CHICAGO, May 15, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Southeast Asia data center construction market is growing at a CAGR of 11.69% during 2023-2029.
Southeast Asia Data Center Construction Market Research Report by Arizton
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Browse in-depth TOC on the Southeast Asia Data Center Construction Market
36 – Tables
116 – Figures
352 – Pages
Southeast Asia Data Center Construction Market Report Scope
Report Attributes
Details
Market Size – Investment (2029)
USD 5.29 Billion
Market Size – Investment (2023)
USD 2.80 Billion
CAGR – Investment (2023-2029)
11.18 %
Market Size – Area (2029)
3,079 Thousand Square Feet
Power Capacity (2029)
578 MW
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Regional Analysis
Southeast Asia (Singapore, Indonesia, Malaysia, Thailand, Philippines, Vietnam, and Other Southeast Asia Countries)
The Southeast Asia data center construction market is one of the fastest-developing markets globally, driven by the increase in cloud adoption, the advent of 5G services, and the adoption of AI, Big data, and IoT technology. Singapore, Malaysia, Indonesia, and Thailand have robust connectivity and are among the most connected countries in Southeast Asia. Singapore is the gateway and an integral interconnection point to several APAC countries, including Japan, South Korea, Vietnam, and Pakistan. The adoption of cloud-based services will likely be a significant driver of the data center market over the next few years.
Moreover, Singapore boasts the largest existing capacity in the region, and countries such as Malaysia, Indonesia, and the Philippines are outpacing it in terms of new investments, collectively capturing over 50% of the market share for new investments. This trend can be attributed to several factors, including lower energy costs, increased renewable energy sources, and inexpensive labor and land availability. These factors are influencing companies’ decisions to invest in these emerging markets.
Watch Out for How Advancing in Adoption of AI Boosting the Market Growth
In June 2023, Run ai, a company that manages computing resources for AI tasks, announced a strategic partnership with AI Singapore. AI Singapore, a national R&D initiative led by the National Research Foundation, Singapore, aims to establish strong AI capabilities in the country. This collaboration aims to provide scalable infrastructure solutions for various AI projects and assist AI Singapore in its mission to expedite AI adoption across industries.
AI Singapore, as the country’s AI initiative, holds a pivotal position in aiding organizations in adopting AI solutions. It has made significant strides through its notable 100 Experiments Programme (100E) and the acclaimed AI Apprenticeship Programme (AIAP). Collaborating with over 60 companies, they’ve trained over 200 Singaporean AI engineers to create, assess, and implement numerous AI models that tackle real-world challenges.
While AI investments primarily focus on Singapore, nine out of the top 10 deals involved start-ups based in Singapore that cater to various businesses and use cases throughout the region. For instance, Biofourmis, a health analytics platform analyzing physiological data from clinical-grade wearables, operates in both Singapore and Indonesia. Similarly, Tookitaki, a sophisticated decision-support system for compliance programs in the financial services sector, extends its operations across the six major Southeast Asian countries.
Story continues
The Southeast Asia Colocation Data Center Market by Investment to Reach $4 Billion by 2029
In Southeast Asia, colocation investments in Singapore declined significantly over the last few years owing to the lack of space for new builds. This has led to the spill over demand toward Indonesia and Malaysia. The upcoming capacity of under-construction announced and planned data center campuses across these two countries will overtake Singapore’s existing colocation capacity. In the same year, BDx Indonesia, Chindata Group, EdgeConneX, Equinix, Keppel Data Centres, GDS Services, Princeton Digital Group, and others invested in developing colocation data center facilities in the region.
The Southeast Asia Data Center Construction Market Report Encompasses Crucial Data, Including:
CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the Southeast Asia data center construction market over the specified time frame.
Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the Southeast Asia data center construction market growth from 2023 to 2029. This includes an analysis of various market influences.
Precise estimation of market size: Accurate assessments of the Southeast Asia data center construction market size and its contribution and focusing on key market segments.
Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the Southeast Asia data center construction market helping businesses prepare for future market dynamics.
Geographical market growth: The report covers the development of the data center construction market across Southeast Asia.
Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the Southeast Asia data center construction market. This includes an overview of key players, their market share, strategies, and key developments.
Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the Southeast Asia data center construction market, providing a well-rounded view of the market dynamics.
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Post-Purchase Benefit
The Report Includes the Investment in the Following Areas:
Facility Type
Colocation Data Centers
Hyperscale Data Centers
Enterprise Data Centers
Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
Cooling Techniques
Air-based Cooling
Liquid-based Cooling
General Construction
Core & Shell Development
Installation & Commissioning Services
Engineering & Building Design
Fire Detection & Suppression
Physical Security
DCIM/BMS Solutions
Tier Standard
Tier I & II
Tier III
Tier IV
Geography
Southeast Asia
Vendors
Key Construction Contractors
Arup
Aurecon Group
CSF Group
DSCO Group
Gammon Construction
NTT Facilities
PM Group
Studio One Design
Other Prominent Construction Contractors
Prominent Support Infrastructure Vendors
ABB
Caterpillar
Cisco Systems
Cummins
Dell Technologies
Eaton
Rittal
Schneider Electric
STULZ
Vertiv
Other Prominent Support Infrastructure Vendors
Prominent Data Center Investors
Other Prominent Data Center Investors
AirTrunk
Beeinfotech
Big Data Exchange (BDx)
Converge ICT Solutions
Digital Edge DC
Meta (Facebook)
FPT Telecom
MettaDC
Microsoft
OneAsia Network
Open DC
Princeton Digital Group
Singtel
Vantage Data Centers
New Entrants
CtrlS Datacenters
Digital Halo
EdgeConneX
Evolution Data Centres
Flow Digital Infrastructure
FutureData (Cyclect Group + TSG Group)
Gaw Capital
I-Berhad
Infinaxis Data Centre
Infracrowd Capital
K2 Data Centres
Minoro Energi Indonesia
Nautilus Data Technologies
Pure Data Centres Group
YCO Cloud
YTL Data Center
Yondr
Key Questions Answered in the Report:
How big is the Southeast Asia data center construction market?
What is the estimated market size in terms of area in the Southeast Asia data center construction market by 2029?
What is the growth rate of the Southeast Asia data center construction market?
What are the key trends in the Southeast Asia data center construction market?
How many MW of power capacity is expected to reach the Southeast Asia data center construction market by 2029?
Get Detailed TOC @ https://www.arizton.com/market-reports/southeast-asia-data-center-construction-market
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Publish date : 2024-05-15 03:00:00
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