DUBLIN–(BUSINESS WIRE)–The “Malaysia Data Center Market – Investment Analysis & Growth Opportunity 2024-2029” report has been added to ResearchAndMarkets.com’s offering.
The Malaysia data center market is expected to grow at a CAGR of 13.92% from 2023-2029, from US$ 1.81 billion in 2023, to reach an expected US$ 3.97 billion by 2029.
The Malaysia data center market has about 34 operational colocation data centers. Most colocation data centers are being developed according to Tier III standards. For instance, NTT DATA’s Cyberjaya is designed and constructed per Tier III standards and certified by the Uptime Institute.
Malaysia is among the top expensive markets globally for developing data centers. In 2023, its data center construction cost stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta.
Some leading colocation operators in the Malaysian data center industry include Bridge Data Centres, NTT DATA, Keppel Data Centres, Vantage Data Centers, VADS, and GDS Services. Some new entrants in the market include AirTrunk, Equinix, EdgeConneX, Princeton Digital Group, NEXTDC, ST Telemedia Global Data Centres, and others.
Several factors are driving industrial development in Kuala Lumpur. For instance, the administration has established the Kuala Lumpur Smart City Master Plan 2020-2025 to support innovations and the sustainable development of the city’s industrial infrastructure, with targets such as smart digital infrastructure and smart economy.
In January 2024, the governments of Malaysia and Singapore signed an MoU to jointly develop a Special Economic Zone (SEZ) in the Malaysian state of Johor. This will help facilitate better cross-border movement of people and goods, increase the adoption of renewable energy, and make business regulations more effective. The upcoming Sedenak Tech Park in Johor offers various advantages, such as using renewable energy for its power needs, the low risk of natural disasters, large land availability, highly skilled talent, and government support. This will further bolster data center developments in the Malaysia data center market.
REPORT SCOPE
VENDOR LANDSCAPE
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
EXISTING VS. UPCOMING DATA CENTERS
Key Attributes:
Report Attribute | Details |
No. of Pages | 160 |
Forecast Period | 2023 – 2029 |
Estimated Market Value (USD) in 2023 | $1.81 Billion |
Forecasted Market Value (USD) by 2029 | $3.97 Billion |
Compound Annual Growth Rate | 13.9% |
Regions Covered | Malaysia |
REPORT COVERAGE
This report analyses the Malaysia data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.
The segmentation includes:
For more information about this report visit https://www.researchandmarkets.com/r/v60eam
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Vietnam is increasingly popular among Indian tourists, consistently topping reports and surveys as a favoured…
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 December 2024 - For Octa, a…
ACCRA, GHANA - Media OutReach Newswire - 24 December 2024 - 1win, in partnership with…
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 December 2024 - Shopee Malaysia recently…
MOSCOW, RUSSIA - Media OutReach Newswire - 24 December 2024 - Wildberries, a leading e-commerce…
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets…