Asia-Pacific Data Centre Market will reach US$ 53.58 Billion in 2028 and expand at a CAGR of 12% from 2023 to 2028, according to the publisher. A data center is a facility that concentrates organizations shared IT operations and equipment to store, process, and disseminate data and applications. Since they house an organization's most essential and proprietary assets, data centers are crucial to daily operations. Hence, the security and reliability of data centers and their information are among any organization's top priorities.The Asia Pacific Data Center Industry was US$ 27.15 Billion in 2022
Further, the shift in traditional on-premises physical servers on the virtual network-based data center, owning to the advancement in multi-cloud computing, is driving the growth of data centers. The modern data center in an enterprise can communicate with multiple sites, both cloud computing and on-premises. As per this research report, Asia Pacific Data Center Industry was US$ 27.15 Billion in 2022.
Recent Trends:
As of 2022, Eastern Asia had the highest number of internet users at 1.2 Billion, for comparison, the Americas had only 807 million.With colocation and hyper-scale, data centers are rapidly growing their capacity. For example, in Malaysia, the announcements of more than 800 megawatts of IT load in projects over the last year.
The development of data centers is owing to the strong market fundamentals and an increasing trend towards more excellent localization of data center facilities.
Also, emerging markets like Osaka, Melbourne, Jakarta, Manila, Hanoi, Taipei, Hyderabad, New Delhi, and Chennai grew from just under 700 MW 5-years ago to currently over 3,000 MW, registering a whopping 300 percent growth in capacity.
More businesses are speeding up their digital transformations, and the demand for cloud services and lower latency has proliferated, resulting in cloud providers sourcing colocation and self-build facilities in previously overlooked cities.
The demand for data centers will continue with virtual, augmented reality, AI, and the Internet of Things.
IT & Telecom will dominate due to Growth in Data Generation
By end-use, the Asia-Pacific Data Centre Market is segmented into; Retail, BFSI, IT & Telecom, Healthcare, Media & Entertainment, and Others. In the IT infrastructure segment, significant revenue generation is by servers as the growth in data generation is augmenting demand for faster processing and efficient servers.Furthermore, data generation is Exabyte’s and petabytes due to high internet penetration. Therefore, the data centre operators need a systematic IT infrastructure aided by constant innovations by vendors toward the execution of this infrastructure in the APAC region.
The Asia-Pacific media and entertainment market will grow at an increasing rate during the forecast period. With the ever-expanding requirement for seamless communication, digital entertainment, and the urge for wireless networks, the media and entertainment market is gradually emerging.
Corporate Data Centres held the Highest Market Share in 2022
Based on type, the Asia-Pacific Data Centre Market is categorized into; Corporate Data Centre and Web hosting Data Centre. The corporate data centre category will hold the lion's share of the entire market from 2023 to 2028. The dominance is because many big companies need affordable data centres that are competent in sending, retrieving, storing, and backing up vast amounts of information and data. For instance, Indian data centre providers have invested in technology to provide their customers with top services. Businesses with access to scalable cloud services can compete successfully without worrying about the decreasing returns brought on by growth.The Growing Demand for High-Density Data Centers by Businesses is Augmenting its Growth
The Asia-Pacific Data Centre Market, based on density, is divided into; High Density, Medium Density, Extreme Density, and Low Density. The need for efficiency coupled with the demand for compact equipment is primarily increasing the adoption of High-Density Data Centres. Further, rising demand for operations related to data centers & increasing investment in data center equipment is the primary factor boosting the growth of the global high-density racks market.In addition, emerging economies such as India & China will drive the high-density data center market primarily due to increasing investments in several sectors such as banking, Telecom& insurance, and others requiring data centers to support new regional projects. Moreover, owing to regulatory and security reasons, several organizations in India are not allowed to host their data in a data center out of the country. As a result, the data center providers are setting up local data centers in India, indicating the growing mega data center facilities in India.
Wholesale Service will grow at an Increasing Rate and Capture the Majority of Market Share
Based on colocation services, the Asia-Pacific Data Center Market is broken up into; Retail and Wholesale. The wholesale colocation service will register the highest growth rate over the coming years due to several major cloud service providers and hyper scalers moving toward wholesale colocation. Large enterprises have a broad customer base, leading to the generation of substantial volumes of data. The need for ample commercial space for accumulating their servers creates a demand for wholesale colocation. The wholesale colocation providers have also started to lease out retail spaces within their existing facilities, leading to a blurring of lines between these two types of solutions. Enterprises are now considering those solutions for implementation which offer the best of these types, and thus a new form of the hybrid solution is gaining momentum.Key Players Analysis:
A few major players dominate the Asia-Pacific market are; SUNeVision Holdings Ltd., PCCW Limited, Towngas Telecommunications Company Limited., China Mobile Limited, AT&T Inc., Digital Realty Trust Inc., Equinix Inc., Microsoft, NTT Communications Corporation, and Google.In June 2022 - Lenovo Group Limited and PCCW Limited jointly announced that they have entered into definitive agreements to establish a strategic partnership to create a technology solutions business in the Asia Pacific region. The partnership, PCCW Lenovo Technology Solutions Limited ('PLTS'), will leverage the combined strengths of Lenovo and PCCW to create compelling value for company’s employees, customers, and shareholders.
