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Building the next data centre hub in Asean

    • The Asia-Pacific co-location data centre market is projected to be worth US$28 billion by 2024, surpassing North America to become the largest worldwide over the next decade.
    • The Asia-Pacific co-location data centre market is projected to be worth US$28 billion by 2024, surpassing North America to become the largest worldwide over the next decade. PHOTO: REUTERS
    Published Wed, Nov 9, 2022 · 03:47 PM

    FUELLED by the shift towards hybrid working, businesses across all industries have adopted digital and cloud-based applications at an unprecedented rate. Rapid digitalisation, alongside the rise of over-the-top services, artificial intelligence, and 5G, has led to an increasing demand for high-quality and scalable data centres.

    Asean, in particular, has become one of the fastest-growing data centre markets today. According to Eco-Business and Digital Realty, the Asia-Pacific co-location data centre market will be worth US$28 billion by 2024 — surpassing regions such as North America to become the largest worldwide over the next decade — with South-east Asia driving much of this growth.

    Asean has seen a boom in the construction of data centres in recent years, with local telcos, data centre operators and hyperscalers building new facilities to support future growth and a latency-free experience. In Indonesia alone, operators like Telkom Indonesia, ST Telemedia and hyperscalers like Microsoft, have announced plans to build new facilities over the next few years.

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