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APAC Data Center Colocation Market Size to Reach Revenues of over USD 12 Billion by 2026 - Arizton
https://www.arizton.com/market-reports/apac-data-center-colocation-market-report-2024
The high-power consumption in data centers and the need to decrease carbon footprint have prompted many data center colocation service providers to purchase clean, renewable energy sources to power their current and new facilities across APAC. There is a high interest in adopting renewable power sources among global and local data center colocation suppliers in the region such as Equinix and Digital Realty. In addition, many small data center operators are installing solar panels on the rooftops of their facilities. The use of renewable energy is likely to increase the focus on the design of data centers, redefine the installation and commissioning process, and increase physical security requirements in case of on-site power generation. Data center colocation investments in APAC are growing significantly, and the importance of procuring renewable energy is very high. Moreover, the power consumption by colocation facilities in APAC is growing due to the development of hyperscale facilities with a power capacity of 15 MW and more. As a result, the awareness for procuring renewable energy for data center operations is likely to grow among developers during the forecast period.
China & Hong Kong are the prominent markets for data center operations in APAC. In China , data center investment is led by the internet, local data center investors, and telecommunication service providers such as China Unicom, China Telecom, Tencent , and China Mobile. Major investments are also being led by colocation service providers such as GDS Service, Neo Telemedia, China Unicom, Princeton Digital Group, and Chayora. China was the first country to announce the emergence of COVID-19. The country was worst hit due to the pandemic during Q1 2020. The strict implication of lockdown across the country resulted in delays in the construction of data center facilities. Data centers are regarded as the backbone that supported internet traffic, maintained data security, and offered software for business. During the pandemic, sectors such as healthcare, education, e-commerce, telecommunication, and hospitality have migrated their resources from on-premise to cloud.
https://www.arizton.com/market-reports/apac-data-center-colocation-market-report-2024
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