Data centre co-location market to hit $652m by 2029

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Bangkok Post 17h ago

Data centre co-location market to hit $652m by 2029 - Bangkok Post

Quick Summary:

Thailand's data centre co-location market has a projected value of US$652 million by 2029, driven by demand for greater processing power to handle artificial intelligence (AI) workloads, says ST Telemedia Global Data Centres (STT GDC).

The built-out capacity of data centres in Thailand last year was 56.3 megawatts, and is expected to grow to 249MW by 2029.

The rising demand for cloud computing and accelerated computing, particularly AI workloads, is driving an increase in data centre investments and built-out capacity, said Ms Budsarin.