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The global colocation edge data center market is expected to see significant growth in the coming years, driven by the increasing demand for advanced technologies and cloud services. The market is also witnessing a rise in the adoption of 5G networks and edge data centers as a service. Major players in the market include Verizon, Dell, Huawei, NTT Communications, and IBM. Other key trends in the market include the need for improved data handling and customer services, the use of edge solutions, and the innovation of hybrid cloud infrastructure. The market is expected to reach a value of $24.67 billion by 2028, with a CAGR of 25.7%.