jonathan.sutter@travelingwiki.com, http://www.TravelingWiki.com

Jonathan Sutter, TravelingWiki Foundation, 1 4044033333, jonathan.sutter@travelingwiki.com, http://www.TravelingWiki.com

LinkedIn

View original content:https://www.prweb.com/releases/travelingwiki-foundation-launches-sportsfanwikicom-providing-disabled-fans-with-sports-venue-specific-information-in-wiki-format-302753876.html

SOURCE TravelingWiki Foundation

Continue Reading

Technology

AiPPT.com Expands Its Approach to Turning Information into Ready-to-Use Presentations in India

Published

17 minutes ago

on

April 27, 2026

By

NEW DELHI, April 27, 2026 /PRNewswire/ — AiPPT.com has refined its platform as demand continues to grow in India for faster ways to turn everyday information into structured presentations.

Across universities, coaching centers, startups, and corporate teams, presentation work often begins with scattered material from notes, documents, and online sources. The platform focuses on converting this workflow into a single process that produces usable slides from raw input. The aim is to reduce preparation time while keeping presentations clear and ready for use.

A Workflow Built Around Content

AiPPT.com allows users to start in familiar ways. A topic can be entered directly, or files such as Word and PDF documents can be uploaded. Web content can also be converted into slides via the URL-to-PPT feature, which turns online information into structured presentations.

The system analyzes the input and builds a presentation with clear sections and logical flow. Slides are generated with formatting applied automatically, reducing manual effort.

For users looking for inspiration, AiPPT.com also provides resources such as easy presentation topics to help them get started more quickly.

From Scattered Information to Clear Communication

In academic and workplace settings, information is often spread across multiple formats. Turning this into a structured presentation can take time.

AiPPT.com simplifies this process. A report can become a meeting deck. A research paper can be turned into a seminar presentation. Startups can quickly build investor materials using the AI pitch deck generator. Educators can create structured lessons with support from tools designed for teaching, such as AI for teachers.

A Flexible System for Editing and Conversion

AiPPT.com supports full editing after generation. Users can adjust text, change slide order, or refine structure. Presentations can also be edited directly through its online PPT editor.

Users can also choose from a range of presentation templates to match different use cases. This flexibility helps users adapt presentations for classrooms, meetings, and digital sharing without rebuilding them.

About AiPPT.com

AiPPT.com is an AI-powered PPT generator focused on turning information into structured presentations. The company builds tools that connect content creation, organization, and presentation in one workflow. Its goal is to support clearer communication by helping users transform ideas and materials into ready to use slides efficiently.

Contact Information
Company Name: PIXELBLOOM PTE. LTD.
Email: support@aippt.com

Website: https://www.aippt.com/

View original content:https://www.prnewswire.com/in/news-releases/aipptcom-expands-its-approach-to-turning-information-into-ready-to-use-presentations-in-india-302753879.html

Continue Reading

Trending