Market Share of Multi-Tenant Data Center Industry
The multi-tenant data center market is fragmented and consists of a limited number of large-scale data center colocation service providers and numerous small-scale vendors. During the forecast period, there will be more competition between the players because the number of colocation centers is going up.
In August 2022, Equinix's SG5, Singapore's tallest multi-tenant data center, opened and was mainly constructed with an initial investment of around USD 144 million. The SG5 is noteworthy for more than its height. It's Equinix's fifth data center in Singapore, but only its second greenfield facility.
In May 2022, Cyxtera, a global leader in data center interconnection and colocation services, declared it would begin offering colocation solutions in India through a strategic partnership with Sify Technologies Limited, one of India's leading digital ICT solutions providers. Cyxtera can deliver colocation services to customers in five additional markets in one of the most essential and fastest-growing global economies. As part of the partnership, Sify would sell Cyxtera's full suite of solutions to more than 10,000 customers in North America, Europe, and the Asia-Pacific region.
Multi-Tenant Data Center Market Leaders
CenturyLink Inc.
Equinix Inc.
Global Switch Ltd.
NTT Communications Corporation
Rackspace Inc.
*Disclaimer: Major Players sorted in no particular order
