Thailand Data Center Colocation Market Supply & Demand Analysis Report 2024-2029: Easy Access to Major Markets Drives Developments and Witnesses Entry of Major Major Global Colocation Oper...
KDDI CORP UNSP/ADR (KDDIY)
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Source: Yahoo! Finance
Thailand Data Center Colocation Market is projected to reach a value of $335 million by 2029 from $142 million in 2023, growing at a CAGR of 15.4% Thailand is among Southeast Asia's emerging and ideal hubs for data center development due to easy access to major markets like China, India, Malaysia, and other locations. Thailand has around 30 operational colocation data centers, which will increase as several existing and new companies have planned investments in the country. The market is witnessing the entry of several global colocation operators such as OneAsia Network, Telehouse, Evolution Data Centres, Edge Centres, CtrlS Datacenters, AIS-Singtel Gulf Energy, and other companies. The global operators are using M&A and JV strategies to enter the market. For instance, Bridge Data Centres acquired a data center facility from WHA to enter the Thailand data center market and expand its presence. The support for the development of data centers in Thailand is high. In September 202
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