North America Data Center Colocation Market Size, Share & Trends Analysis Report By Type, By Enterprise Size, By Tier Level, By End Use, By Country and Growth Forecast, 2024

List of Tables

The North America Data Center Colocation Market would witness market growth of 15.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Data Center Colocation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $44,518.8 million by 2031. The Canada market is experiencing a CAGR of 17.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 16.5% during (2024 - 2031).

The market has emerged as a crucial pillar in modern IT infrastructure, driven by the rapid digital transformation of businesses, the rise of cloud computing, and the increasing demand for scalable and cost-efficient data management solutions. Organizations across industries, from banking and finance to healthcare, e-commerce, media, and telecommunications, are increasingly adopting colocation services to enhance data security, efficiency, and network connectivity. As enterprises shift from traditional on-premises data centers to third-party colocation facilities, the market is witnessing unprecedented growth.

Colocation services provide businesses with the physical infrastructure to house their servers, storage systems, and networking equipment in professionally managed facilities. By doing so, enterprises benefit from redundant power supply, advanced cooling technologies, high-speed connectivity, and robust security measures without incurring the massive capital expenditure of building and maintaining private data centers. Furthermore, the market has evolved to accommodate modern business needs, including hybrid cloud solutions, edge computing, and artificial intelligence-driven optimizations.

In Mexico, the data center industry is expanding rapidly, with data centers now accounting for nearly a third (32%) of total construction spending in 2024, compared to just 5% in 2014. According to the Centre for Exhibition and Research, this trend is expected to continue, with data center construction approaching 40% of total office construction by 2028. This shift highlights the increasing reliance on cloud services, AI, and big data analytics across industries. As businesses move toward digital-first operations, colocation services provide a cost-efficient alternative to building and maintaining private data centers. Companies in Mexico are leveraging colocation facilities to support high-performance computing, enhance connectivity, and optimize IT infrastructure costs, making colocation a key enabler of digital growth in the region. Therefore, the combined impact of Canada's healthcare-driven digital transformation and Mexico's expanding data center infrastructure is creating significant opportunities for the market.

Based on Type, the market is segmented into Retail Colocation and Wholesale Colocation. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Tier Level, the market is segmented into Tier 3, Tier 4, Tier 1, and Tier 2. Based on End Use, the market is segmented into IT & Telecom, Healthcare, Media & Entertainment, BFSI, Retail, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Rackspace Technology, Inc.
Equinix, Inc.
NTT Data Corporation
Cyxtera Technologies, Inc. (BC Partners and Medina Capital)
Iron Mountain, Inc.
QTS Realty Trust, Inc.
Cologix, Inc.
China Telecom Corporation Limited
CyrusOne LLC
Zayo Group Holdings, Inc.

North America Data Center Colocation Market Report Segmentation

By Type

Retail Colocation
Wholesale Colocation

By Enterprise Size

Large Enterprises
SMEs

By Tier Level

Tier 3
Tier 4
Tier 1
Tier 2

By End Use

IT & Telecom
Healthcare
Media & Entertainment
BFSI
Retail
Other End Use

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Data Center Colocation Market, by Type
- 1.4.2 North America Data Center Colocation Market, by Enterprise Size
- 1.4.3 North America Data Center Colocation Market, by Tier Level
- 1.4.4 North America Data Center Colocation Market, by End Use
- 1.4.5 North America Data Center Colocation Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Data Center Colocation Market by Type

4.1 North America Retail Colocation Market by Region
4.2 North America Wholesale Colocation Market by Region

Chapter 5. North America Data Center Colocation Market by Enterprise Size

5.1 North America Large Enterprises Market by Country
5.2 North America SMEs Market by Country

Chapter 6. North America Data Center Colocation Market by Tier Level

6.1 North America Tier 3 Market by Country
6.2 North America Tier 4 Market by Country
6.3 North America Tier 1 Market by Country
6.4 North America Tier 2 Market by Country

Chapter 7. North America Data Center Colocation Market by End Use

7.1 North America IT & Telecom Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Media & Entertainment Market by Country
7.4 North America BFSI Market by Country
7.5 North America Retail Market by Country
7.6 North America Other End Use Market by Country

