The Asia Pacific Data Center Construction Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
Data center operators have little option but to continually add new capacity as data becomes an essential component of modern life, which will require expanding current facilities and constructing new ones. In the future years, almost everyone in the technology industry anticipates that demand for computing power as well as storage space will increase.
Hyper-scale data centers are being built more often to store massive volumes of data, presenting profitable opportunities for market participants. To increase processing power, memory, networking capabilities, and storage resources, a range of businesses use hyper-scale data centers. Hyper-scale data centers have a variety of components, including the ability to successfully scale up computing workloads at a large size and the physical distribution and infrastructure systems backing the data centers for improving cooling efficiency.
Several businesses and industrial verticals are starting to utilize cloud computing, the internet of things (IoT), artificial intelligence (AI), and intelligent computing. In an effort to automate the economy, developing nations have started spending money on data center infrastructure. As a result, these facilities have seen a lot of deployment, especially in sectors like BFSI, healthcare, manufacturing, and energy. To share numerous services on a single set of network gear and enable maximum resource utilization to deploy its services more quickly, the Industrial and Commercial Bank of China, for example, has used Huawei Technologies' SDN-based data center. Hence, in the coming years, all these factors will aid in establishing the expansion of the data center construction market.
The China market dominated the Asia Pacific Data Center Construction Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $22,899.7 million by 2028. The Japan market is estimated to grow a CAGR of 7.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.1% during (2022 - 2028).
Based on Tier Type, the market is segmented into Tier 3, Tier 2 and Others. Based on End-Use, the market is segmented into IT & Telecom, BFSI, Healthcare, Government & Defense, Energy and Others. Based on Type, the market is segmented into IT Infrastructure, Electrical Infrastructure and Miscellaneous Expenses & Others. Based on IT Infrastructure Type, the market is segmented into Server, Networking Equipment and Storage. Based on Electrical Infrastructure Type, the market is segmented into Cooling and Power Distribution. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Data Center Construction Market is Projected to reach USD 305.3 Billion by 2028, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard enterprise Company (HP Development Company L.P.), IBM Corporation, ABB Ltd., Schneider Electric SE, Oracle Corporation, Cisco Systems, Inc., Vertiv Holdings Co., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Fujitsu Limited and Equinix, Inc.
By Tier Type
By End-Use
By Type
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 