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Stock impact report

UK Colocation Market Set for Continued Growth, Forecasted to Reach US$3.85 Billion by 2029 [Yahoo! Finance]

Equinix, Inc. (EQIX) 
Last equinix, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: equinix.com/company/investors
Company Research Source: Yahoo! Finance
The UK colocation market is expected to grow at a CAGR of 6.5%, reaching a market size of US$3.85 billion in 2029 from US$2.46 billion in 2022. The colocation data center provides renting space to business companies for servers as well as other computing hardware, thereby enabling them to remove in-house servers or data centers. It provides them access to advanced data center technology which offers security, continuity, and scalability for various applications and data systems. Key Market Drivers Growing digital transformation and internet users bolster the market growth The United Kingdom is witnessing a significant increase in its internet users as well also it is actively involved in the establishment of digital transformation schemes for sectors. For instance, in June 2022, the British government launched a new digital and data strategy for the system and services transformation of sectors by 2025. The growing number of internet users coupled with the establishment of Show less Read more
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