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Data Center Market in Singapore to Grow at a CAGR of 14.07% over the Period 2015-2019


Albany, NY -- (SBWIRE) -- 10/06/2015 -- A data center is a centralized facility for data computing, processing, and storage purposes. It includes high-performance servers, networking equipment, storage arrays, and supporting services such as powering and cooling solutions. Data centers are established by enterprises dealing in cloud-based service offerings. There are also many enterprises that are involved in the construction of data center facilities with modern infrastructure and rent space for large enterprises as well as SMEs, termed as colocation and managed hosting data center facilities. With the evolution of cloud computing and increased use of big data analytics, there are a number of data centers being established to cater to the computing requirements of the enterprises to offer efficient and high availability services.

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The data center market in Singapore to grow at a CAGR of 14.07% over the period 2015-2019. The report covers the present scenario and the growth prospects of the data center market in Singapore. The market can be segmented based on IT equipment, cooling solutions, power management systems, racks, general construction, security, and data center infrastructure management (DCIM).

Technavio's report, Data Center Market in Singapore, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the data center market in Singapore and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Amazon Web Service (AWS)
Digital Realty

Market driver
Increase in demand for cloud and big data analytics
For a full, detailed list, view our report

Market challenges
High operational expenditure
For a full, detailed list, view our report

Market trends
Energy efficient data center construction
For a full, detailed list, view our report

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