
Singapore Data Center Market Report Includes Size in Terms of
Get Insights on 41 Existing Data Centers and 03 Upcoming Facilities across Singapore
Report Attribute | Details |
---|---|
Market Size | USD 5.15 Billion (2028) |
MARKET SIZE (AREA) | 887 thousand sq. Feet (2028) |
MARKET SIZE (POWER CAPACITY) | 170 MW (2028) |
CAGR INVESTMENT (2022-2028) | 3.41% |
HISTORIC YEAR | 2021-2022 |
BASE YEAR | 2022 |
FORECAST YEAR | 2023-2028 |
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.
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:
Frequently Asked Questions
How much is the Singapore data center market investment expected to grow?
The Singapore data center market is expected to witness a year-over-year investment of USD 5.15 billion by 2028.
How many data centers have been identified in Singapore?
Singapore has around 41 existing and 3 upcoming data centers.
What is the growth rate of the Singapore data center market?
The Singapore data center market is growing at a CAGR of 3.41% during the forecast period.
What are the driving factors for the Singapore data center market?
The Singapore data center market is driven by cloud adoption, AI adoption, submarine cable connectivity, 5G network connectivity, and renewable energy procurement.
Who are the key investors in the Singapore data center market?
Some of the key investors in the Singapore data center market include companies such as AirTrunk, Big Data Exchange (BDx), China Mobile International (CMI), Digital Realty, Equinix, Global Switch, Iron Mountain, Keppel Data Centres, NTT Global Data Centers, Princeton Digital Group (PDG), Singtel, ST Telemedia Global Data Centres, and Telin Singapore.
The Singapore data center market size is projected to reach USD 5.15 billion by 2028, growing at a CAGR of 3.41% from 2022 to 2028.
The following factors are likely to contribute to the growth of the Singapore data center market during the forecast period:
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the Singapore data center market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes the demand and supply aspects of the market.
The report includes the investment in the following areas:
VENDOR LANDSCAPE
IT Infrastructure Providers
Data Center Construction Contractors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
1. Existing & Upcoming Third-Party Data Centers in Singapore
1.1. Historical Market Scenario
1.2. 40+ Unique Data Center Properties
1.3. Data Center IT Load Capacity
1.4. Data Center White Floor Area Space
1.5. Existing Vs Upcoming Data Center Capacity by Sub-location
1.5.1. Eastern Singapore
1.5.2. Southern Singapore
1.5.3. Northern Singapore
1.6. List of Upcoming Projects
2. Investment Opportunities in Singapore
2.1. Microeconomic and Macroeconomic Factors of the Singapore Market
2.2. Investment Opportunities in Singapore
2.3. Investment by Area
2.4. Investment by Power Capacity
3. Data Center Colocation Market in Singapore
3.1. Colocation Services Market in Singapore
3.2. Data Center Demand Factors in Singapore
3.3. Retail vs Wholesale Data Center Colocation
3.4. Colocation Pricing (Quarter Rack, Half Rack, Full Rack) & Add-ons
4. Market Dynamics
4.1. Market Drivers
4.2. Market Trends
4.3. Market Restraints
5. Market Segmentation
5.1. IT Infrastructure: Market Size & Forecast
5.2. Electrical Infrastructure: Market Size & Forecast
5.3. Mechanical Infrastructure: Market Size & Forecast
5.4. General Construction Services: Market Size & Forecast
6. Tier Standard Investment
6.1. Tier I & II
6.2. Tier III
6.3. Tier IV
7. Key Market Participants
7.1. IT Infrastructure Providers
7.2. Construction Contractors
7.3. Support Infrastructure Providers
7.4. Data Center Investors
8. Appendix
8.1. Market Derivation
8.2. Quantitative Summary
Exhibit 1 Third-Party Data Centers Snapshot
Exhibit 2 Third-Party Data Center Snapshot by Sub-locations
Exhibit 3 Data Center Market Size & Forecast by Investment 2022−2028 ($ Million)
Exhibit 4 Data Center Market Size & Forecast by Area 2022−2028 (Thousand Square Feet)
Exhibit 5 Data Center Market Size & Forecast by Power Capacity 2022−2028 (MW)
Exhibit 6 Data Center Colocation Service Revenue: Market Size & Forecast by 2022−2028 ($ Million)
Exhibit 7 Retail vs. Wholesale Colocation Revenue: Market Size & Forecast by 2022−2028 ($ Million)
Exhibit 8 Retail & Wholesale Colocation Pricing 2022
Exhibit 9 Market by Industry (% Share)
Exhibit 10 Market Size & Forecast by IT Infrastructure 2022−2028 ($ Million)
Exhibit 11 Market Size & Forecast by Electrical Infrastructure 2022−2028 ($ Million)
Exhibit 12 Market Size & Forecast by Mechanical Infrastructure 2022−2028 ($ Million)
Exhibit 13 Market Size & Forecast by Cooling Systems 2022−2028 ($ Million)
Exhibit 14 Market Size & Forecast by General Construction 2022−2028 ($ Million)
Exhibit 15 Market Size & Forecast by Tier Standards 2022−2028 ($ Million)
LIST OF TABLES
Table 1 List of Upcoming Data Center Projects
Table 2 Data Center Site Selection Criteria
Table 3 Overall Market Size & Forecast 2022−2028
Table 4 Market Size & Forecast by Colocation Revenue 2022−2028 ($ Million)
Table 5 Market Size & Forecast by Infrastructure 2022−2028 ($ Million)
Table 6 Market Size & Forecast by IT Infrastructure 2022−2028 ($ Million)
Table 7 Market Size & Forecast by Electrical Infrastructure 2022−2028 ($ Million)
Table 8 Market Size & Forecast by Mechanical Infrastructure 2022−2028 ($ Million)
Table 9 Market Size & Forecast by Cooling Systems 2022−2028 ($ Million)
Table 10 Market Size & Forecast by General Construction 2022−2028 ($ Million)
Table 11 Market Size & Forecast by Tier Standards 2022−2028 ($ Million)
CATEGORIES
GET SAMPLES BEFORE PURCHASE
REPORTS
GET SAMPLES BEFORE PURCHASE
COUNTRIES
GET SAMPLES BEFORE PURCHASE
VENDORS
GET SAMPLES BEFORE PURCHASE
The exclusive and most exhaustive research report
Reflect the most authentic market sentiments
Continous update with new content and analysis
The reports are best value for money