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According to Renub Research’s latest report “Asia-Pacific Data Center Market, Size, Forecast 2023-2028, Industry Trends, Share, Growth, Company Analysis” Asia-Pacific Data Center Market is estimated to grow at a CAGR of 12% and reach US$ 53.58 Billion by 2028. A data center is a facility that gives shared access to applications and data using a complicated network, computing, and storage infrastructure. There is a rapid demand for data center services in the Asia Pacific. The increased digital connectivity, integrated with the proliferation of rich media and digital solutions, subsequently results in a sharp growth in the amount of data generated, consumed, stored, and transferred.

The data center industry will grow as emerging economies accelerate digital transformation. Software development and management, consultancies, online services, and business process outsourcing are transforming business standards and implementing information technology services in nearly every sector, includ

Asia-Pacific’s is one of the most agile developing data centre regions in the world. The growing importance of smart technologies, IoT-powered devices, Big Data, Industry 4.0, 5G and cloud computing has led to Data Centers (DC) taking on a more prominent role in businesses in recent times in the region. The factors driving the growth of the APAC data centre market are the implementation of 5G network triggering edge data centre investments, procurement of renewable energy, installation of innovative data centre technology, and artificial intelligence enhancing liquid immersion & direct-to-chip cooling adoption. According to Renub Research, the Asia Pacific Data Centre Market is expected to grow with a double-digit CAGR of 12.91% during 2020-2027.

Data centers industry growth in India over the last few years has been considerable. Due to its fast growing economy, it has a strong potential to become a datacenter hub in the Asia Pacific region. The emergence of a new business environment,