Data center market in Southeast Asia to grow at an impressive CAGR of approximately 20% during the forecast period. Factors such as the growing adoption of cloud-based services, big data analytics, and Internet-of-Things (IoT) will aid in the growth of this market. Digitalization has enabled several organizations to adopt cloud-based services for their businesses.
By 2020, more than 50% of SMEs in Southeast Asia are expected to operate their businesses by adopting cloud offerings from major CSPs in the market. This growing preference for digitalization will spur the adoption of cloud-based services, which in turn will necessitate the utilization of data centers during the predicted period.
The construction of data centers is increasing in Southeast Asia along with the inception of containerized/modular data center solutions. CSPs, colocation service providers, and telecommunication and government agencies are playing a major role in cultivating market growth through the construction of new facilities and the expansion of existing ones. In terms of infrastructure adoption, high-performance computing infrastructure, 42U racks, liquid-based cooling systems, and efficient UPS systems are envisaged to witness rapid adoption in the next few years.
Source : http://www.technavio.com/
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