Singapore’s data centre market is valued at around USD 4 Bn, with over 900MW current operational capacity, set to cross the 1GW mark by the end of the next year.
Our report on Singapore’s data centre industry analyses the current market scenario and its future potential. The nation’s progressive approach and favourable government policies paved the way for the growth of the industry.
The report also explores the potential of data centre industry in India with regard to Singapore. As Singapore’s data centre industry has grown significantly in the past, India presents a similar opportunity for exponential growth as its robust economic performance continues to outshine global challenges.
Singapore is currently the largest data centre market in the Asia Pacific region, with plans to cross 1GW capacity.
| Number of data centre | 60 |
| Number of operators | 29 |
| Data centre market size | USD 4 Bn + |
| Active undersea cables | 25 |
| Planned capacity | 200 MW + |
| Operational capacity | 900 MW+ |
| Vacancy | Less than 2% |
A temporary moratorium was implemented in 2019 on building new data centres as local authorities wanted to strike a balance between environmental sustainability and supporting business needs.
Singapore remains a frontrunner in the Southeast Asian data centre market but faces challenges due to scarcity of land, water, electricity, and sustainability.
India currently stands as the 13th largest data centre marker worldwide with a 6% share of the global capacity. The country’s installed data centre capacity of over 700 MW is poised for significant growth, projected to surge to approximately 1.6-1.8 GW by 2025.
Indian data centre industry is destined to grow on the back of major policy reforms, inherent demand, and favourable business environment. Moreover, the learnings from Singapore can unlock the true potential of the industry in India.
India has a competitive edge over Singapore in terms of land and water availability along with renewable sources of energy and is capable of attracting large players to invest in data centre industry in India. Large consumer base is an added advantage as India is the most populous nation in the world with 1.4 Bn people.
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