LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the data center construction market in Southeast Asia provides an analysis of the most important trends expected to impact the market outlook from 2018-2022.
According to Technavio analysts, the data center construction market in Southeast Asia will grow at a CAGR of over 8% during the forecast period. The rising adoption of mobility and data analytics in Southeast Asia is a major factor driving the market’s growth. Several large enterprises in Southeast Asia operate data centers to meet the growing demand for data analytics and mobility solutions. Mobility allows e-government initiatives in Tier II/Tier III cities and rural areas that lack IT infrastructure and Internet services. Mobility combined with cloud computing plays a crucial role in enhancing the overall efficiency of the local and global scale.
Financial inclusion can be achieved, and people without access to a bank can use m-commerce, mobile banking, and mobile money owing to the increasing mobility in the region. Moreover, the growth of smartphones in the region is augmenting the number of mobile app users, and social media is contributing toward increased Internet traffic. This market scenario is expected to increase the cloud storage consumptions and decrease the cost of cloud storage for consumers.
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In this report, Technavio highlights the green data centers as one of the key emerging trends in the data center construction market in Southeast Asia:
Green data centers
There has been a significant increase in the power consumption among data centers in Southeast Asia. Hence, enterprises are working towards building data centers that are energy efficient and can lessen the environmental impact. This trend is expected to grow over the forecast period. To create sustainable ecosystems through efficient waste recycling mechanism, green data centers use low-emission building materials, heat-pumps, photovoltaic, and evaporative cooling. Along with this, concepts such as free cooling, application of renewable energy sources, and waste recycling are being implemented in green data centers.
“To improve the overall environmental credentials and lower the operational cost, several companies are working towards reducing electricity and water usage at data centers. Also, by changing the design of data centers to reduce energy demand and installing energy-efficient equipment and water saving cooling devices, these companies are improving their energy consumptions,” says a senior analyst at Technavio for research on data centers.
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Data center construction market in Southeast Asia segmentation
This market research report segments the data center construction market in Southeast Asia into the following key countries, including Singapore, Malaysia, Thailand, and Indonesia.
Singapore was the leading country for the data center construction market in Southeast Asia in 2017, accounting for a market share of nearly 36%. By 2022, countries such as Thailand, and Indonesia are expected to witness positive growth in the market.
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