APAC Green Data Center Market Size (2024 - 2029)

APAC Green Data Center Market Analysis

The Asia Pacific Green Data Center Market is expected to register a CAGR of 20.87% during the forecast period. A local telecommunications company in Singapore says that data centers use 7% of the country's total energy. By 2030, this number is expected to rise to 12%.

• Singapore also accounts for 60% of Southeast Asia's total data center supply. Over the life of a data center, the cost of power increases unpredictably, increasing operating expenses.This is an issue of serious environmental concern and a cause for firms worldwide to take steps toward sustainability.
• Energy use in data centers throughout APAC is rising to match skyrocketing demand. The APAC region consumes a significant amount of the total energy used by data centers worldwide, and there is no sign of slowing demand. The lack of energy management methods coupled with the unprecedented rise in demand is the major concern for the data center power market in the APAC region.
• This market is being hampered by rising power and utility prices.The rapid rise in power consumption has driven state providers to increase their prices by at least 10% over the last couple of years. The decreasing cost due to increased competition with the increasing number of new entrants into the market is also cutting into the profits of data center providers.
• The use of the Internet of Things and artificial intelligence spurred by the COVID-19 situation increased the need for higher-density processors, which produced more heat and thus required more cooling power. Moreover, data center energy usage increased due to increased teleworking and other virtual activities brought on by the COVID-19 pandemic. Developments in the form of using sustainable technologies were, thus, on the rise.

APAC Green Data Center Industry Segmentation

The Asia Pacific Green Data Center Market report describes the market size, growth potential, opportunities, overview, research, and segmentation based on services, solutions, end-users, and geographies. Moreover, the report analyses the market based on applications segregated by various end-user industries like BFSI, Healthcare, Government, Energy and Power, and Information Technology. The market is segmented by By Services (System Integration, Monitoring Services, Professional Services), Solutions (Power, Servers, Management Software, Networking technologies, Cooling), Users (Colocation, Cloud services), End-user Industries (Healthcare, Financial Services, Government, Telecom and IT) and Geography (India, China, Japan, South Korea, and Rest of Asia Pacific).

The market sizes and forecasts are provided in terms of value (in USD million) for all the above segments.