DUBLIN–(BUSINESS WIRE)–The “Taiwan Data Center Market – Investment Analysis & Growth Opportunities 2024-2029” report has been added to ResearchAndMarkets.com’s offering.
The Taiwan data center market by investments is expected to grow reach $3.45 billion by 2029 from $1.47 billion in 2023, growing at a CAGR of 15.26%
This report analyses the Taiwan 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 Taiwan data center market for IT infrastructure is dominated by global vendors such as Lenovo, IBM, Fujitsu, Hewlett Packard Enterprise, Dell Technologies, Cisco Systems, Broadcom, and others, which has resulted in the high availability of efficient and advanced infrastructure in the market.
Regarding support infrastructure, multiple global vendors have a presence in the market and have been offering their products and services to data centers for several years. Some major Taiwan data center vendors include Eaton, Cummins, Caterpillar, ABB, Airedale, Legrand, and others. In terms of construction contractors, the market has local and global contractors who have been providing their services for multiple data center projects over the years. For instance, DLB Associates has provided its services to Google data centers in the country.
Taipei is the hub for data center development and foreign investments in the Taiwan data center market. Other cities are also expected to grow in the coming years. For instance, in March 2024, Vantage Data Center announced receiving over USD 64 million in loans from Taiwanese banks to construct its first facility, TPE11, in Taipei.
The Taiwanese government launched digitalization initiatives and other projects to attract foreign market investments. For instance, according to Taiwan government FDI statistics, from January to December 2023, Taiwan recorded 568 outbound investment projects (excluding Mainland China), totaling USD 23.58 billion. This reflects a 4.03% rise in project numbers and a 136.67% increase in investment amount compared to the same period in 2022.
The Taiwanese government is taking initiatives to increase the country’s power availability and reliability. For instance, it set up a target for producing around 20% of electricity from renewable sources, 30% from coal, and 50% from gas by 2025 under its 20-30-50 plan. The government plans to generate around 60%-70% of electricity from renewable energy sources by 2050.
NTT DATA, Acer Edc, Taiwan Mobile, Far EasTone Telecommunications, Chunghwa Telecom, Chief Telecom, and Chunghwa Telecom are prominent colocation providers in the Taiwan data center industry. Local operators lead the market, but global operators are expected to increase their investments and activity during the forecast period.
WHY SHOULD YOU BUY THIS RESEARCH?
KEY QUESTIONS ANSWERED
Key Attributes:
Report Attribute | Details |
No. of Pages | 115 |
Forecast Period | 2023 – 2029 |
Estimated Market Value (USD) in 2023 | $1.47 Billion |
Forecasted Market Value (USD) by 2029 | $3.45 Billion |
Compound Annual Growth Rate | 15.2% |
Regions Covered | Taiwan |
VENDOR LANDSCAPE
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
New Entrants
EXISTING VS. UPCOMING DATA CENTERS
REPORT COVERAGE
IT Infrastructure
Electrical Infrastructure
Mechanical Infrastructure
Cooling Systems
General Construction
Tier Standard
For more information about this report visit https://www.researchandmarkets.com/r/uvpg38
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
HONG KONG SAR - Media OutReach Newswire - 21 November 2024 - UOB Art Academy…
HONG KONG SAR - Media OutReach Newswire - 21 November 202 - Aomori Crafts from…
Collect FunStamps on the New 7-Eleven App and Redeem for FREE HONG KONG SAR -…
Their project, SilentGuide, is a pair of smart glasses that transcribes spoken words into subtitles,…
Whimsical White Christmas KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 21 November 2024 –…
New reality show connects regional culinary talent with global opportunities in an exciting competition. BANGKOK,…