MARKET OVERVIEW

The Singapore data center market size will witness investments of USD 5.15 billion by 2028, growing at a CAGR of 3.41%. Singapore accounts for more than 40% of the total Southeast Asia data center market. It is the major hub in the region, where most of the submarine cables pass through Singapore, which is laid between APAC & EMEA countries and the United States.

The Singapore data center market is well connected to several major markets, with around 25 submarine cables. Around thirteen upcoming submarine cables are connecting Singapore to major markets worldwide. The increase in the adoption of cloud-based services in the country is increasing the establishment of cloud regions by major cloud services providers such as AWS, Microsoft, Facebook, Google, and Oracle. For instance, in January 2023, GrabMaps, a new data provider in Southeast Asia that offers maps, search, and routing, was added to Amazon's cloud location.

Regarding 5G network connectivity, telecom operators such as Singtel, M1, Nokia, Antina, Ericsson, Qualcomm Technologies, and OPPO are involved in deploying 5G network services nationwide. For instance, in February 2023, Nokia won the new 10-year agreement with exiting 5G network provider Antina. Additionally, Nokia deploys a 5G Standalone (SA) network for indoor and outdoor coverage and expands the existing coverage. Further, AI adoption is increasing vastly along with government support and initiatives; around USD 370 million is funded by the government in the Research, Innovation, and Enterprise (RIE) 2025 Plan for AI-based activities.

KEY HIGHLIGHTS

• After lifting the moratorium in 2022 in Singapore, the Singapore data center market is again expected to start receiving investments. We believe that after 2-3 years, the investments will start growing positively. The investments in 2022 were majorly driven by projects that were already under construction or were announced before the start of the moratorium in the country.
• The Infocomm Media Development Authority (IMDA) and Economic Development Board (EDB) listed several criteria for data center applications, including the data center project having to be developed with a PUE of 1.3 or less for a 100% IT load capacity.
• The government has set a target for achieving 2 Giga-peak (GWp) of renewable energy by 2030. Singapore also plans to import up to 4 GW of green energy by 2035 from Cambodia and Indonesia.
• The government offers economic zones known as free trade zones that offer businesses good customs and tax concessions. Tanjong Pagar Terminal and Keppel Terminal, Keppel Distripark, Keppel Distripark Linkbridge, Pasir Panjang Terminal, Jurong Port, and others are only a few of the Free Zones in Singapore.
• In November 2022, Microsoft partnered with ITE and launched the first Datacenter Academy (DCA) in Asia. DCA's five-year commitment is to empower around 300 ITE students with data center skills.

WHY SHOULD YOU BUY THIS RESEARCH?

• Market size available in the investment, area, power capacity, and Singapore colocation market revenue.
• An assessment of the data center investment in Singapore by colocation, hyperscale, and enterprise operators.
• Investments in the area (square feet) and power capacity (MW) across states in the country.
• A detailed study of the existing Singapore data center market landscape, an in-depth industry analysis, and insightful predictions about industry size during the forecast period.
• Snapshot of existing and upcoming third-party data center facilities in Singapore
  • Facilities Covered (Existing): 41
  • Facilities Identified (Upcoming): 3
  • Coverage: 3+ Sub-locations
  • Existing vs. Upcoming (Area)
  • Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in Singapore
  • Market Revenue & Forecast (2022-2028)
  • Retail Colocation Pricing
• The Singapore market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
• A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
• Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
• A transparent research methodology and the analysis of the demand and supply aspects of the market.

VENDOR LANDSCAPE

• In Southeast Asia, Singapore is the most mature market, with most global and local operators in the country. The country has more than 40 existing third-party facilities.
• In 2022, BDx, Keppel Data Centres, ST Telemedia Global Data Centres, and Princeton Digital Group were some of the colocation operators involved in developing the data centers, which are open and under construction in the Singapore data center market.
• In addition, the country also witnessed investments from global cloud operators such as Microsoft, Amazon Web Services, and Facebook. For instance, in August 2022, Google launched its third facility in Singapore.
• In renewable energy adoption, some data center operators are taking initiatives to shift towards sustainability. For instance, Equinix announced plans for testing hydrogen fuel cells for its facilities in Singapore.
• The Singapore data center market has local and global construction contractors catering to major market operators. Aurecon Group was contracted to provide mechanical and electrical engineering services to Global Switch’s Woodlands data center facility.
• In Singapore, some data center investors have started investing in adopting DCIM/BMS solutions to reduce OPEX and human intrusions in the country. For instance, Princeton Digital Group’s SG1 data center in Singapore has Data Center Infrastructure Management (DCIM), Building Management System (BMS), and 24x7 on-site remote hands engineers.

EXISTING VS. UPCOMING DATA CENTERS

• Existing Facilities in the Region (Area and Power Capacity)
  • Eastern Singapore
  • Southern Singapore
  • Northern Singapore
• List of Upcoming Facilities in the region (Area and Power Capacity)

REPORT COVERAGE:

This report analyses the Singapore 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:

• IT Infrastructure
  • Servers
  • Storage Systems
  • Network Infrastructure
• Electrical Infrastructure
  • UPS Systems
  • Generators
  • Transfer Switches & Switchgears
  • PDUs
  • Other Electrical Infrastructure
• Mechanical Infrastructure
  • Cooling Systems
  • Racks
  • Other Mechanical Infrastructure
• Cooling Systems
  • CRAC & CRAH Units
  • Chiller Units
  • Cooling Towers, Condensers & Dry Coolers
  • Other Cooling Units
• General Construction
  • Core & Shell Development
  • Installation & Commissioning Services
  • Engineering & Building Design
  • Fire Detection & Suppression Systems
  • Physical Security
  • Data Center Infrastructure Management (DCIM)
• Tier Standard
  • Tier I & Tier II
  • Tier III
  • Tier IV

VENDOR LANDSCAPE

• IT Infrastructure Providers: Arista Networks, Atos, Broadcom, Cisco Systems, Dell Technologies, Huawei Technologies, Hewlett Packard Enterprise, IBM, Inspur, Juniper Networks, Lenovo, MiTAC Holdings, NetApp, Quanta Cloud Technology, Wiwynn.
• Data Center Construction Contractors & Sub-Contractors: Aecom, Arup, Aurecon, AWP Architects, Cundall, DSCO Group, Fortis Construction, Faithful+Gould, Gammon Construction, Kienta Engineering Construction, LSK Engineering, M+W Group, NTT Facilities, PM Group, Sato Kogyo.
• Support Infrastructure Providers: ABB, Airedale International Air Conditioning, Bosch Security Systems, Caterpillar, Cummins, Eaton, Fuji Electric, HITEC Power Protection, Kohler-SDMO, Legrand, Mitsubishi Electric, Piller Power Systems, Rolls Royce, Rittal, Schneider Electric, STULZ, Vertiv.
• Data Center Investors: AirTrunk, Amazon Web Services (AWS), Big Data Exchange (BDx), China Mobile International (CMI), DODID, Digital Realty, Equinix, Facebook (Meta), Google, Global Switch, Iron Mountain, Keppel Data Centres, Microsoft, NTT Global Data Centers, Princeton Digital Group (PDG), Singtel, ST Telemedia Global Data Centres, Telin Singapore.