Multi-Tenant Data Centers Market Size, Share, and Trends 2025 to 2034

The global multi-tenant data centers market size is calculated at USD 63.36 billion in 2025 and is forecasted to reach around USD 189.59 billion by 2034, accelerating at a CAGR of 12.95% from 2025 to 2034. The North America market size surpassed USD 20.76 billion in 2024 and is expanding at a CAGR of 13.10% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : September 2025  |  Report Code : 6762  |  Category : ICT  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Multi-Tenant Data Centers Market 

5.1. COVID-19 Landscape: Multi-Tenant Data Centers Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Multi-Tenant Data Centers Market, By Service Type

8.1. Multi-Tenant Data Centers Market, by Service Type

8.1.1. Retail colocation (rack/cage-based, shared space)

8.1.1.1. Market Revenue and Forecast

8.1.2. Wholesale colocation (dedicated suites, higher power capacities)

8.1.2.1. Market Revenue and Forecast

8.1.3. Hyperscale colocation (custom-built for hyperscalers)

8.1.3.1. Market Revenue and Forecast

8.1.4. Managed hosting & edge colocation

8.1.4.1. Market Revenue and Forecast

8.1.5. Interconnection services (cross-connects, cloud on-ramps)

8.1.5.1. Market Revenue and Forecast

8.1.6. Disaster recovery & business continuity suites

8.1.6.1. Market Revenue and Forecast

Chapter 9. Global Multi-Tenant Data Centers Market, By Data Center Type

9.1. Multi-Tenant Data Centers Market, by Data Center Type

9.1.1. Carrier-neutral MTDCs (multiple network providers)

9.1.1.1. Market Revenue and Forecast

9.1.2. Carrier-specific MTDCs (owned by telecom operators)

9.1.2.1. Market Revenue and Forecast

9.1.3. Cloud-neutral MTDCs (multi-cloud interconnection hubs)

9.1.3.1. Market Revenue and Forecast

9.1.4. Specialized vertical MTDCs (finance, healthcare, etc.)

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Multi-Tenant Data Centers Market, By Construction Type 

10.1. Multi-Tenant Data Centers Market, by Construction Type

10.1.1. Greenfield MTDCs (new builds)

10.1.1.1. Market Revenue and Forecast

10.1.2. Brownfield MTDCs (retrofit/upgrades)

10.1.2.1. Market Revenue and Forecast

10.1.3. Modular & prefabricated MTDCs

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Multi-Tenant Data Centers Market, By End User / Tenant Type 

11.1. Multi-Tenant Data Centers Market, by End User / Tenant Type

11.1.1. Cloud service providers (CSPs, hyperscalers)

11.1.1.1. Market Revenue and Forecast

11.1.2. Telecom operators & network providers

11.1.2.1. Market Revenue and Forecast

11.1.3. Content & OTT providers (media/streaming)

11.1.3.1. Market Revenue and Forecast

11.1.4. BFSI institutions

11.1.4.1. Market Revenue and Forecast

11.1.5. Healthcare & life sciences

11.1.5.1. Market Revenue and Forecast

11.1.6. Government & defense

11.1.6.1. Market Revenue and Forecast

11.1.7. Enterprises across industries

11.1.7.1. Market Revenue and Forecast

Chapter 12. Global Multi-Tenant Data Centers Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Service Type

