PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1125492
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1125492
Singapore data center market is expected to grow at a CAGR of 5.01% during 2022-2027.
MARKET OUTLOOK
The Singapore data center market currently includes about 23 unique third-party data center service providers, operating more than 40 facilities. The country also has several on-premises or dedicated data centers owned by local enterprises.
KEY HIGHLIGHTS OF THE MARKET
a) Singapore is one of the top data center markets in the APAC. Lifting of the data center moratorium, digitalization, investment in 5G technology, rise in the use of social media, and increased adoption of renewable resources like solar are some of the major factors driving the Singapore data center market.
b) Singapore has around 40 operational colocation data centers. The major colocation operators are Keppel Data Centres, Equinix, and ST Telemedia Global Data Centres. Most colocation data centers are being developed according to Tier III standards.
c) Singapore's government provides free Trade Zones or economic areas that provide firms with beneficial customs and tax incentives. Some of the Free Trades Zones present in Singapore include Tanjong Pagar Terminal and Keppel Terminal, Sembawang Wharves, and more.
d) An increase in the adoption of renewable energy is witnessed in Singapore According to Energy Market Authority (EMA), Singapore's total solar capacity stood at around 440 MW in Q1 2021. The Singapore Government aims to achieve a target of 2 GW by 2030.
e) Singapore is also witnessing growth in connectivity with submarine cables, connecting major locations worldwide. Singapore observed a rapid rise in connectivity and submarine cables. with 12 new submarine cables that are under construction
DATA CENTER MARKET IN SINGAPORE VENDOR LANDSCAPE
I. In 2021, Singapore received several investments from global and local data center operators such as Keppel Data Centres, Equinix, ST Telemedia Global Data Centres, Facebook (Meta), Microsoft, and BDS, among others.
II. The rise in demand across industries has led data center suppliers to sign M&A contracts or acquire companies to expand their portfolios. In August 2021, Keppel Corporation announced to acquire the non-media assets of Singapore Press Holdings (SPH), which included data center assets and a joint-owned telco.
III. In Singapore, the data center companies are collaborating with Construction Contractors to improve efficiency and requirements in the data center. The data center operator Global Switch partnered with PM Group for the construction of the second data center (Woodlands Data Center) in Singapore.
EXISTING VS. UPCOMING DATA CENTERS
WHY SHOULD YOU BUY THIS RESEARCH?
a) Market size available in the investment, area, power capacity, and the Singapore colocation market revenue.
b) An assessment of the data center investment in Singapore by colocation, hyperscale, and enterprise operators.
c) Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
d) A detailed study of the existing Singapore data center market landscape, an in-depth industry analysis, and insightful predictions about the Singapore data center market size during the forecast period.
e) Snapshot of existing and upcoming third-party data center facilities in Singapore
f) Data center colocation market in Singapore
g) The Singapore data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
h) A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
i) Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors in the industry.
j) A transparent research methodology and the analysis of the demand and supply aspect of the market.
REPORT COVERAGE:
This report analyses the Singapore data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:
VENDOR LANDSCAPE
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
KEY QUESTIONS ANSWERED
Chapter 1: Existing & Upcoming Third-Party Data Centers in Singapore
Chapter 2: Investment Opportunities in Singapore
Chapter 3: Data Center Colocation Market in Singapore
Chapter 4: Market Dynamics
Chapter 5: Market Segmentation
Chapter 6: Tier Standard Investment
Chapter 7: Key Market Participants
Chapter 8: Appendix
LIST OF TABLES
Table 1 List of Upcoming Data Center Projects
Table 2 Data Center Site Selection Criteria
Table 3 Overall Market Size & Forecast 2021-2027
Table 4 Market Size & Forecast by Infrastructure 2021-2027 ($ Million)
Table 5 Market Size & Forecast by IT Infrastructure 2021-2027 ($ Million)
Table 6 Market Size & Forecast by Electrical Infrastructure 2021-2027 ($ Million)
Table 7 Market Size & Forecast by Mechanical Infrastructure 2021-2027 ($ Million)
Table 8 Market Size & Forecast by Cooling Systems 2021-2027 ($ Million)
Table 9 Market Size & Forecast by General Construction 2021-2027 ($ Million)
Table 10 Investment Market Size & Forecast by Tier Standards 2021-2027 ($ Million)