The Malaysia Data Center Storage Market size is estimated at USD 0.8 billion in 2024, and is expected to reach USD 1.43 billion by 2029, growing at a CAGR of 12.38% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country, leading to a growing need for data center storage equipment.
The Malaysia data center storage market exhibits a moderate level of fragmentation, with major players dominating the majority of the market share. Notable contributors include Dell Inc., Hewlett Packard Enterprise, NetApp Inc., Huawei Technologies Co. Ltd., and Kingston Technology Company Inc. These key players employ strategic collaborative initiatives to enhance their market share and boost overall profitability.
In September 2023, Pure Storage appointed Westcon-Comstor as its latest distributor in Australia, expanding on its existing agreements in New Zealand, Singapore, Indonesia, Malaysia, China, Hong Kong, and the Philippines. This partnership aims to expedite the adoption of FlashStack, a software-defined hybrid cloud infrastructure developed by Pure and Cisco. FlashStack seamlessly integrates compute, network, and storage components, offering a comprehensive solution to businesses.
In July 2023, Huawei Technologies Co. Ltd. data storage product "Huawei OceanStor Dorado All-Flash Storage" to get a DEKRA Certificate for ISO14067 carbon footprint compliance as well as much-valued DEKRA Seal Certificate.
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