Top 25 metro areas generated 65% of worldwide colocation revenues in Q2

Wednesday 16 September 2020 | 13:53 CET | News
Washington, Tokyo, London, New York and Shanghai led the global retail and wholesale colocation market in the second quarter, according to the latest study from the Synergy Research Group. The five cities together made up 27 percent of the total market. The next 20 largest metro markets accounted for another 38 percent of the market. All together, these top 25 metros generated 65 percent of worldwide revenues. They have over the past 20 years been relatively consistent at the 63-65 mark. 

The top 25 metros include 11 cities in North America, 9 in APAC, 4 in EMEA and 1 in Latin American. 

Equinix, Digital Realty and NTT were the largest colocation providers during the quarter. Equinix alone is the retail colocation leader in 16 of the top 25 metros. Digital Realty is the leader in the wholesale segment in seven of the metros, with NTT, Global Switch and GDS each leading in at least two. 

Other colocation operators that feature heavily in the top 25 include 21Vianet, @Tokyo, China Telecom, china Unicom, CoreSite, CyrusOne, Cyxtera, KDDI and qts. Among the top 25 metros, those with the highest colocation growth rates (in local currencies) include Sao Paulo, Beijing, Shanghai and Seoul, all of which grew by well over 20 percent in the last year. Other metros with growth rates well above the worldwide average include Phoenix, Frankfurt, Mumbai and Osaka. While not in the group of highest growth metros overall, growth in wholesale revenues was very strong in Washington DC/Northern Virginia and London.

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Categories: Fixed
Companies: China Telecom / China Unicom / CyrusOne / Digital Realty / Equinix / Global Switch / KDDI / NTT
Countries: World
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