Smart Technologies Creating Huge Opportunities for the Vendors in Philippines & South Korea Data Center Market - Arizton
CHICAGO, Nov. 18, 2021 /PRNewswire/ -- Philippines and South Korea is a world leader in technology and innovation, thereby, the data center market in these countries are growing rapidly. The outbreak of COVID-19 created strong demand for data centers especially for cloud data center in the market. The growing trend of smart technologies are forcing the vendors to expand their portfolio to sustain in the competitive market. Arizton's reports covers overall insights of several growth factors, new technologies, trends, and competitive landscape to grow your business. Arizton is developing more insightful and customized related report to boost your business easily. The data center knowledge base industry reports are high on demand due to its quality of information. Get insights of more research reports at www.arizton.com now!
1. Philippines Data Center Market - Investment Analysis & Growth Opportunities 2021-2026
Philippines data center market size will witness investments of USD 535 million by 2026, growing at a CAGR of 11.40% during 2021-2026. The most preferred location for data center investments in the country is Manila, followed by Cebu and Davao. Enterprise spending on cloud data center across the Philippines is expected to increase from USD 1.8 billion in 2020 to around USD 2.6 billion in 2024. The next big thing that is the introduction of 5G in Philippines is likely to increase investments for data centers. PLDT and Globe Telecom are responsible for the introduction of the 5G network, this in turn, is fueling the growth of the Philippines data center market. The rising awareness of end-to-end power monitoring solutions in data centers will experience strong adoption of monitored and metered/switched PDUs across Philippines.
2. South Korea Data Center Market - Investment Analysis & Growth Opportunities 2021-2026
South Korea data center market size will witness investments of USD 5.25 billion by 2026, growing at a CAGR of 7.72% during 2021–2026. South Korea data center providers support free cooling techniques for majority of the time in a year. According to the Korea Data Center Council (KDCC), air-based cooling is adopted by over 40% of the data center operators in the country. The trend of cloud computing market in South Korea is growing rapidly and expects to generate a revenue of over USD 2.5 billion in 2021. South Korea is one of the emerging colocation data center locations in APAC. It is considered a leader in ICT spending and investment, with the presence of several cutting-edge technology companies such as Samsung, LG Electronics, and Naver, among others.
Subscribe to our data center knowledge base portfolio to access the latest research reports at competitive pricing.
?? Read some of the?top-selling?reports:??
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 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.??
SOURCE Arizton Advisory & Intelligence
Conference Luncheon - For Paid Conference Pass Holders, Exhibitors, Sponsors, Speakers, Press
Add-on Services to Drive Revenue and Customer Value
Face the Music: The New Age of Bluetooth