Chapter 8. North America Data Center Colocation Market by Country

8.1 US Data Center Colocation Market
- 8.1.1 US Data Center Colocation Market by Type
- 8.1.2 US Data Center Colocation Market by Enterprise Size
- 8.1.3 US Data Center Colocation Market by Tier Level
- 8.1.4 US Data Center Colocation Market by End Use
8.2 Canada Data Center Colocation Market
- 8.2.1 Canada Data Center Colocation Market by Type
- 8.2.2 Canada Data Center Colocation Market by Enterprise Size
- 8.2.3 Canada Data Center Colocation Market by Tier Level
- 8.2.4 Canada Data Center Colocation Market by End Use
8.3 Mexico Data Center Colocation Market
- 8.3.1 Mexico Data Center Colocation Market by Type
- 8.3.2 Mexico Data Center Colocation Market by Enterprise Size
- 8.3.3 Mexico Data Center Colocation Market by Tier Level
- 8.3.4 Mexico Data Center Colocation Market by End Use
8.4 Rest of North America Data Center Colocation Market
- 8.4.1 Rest of North America Data Center Colocation Market by Type
- 8.4.2 Rest of North America Data Center Colocation Market by Enterprise Size
- 8.4.3 Rest of North America Data Center Colocation Market by Tier Level
- 8.4.4 Rest of North America Data Center Colocation Market by End Use

Chapter 9. Company Profiles

9.1 Rackspace Technology, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional & Segmental Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
9.2 Equinix, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Recent strategies and developments:
  - 9.2.4.1 Partnerships, Collaborations, and Agreements:
  - 9.2.4.2 Geographical Expansion:
- 9.2.5 SWOT Analysis
9.3 NTT Data Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
9.4 Cyxtera Technologies, Inc. (BC Partners and Medina Capital)
- 9.4.1 Company Overview
- 9.4.2 Recent strategies and developments:
  - 9.4.2.1 Partnerships, Collaborations, and Agreements:
- 9.4.3 SWOT Analysis
9.5 Iron Mountain Incorporated
- 9.5.1 Company Overview
- 9.5.1 Financial Analysis
- 9.5.2 Segmental and Regional Analysis
9.6 QTS Realty Trust, LLC
- 9.6.1 Company Overview
9.7 Cologix, Inc.
- 9.7.1 Company Overview
9.8 China Telecom Corporation Limited
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Research & Development Expenses
9.9 CyrusOne LLC
- 9.9.1 Company Overview
9.10. Zayo Group Holdings, Inc.
- 9.10.1 Company Overview

