APAC Data Center Colocation Industry to 2027 - Intelligent Monitoring is One of the Technologies Being Adopted by Data Center Operators
DUBLIN, Sept. 1, 2022 /PRNewswire/ -- The "APAC Data Center Colocation Market - Industry Outlook and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
APAC is the fastest-growing region with increased investments from global and local colocation data center operators worldwide. With the construction of additional data centers, local colocation providers in each country also increase their presence, thus boosting the market growth.
In 2021, China, India, Australia, Japan, Singapore, and Hong Kong were the leading markets that witnessed colocation data center investments in the APAC. China contributed over 35% of the APAC data center colcoation market share.
Colocation service providers are continuously involved in the adoption of renewable energy and are aiming to reduce the carbon footprint that will aid sustainable data center developments.
Mergers & Acquisition and Joint Venture (JV) will lead to the entry of new colocation data center operators into the different countries across APAC, leading to significant investments during the forecast period.
In APAC, the retail colocation market is valued at around USD 8.65 billion (66% share), whereas the wholesale colocation market is around USD 4.45 billion (34% share). The wholesale colocation market will witness significant growth through the increasing presence of hyperscale cloud service providers across APAC.
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