Comprehensive Report on Netherlands Colocation Market by Knowledge Sourcing Intelligence
The Netherlands colocation market is projected to witness a compound annual growth rate of 16.90% during the forecast period, reaching a total market size of US$7.321 billion in 2023 from US$2.869 billion in 2017. Netherlands is one of the most advanced markets for data center operation in Europe, and the country is also one of the top users of cloud computing services in the region. Increasing adoption of big data analytics across different industry verticals is expected to increase the demand for colocation during the forecast period. In addition, use of cloud computing service by the individuals in the country has increased from 31% in 2014 to 46% in 2017 (Source: Statistics Netherlands), with majority of them using storage services for storing images and text documents with the proportion increasing from 87% to 90% and 58% to 59% from 2015 to 2017 respectively. Thus, the continuous increase in the number of individuals using colocation services along with