The Growth of Data Centers
Today, we cannot deny that we are surrounded by data in various forms. The increase in data is not only coming from traditional databases but also from online transactions, ranging from banking and currency trading in video games to the rising trend of cryptocurrency transactions. This highlights the necessity for efficient data management and processing. The cloud computing industry is one of the sectors with a high demand for data centers. Major companies in this field, such as Microsoft Azure and AWS (Amazon Web Services), have significantly expanded their regional data centers in recent years to meet the growing demand for cloud computing and the increasing number of internet users.

Source: Cisco.com
The Asia-Pacific region has seen significant growth in data centers over the past few years, with projections indicating a growth rate of 12.2% until 2024. The demand for data centers in the APAC region stems from the growth of cloud service providers, social media, video streaming, e-commerce, and the banking sector. Within the Asia-Pacific countries, data centers can be categorized into three main groups: the first group consists of long-established service providers in the region, such as Hong Kong and Singapore; the second group focuses on domestic markets, including Tokyo and Shanghai; and the third group includes countries like India and Indonesia, which have a growing population but relatively few data centers. While Singapore and Hong Kong have a long history of providing data centers, they face challenges regarding space limitations for expansion.

Source: pwc.com
In Thailand, there has been investment in the data center business, such as Frasers Property (Thailand) partnering with STT Global to construct a hyperscale data center worth billions of baht. The Japanese company NTT launched the Bangkok 2 Data Center Phase 3 in the Amata Nakorn Industrial Estate at the beginning of 2020 and plans to expand to Phase 4 in 2021. Other data center service providers, such as KT Corporation from South Korea, are collaborating with Jasmine Telecom Systems (JTS) to venture into the data center business in Thailand. Additionally, Huawei from China plans to invest in data centers in Thailand, announcing an investment of 700 million baht in 2021 to build a third data center in Thailand, as part of the initiative to support Thailand in becoming a digital hub for ASEAN.