‘3 Indian cities among largest data centre markets in Asia-Pacific’
Hyderabad, Chennai and New Delhi have emerged as three of the top data centre markets in the Asia-Pacific region, as per a Knight Frank report. As a result, cities like Hyderabad, New Delhi and Chennai are registering significant data centre market growth, with circa 300MW to 400MW of IT capacity either live, committed or under construction in each location, Knight Frank noted.
Fuelled by strong market fundamentals and an increasing trend towards greater localisation of data centre facilities, total supply across nine rapidly emerging markets in Asia Pacific – Osaka, Melbourne, Jakarta, Manila, Hanoi, Taipei, Hyderabad, New Delhi, and Chennai – grew from just under 700 MW five years ago, to over 3,000 MW today, a meteoric increase of over 300% across, said Knight Frank. “In the first three quarters of 2022 alone, over 600 MW of new IT capacity has been added due to an increasing trend towards greater localisation of data centre facilities across these markets,” mentioned Knight Frank. Other cities in APAC include Melbourne, Jakarta, and Osaka, with each now registering more than half a gigawatt of aggregate IT supply.