According to SPER Market Research, the Malaysia Data Center Market’s rising growth rate in the Malaysian data center market was seen. Revenue growth for the Malaysian data center market has been positive double digit CAGR over the research period. An increase in data centers, a country-wide increase in digitization, and demand from SMEs all contributed to the growth. The strong demand for digital services in Malaysia is a result of the country’s rising internet adoption rate. The DC firms are being forced to increase their capacity in order to meet the rising demand for data center services. It is also expected that during the study period, the revenue from Malaysian data centers will grow at a considerable double-digit CAGR. The introduction of 5G technology in Malaysia is probably going to increase the market’s acceptance of IoT-enabled goods, which will accelerate the growth of the data center sector.
In Malaysia, a data center industry trend that is anticipated to have a favourable effect over the next several years is the move toward massive data center facilities. Building large, multistory data center facilities is becoming more common among service providers because to a lack of available land and the high cost of land acquisition. Colocation service providers and CSPs want to construct data centers with larger gross floor areas than what is currently available. Big data center facilities may accommodate more customers than small data center facilities because they have more storage and computing resources available to them. For service providers, maintaining such huge data centers is also easier than managing numerous tiny data centers.
Malaysia Data Center Market Overview:
- Forecast CAGR (2022-2032): XX%
- Forecast Market Size (2032): XX billion
After Singapore, the Malaysian data center market is among the most developed in Southeast Asian nations. The government of Malaysia is constantly enhancing the nation’s digital economy. The Ministry of Foreign Trade and Industry seeks to advance innovative technologies as a provider of solutions and to draw capital to the industrial sector.
Impact of COVID-19 on the Malaysia Data Center Market:
In response to COVID-19’s effects in Malaysia, the government started a number of programs to strengthen the nation’s digital infrastructure and economy. Through these measures, the nation has seen an increase in cloud usage across a number of industry verticals, including businesses, governmental organizations, and the education sector. Market vendors should concentrate more on the growth prospects in the fast-growing segments while preserving their positions in the slow-growing segments in order to take advantage of the chances and recover from the post COVID-19 impact.
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Malaysia Data Center Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Type of Data Center:
- Co-location Data Center
- Managed Data Center
By End User:
This report also provides the data for key regional segments of Central, East, North, South.
Malaysia Data Center Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; AIMS DC, Basis Bay, Bridge Data Center, CSF Advisors, HDC, IPServerOne, NTT, Open DC, Starteq, TM One, Vantage DC.
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