Opportunities Emerging Across IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards
The Australia data center market is witnessing remarkable growth and is projected to soar to a value of $9.49 billion by 2028, compared to $6.31 billion in 2022, representing an impressive compound annual growth rate (CAGR) of 7.05% during the forecast period from 2022 to 2028.
This comprehensive report provides an in-depth analysis of the Australia data center market, exploring its existing and upcoming facilities, investments in IT, electrical, and mechanical infrastructure, general construction, and tier standards. The report delves into market sizing and investment estimation for various segments, shedding light on the factors driving this growth.
As enterprises increasingly shift their operations to cloud-based platforms and embark on digital transformation initiatives, the demand for reliable and secure data centers has become more critical than ever. To support this growing trend, the Australian government has implemented a digital transformation strategy aimed at facilitating the seamless migration of enterprises to the cloud platform. This strategy comprises policies, programs, and initiatives that encourage the adoption of cloud-based services and foster the expansion of the Australian data center market.
Key players in the Australia data center market, such as CDC Data Centres, DC Two, Digital Realty, AirTrunk, DCI Data Centers, and Equinix, are leading the way with their significant investments. Moreover, new entrants like GreenSquareDC, STACK Infrastructure, and Stockland are also making substantial contributions to the market’s growth.
In this dynamic landscape, this report serves as a comprehensive guide, offering valuable insights into the data center market in Australia, its key players, emerging trends, growth opportunities, and potential challenges. With a transparent research methodology, it analyzes the demand and supply aspects of the market, making it a vital resource for industry stakeholders seeking to capitalize on the promising opportunities within the Australia data center market.
Dublin, Aug. 04, 2023 (GLOBE NEWSWIRE)
For further information: The “Australia Data Center Market – Investment Analysis & Growth Opportunities 2023-2028” report has been added to ResearchAndMarkets.com’s offering.