New Delhi, April 27, 2018: Incentives and support provided by the government of Malaysia, increase in number of data centres, gradual increasing in number of international clients are the key factors driving the growth in Malaysia Data Centre Market.
The Economic Transformation Programme (ETP) launched by the Federal Government of Malaysia has gradually transformed the country and is spearheading Malaysia towards the status of a developed country. Owing to this programme the overall infrastructure has improved. The ICT infrastructure of the country has drastically improved in the past few years and the government is continuously investing to improve these services. Under the ETP, development of data centre hubs across the country is one of the key Entry Point Projects (EPPs) under the Business Services NKEAs (National Key Economic Areas) of the Economic Transformation Program (ETP). Owing to the Government’s relentless efforts, the country is evolving as an attractive destination for global corporations to outsource their data centre business. There has been a gradual rise in the overall market size of the data centre industry in the country. Companies are increasing their data centre floor space to cater to clients with demand for larger space.
There is stiff competition from data center markets such as Singapore, Hong Kong and Japan. However, the market in Malaysia is growing because of the low investment cost. The land available in Malaysia for development of data centre is reasonably priced. Government has specifically dedicated hubs across the country and is providing companies with special incentives to establish companies in these hubs.
The report titled “Malaysia Data Centre Market Outlook to 2022 – by Revenue Streams (Colocation, Managed Hosting and Cloud Services), by End Users (Banking & Finance, Federal Government, Content & Technology and Others)” by Ken Research suggested a growth at a noteworthy CAGR of over 17% in revenue in Malaysia Data Centre Market in next 5 years till 2022. The market is witnessing a change in preference of services. End users especially Small and Medium Businesses (SMBs) are now opting for cloud services. Owing to the rise in demand, the Malaysian market has also witnessed rise in number of companies offering cloud services. Hyperscale cloud services providers are also entering the Malaysian market. Entry of Amazon Web Services and Alibaba Cloud into the Malaysian market in 2017 is likely to attract more global public cloud vendors, which will further increase the uptake of data centre space in the market.
Key Topics Covered in the Report:
Malaysia Data Centre market size
Data Centre Services Market in Malaysia
Colocation Services Industry in Malaysia
Managed Hosting Services Industry in Malaysia
Major Regions with DC services in Malaysia
Malaysia cloud computing market
Competition in Malaysia Data Centre industry
Market Share of major players in Malaysia Data Centre industry
Future outlook for Malaysia Data Centre market
CSF Group Malaysia Revenue from Data Centre
NTT MSC Malaysia Revenue from Data Centres
VADS Malaysia Revenue from Data Centres
AIMS Malaysia Revenue from Data Centres
Basis Bay Data Centre Malaysia Revenue
Skali Revenue from Data Centres
Trends & Developments and Issues & Challenges in Malaysia Data Centre market
Analyst Recommendation
Corporate Comm India(CCI Newswire)
