Home Personal Finance South-east Asian data centres poised for fast growth, Invest News & Top...

South-east Asian data centres poised for fast growth, Invest News & Top Stories

22
0

South-east Asia will be the fastest-growing region for co-location data centres in the next five years, with its market size expanding at a compound annual growth rate (CAGR) of 13 per cent between this year and 2024.

The uptrend is underpinned by the rapid pace of digitalisation and surge in demand for cloud-based services across the region, which prompted giant companies such as Google, Alibaba Group and Amazon Web Services to expand their cloud infrastructure footprint to facilitate the expansion.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST’s best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content



Straitstimes News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.