Dublin, March 07, 2024 (GLOBE NEWSWIRE) -- The "Malaysia Data Center Market, Competition, Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
The latest findings on the burgeoning Malaysia data center market reveal a promising growth forecast up until 2028, propelled by a combination of factors including heightened data consumption, government investments, and burgeoning 5G infrastructure. With a surge in skilled workforce availability and cost advantages, the sector positions itself as a strategic asset in supporting the expanding digital economy.
Key Drivers of the Malaysia Data Center Market
The Malaysia data center industry's growth trajectory is underpinned by several critical factors. The rapid adoption of cloud services and digital transformation initiatives across companies of varying scales is catalyzing market expansion. Cloud service giants such as Amazon Web Services (AWS) and Microsoft Corporation have announced strategic plans to strengthen their cloud regions in Malaysia, thus influencing the establishment of new data center facilities by prominent players like Equinix and GDS Holdings.
Additionally, the increasing penetration of internet connectivity and the proliferation of digital services are integral to the demand for data centers. The sector is experiencing a digital services revolution, with a significant spike in Internet usage across the Malaysian population, thereby necessitating robust data storage and processing infrastructure.
Fostering a Sustainable Data Ecosystem
- Renewable Energy Initiatives: With data centers being energy-intensive operations, Malaysia's focus on renewable energy is pivotal. The country aims to achieve a 31% total installed capacity from sustainable sources by 2025, reflecting a strong commitment to green initiatives and addressing the energy demands of data centers.
- Strategic Investments: Malaysia's attractiveness as a data center hub is augmented by significant investments from both domestic and international enterprises. This includes the establishment of hyperscale campuses and substantial investments, such as Vantage Data Centers' USD 3 billion investment plan for a new facility in Cyberjaya.
Market and Competitive Landscape
The Malaysia data center market is categorized across various solutions such as IT infrastructure, electrical and mechanical infrastructure, among others. It spans diverse types, including corporate and web hosting services, catering to a range of end-user industries like IT & telecom, government, BFSI, and healthcare.
The competitive landscape showcases an array of prominent players driving market growth through strategic initiatives and service offerings. These range from native entities to global corporations, collectively underscoring the market's dynamic and collaborative nature.
Key Market Developments
The report anticipates that factors such as government incentives, thrust on digitalization, and strategic collaborations will continue to facilitate the growth of the Malaysia data center market. With a focus on sustainability, innovation, and digital transformation, the market is positioned to address the evolving demands of the data-intensive future economy.
The comprehensive assessment presented in this report delves into the details of the expansive market structure, emerging trends, growth opportunities, and the holistic ecosystem of the Malaysia data center industry. The rigorous analysis encapsulates actionable insights for stakeholders and outlines the strategic trajectory of the market up to 2028.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 84 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $1.87 Billion |
| Forecasted Market Value (USD) by 2028 | $2.9 Billion |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Malaysia |
A selection of companies mentioned in this report includes
- NTT Communications Corporation
- Telekom Malaysia Berhad (TM)
- PLTPRO Data Centre Sdn Bhd
- AIMS Data Centre Sdn Bhd
- Bridge Data Centres Malaysia Sdn. Bhd.
- IP ServerOne Solutions Sdn. Bhd.
- Keppel Data Centres Holdings Pte Ltd
- GDS Services Ltd
- Cisco Systems Inc.
Key Topics Covered
- Product Overview
- Research Methodology
- Executive Summary
- Voice of Customer
- Malaysia Data Center Market Outlook
- East Malaysia Data Center Market Outlook
- West Malaysia Data Center Market Outlook
- Market Dynamics
- Market & Acquisitions/ Recent Development
- Policy and Regulatory Framework
- Malaysia Economic Profile
- Company Profiles (10 Major Companies)
- Strategic Recommendations
- About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/n5k5dv
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