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4 FAQs about Off-grid pricing for Southeast Asian data center users external cabinets

How will Asia's data center market grow over the next 5 years?

Rapid growth of Asia's data center market is expected over the next five years due to the region's expanding digital economy. AI workload increases are driving data center expansion in Southeast Asia while challenges in power availability are hindering new developments in key Asian cities.

How big is the data center market in Southeast Asia?

Southeast Asia (SEA) is experiencing a significant surge in data center development, driven by the rapid adoption of artificial intelligence (AI) and a growing demand for cloud computing. In 2023, the region's data center market attracted $10.23 billion in investments, with projections reaching $17.73 billion by 2029, reflecting a CAGR of 9.59%.

How data centers are transforming the digital landscape in Asia?

The rise of data centers in Asia, particularly Southeast Asia, is transforming the digital landscape by improving connectivity and internet infrastructure. Initiatives like the INDIGO submarine cable and strategic data center placements reduce latency and enhance service reliability.

Which companies are investing in data centers in Asia & Southeast Asia?

Global investors like Bain Capital, KKR & Co., Blackstone, PGIM, and Warburg Pincus are significantly investing in data centers across Asia and Southeast Asia, driving economic growth and job creation. Bain Capital’s 3.2 billion USD acquisition of Chindata Group will create numerous positions in construction and maintenance.