Singapore: Data Centre Landscape - 2022 to 2026

Singapore: Data Centre Landscape - 2022 to 2026

About the Report

Singapore has been successful in attracting a wide range of international MNCs to the island state as their hub in the Asia Pacific Region. In return for establishing their regional headquarters in Singapore a company can receive tax advantages to be set against future profits and investment. Singaporean Data Centre Providers have provided space for their MNC customers, and for digital & e-commerce providers (including salesforce.com, HPE, IBM, Alibaba.com and Xiaomi).

Singapore is important as the largest Data Centre market in Southeast Asia, with over 440,000 m2 of third-party Data Centre space currently available in the island.

To date the Singapore Government has stated that it will be more “selective” about the types of Data Centre that will be accepted in the planning process. Data Centres account for around 7 per cent of total power consumption in the island state. The largest Data Centre in Asia is to open in Singapore during 2022 from Facebook (Meta). but due to planning and restrictions on new capacity, the growth rate in new capacity is due to level off.

Datacentrepricing forecasts a 23 per cent increase in Singaporean Data Centre space and 25 per cent increase in power and 32 per cent in revenues for the four-year period to the end of 2026.