The Thailand data center rack market reached a volume of 31,322 in the previous year, and it is further projected to register a CAGR of 5% during the forecast period. 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/region.
The upcoming DC construction projects in the country will likely increase the demand for Data Center Racks in the coming years. The market is moderately consolidated with a few major players, such as Schneider Electric SE, Rittal GMBH & Co.KG, Vertiv Group Corp., Eaton Corporation, and Delta Electronics (Thailand) PCL. Currently dominate the market. These major players with a prominent market share focus on expanding their customer base across the region.
In August 2023, ST Telemedia Global Data Centres (STT GDC) Thailand planned to build a third data center facility with an IT load capacity of 2MW and is expected to go live by the end of 2023.
In May 2023, Telehouse launched its first Thai data center in Bangkok, which was initiated in January 2022; the 9,000 sqm (97,000 sq ft) facility offers 9.5MVA of capacity.
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