The "Malaysia Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Malaysia data center colocation market size was va...
Autore: Business Wire
DUBLIN: The "Malaysia Data Center Colocation Market - Supply & Demand Analysis 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The Malaysia data center colocation market size was valued at USD 280 million in 2023 and is expected to reach USD 1.23 billion by 2029, growing at a CAGR of 27.97%
The report considers the present scenario of the Malaysia data center colocation market and its market dynamics for 2024-2029. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the Malaysia data center colocation industry.
Malaysia is one of the majorly growing markets in the Southeast Asian data center market, aided by strong digitalization growth and the entry of several global operators. The market has over 30 existing data center facilities that will increase in the coming years, with several investments in the pipeline by new entrants and existing operators for upcoming data centers.
The Malaysia data center colocation market is witnessing strong growth in submarine cable connectivity, with several new cables in the development stage, including Asia Link Cable, India Asia Xpress, MIST, and others. Also, data center operators in the country have started investing in procuring renewable energy to power their data center facilities. In December 2022, Jland Group announced a partnership with Mitsui, a Japan-based conglomerate, to develop a data center in Johor and a solar power park to power the data center.
Several new entrants have entered the Malaysia data center colocation market, including GDS Services, EdgeConnex, Princeton Digital Group, Singtel, AirTrunk, NEXTDC, and Yondr Group. The region's government is taking several initiatives for the country's digital transformation. The government's program - Making Malaysia 4.0 - will put Malaysia among the top ten global economies by 2030.
Furthermore, the government has established a Digital Investment Office (DIO) that will act as a platform between the Malaysia Digital Economy Corporation (MDEC) and the Malaysian Investment Development Authority (MIDA) for the coordination and facilitation of digital investments in the country.
What's Included?
The Malaysia Data Center Colocation Market Report Includes
Key Attributes:
Report Attribute | Details |
No. of Pages | 59 |
Forecast Period | 2023 - 2029 |
Estimated Market Value (USD) in 2023 | $0.28 Billion |
Forecasted Market Value (USD) by 2029 | $1.23 Billion |
Compound Annual Growth Rate | 28.0% |
Regions Covered | Malaysia |
SUPPLY & DEMAND ANALYSIS
MARKET GROWTH FACTORS
COLOCATION REVENUE & PRICING ANALYSIS
VENDOR LANDSCAPE
Existing Colocation Operators
New Colocation Operators
For more information about this report visit https://www.researchandmarkets.com/r/v2nd4v
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Fonte: Business Wire