Singapore ranks 5th amongst biggest data centre markets: report

This is amidst Singapore’s existing markets, dense fiber, and array of services.

Singapore has ranked fifth amongst the top 10 data centre markets globally, moving up one position from the previous year, according to the latest report by real estate services firm Cushman & Wakefield.

Whilst the country has tempered data centre development via local moratorium, it still finished in the top 10 amidst its strong existing markets, dense fiber, and a wide array of available services. It will remain imperative for the Singapore market to find solutions for future developments.

Cushman & Wakefield APAC data centre advisory group leader Todd Olson mentioned that Asia-Pacific markets continue to perform well as data centre destinations given its growth potential and the rapid development of technology platforms and networks across many markets.

“As e-commerce continues to flourish and cloud connectivity becomes a primary business driver, we expect the data center market growth to intensify in the region with secondary markets gaining prominence and new markets emerging in this space,” Olson said.

The report evaluated over 1,100 data centres around the world, utilising a unique weighted methodology to rank 48 global markets.