Asia Pacific Hyperscale Data Center Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 149 | Report Code: BMIRE00031962 | Category: Technology, Media and Telecommunications
No. of Pages: 149 | Report Code: BMIRE00031962 | Category: Technology, Media and Telecommunications
The Asia Pacific hyperscale data center market was valued at US$ 12,454.86 million in 2023 and is expected to reach US$ 61,570.44 million by 2031; it is estimated to register a CAGR of 22.1% from 2023 to 2031.
As the digital transformation continues, the demand for data processing power rises, highlighting the problem of reconciling technical innovation and environmental responsibility. Businesses are under increased pressure to meet sustainability due to stricter environmental regulations, investor interest in green practices for fewer risks and higher profits, and consumer preference for sustainable products. Furthermore, government initiatives are increasingly focusing on promoting sustainable data centers. For instance, the United Nations developed a plan to reduce the degree and rate at which global temperatures rise and reach net-zero emissions by 2050. This plan puts pressure on countries worldwide to develop and implement standards that eliminate greenhouse gas emissions by a specific timeframe in order to prevent a 1.5°C increase in global temperature. This plan promotes the use of solar and wind energy to replace coal, gas, and oil. The 2023 United Nations Climate Change Conference also announced the Global Cooling Pledge. This pledge aims to reduce cooling-related emissions by 68% by 2050, boosting cooling system efficiency and expanding the usage of natural refrigerants. Therefore, with sustainability initiatives in place, hyperscale data centers are likely to bring new trends in the market, as these are beneficial in performing environmentally friendly cloud operations, which can aid in achieving the goal of reaching net zero emissions within the stipulated timeline.
The growing internet penetration and the flourishing 5G infrastructure in APAC are expected to drive the regional market growth. According to the GSM Association, Asia Pacific is expected to have more than 400 million 5G subscriptions by 2025, representing 14% of overall mobile subscriptions. Nonetheless, 4G is also expected to be a dominant technology during the forecast period. China and South Korea are rapidly accepting the 5G technology after the launch. Meanwhile, the total revenues of telecom operators are projected to rise from US$ 210 billion in 2021 to US$ 224 billion by 2025. The 5G network provides high bandwidths (wave frequencies above 24 GHz) to support ultra-high capacity and low-latency bandwidth applications. This further accelerates the adoption of edge computing, which is emerging as an important hyperscale data center market trend in Asia Pacific. E-commerce became one of the fastest-growing industries that survived and thrived amid lockdowns in Asia Pacific in 2021. The increasing middle-class population and an expanding mobile internet user base have been significant contributors to the e-commerce business across the region. According to the International Air Transport Association (IATA), APAC leads the e-commerce market globally, with China accounting for a significant percentage of its revenue share. Moreover, according to the International Trade Administration, the country had the largest e-commerce market in the world and generated almost 50% of the world’s transactions. Similarly, the e-commerce market in other countries in APAC is also witnessing significant growth. According to the International Trade Administration, the e-commerce market in Australia—which ranks 11th among the largest e-commerce markets in the world—is expected to reach US$ 32.3 billion by 2024. According to the India Brand Equity Foundation (IBEF), the e-commerce market in India is expected to reach US$ 188 billion by 2025. Thus, the establishment of 5G networks, and the flourishing e-commerce industry are likely to lead to an increase in data generation, thereby accelerating the demand for hyperscale data centers in the region.
The Asia Pacific hyperscale data center market is categorized into solutions, end user, industry vertical, and country.
Based on solutions, the Asia Pacific hyperscale data center market is segmented into storage, networking, server, security, and others. The storage segment held the largest market share in 2023.
In terms of end user, the Asia Pacific hyperscale data center market is segmented into colocation providers, enterprises, and cloud providers. The colocation providers segment held the largest market share in 2023.
By industry vertical, the Asia Pacific hyperscale data center market is segmented into BFSI, telecom and IT, government and public, media and entertainment, and others. The BFSI segment held the largest market share in 2023.
By country, the Asia Pacific hyperscale data center market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific hyperscale data center market share in 2023.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 12,454.86 Million |
| Market Size by 2031 | US$ 61,570.44 Million |
| Global CAGR (2023 - 2031) | 22.1% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Solutions
|
| Regions and Countries Covered | Asia Pacific
|
| Market leaders and key company profiles |
ABB Ltd; Dell Technologies Inc; EdgeConnex Inc.; Cisco Systems Inc; International Business Machines Corp; Fujitsu Ltd; Hewlett Packard Enterprise Development LP; Intel Corp; Juniper Networks Inc; and Schneider Electric SE are some of the leading companies operating in the hyperscale data center market.
The Asia Pacific Hyperscale Data Center Market is valued at US$ 12,454.86 Million in 2023, it is projected to reach US$ 61,570.44 Million by 2031.
As per our report Asia Pacific Hyperscale Data Center Market, the market size is valued at US$ 12,454.86 Million in 2023, projecting it to reach US$ 61,570.44 Million by 2031. This translates to a CAGR of approximately 22.1% during the forecast period.
The Asia Pacific Hyperscale Data Center Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Hyperscale Data Center Market report:
The Asia Pacific Hyperscale Data Center Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Hyperscale Data Center Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Hyperscale Data Center Market value chain can benefit from the information contained in a comprehensive market report.
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