With increased green data centre construction, data center market in Singapore expected to reach over US$13 billion by 2019, says Technavio

Renewable energy

 

This industry analysis segments the market by IT equipment, power management, cooling solutions, general construction, security, and DCIM. It also presents a detailed analysis of the top five vendors in the data centre market in Singapore, including, Amazon Web Services, Google, Microsoft, and Equinix.

Technavio’s market research analysts predicts the data center market in Singapore to grow at a CAGR of around 15% between 2015 and 2019. Much of this growth can be attributed to the high adoption of cloud computing and big data analytics by the end users and making it one of the fastest growing markets in Southeast Asia.

The new market research report from Technavio provides a breakdown and analysis of the data center management by IT equipment.

Major IT equipment adopted by data center operators include server, storage, and network. Servers are the chief constituents of data center operations, and are categorized into tower servers, rack servers, blade servers and micro servers on basis of applications. The data center server market is expected to reach around US$ 2 billion by 2019, with the increased construction of data centers. Enterprises in Singapore are aiming towards creating such a data center infrastructure which can minimise downtime by enlisting disaster recovery needs.

Data centre server market in Singapore 2014-2019($ billions)

Source: Technavio Research

“Growing inclination towards green data centers is one of the key trends gaining momentum in the data center market because of their energy-efficiency. They reduce electricity consumption and carbon footprint through free cooling, use of renewable energy sources, consolidation, and waste recycling methods,” says Navin Rajendra, Lead Analyst, Energy, Technavio Resarch.

Top companies in the market include Amazon Web Services, Digital Realty, Equinix, Google and Microsoft. The market-friendly regulations fixed by the Singaporean government is the predominant growth driver of the data centre market in the region. The market is witnessing an increase in investments in green data center from foreign companies.

A more detailed analysis is available in the Technavio report Data Center Market in Singapore 2015-2019 – Market Analysis, Forecast and Trends.

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