LIST OF TABLES

TABLE 1 North America Data Center Colocation Market, 2020 - 2023, USD Million
TABLE 2 North America Data Center Colocation Market, 2024 - 2031, USD Million
TABLE 3 North America Data Center Colocation Market by Type, 2020 - 2023, USD Million
TABLE 4 North America Data Center Colocation Market by Type, 2024 - 2031, USD Million
TABLE 5 North America Retail Colocation Market by Region, 2020 - 2023, USD Million
TABLE 6 North America Retail Colocation Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Wholesale Colocation Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Wholesale Colocation Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Data Center Colocation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 10 North America Data Center Colocation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 11 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 13 North America SMEs Market by Country, 2020 - 2023, USD Million
TABLE 14 North America SMEs Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Data Center Colocation Market by Tier Level, 2020 - 2023, USD Million
TABLE 16 North America Data Center Colocation Market by Tier Level, 2024 - 2031, USD Million
TABLE 17 North America Tier 3 Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Tier 3 Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Tier 4 Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Tier 4 Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Tier 1 Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Tier 1 Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Tier 2 Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Tier 2 Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Data Center Colocation Market by End Use, 2020 - 2023, USD Million
TABLE 26 North America Data Center Colocation Market by End Use, 2024 - 2031, USD Million
TABLE 27 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 28 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 33 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 34 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Other End Use Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Other End Use Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Data Center Colocation Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Data Center Colocation Market by Country, 2024 - 2031, USD Million
TABLE 41 US Data Center Colocation Market, 2020 - 2023, USD Million
TABLE 42 US Data Center Colocation Market, 2024 - 2031, USD Million
TABLE 43 US Data Center Colocation Market by Type, 2020 - 2023, USD Million
TABLE 44 US Data Center Colocation Market by Type, 2024 - 2031, USD Million
TABLE 45 US Data Center Colocation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 46 US Data Center Colocation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 47 US Data Center Colocation Market by Tier Level, 2020 - 2023, USD Million
TABLE 48 US Data Center Colocation Market by Tier Level, 2024 - 2031, USD Million
TABLE 49 US Data Center Colocation Market by End Use, 2020 - 2023, USD Million
TABLE 50 US Data Center Colocation Market by End Use, 2024 - 2031, USD Million
TABLE 51 Canada Data Center Colocation Market, 2020 - 2023, USD Million
TABLE 52 Canada Data Center Colocation Market, 2024 - 2031, USD Million
TABLE 53 Canada Data Center Colocation Market by Type, 2020 - 2023, USD Million
TABLE 54 Canada Data Center Colocation Market by Type, 2024 - 2031, USD Million
TABLE 55 Canada Data Center Colocation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 56 Canada Data Center Colocation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 57 Canada Data Center Colocation Market by Tier Level, 2020 - 2023, USD Million
TABLE 58 Canada Data Center Colocation Market by Tier Level, 2024 - 2031, USD Million
TABLE 59 Canada Data Center Colocation Market by End Use, 2020 - 2023, USD Million
TABLE 60 Canada Data Center Colocation Market by End Use, 2024 - 2031, USD Million
TABLE 61 Mexico Data Center Colocation Market, 2020 - 2023, USD Million
TABLE 62 Mexico Data Center Colocation Market, 2024 - 2031, USD Million
TABLE 63 Mexico Data Center Colocation Market by Type, 2020 - 2023, USD Million
TABLE 64 Mexico Data Center Colocation Market by Type, 2024 - 2031, USD Million
TABLE 65 Mexico Data Center Colocation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 66 Mexico Data Center Colocation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 67 Mexico Data Center Colocation Market by Tier Level, 2020 - 2023, USD Million
TABLE 68 Mexico Data Center Colocation Market by Tier Level, 2024 - 2031, USD Million
TABLE 69 Mexico Data Center Colocation Market by End Use, 2020 - 2023, USD Million
TABLE 70 Mexico Data Center Colocation Market by End Use, 2024 - 2031, USD Million
TABLE 71 Rest of North America Data Center Colocation Market, 2020 - 2023, USD Million
TABLE 72 Rest of North America Data Center Colocation Market, 2024 - 2031, USD Million
TABLE 73 Rest of North America Data Center Colocation Market by Type, 2020 - 2023, USD Million
TABLE 74 Rest of North America Data Center Colocation Market by Type, 2024 - 2031, USD Million
TABLE 75 Rest of North America Data Center Colocation Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 76 Rest of North America Data Center Colocation Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 77 Rest of North America Data Center Colocation Market by Tier Level, 2020 - 2023, USD Million
TABLE 78 Rest of North America Data Center Colocation Market by Tier Level, 2024 - 2031, USD Million
TABLE 79 Rest of North America Data Center Colocation Market by End Use, 2020 - 2023, USD Million
TABLE 80 Rest of North America Data Center Colocation Market by End Use, 2024 - 2031, USD Million
TABLE 81 Key information - Rackspace Technology, Inc.
TABLE 82 key information - Equinix, Inc.
TABLE 83 Key Information - NTT Data Corporation
TABLE 84 Key Information - Cyxtera Technologies, Inc.
TABLE 85 key Information - Iron Mountain Incorporated
TABLE 86 Key Information - QTS Realty Trust, LLC
TABLE 87 Key Information - Cologix, Inc.
TABLE 88 Key Information - China Telecom Corporation Limited
TABLE 89 Key Information - CyrusOne LLC
TABLE 90 Key Information - Zayo Group Holdings, Inc.

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 North America Data Center Colocation Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Center Colocation Market
FIG 4 Porter's Five Forces Analysis - Data Center Colocation Market
FIG 5 North America Data Center Colocation Market share by Type, 2023
FIG 6 North America Data Center Colocation Market share by Type, 2031
FIG 7 North America Data Center Colocation Market by Type, 2020 - 2031, USD Million
FIG 8 North America Data Center Colocation Market share by Enterprise Size, 2023
FIG 9 North America Data Center Colocation Market share by Enterprise Size, 2031
FIG 10 North America Data Center Colocation Market by Enterprise Size, 2020 - 2031, USD Million
FIG 11 North America Data Center Colocation Market share by Tier Level, 2023
FIG 12 North America Data Center Colocation Market share by Tier Level, 2031
FIG 13 North America Data Center Colocation Market by Tier Level, 2020 - 2031, USD Million
FIG 14 North America Data Center Colocation Market share by End Use, 2023
FIG 15 North America Data Center Colocation Market share by End Use, 2031
FIG 16 North America Data Center Colocation Market by End Use, 2020 - 2031, USD Million
FIG 17 North America Data Center Colocation Market share by Country, 2023
FIG 18 North America Data Center Colocation Market share by Country, 2031
FIG 19 North America Data Center Colocation Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: Rackspace Technology, Inc.
FIG 21 Recent strategies and developments: EQUINIX, INC.
FIG 22 SWOT Analysis: EQUINIX, INC.
FIG 23 SWOT Analysis: Cyxtera Technologies, Inc.

North America Data Center Colocation Market Size, Share & Trends Analysis Report By Type, By Enterprise Size, By Tier Level, By End Use, By Country and Growth Forecast, 2024 - 2031

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