Report: Sydney, Singapore among the world’s biggest data center markets
Published 17 February 2021
Sydney and Singapore are among the world’s biggest data center markets.
These findings are according to real estate services company Cushman and Wakefield, which has published its latest report on the global data center market, ranking the world’s best cities for data center facilities in terms of land considerations, ecosystem advantages, and political and regulatory circumstances.
However, the top ten data centre markets are dominated by the US, with Northern Virginia and Chicago ranking first and second in the world respectively. Dallas, Seattle, and New York are other major cities made the list.
Two Asia-Pacific cities made the top ten: Sydney placed third, right in front of Silicon Valley, whereas Singapore came in at fifth place. As the biggest mover in overall rankings, the report attributed Sydney’s leap to third place to “Australia’s ongoing transformation in IT infrastructure”.
Singapore’s position, on the other hand, illustrates the city state’s “strong existing [market], dense fiber, and an array of available services.”
The report also shed light on secondary data center markets where the colocation sector “continues to blossom”, this includes Seoul, which entered the long list for the first time with a 300 MW data center capacity, Jakarta, and Mumbai. Data center markets to watch in APAC include Kuala Lumpur and Chennai.
The report evaluated 1,189 data centers and 48 markets all around the world.