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Expert Insights | Asia Pacific Data Centre Markets July 2023

The demand for data centres in Asia Pacific continues unabated as businesses ramp up their digital transformation journey and Artificial Intelligence, Virtual/Augmented Reality and the Internet of Things see increased investment.


Research shows that the data centre sector in Asia Pacific reported a 300% growth in capacity over the past five years, with the market expected to reach over USD 53 billion by 2028 as it expands at a CAGR of 12% from 2023 to 2028.

    “The continued growth of e-commerce and the surge in interest in AI-led platforms such as ChatGPT means that demand for Data centre space continues unabated all across Asia Pacific. 1H 2023 has seen the completion and announcement of several mega-projects in major markets but with supply and regulatory constraints varying considerably from market to market and competition from heavy-power users in the Advanced Manufacturing and EV sectors, challenges remain in meeting growth targets from a supply perspective.”

    “The repurposing of older assets seems like an easy solution; however, challenges remain in terms of power, floor loading etc especially for Hyperscalers and hence a ground-up approach is recommended for large projects. Investors and Developers must take a long-term view on the this asset class due to the long construction times and bespoke nature of the facilities. Another concern for both operators and investors is ESG compliance – again more challenging if considering a conversion of an existing asset Vs a new-build.”
Michael Bowens, Head of Industrial | Asia

This edition of our Expert Insights presents a detailed overview of key data centre markets in Asia Pacific, including Australia, Hong Kong, India, Korea, New Zealand and Philippines.


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Australia 

Data Centre Insights 



As a major landing point for submarine fiber cables Sydney is the focal point for data centres in Australia. Read this report for a detailed overview of the sector within Australia, including its current and future capacity, key players, investment themes and outlook. 

Data Centre | Global Capacity Share 

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Hong Kong

Data Centres Stay The Course 



Amid high demand, how is Hong Kong setting the ESG mandate to make its thriving data centre market more sustainable? Where and how data centres are being developed? Are there good investment opportunities in Hong Kong? Check out this edition of our Expert Talks.

Data Centres

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India  

Scaling Up In The Green Age 



India’s data centre stock is expected to double by 2025 as investments in this space continue to surge crossing USD10 bn since 2020 amid favorable government policies. A detailed deep dive with insightful research and analysis of India’s data centres, exploring investment models to business opportunities, regulatory and climate action requirements.  

Data Centres Growth 

Advantages

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Korea

Data Centre Market   



As Korea’s data centres market grows over next five years and morphs into an independent asset class, investors expect stable operating income led by increasing demand.

Data Centre Market 

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Philippines

Plugging Into Data Centre Demand   



Colliers Philippines is seeing a growing interest for data centres. The report takes a closer look at the market dynamics along with challenges and opportunities and what the future data centres landscape looks like in the country.

Data Centre Outlook 

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Explore our success stories and how Colliers is working with clients across Asia Pacific in Industrial and Data Centres space and beyond. 

Connect with us
For more insights into industrial real estate investment opportunities connect with Michael Bowens – Asia , Gavin Bishop – Australia, Tammy Tang – China, Bill Chan – Hong Kong, Ramaiy Kapoor – India, Yukihiro Ogasawara – Japan, Sungwook Cho – Korea, Greg Goldfinch – New Zealand, Paul Chua – Philippines, Lynus Pook – Singapore, Derek Huang – Taiwan.   

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View more of our expert thought leadership here, or visit our research library for past market insights across Asia Pacific.


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