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Top Asia Pacific Data Centre Markets
Hong Kong, Singapore, Tokyo and Sydney are deemed the four most developed data centre markets in the Asia-Pacific region. With similar physical and economic background as well as geographical proximity to mainland China and SEA, Hong Kong and Singapore are often compared for their competitiveness in data centre market.
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TOP ASIA PACIFIC MARKETS:
DATA CENTRE COLOCATION MARKET SIZE, 2017
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A COMPARISON BETWEEN THE DATA CENTRE MARKET
IN HONG KONG AND SINGAPORE |
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Source: Asia Pacific Data Centre Report: Singapore and Hong Kong Market by Structure Research, JLL and Data Centre World.
Download the report to learn more about the current data centre market and forecast of the two places.
Hong Kong Data Centre Market
1. Hyperscale is driving the local market
According to Jabez Tan, Head of Research, Structure Research, the Hong Kong market stands out from the rest as it is “the only market where hyperscale cloud providers such as AWS, Microsoft, Google and Alibaba are fully leasing their data centre capacity requirements from colocation providers versus opting to build their own.”
Source: Hong Kong DCI Report 2019: Data Centre Colocation, Hyperscale Cloud & Interconnection by Structure Research.
2. Land scarcity is holding back the HK data centre market
With the need of land for both greenfield and brownfield builds from hyperscalers and other colocation customers, the shortage of land in Hong Kong will hinder data center growth four or five years from now. Land and real estate developers who own industrial land will help relieve the land shortage issue while revitalisation of an Industrial Building to a Data Centre will be another way out (watch this video from CLP for example).
Continue to read more here.
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