Tuesday, December 10, 2024

Snapshot: data center platforms in Thailand poised to gain from surging demand

Empyrion Digital is expanding in Bangkok to meet rising cloud computing demand, with Thai spending projected to grow from $1.6bn to $7.3bn by 2030, attracting global tech investments amid regional competition.

Empyrion Digital’s Expansion in Bangkok

Empyrion Digital is set to expand its operations in Bangkok, enhancing cloud computing capabilities to meet growing regional demands. Thailand’s cloud spending is projected to surge from $1.6 billion to $7.3 billion by 2030, showcasing a robust 28.9% CAGR. This expansion will additionally bring the TH1 data center online, crucial for addressing Thailand’s rising cloud needs.

Opportunities in Thailand’s Data Center Market

Thailand’s data center market presents unique investment opportunities, being less saturated compared to Indonesia and Malaysia. As major telecom operators aim to transform Thailand into a digital hub, expansions in data center capacity are essential to achieving national digital goals. The country’s strategic location, complemented by government backing for digital initiatives, attracts global tech players.

Future Growth and Development

The expected growth in Thailand’s data center sector is driven by increasing demand from local and international businesses. As companies gravitate toward more cost-effective solutions outside saturated markets like Singapore, Thailand emerges as a prime investment destination. With ongoing government support and infrastructural investments, the ecosystem is ripe for innovation, job creation, and enhanced technological capabilities.

Source : Snapshot: data center platforms in Thailand poised to gain from surging demand

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