Asia-Pacific Data Center Market By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, and Others), By Enterprise Size (Large Enterprises, Small & Medium Enterprises (SMEs)), By End User (Information Technology & Telecom, Government, BFSI, Healthcare, and Others), By Region, Competition Forecast & Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAsia-Pacific Data Center Market By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, and Others), By Enterprise Size (Large Enterprises, Small & Medium Enterprises (SMEs)), By End User (Information Technology & Telecom, Government, BFSI, Healthcare, and Others), By Region, Competition Forecast & Opportunities, 2028
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 14.57 Billion |
| Largest Market | China |
| CAGR (2023-2028) | 14.63% |
| Fastest Growing Segment | Healthcare |
A data center is a reserved space within a building block, or a group of rooms used to establish computer systems and associated components, such as telecommunications and storage devices. Throughout the forecast period, server farms have changed from being exclusive to stringently directed on-premises offices.
Market Drivers
Increasing Adoption of Cloud and Digital Transformation by Companies
Asia-Pacific is observing a steady rise in the use of smart technologies, such as IoT and big data in different industry sectors. For instance, numerous startup companies use big data analytics solutions in the agricultural industry. Utilizing big data analytics solutions in the healthcare sector, among other things, to store patient health detailed records and disease records. Nowadays Australia has a well-organized healthcare system and spends about the OECD average of 10% of GDP on healthcare. Since the healthcare sector is growing in Australia the overall demand for data centers to handle large-size data is growing rapidly. As a result of this rise in demand, the data center market in Asia-Pacific is likely to proliferate in the coming years.
In addition, Amazon Web Services (AWS), a major U.S. e-commerce company's cloud arm, recently 2023, announced a USD 5 billion investment in Indonesia over the next 15 years to accelerate cloud adoption and digital transformation, including the construction of additional data centers. Therefore, the Indonesian government and authorities have entirely supported the growth of data-intensive industries like edge computing and the Internet of Things (IoT), AI, robots, and 5G infrastructure. Most of the data generated by all these industries should pass through a data center. As cloud-managed services are an essential component of digital transformation, their requirement will continue to grow in the upcoming years, due to the trend toward remote working that many businesses are moving toward. Various regulations and reforms have provided the essential framework for this expansion as a result of the government's efforts to make Indonesia a global data hub, and more new businesses will enter the market in the coming years. As a result, the expansion of the Asia-Pacific Data Center Market is credited with the rapid adoption of cloud computing and digital transformation by businesses.
Rise in Renewable Energy & Infrastructure
One of the most valuable infrastructures that use a lot of energy is data centers. Due to their high energy consumption, establishing data centers may extant challenge for many companies. Even though the Asia-Pacific region is the exporter of fuel and one of the largest coal producers in the world, the government has been supporting renewable energy to reduce its reliance on fossil fuels and meet the energy demand.
Surging Investment in Data Centers by Enterprises
For instance, in 2023 at an event Vantage Data Centers recently, announced the construction of new grounds in Cyberjaya, Malaysia. The company has signed a contract with Cyberview Sdn Bhd and plans to invest approximately USD 3 billion in the construction of a second campus for data centers in the city
Recent Developments
- November 2022 Tokyo, Japan, has been finalized as the location for Equinix's 15th international business exchange (IBX) data center. The new data center, dubbed TY15, received an initial investment of USD 115 million from the company, when it will be completed in 2023, it is anticipated that it will have around 3,700 cabinets.
- November 2022 The BDx company announced the launch of BDx in Indonesia, a different conclusion of a USD 300 million joint venture agreement with PT Indosat Tbk (IOH) and PT Aplikanusa Lintasarta, Big Data Exchange.
- September 2022 Leading Edge Data Centres, an Australian provider of edge data centers, opened a new location in Albury, New South Wales. Built to Tier III grade standards, the brand-new ABX1 facility has a capacity of 750 kW spread out over 580 square meters.
- July 2022 SoftIron announced a partnership with Servers Australia, a private Australian hosting provider, to construct a scalable hybrid cloud infrastructure in Australia. To modify its business procedures, the Bank of Queensland declared in July 2022 that they are switching from its conventional data centers to the public cloud. Mambu, a SaaS cloud banking platform, was selected by the Commonwealth Bank of Australia for its digital mortgage services in June 2022.
- February 2022 A private 5G network for the industrial technology company AgriFood, was launched by Telstra and Ericsson. In January 2022, Telstra announced the Ericsson private 5G network, an on-premises dedicated enterprise 5G network.
- January 2022 Digital Realty & HGC Global Communications signed a contract under the agreement to enhance their customers' edge connectivity. Digital Realty in the future will use edgeX by HGC services in its three Singapore data centers for over-the-top (OTT) customers.
- November 2021 AirTrunk company CEO announced that they are constructing a new data center structure in Sydney. The 320MW(megawatt) facility will be the largest hyperscale campus outside of China in Asia-Pacific. It will be completed in 9 phases, covering 8.3 hectares, and include a 132KV substation on the spot. It will be produced with a PUE of 1.15 to minimize carbon emissions. AirTrunk advertises SYD1 and SYD3 as part of its "Western Sydney Region," which will offer more than 450MW in total, they are expecting to complete this project by the end of the year (2023).
Market Segmentation
Market Players
Key players in the Asia-Pacific data center market are
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2023 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, growth factors, and trends |
| Segments Covered | Solution Enterprise Size End User Country |
| Country Scope | China, Japan, India, South Korea, Australia, Vietnam, Indonesia, Singapore, Philippines, Malaysia |
| Key Companies Profiled | AirTrunk Operating Pty Ltd., Canberra Data Centers, Chindata Group Holdings Ltd., Digital Realty Trust, Inc., Equinix, Inc., Keppel DC REIT Management Pte. Ltd., KT Corporation, NEXTDC Ltd, NTT Ltd., and Princeton Digital Group |
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