Colocation data centres refer to a data centre that allows customers to rent out space for their own hardware . Renting out space in a data centre is often more economical for companies , rather than maintaining their own on-premises servers .

AI and the cloud dominate industry consciousness It is expected that the colocation market will only continue to grow . Research in December 2023 found that the data centre colocation market would expand at a 14.9 % CAGR and reach US $ 279.1bn by 2034 .

This growth highlights the significance of robust data infrastructure and how the industry is seeking to evolve to keep up with customer needs .

“ It ’ s no surprise to see the data centre colocation market receiving significant investment in new facilities throughout

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