Southeast Asia Data Center Market - Investment Analysis & Growth Opportunities 2022-2027
The Southeast Asia data center market is expected to grow at a CAGR of 6.79% during 2022-2027.
MARKET OVERVIEW
The Southeast Asia data center market in terms of investment is driven by factors such as digitalization initiatives across the countries, subsea and inland connectivity growth, and adoption of technologies such as 5G, big data, IoT, and artificial intelligence.
The region is also witnessing edge data center investments across major and minor cities. For instance, in August 2022, Edge Centres announced the development of its EC61 (Chiang Mai) edge facility in Thailand. The company also has plans to deploy additional facilities, namely, EC63 (Khon Kaen) and EC62 (Phuket). The Southeast Asia data center market is witnessing growth in submarine cable connectivity. For instance, cables such as Southeast Asia Japan Cable, Apricot, and Asia Direct Cable are upcoming submarine cables that will grow the region's connectivity.
DRIVING FACTORS FOR INVESTMENT IN THE REGION
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