Thailand Data Center Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

Thailand Data Center Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Thailand Data Center Market is projected to register a CAGR of 12.53%

Key Highlights

• IT Load Capacity: The IT load capacity of the Thai data center market may grow steadily and reach 269.9 MW by 2029.
• Raised Floor Space: The country's total raised floor area is expected to reach 0.6 million sq. ft by 2029.
• Installed Racks: The country's total number of installed racks may reach 31,469 units by 2029. Bangkok is expected to house the maximum number of racks by 2029.
• DC Facilities: Bangkok is well-positioned to connect investors to new opportunities arising from the increasing border trade and the region's rapid economic growth. With the huge potential of renewable advantage and a focus on sustainability, the number of facilities is expected to increase during the forecast period.
• Leading Market Player: STT GDC Pte Ltd (having the same 20 MW IT load) is built to support the growing demand for digital infrastructure due to the rising consumption of rich media and the digital transformation of business and government enterprises. It is certified with LEED GOLD TIA-942 Rated-3, UTI TCDD TIER III, and other certificates.

Thailand Data Center Market Trends

Tier 3 is the largest Tier Type

• The country has no facility certified with Tier 1 and Tier 2. The tier 3 data center segment reached an IT load capacity of 71.48 MW in 2021. The capacity is anticipated to grow from 74.33 MW in 2022 to 199.55 MW by 2029 at a CAGR of 15.15%. The tier 4 data center segment reached an IT load capacity of 20 MW in 2021. The capacity is anticipated to grow from 20 MW in 2022 to 50 MW by 2029 at a CAGR of 13.99%.
• In most Thai facilities, IT components can be replaced or removed without interrupting routine data center operations, so most facilities are Tier 3 certified.
• Currently, only one facility in Thailand has Tier 4 certification, i.e., SUPERNAP Thailand. It has a high fault-tolerant facility, which is ideal for consistently high traffic levels. National Telecom (NT), TOT, and SUPERNAP (Thailand) signed an MOU supporting governmental digital modernization, which is called the Data Center and Cloud Services Partnership Program.

Thailand Data Center Industry Overview

The Thailand Data Center Market is moderately consolidated, with the top five companies occupying 58.08%. The major players in this market are AIMS DATA CENTRE (THAILAND) LTD, NTT Ltd., STT GDC Pte Ltd, SUPERNAP (THAILAND) COMPANY LIMITED and TCC Technology (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support