The Asia Pacific data centre industry continues to demonstrate robust and dynamic growth with no signs of a deceleration. Growth is being driven by digitalization, the adoption of cloud computing and other data-intensive services, the proliferation of 5G networks and The Internet of Things, as well as regulatory policies mandating local data storage. Over the past few years, the region has already seen significant expansion of data centre infrastructure. Structure Research has estimated that the APAC colocation data centre market size was around 10,233MW of critical IT capacity in 2023 and is projected to grow at a five-year compound annual growth rate (CAGR) of 13.3% to 19,069MW by 2028, indicating a formidable momentum.

The emergence of artificial intelligence (AI), especially the release of ChatGPT and other generative AI tools has further boosted the demand for this sector, particularly for hyperscale data centres which have a substantially larger critical IT capacity.