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Stock impact report

Malaysia Data Center Market Analysis 2024-2029: Malaysia is Among the Top Expensive Markets Globally for Developing Data Centers [Yahoo! Finance]

Equinix, Inc. (EQIX) 
Last equinix, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: equinix.com/company/investors
Company Research Source: Yahoo! Finance
The Malaysia data center market is expected to grow at a CAGR of 13.92% from 2023-2029, from US$ 1.81 billion in 2023, to reach an expected US$ 3.97 billion by 2029. KEY HIGHLIGHTS The Malaysia data center market has about 34 operational colocation data centers. Most colocation data centers are being developed according to Tier III standards. For instance, NTT DATA's Cyberjaya is designed and constructed per Tier III standards and certified by the Uptime Institute. Malaysia is among the top expensive markets globally for developing data centers. In 2023, its data center construction cost stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta. Some leading colocation operators in the Malaysian data center industry include Bridge Data Centres, NTT DATA, Keppel Data Centres, Vantage Data Centers, VADS, and GDS Services. Some new entrants in the market include AirTrunk, Equinix, EdgeConneX, Princeton Digital Group, NE Show less Read more
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