The data center market share in Southeast Asia will post an incremental growth of USD 12.60 billion, progressing at a CAGR of 13% during the forecast period. The increase in the application of IoT will offer immense growth opportunities to market vendors. The data center market in Southeast Asia is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Data Center Market in Southeast Asia by Component and Geography - Forecast and Analysis 2021-2025” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The data center market in Southeast Asia is segmented by components (IT infrastructure, electrical construction, mechanical construction, general construction, and security solutions) and geography (Singapore, Indonesia, Malaysia, Thailand, and the Rest of South-East Asia).
The growth of the data center market size in Southeast Asia by the IT infrastructure segment will be significant during the forecast period. Factors such as the growing demand for colocation centers from local enterprises and new businesses will facilitate the data center market growth in Singapore. 35% of the market's growth will originate from Singapore during the forecast period.
The increase in the application of IoT will directly influence the data center market in Southeast Asia. In addition, the shift toward large data center facilities is one of the major data center market trends in Southeast Asia that will positively impact market growth. However, factors such as the shortage of land in Singapore will hamper the data center market growth in Southeast Asia.
The market is fragmented due to the presence of several players. Some of the major data center market vendors in Southeast Asia are Alphabet Inc., Amazon.com Inc., Colt Technology Services Group Ltd., Digital Realty Trust Inc., Equinix Inc., Global Switch Holdings Ltd., International Business Machines Corp., Microsoft Corp., NTT Communications Corp., and Singapore Telecommunications Ltd.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2021-2025.
CAGR of the data center market in Southeast Asia forecast during 2021-2025.
Market-level data on units, average selling prices, and values of the data center market share in Southeast Asia.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the data center market in Southeast Asia.
Data center industry growth across Southeast Asia.