Free
Contact person: Claudine Ang Contact email: Claudine.ang@alibaba-inc.com
Thursday, November 14, 2024, 10:00 - 17:00 UTC+08:00
Centara Grand and Bangkok Convention Centre Pathum Wan, Bangkok 10330, Thailand, Bangkok, Central, Singapore
Explosive Growth in Thailand’s Data Center Market
Being strategically placed in the heart of ASEAN – poised to become the world’s fourth-largest economy, Thailand is your prime destination for data center and cloud services. By 2024, the Data Center Market Sector in ASEAN is projected to be worth up to USD 5.4 billion.
Thailand’s data center market is set to skyrocket, with a projected CAGR of 9.79% from 2022 to 2028. This surge is driven by enhanced connectivity, cloud adoption, and the rise of Big Data & IoT technologies. Global heavyweights like OneAsia Network, Telehouse, Bridge Data Centers, and Chindata Group, alongside tech giants Amazon Web Services and Google, are funneling significant investments into Thailand. AIS, Singtel, and Gulf Energy are teaming up to construct data centers nationwide, slated for completion by 2023.
Emerging Trends in Data Center Services
Cloud-based services are fuelling the demand for retail and wholesale colocation services. Retail colocation appeals to small-scale firms, while local governments, travel and tourism, the BFSI sector, and hospitals opt for wholesale colocation. Hyperscale solutions are preferred by content providers, cloud operators, leading e-commerce firms, public sector agencies, and banks. As 5G networks roll out, they will catalyze the digital economy, driving high-bandwidth networking infrastructure demand.
Why Choose Thailand for Data Centers and Cloud Services?
The Thai Government’s commitment to the digital economy, with the aim of becoming “ASEAN’s Digital Hub,” is underscored by the country’s impressive internet infrastructure, featuring international internet gateways, internet exchange points, and a multitude of Internet Service Providers. Thailand’s strong connectivity, coupled with its submarine cable network and 5G adoption, propels it from an emerging Cloud & Data Center Market to a pivotal player in Asia.
Register here: https://clouddatacenter.events/events/thailand-cloud-datacenter-convention-2024/
