As per the report released by Knight Frank, Indian cities such as Hyderabad, Chennai, and New Delhi, have emerged as three of the top data centre markets in the Asia-Pacific (APAC) region. the report shows that the data centre industry in India has been on a high growth trajectory, partly compelled by government policies, including easier access to credit and other incentives for the purpose of boosting data centre investment.
- Fred Fitzalan Howard, data centre lead, APAC, Knight Frank, said – “The insight from our latest report reinforces APAC’s position as the most exciting market in the global data centre industry. More businesses are speeding up their digital transformations, and the demand for cloud services and lower latency has proliferated, resulting in cloud providers sourcing colocation and self-build facilities in previously overlooked cities. As these secondary cities continue to establish themselves as data centre locations, opportunities will continue to arise across the mergers and acquisitions (M&A) and development space.”
- James Murphy, managing director for APAC, DC Byte, said – “Previously the Asia Pacific region was dominated by a handful of ‘tier 1’ markets. This is no longer the case as the trend for decentralisation has seen both hyperscalers and data centre operators move to new markets. The latest report highlights these new markets which we expect to continue to grow in parallel with some of the region’s more established hubs.”
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