In March 2022 - SUNeVision acquired land assigned for a cable landing station (CLS) in Hong Kong. The Lands Department declared this week that the tender for an area in Chung HomKok had been awarded to STT Limited on a 30-year land grant for HK$ 427.88 Million.
The report titled “Asia-Pacific Data Center Market Forecast by end-use (Retail, BFSI, IT & Telecom, Healthcare, Media & Entertainment, and Others), type (Corporate Data Centre, and Web hosting Data Centre), density (High Density, Medium Density, Extreme Density, and Low Density) colocation (Retail, and Wholesale), Company Analysis (SUNeVision Holdings Ltd., PCCW Limited, Towngas Telecommunications Company Limited., China Mobile Limited, AT&T Inc., Digital Realty Trust Inc., Equinix Inc., Microsoft, NTT Communications Corporation, and Google)' provides a detailed analysis of Asia-Pacific Data Center Market.
End-Users - Market breakup from 6 Viewpoints:
1. Retail2. BFSI
3. IT & Telecom
4. Healthcare
5. Media & Entertainment
6. Others
Type - Market breakup from 2 Viewpoints:
1. Corporate Data Centre2. Webhosting Data Centre
Density - Marketbreakupfrom4 viewpoints:
1. High Density2. Medium Density
3. Extreme Density
4. Low Density
Colocation Type - Market breakup of 2 Sectors
1. Retail2. Wholesale
Companies have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue
Company Analysis:
