DUBLIN, Aug. 18, 2023 /PRNewswire/ — The “Singapore Data Center Market – Investment Analysis & Growth Opportunities 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The Singapore data center market is expected to reach a value of $5.14 billion by 2028 from $4.2 billion in 2022, growing at a CAGR of 3.41% from 2022 to 2028
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.
After lifting the moratorium in 2022 Singapore, the Singapore data center market is again expected to start receiving investments. We believe that after 2-3 years, the investments will start growing positively. The investments in 2022 were majorly driven by projects that were already under construction or were announced before the start of the moratorium in the country.
The Infocomm Media Development Authority (IMDA) and Economic Development Board (EDB) listed several criteria for data center applications, including the data center project having to be developed with a PUE of 1.3 or less for a 100% IT load capacity. The government has set a target for achieving 2 Giga-peak (GWp) of renewable energy by 2030. Singapore also plans to import up to 4 GW of green energy by 2035 from Cambodia and Indonesia.
The government offers economic zones known as free trade zones that offer businesses good customs and tax concessions. Tanjong Pagar Terminal and Keppel Terminal, Keppel Distripark, Keppel Distripark Linkbridge, Pasir Panjang Terminal, Jurong Port, and others are only a few of the Free Zones in Singapore.
In November 2022, Microsoft partnered with ITE and launched the first Datacenter Academy (DCA) in Asia. DCA’s five-year commitment is to empower around 300 ITE students with data center skills.
KEY QUESTIONS ANSWERED:
How much is the Singapore data center market investment expected to grow?How many data centers have been identified in Singapore?What is the growth rate of the Singapore data center market?What are the driving factors for the Singapore data center market?Who are the key investors in the Singapore data center market?WHY SHOULD YOU BUY THIS RESEARCH?
Market size available in the investment, area, power capacity, and Singapore colocation market revenue.An assessment of the data center investment in Singapore by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across states in the country.A detailed study of the existing Singapore data center market landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in SingaporeFacilities Covered (Existing): 41Facilities Identified (Upcoming): 3Coverage: 3+ Sub-locationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data center colocation market in SingaporeMarket Revenue & Forecast (2022-2028)Retail Colocation PricingThe Singapore market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the market.VENDOR LANDSCAPE
In Southeast Asia, Singapore is the most mature market, with most global and local operators. The country has more than 40 existing third-party facilities.In 2022, BDx, Keppel Data Centres, ST Telemedia Global Data Centres, and Princeton Digital Group were some of the colocation operators involved in developing the data centers, which are open and under construction in the Singapore data center market.In addition, the country also witnessed investments from global cloud operators such as Microsoft, Amazon Web Services, and Facebook. For instance, in August 2022, Google launched its third facility in Singapore.IT Infrastructure Providers
Arista NetworksAtosBroadcomCisco SystemsDell TechnologiesHuawei TechnologiesHewlett Packard EnterpriseIBMInspurJuniper NetworksLenovoMiTAC HoldingsNetAppQuanta Cloud TechnologyWiwynnData Center Construction Contractors & Sub-Contractors
AecomArupAureconAWP ArchitectsCundallDSCO GroupFortis ConstructionFaithful+GouldGammon ConstructionKienta Engineering ConstructionLSK EngineeringM+W GroupNTT FacilitiesPM GroupSato KogyoSupport Infrastructure Providers
ABBAiredale International Air ConditioningBosch Security SystemsCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKohler-SDMOLegrandMitsubishi ElectricPiller Power SystemsRolls RoyceRittalSchneider ElectricSTULZVertivData Center Investors
AirTrunkAmazon Web Services (AWS)Big Data Exchange (BDx)China Mobile International (CMI)DODIDDigital RealtyEquinixFacebook (Meta)GoogleGlobal SwitchIron MountainKeppel Data CentresMicrosoftNTT Global Data CentersPrinceton Digital Group (PDG)SingtelST Telemedia Global Data CentresTelin SingaporeEXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the Region (Area and Power Capacity)Eastern SingaporeSouthern SingaporeNorthern SingaporeList of Upcoming Facilities in the region (Area and Power Capacity)REPORT COVERAGE:
IT Infrastructure
ServersStorage SystemsNetwork Infrastructure
Electrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearsPDUsOther Electrical InfrastructureMechanical Infrastructure
Cooling SystemsRacksOther Mechanical InfrastructureCooling Systems
CRAC & CRAH UnitsChiller UnitsCooling Towers, Condensers & Dry CoolersOther Cooling UnitsGeneral Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier Standard
Tier I & Tier IITier IIITier IVFor more information about this report visit https://www.researchandmarkets.com/r/6ecs98
About ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/singapore-data-center-market-investment-analysis-report-2023-a-5-billion-industry-by-2028—green-initiatives-propel-market-towards-sustainable-growth-301904472.html
SOURCE Research and Markets
DUBLIN, Aug. 18, 2023 /PRNewswire/ — The “Singapore Data Center Market – Investment Analysis & Growth Opportunities 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The Singapore data center market is expected to reach a value of $5.14 billion by 2028 from $4.2 billion in 2022, growing at a CAGR of 3.41% from 2022 to 2028
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.
