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Philippines Data Center Market Size by Investment to Reach USD 535 Million by 2026 - AriztonCHICAGO, Sept. 9, 2021 /PRNewswire/ -- Philippines data center market size is expected to grow at a CAGR of over 11.40% during the period 2020-2026. Philippines data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues. Get insights on 20 existing and 2 upcoming facilities spread across 6 Cities, including Manila and other cities including Cavite, Cebu, Clark, Davao, Manila, and Taguig. Key Highlights Offered in the Report: 1. The Philippines is an emerging market in Southeast Asia, with growth in the online gaming industry, emergence of the BPO industry, increased adoption of cloud, big data, and IoT, as well as cybersecurity and business continuity requirements driving the market over the next few years. 2. The Philippines receives majority of the data center service demand from ICT companies, followed by FMCG companies, BFSI, with hospitality, education, travel, and other industries accounting for the rest of the demand. 3. Manila is the leading data center market in Philippines, with 12 unique third-party data center facilities accounting for over 75% of the existing power capacity in the country. 4. PLDT and Globe Telecom deployed 5G network in the Philippines in 2020, which is likely to increase investments for data centers in coming years, especially the establishment of edge data center sites. 5. The Department of Energy in Philippines has set new renewable energy targets in its latest version of the National Renewable Energy Program (NREP). The program targets to achieve more than 37% renewable energy in the overall energy mix by 2030 and more than 55% by 2040. Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/philippines-data-center-market-investment-analysis Philippines Data Center Market – Segmentation
Market Segmentation by Electrical Infrastructure
Market Segmentation by Mechanical Infrastructure
Market Segmentation by General Construction
Market Segmentation by Tier Standard
Philippines Data Center Market – Dynamics The Philippines is considered one of the emerging markets in Southeast Asia, with multiple technology companies planning to build data centers in the country. In 2021, Alibaba announced that it will launch a new data center facility in the Philippines by the end of the year. The facility will offer Elastic Compute Service (ECS), database, global network solution, Content Delivery Network (CDN), and storage services. The market is likely to witness the entry of Stratus DC Management, which plans data center development in Manila, Philippines, owing to the anticipatory demand for data centers by enterprises and cloud service providers looking to collocate their workloads. In 2021, Converge ICT Solutions announced its plans to build a new data center in Mandaue, Philippines, by investing over USD 20 million. The facility (P1) will be a six-story building and will initially have 300 racks. Key Drivers and Trends fueling Market Growth:
Philippines Data Center Market - Existing Vs. Upcoming Data Centers
Get your sample today! https://www.arizton.com/market-reports/philippines-data-center-market-investment-analysis Key Market Participants IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
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 +1 302 469 0707 View original content:https://www.prnewswire.com/news-releases/philippines-data-center-market-size-by-investment-to-reach-usd-535-million-by-2026--arizton-301372685.html SOURCE Arizton Advisory & Intelligence |