1. SUNeVision Holdings Ltd.2. PCCW Limited
3. Towngas Telecommunications Company Limited
4. China Mobile Limited
5. AT&T Inc.
6. Digital Realty Trust Inc.
7. Equinix Inc.
8. Microsoft
9. NTT Communications Corporation
10. Google
Table of Contents
1. Introduction2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenge
5. Asia Pacific Data Centre Market
6. Share Analysis - Asia Pacific Data Centre Market
6.1 By End use
6.2 By Type
6.3 By Density
6.4 By Colocation Type
7. End use - Asia Pacific Data Centre Market
7.1 Retail
7.2 BFSI
7.3 IT & Telecom
7.4 Healthcare
7.5 Media & Entertainment
7.6 Others
8. Type - Asia Pacific Data Centre Market
8.1 Corporate data Centre
8.2 Webhosting data Centre
9. Density - Asia Pacific Data Centre Market
9.1 High Density
9.2 Medium Density
9.3 Extreme Density
9.4 Low Density
10. Colocation Type - Asia Pacific Data Centre
10.1 Retail
10.2 Wholesale
11. Key Players Analysis
11.1 SUNeVision Holdings Ltd
11.1.1 Business Overview
11.1.2 Sales Analysis
11.1.3 Recent Development
11.2 PCCW Limited
11.2.1 Business Overview
11.2.2 Sales Analysis
11.2.3 Recent Development
11.3 Towngas Telecommunications Company Limited
11.3.1 Business Overview
11.3.2 Sales Analysis
11.3.3 Recent Development
11.4 China Mobile Limited
11.4.1 Business Overview
11.4.2 Sales Analysis
11.4.3 Recent Development
11.5 AT&T Inc.
11.5.1 Business Overview
11.5.2 Sales Analysis
11.5.3 Recent Development
11.6 Digital Realty Trust Inc.
11.6.1 Business Overview
11.6.2 Sales Analysis
11.6.3 Recent Development
11.7 Equinix Inc.
11.7.1 Business Overview
11.7.2 Sales Analysis
11.7.3 Recent Development
11.8 Microsoft
11.8.1 Business Overview
11.8.2 Sales Analysis
11.8.3 Recent Development
11.9 NTT Communications Corporation
11.9.1 Business Overview
11.9.2 Sales Analysis
11.9.3 Recent Development
11.10 Google
11.10.1 Business Overview
11.10.2 Sales Analysis
11.10.3 Recent Development
List of Figures:
Figure 01: Asia Pacific - Data Centre Market (Billion US$), 2018 - 2022
Figure 02: Asia Pacific - Forecast for Data Centre Market (Billion US$), 2023 - 2028
Figure 03: End Use - Retail Market (Billion US$), 2018 - 2022
Figure 04: End Use - Forecast for Retail Market (Billion US$), 2023 - 2028
Figure 05: End Use - BFSI Market (Billion US$), 2018 - 2022
Figure 06: End Use - Forecast for BFSI Market (Billion US$), 2023 - 2028
Figure 07: End Use - IT & Telecom Market (Billion US$), 2018 - 2022
Figure 08: End Use - Forecast for IT & Telecom Market (Billion US$), 2023 - 2028
Figure 09: End Use - Healthcare Market (Billion US$), 2018 - 2022
Figure 10: End Use - Forecast for Healthcare Market (Billion US$), 2023 - 2028
Figure 11: End Use - Media & Entertainment Market (Billion US$), 2018 - 2022
Figure 12: End Use - Forecast for Media & Entertainment Market (Billion US$), 2023 - 2028
Figure 13: End Use - Others Market (Billion US$), 2018 - 2022
Figure 14: End Use - Forecast for Others Market (Billion US$), 2023 - 2028
Figure 15: Type - Corporate data Centre Market (Billion US$), 2018 - 2022
Figure 16: Type - Forecast for Corporate data Centre Market (Billion US$), 2023 - 2028
Figure 17: Type - Webhosting data Centre Market (Billion US$), 2018 - 2022
Figure 18: Type - Forecast for Webhosting data Centre Market (Billion US$), 2023 - 2028
Figure 19: Density - High Density Market (Billion US$), 2018 - 2022
Figure 20: Density - Forecast for High Density Market (Billion US$), 2023 - 2028
Figure 21: Density - Medium Density Market (Billion US$), 2018 - 2022
Figure 22: Density - Forecast for Medium Density Market (Billion US$), 2023 - 2028
Figure 23: Density - Extreme Density Market (Billion US$), 2018 - 2022
Figure 24: Density - Forecast for Extreme Density Market (Billion US$), 2023 - 2028
Figure 25: Density - Low Density Market (Billion US$), 2018 - 2022
Figure 26: Density - Forecast for Low Density Market (Billion US$), 2023 - 2028
Figure 27: Colocation Type - Retail Market (Billion US$), 2018 - 2022
Figure 28: Colocation Type - Forecast for Retail Market (Billion US$), 2023 - 2028
Figure 29: Colocation Type - Wholesale Market (Billion US$), 2018 - 2022
Figure 30: Colocation Type - Forecast for Wholesale Market (Billion US$), 2023 - 2028
Figure 31: SUNeVision Holdings Ltd - Global Revenue (Million US$), 2018 - 2022
Figure 32: SUNeVision Holdings Ltd - Forecast for Global Revenue (Million US$), 2023 - 2028
Figure 33: PCCW Limited - Global Revenue (Billion US$), 2018 - 2022
Figure 34: PCCW Limited - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 35: Towngas Telecommunications Company Limited - Global Revenue (Billion US$), 2018 - 2022
Figure 36: Towngas Telecommunications Company Limited - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 37: China Mobile Limited - Global Revenue (Billion US$), 2018 - 2022
Figure 38: China Mobile Limited - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 39: AT&T Inc. - Global Revenue (Billion US$), 2018 - 2022
Figure 40: AT&T Inc. - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 41: Digital Realty Trust Inc. - Global Revenue (Billion US$), 2018 - 2022
Figure 42: Digital Realty Trust Inc. - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 43: Equinix Inc. - Global Revenue (Billion US$), 2018 - 2022
Figure 44: Equinix Inc. - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 45: Microsoft - Global Revenue (Billion US$), 2018 - 2022
Figure 46: Microsoft - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 47: NTT Communications Corporation - Global Revenue (Billion US$), 2018 - 2022
Figure 48: NTT Communications Corporation - Forecast for Global Revenue (Billion US$), 2023 - 2028
Figure 49: Google - Global Revenue (Billion US$), 2018 - 2022
Figure 50: Google - Forecast for Global Revenue (Billion US$), 2023 - 2028
List of Tables:
Table 01: Asia Pacific - Data Centre Market Share by End Use (Percent), 2018 - 2022
Table 02: Asia Pacific - Forecast for Data Centre Market Share by End Use (Percent), 2023 - 2028
Table 03: Asia Pacific - Data Centre Market Share by Type (Percent), 2018 - 2022
Table 04: Asia Pacific - Forecast for Data Centre Market Share by Type (Percent), 2023 - 2028
Table 05: Asia Pacific - Data Centre Market Share by Density (Percent), 2018 - 2022
Table 06: Asia Pacific - Forecast for Data Centre Market Share by Density (Percent), 2023 - 2028
Table 07: Asia Pacific - Data Centre Market Share by Colocation Type (Percent), 2018 - 2022
Table 08: Asia Pacific - Forecast for Data Centre Market Share by Colocation Type (Percent), 2023 - 2028
Companies Mentioned
- SUNeVision Holdings Ltd.
- PCCW Limited
- Towngas Telecommunications Company Limited
- China Mobile Limited
- AT&T Inc.
- Digital Realty Trust Inc.
- Equinix Inc.
- Microsoft
- NTT Communications Corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 130 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 27.15 Billion |
| Forecasted Market Value ( USD | $ 53.58 Billion |
| Compound Annual Growth Rate | 12.0% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 10 |
