Thailand Data Center Market Report 2022-2027: Investment Opportunities, Existing & Upcoming Third-Party Data Centers, Colocation Markets, Key Market Players
DUBLIN, Sept. 20, 2022 /PRNewswire/ -- The "Thailand Data Center Market - Investment Analysis and Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.
Thailand witnessed the construction of data center facilities with a white floor area of over 105 thousand square feet in 2021 and will add a cumulative area of over 870 thousand square feet between 2022 and 2027.
The market has witnessed several new entrants in the data center and cloud market. For instance, Telehouse and Chindata Group were among the new data center entrants, followed by Alibaba Cloud announcing the new cloud region, which is expected to be online in 2022.
The digitalization across the country driven by COVID-19, availability of tax incentives, deployment of 5G services, and improved connectivity with other Asian countries such as China, Japan, Singapore, Taiwan, and others make Thailand an attractive market for investors.
In Thailand, operators must obtain a Board of Investment (BOI) Promotion Certificate for planning, constructing, and operating data centers. The entry of new players such as Telehouse and Chindata Group and the development of cloud regions by major operators such as Tencent Cloud and Alibaba Cloud are likely to attract more global players to invest in the market during the forecast period.
The three companies, AIS (Advanced Info Service), Singtel, and Gulf Energy, formed a joint Venture to develop data centers across the country. The construction to due to begin and is expected to be online by 2023.
The country is also witnessing the deployment of modular data centers. For instance, Huawei Technologies invested around $23 million to develop its third modular data center in the country. Bangkok is the primary location for data center investment in Thailand. The construction of Special Economic Zones (SEZs) and Free Trade Zones (FTZs) and the availability of infrastructure will attract investors to develop data center facilities in the coming years.
Datacenter development in Eastern Corridor might attract nearby customers from heavy industries (Automotive, Manufacturing, & Petro Chemical) and food processing industries to opt for their IT operations in the data center.
WHY SHOULD YOU BUY THIS RESEARCH?
THAILAND DATA CENTER MARKET VENDOR LANDSCAPE
IT INFRASTRUCTURE PROVIDERS
DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS
SUPPORT INFRASTRUCTURE PROVIDERS
DATA CENTER INVESTORS
Key Topics Covered:
Chapter 2: Investment Opportunities in Thailand
Chapter 3: Data Center Colocation Market in Thailand
Chapter 4: Market Dynamics
Chapter 5: Market Segmentation
Chapter 6: Tier Standard Investment
Chapter 7: Key Market Participants
Chapter 8: Appendix
For more information about this report visit https://www.researchandmarkets.com/r/cwl849
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SOURCE Research and Markets