After lifting the moratorium in 2022 Singapore, the Singapore data center market is again expected to start receiving investments. We believe that after 2-3 years, the investments will start growing positively. The investments in 2022 were majorly driven by projects that were already under construction or were announced before the start of the moratorium in the country.
The Infocomm Media Development Authority (IMDA) and Economic Development Board (EDB) listed several criteria for data center applications, including the data center project having to be developed with a PUE of 1.3 or less for a 100% IT load capacity. The government has set a target for achieving 2 Giga-peak (GWp) of renewable energy by 2030. Singapore also plans to import up to 4 GW of green energy by 2035 from Cambodia and Indonesia.
The government offers economic zones known as free trade zones that offer businesses good customs and tax concessions. Tanjong Pagar Terminal and Keppel Terminal, Keppel Distripark, Keppel Distripark Linkbridge, Pasir Panjang Terminal, Jurong Port, and others are only a few of the Free Zones in Singapore.
In November 2022, Microsoft partnered with ITE and launched the first Datacenter Academy (DCA) in Asia. DCA’s five-year commitment is to empower around 300 ITE students with data center skills.
KEY QUESTIONS ANSWERED:
How much is the Singapore data center market investment expected to grow?How many data centers have been identified in Singapore?What is the growth rate of the Singapore data center market?What are the driving factors for the Singapore data center market?Who are the key investors in the Singapore data center market?
WHY SHOULD YOU BUY THIS RESEARCH?
Market size available in the investment, area, power capacity, and Singapore colocation market revenue.An assessment of the data center investment in Singapore by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across states in the country.A detailed study of the existing Singapore data center market landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in SingaporeFacilities Covered (Existing): 41Facilities Identified (Upcoming): 3Coverage: 3+ Sub-locationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data center colocation market in SingaporeMarket Revenue & Forecast (2022-2028)Retail Colocation PricingThe Singapore market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the market.
VENDOR LANDSCAPE
In Southeast Asia, Singapore is the most mature market, with most global and local operators. The country has more than 40 existing third-party facilities.In 2022, BDx, Keppel Data Centres, ST Telemedia Global Data Centres, and Princeton Digital Group were some of the colocation operators involved in developing the data centers, which are open and under construction in the Singapore data center market.In addition, the country also witnessed investments from global cloud operators such as Microsoft, Amazon Web Services, and Facebook. For instance, in August 2022, Google launched its third facility in Singapore.
IT Infrastructure Providers
Arista NetworksAtosBroadcomCisco SystemsDell TechnologiesHuawei TechnologiesHewlett Packard EnterpriseIBMInspurJuniper NetworksLenovoMiTAC HoldingsNetAppQuanta Cloud TechnologyWiwynn
Data Center Construction Contractors & Sub-Contractors
AecomArupAureconAWP ArchitectsCundallDSCO GroupFortis ConstructionFaithful+GouldGammon ConstructionKienta Engineering ConstructionLSK EngineeringM+W GroupNTT FacilitiesPM GroupSato Kogyo
Support Infrastructure Providers
ABBAiredale International Air ConditioningBosch Security SystemsCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKohler-SDMOLegrandMitsubishi ElectricPiller Power SystemsRolls RoyceRittalSchneider ElectricSTULZVertiv
Data Center Investors
AirTrunkAmazon Web Services (AWS)Big Data Exchange (BDx)China Mobile International (CMI)DODIDDigital RealtyEquinixFacebook (Meta)GoogleGlobal SwitchIron MountainKeppel Data CentresMicrosoftNTT Global Data CentersPrinceton Digital Group (PDG)SingtelST Telemedia Global Data CentresTelin Singapore
EXISTING VS. UPCOMING DATA CENTERS
Existing Facilities in the Region (Area and Power Capacity)Eastern SingaporeSouthern SingaporeNorthern SingaporeList of Upcoming Facilities in the region (Area and Power Capacity)
REPORT COVERAGE:
IT Infrastructure
ServersStorage Systems
Network Infrastructure
Electrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearsPDUsOther Electrical Infrastructure
Mechanical Infrastructure
Cooling SystemsRacksOther Mechanical Infrastructure
Cooling Systems
CRAC & CRAH UnitsChiller UnitsCooling Towers, Condensers & Dry CoolersOther Cooling Units
General Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)
Tier Standard
Tier I & Tier IITier IIITier IV
For more information about this report visit https://www.researchandmarkets.com/r/6ecs98
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
