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Singapore Data Center Market Size by Investment to Reach around USD 5 Billion by 2026 - AriztonCHICAGO, May 12, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Singapore data center market report. Singapore data center market size is expected to grow at a CAGR of over 8% during the period 2020-2026. Singapore data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues. Get insights on 38 existing data center and 4 upcoming facilities spread across 3 regions. Key Highlights Offered in the Report: 1. Singapore is a mature data center market within APAC, with the existence of 38 unique third-party data centers operated by 23 unique service providers. 2. The COVID-19 pandemic has been a strong market enabler for digital transformation in the country, with increase in demand for wholesale colocation services, especially from cloud service providers. 3. Within Singapore, Eastern Singapore is the most developed with 26 existing data centers amounting to over 55% of the existing power capacity. 4. Major cloud service providers, such as AWS, Microsoft, Oracle, Google, and Alibaba, among others operate their cloud regions in Singapore, owing to its strategic location and excellent connectivity. 5. Owing to Singapore's land shortage for data center development, various innovations in data center technology are taking place, such as vertical data centers, and floating data centers by Keppel Data Centres 6. Telecom operators such as Singtel deployed 5G in Singapore in 2020, boosting edge data centers in the coming years. Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/singapore-data-center-market-size-analysis Singapore Data Center Market – Segmentation
Market Segmentation by Electrical Infrastructure
Market Segmentation by Mechanical Infrastructure
Market Segmentation by General Construction
Market Segmentation by Tier Standard
Singapore Data Center Market – Dynamics In Singapore, 30% of organizations have implemented cloud computing to address the needs of consumers and help them stay connected. The public cloud market spending in Singapore crossed $2 billion in 2020, which is expected to grow significantly during the forecast period. The Singapore government will migrate all its government systems to the cloud, however, the most sensitive data will be stored in government-managed cloud platforms. According to the Government Technology Agency, Singapore, the government spent around $3.5 billion on ICT procurement in FY20, focusing on the development of new tech tools to respond to COVID-19, development of citizen- and business-centric digital services, development of ICT systems on cloud, modernization of government ICT infrastructure, and the use of data analytics, artificial intelligence (AI), and sensors within the public sector. Key Drivers and Trends fueling Market Growth:
Singapore Data Center Market - Existing Vs. Upcoming Data Centers
Get your sample today! https://www.arizton.com/market-reports/singapore-data-center-market-size-analysis Key Market Participants IT Infrastructure Providers
Construction Service Providers
Support Infrastructure Providers
Data Center Investors
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Call: +1-312-235-2040 Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg |