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Data Center Market in Southeast Asia to Expand at 20.17% CAGR from 2016 to 2020

04-28-2016 02:44 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

Data Center Market in Southeast Asia to Expand at 20.17% CAGR from

MarketResearchReports.biz has announced the addition of the “Data Center Market in Southeast Asia 2016-2020” report to its offering. The detailed report contains data about the current state of the data center market in Southeast Asia. It studies the market opportunities and the potential challenges faced by the data center market in Southeast Asia. The impact of drivers and challenges is also studied. The report helps readers discover trends in the data center market in Southeast Asia and identify the strategic consolidations shaping the industry. According to the report, the data center market in Southeast Asia is anticipated to exhibit a 20.17% CAGR between 2016 and 2020 due to increasing digitization of data across various industries, thus raising the demand for data centers.

Data centers are facilities that accommodate computing systems comprising servers, storage systems, backup, and telecommunications. Every data center contains cooling, promised uptime, redundancy, and power facilities.

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The data center market in Southeast Asia is driven by the need to store large amounts of data and have data backup facilities. The growing concern for security of data is boosting the demand for data centers in Southeast Asia. Data centers provide efficiency and are thus in great demand from the healthcare, BFSI, telecommunications, IT, and pharmaceuticals industries. With the growing demand for digitization of data, virtualization of networks, and constant innovations in cloud computing, data centers have become quite popular.

Since data centers require large amounts of energy, they need an equivalent amount of cooling to ensure functioning of the data center. As such, meeting environmental regulations and government compliances regarding cooling systems can be a challenge for the data center market. High construction cost of data centers is one of the factors restraining the Southeast Asia data center market. The high initial installation cost will also restrict the market from growing. However, the growing demand for green data centers will ensure the market’s success in the coming years.

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The report analyzes the data center market in Southeast Asia and predicts the market’s size and growth rate by 2020. It also covers the growth prospects and landscape of the data center market in the forthcoming years. The economic indicators of the data center market have been analyzed in the report. The data center market is segmented into infrastructure, IT equipment, security, power management, cooling, rack, DCIM, countries and general construction.

Major companies in the data center market have been profiled and studied in detail in the report. This is to benefit the reader in understanding the challenges faced by the leading companies and the growth strategies used by the companies to become successful in the market. Some of the key players studied in the report are: AWS, Digital Realty Trust, Equinix, Google, StarHub Microsoft, Moratelindo, NTT Communications, and Singtel.

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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