Other markets may overtake SG data centre capacity: study
This is due to a limited pipeline of planned and under-construction supply.
Singapore’s data centre market is expected to surpass 1 gigawatt (GW) by 2024, which makes it the largest operational capacity city in Asia Pacific, except in China, Cushman & Wakefield showed.
In its latest study, it said Singapore’s limited pipeline of planned and under-construction supply, other markets like Tokyo, Mumbai, and Sydney are projected to overtake Singapore's operational capacity in the next five to seven years.
To date, the city-state has over 917 megawatts of operational capacity and 209MW in the planning or construction stages.
Cushman & Wakefield's report also revealed that Tokyo, Mumbai, and Sydney have the potential to become 'Powerhouse' markets, which surpassed 2GW in operational capacity.