France Data Center Colocation Market Size, Share, Forecast 2019-2025

Posted by Rishabh on March 12th, 2020

France data center colocation market is estimated to grow considerably at a CAGR of 13.4% during the forecast period. France has a well-developed telecom infrastructure that led to the growth of the market in recent years. According to the ITU, there were around 103 subscriptions of internet per 100 people in 2017 and more than 85% population had access to the internet which was around 57 million. As the number of smartphones will increase, the market of cloud services, security, data backup, and services will also augment in the region which may lead to the increase in demand for data center colocation services in the country.

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France government has its data localization law, which mandates that the personal data of the French people should be stored in the data center situated in the European Union. In June 2016, the country made some amendments in the regulation which mandates the companies to inform the individual about the data retention period, as before it was not mandatory for all companies to specify the same in their privacy policy. Such laws that mandate the storage of data within a particular country or region surges the need for data centers; thereby, leading to the growth of the market. In addition to this, the country has also witnessed a rise in number of data servers in recent years which have driven the growth of market. 

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The companies which are contributing to the growth of France data center colocation market include AT&T, Inc., Cloudscene Pty Ltd., Equinix, Inc., IBM Corp., and Verizon Communications Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

Market Segmentation

France Data Center Colocation Market by Solution Type

  • Retail Colocation
  • Wholesale Colocation

France Data Center Colocation Market by Verticals

  • BFSI
  • IT & Telecom
  • Healthcare
  • Government and Defense
  • Others (Media and Entertainment)

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Rishabh

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Rishabh
Joined: June 18th, 2019
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