As the largest data centre markets in the region face challenges when it came to site and power availability, operators have sought both new submarkets in major markets to grow as well as aggressive expansion into secondary and emerging markets across the region.
Primary Markets
The top six markets in the region continued to experience growth despite headwinds originating from lack of available land sites, power availability and regulatory frameworks in certain locales. Combined, there is 3.1GW either under construction or in planning across these markets. In certain markets, data centre players have focused on developing in further outlying areas. One example of this is in Sydney, where land transactions and newly announced projects have been growing in the far West of the market where land and infrastructure is more cost effective. Even markets that have experienced substantial barriers to entry are seeing new growth, with the primary example being Singapore. After the expiration of the data centre moratorium, new policies and parameters have reopened this key market to savvy developers who can satisfy the government’s new requirements.
- Singapore
- Hong Kong
- Sydney
- Greater Seoul
- Greater Tokyo
- Mumbai
Growth Markets
Another critical trend has been the intense interest in smaller, emergent data centre markets across APAC. As operator, investor and tenant interest has grown, we have expanded our market coverage to encompass the following six additional markets that have demonstrated either substantial pipeline announcements or marked interest from major cloud or colocation providers.
- Johor
- Greater Jakarta
- Hyderabad
- Bangkok
- Manila
- Ho Chi Minh
WHAT'S NEXT FOR DATA CENTRES ACROSS ASIA PACIFIC?
Stay up to date on the Asia Pacific data centre sector and find out more about Cushman & Wakefield's data centre capabilities.
WEBINAR REPLAY | What's Next for Data Centres Across Asia Pacific?
(H1 2021 Update)
Remarkable growth across the greater Asia Pacific region has continued in recent months, as large corporations and government agencies alike push forward their moves to the cloud and continued IT transformation. While quality sites are increasingly hard to acquire across the region, this has stimulated multi-floor data centre construction and pushes toward greater efficiency that are now reflected across the globe.
In this webinar, our industry experts shared their insights on:
- Key industry trends both globally and regionally
- Four key markets, Singapore, Sydney, Tokyo and Hong Kong, profiled in our H1 2021 Update
- Growing secondary markets across the region
