Market Share of Singapore Data Center Construction Industry
The Singapore data center market is moderately consolidated, with the top five companies occupying the majority share. Fortis Construction, ABB Ltd, Precomp Singapore, AECOM, and TNS Asia Pacific PTE Ltd are the top five players.
In July 2023, Singapore Economic Development Board (EDB) and the Infocomm Media Development Authority (IMDA) announced the development of 80 MW capacity data centers with four operators named Equinix, GDS, Microsoft, and a consortium of AirTrunk, and ByteDance to expand international connectivity. Such investments are driving opportunities for the vendors in the market.
In March 2023, Megawide Construction Corporation signed an agreement with a Singapore-based group to build a data center worth USD 300 million to support the pivoting digital infrastructure in the country. The project involves the long-term development of a 69 MW colocation data center, resulting in opportunities for the vendors studied in the market.
Singapore Data Center Construction Market Leaders
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Fortis Construction
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ABB Ltd
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Precomp Singapore
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AECOM
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TNS Asia Pacific PTE Ltd
*Disclaimer: Major Players sorted in no particular order