12.1.2. Market Revenue and Forecast, by Data Center Type

12.1.3. Market Revenue and Forecast, by Construction Type

12.1.4. Market Revenue and Forecast, by End User / Tenant Type

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Service Type

12.1.5.2. Market Revenue and Forecast, by Data Center Type

12.1.5.3. Market Revenue and Forecast, by Construction Type

12.1.5.4. Market Revenue and Forecast, by End User / Tenant Type

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Service Type

12.1.6.2. Market Revenue and Forecast, by Data Center Type

12.1.6.3. Market Revenue and Forecast, by Construction Type

12.1.6.4. Market Revenue and Forecast, by End User / Tenant Type

12.2. Europe

12.2.1. Market Revenue and Forecast, by Service Type

12.2.2. Market Revenue and Forecast, by Data Center Type

12.2.3. Market Revenue and Forecast, by Construction Type

12.2.4. Market Revenue and Forecast, by End User / Tenant Type

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Service Type

12.2.5.2. Market Revenue and Forecast, by Data Center Type

12.2.5.3. Market Revenue and Forecast, by Construction Type

12.2.5.4. Market Revenue and Forecast, by End User / Tenant Type

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Service Type

12.2.6.2. Market Revenue and Forecast, by Data Center Type

12.2.6.3. Market Revenue and Forecast, by Construction Type

12.2.6.4. Market Revenue and Forecast, by End User / Tenant Type

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Service Type

12.2.7.2. Market Revenue and Forecast, by Data Center Type

12.2.7.3. Market Revenue and Forecast, by Construction Type

12.2.7.4. Market Revenue and Forecast, by End User / Tenant Type

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Service Type

12.2.8.2. Market Revenue and Forecast, by Data Center Type

12.2.8.3. Market Revenue and Forecast, by Construction Type

12.2.8.4. Market Revenue and Forecast, by End User / Tenant Type

12.3. APAC

12.3.1. Market Revenue and Forecast, by Service Type

12.3.2. Market Revenue and Forecast, by Data Center Type

12.3.3. Market Revenue and Forecast, by Construction Type

12.3.4. Market Revenue and Forecast, by End User / Tenant Type

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Service Type

12.3.5.2. Market Revenue and Forecast, by Data Center Type

12.3.5.3. Market Revenue and Forecast, by Construction Type

12.3.5.4. Market Revenue and Forecast, by End User / Tenant Type

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Service Type

12.3.6.2. Market Revenue and Forecast, by Data Center Type

12.3.6.3. Market Revenue and Forecast, by Construction Type

12.3.6.4. Market Revenue and Forecast, by End User / Tenant Type

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Service Type

12.3.7.2. Market Revenue and Forecast, by Data Center Type

12.3.7.3. Market Revenue and Forecast, by Construction Type

12.3.7.4. Market Revenue and Forecast, by End User / Tenant Type

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Service Type

12.3.8.2. Market Revenue and Forecast, by Data Center Type

12.3.8.3. Market Revenue and Forecast, by Construction Type

12.3.8.4. Market Revenue and Forecast, by End User / Tenant Type

12.4. MEA

12.4.1. Market Revenue and Forecast, by Service Type

12.4.2. Market Revenue and Forecast, by Data Center Type

12.4.3. Market Revenue and Forecast, by Construction Type

12.4.4. Market Revenue and Forecast, by End User / Tenant Type

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Service Type

12.4.5.2. Market Revenue and Forecast, by Data Center Type

12.4.5.3. Market Revenue and Forecast, by Construction Type

12.4.5.4. Market Revenue and Forecast, by End User / Tenant Type

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Service Type

12.4.6.2. Market Revenue and Forecast, by Data Center Type

12.4.6.3. Market Revenue and Forecast, by Construction Type

12.4.6.4. Market Revenue and Forecast, by End User / Tenant Type

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Service Type

12.4.7.2. Market Revenue and Forecast, by Data Center Type

12.4.7.3. Market Revenue and Forecast, by Construction Type

12.4.7.4. Market Revenue and Forecast, by End User / Tenant Type

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Service Type

12.4.8.2. Market Revenue and Forecast, by Data Center Type

12.4.8.3. Market Revenue and Forecast, by Construction Type

12.4.8.4. Market Revenue and Forecast, by End User / Tenant Type

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Service Type

12.5.2. Market Revenue and Forecast, by Data Center Type

12.5.3. Market Revenue and Forecast, by Construction Type

12.5.4. Market Revenue and Forecast, by End User / Tenant Type

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Service Type

12.5.5.2. Market Revenue and Forecast, by Data Center Type

12.5.5.3. Market Revenue and Forecast, by Construction Type

12.5.5.4. Market Revenue and Forecast, by End User / Tenant Type

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Service Type

12.5.6.2. Market Revenue and Forecast, by Data Center Type

12.5.6.3. Market Revenue and Forecast, by Construction Type

12.5.6.4. Market Revenue and Forecast, by End User / Tenant Type

Chapter 13. Company Profiles

13.1. Equinix, Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Digital Realty Trust, Inc.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. CyrusOne, Inc.

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. CoreSite Realty Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. NTT Global Data Centers

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Iron Mountain Data Centers

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Global Switch

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. China Telecom Global (CTG)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. China Mobile International (CMI)

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Telehouse (KDDI Group)

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The multi-tenant data centers market size is expected to increase from USD 56.10 billion in 2024 to USD 189.59 billion by 2034.

The multi-tenant data centers market is expected to grow at a compound annual growth rate (CAGR) of around 12.95% from 2025 to 2034.

The major players in the multi-tenant data centers market include Equinix, Inc., Digital Realty Trust, Inc., CyrusOne, Inc., CoreSite Realty Corporation, NTT Global Data Centers, Iron Mountain Data Centers, Global Switch, China Telecom Global (CTG), China Mobile International (CMI), Telehouse (KDDI Group), QTS Realty Trust, ST Telemedia Global Data Centers (STT GDC), Keppel Data Centers, NEXTDC Limited, and Vantage Data Centers.

The driving factors of the multi-tenant data centers market are the growing demand for cost-effective and highly scalable IT infrastructure.

North America region will lead the global multi-tenant data centers market during the forecast period 2025 to 2034.

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