SINGAPORE DATA CENTER MARKET SIZE & SHARE ANALYSIS – GROWTH TRENDS & FORECASTS (2024

Market Snapshot

The Singapore Data Center Market is segmented by hotspot (East Singapore, West Singapore), data center size (large, massive, medium, mega, small), tier type (Tier 1 and 2, Tier 3, Tier 4), and absorption (non-utilized, utilized). Key data points include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and number of data centers by tier.

Market Overview

The Singapore Data Center Market is set to grow steadily, driven by the adoption of smart city projects, 5G implementation, and increased data consumption. The demand for eco-friendly data centers and regulatory changes will shape the market’s controlled expansion. The country’s strategic location and advanced infrastructure make it a key hub for data center operations in the region.

Key Market Trends

Growth in Connected Devices: The increasing number of connected devices and smart homes is boosting digital data demand and network traffic, leading to higher data center requirements.
Expansion of 5G Networks: The rapid deployment of 5G networks by operators like Singtel, in partnership with Ericsson, is driving the need for advanced data center infrastructure to support high-speed data services.
Rising Smartphone Penetration: With smartphone users expected to reach 6.21 million by 2029, the growing mobile data usage is a significant factor contributing to data center market growth.

Competitive Landscape

The Singapore Data Center Market is fragmented, with numerous players contributing to its growth. Major companies are investing in expanding their data center capacities and adopting innovative technologies to enhance their service offerings. The market is characterized by competitive strategies aimed at catering to the increasing demand for data storage and processing facilities.

Major Players

China Mobile International Ltd: A leading player providing robust data center solutions with a focus on high-speed connectivity and advanced infrastructure.
Cyxtera Technologies: Known for its extensive data center network and innovative solutions, catering to various industry needs.
Digital Realty Trust Inc.: A key player with significant investments in expanding data center capacities and enhancing service efficiency.
Equinix Inc.: Leading the market with its global data center network, offering high reliability and advanced data solutions.
Rackspace Technology Inc.: Provides comprehensive data center services with a focus on scalability and performance.

Recent Developments

AirTrunk: Completed the final phase of SGP1 data center, expanding the total capacity to over 78 MW to deploy hyperscale capacity at an unprecedented speed and scale.
Equinix Inc.: Partnered with the Centre for Energy Research & Technology (CERT) at the National University of Singapore to explore the use of hydrogen as a green fuel source for data center infrastructure.
phoenixNAP: Entered into a partnership with Pliops to deliver on-demand cloud services, enhancing performance for cloud and enterprise data centers.

Table of Content

1. INTRODUCTION

1.1. Study Assumptions & Market Definition

1.2. Scope of the Study

1.3. Research Methodology

1.3.1. Secondary Research

1.3.2. Primary Research

1.4. Executive Summary & Key Findings Report

1.5. Global Overview

1.5.1. Porter’s Five Forces Framework

1.5.2. Global Value Chain Analysis

1.5.3. Global Market Size and Drivers, Restraints, and Opportunities

2. MARKET OUTLOOK

2.1. It Load Capacity

2.2. Raised Floor Space

2.3. Colocation Revenue

2.4. Installed Racks

2.5. Rack Space Utilization

2.6. Submarine Cable

3. KEY INDICATIVE METRICS

3.1. End User Trends

3.1.1. Aerospace

3.1.2. Automotive

3.1.3. Building and Construction

3.1.4. Footwear and Leather

3.1.5. Packaging

3.1.6. Woodworking and Joinery

3.2. Regulatory Framework

3.2.1. Singapore

3.3. Value Chain & Distribution Channel Analysis

4. MARKET SEGMENTATION (INCLUDES MARKET SIZE, FORECASTS AND ANALYSIS OF GROWTH PROSPECTS)

4.1. End User Industry

4.1.1. Aerospace

4.1.2. Automotive

4.1.3. Building and Construction

4.1.4. Footwear and Leather

4.1.5. Healthcare

4.1.6. Packaging

4.1.7. Woodworking and Joinery

4.1.8. Other End-user Industries

4.2. Technology

4.2.1. Hot Melt

4.2.2. Reactive

4.2.3. Solvent-borne

4.2.4. UV Cured Adhesives

4.2.5. Water-borne

4.3. Resin

4.3.1. Acrylic

4.3.2. Cyanoacrylate

4.3.3. Epoxy

4.3.4. Polyurethane

4.3.5. Silicone

4.3.6. VAE/EVA

4.3.7. Other Resins

5. COMPETITIVE LANDSCAPE

5.1. Key Strategic Moves

5.2. Market Share Analysis

5.3. Company Landscape

5.4. Company Profiles

5.4.1. 3M

5.4.2. ALTECO co., ltd.

5.4.3. Arkema Group

5.4.4. AVERY DENNISON CORPORATION

5.4.5. Dow

5.4.6. Dymax

5.4.7. H.B. Fuller Company

5.4.8. Henkel AG & Co. KGaA

5.4.9. Huntsman International LLC

5.4.10. Sika AG

6. KEY STRATEGIC QUESTIONS FOR INDUSTRY PROFESSIONALS IN ADHESIVES MARKET

7. APPENDIX

Research Methodology

Data Collection and Analysis Methods

Datanumero’s research methodology encompasses a thorough approach aimed at ensuring accuracy and reliability in market estimation and forecasting. Our process begins with preliminary data mining, where we gather raw market data from a diverse range of validated sources. This data undergoes rigorous filtration to ensure authenticity, with inputs also drawn from reputable reports, paid databases, and our repository. Our goal is to map the complete market value chain, gathering insights from raw material suppliers, distributors, and buyers.Additionally, we delve into technical issues and trends through surveys, technical symposia, and trade journals, focusing on intellectual property perspectives such as white space and freedom of movement. Industry dynamics, including drivers, restraints, and pricing trends, are thoroughly examined. This approach ensures that our material is rich in original data, further cross-validated and authenticated with published sources for accuracy.Market estimates and forecasts are derived using sophisticated statistical models tailored to each study. These models incorporate inputs on market dynamics, technology landscapes, application development, and pricing trends. We analyze these factors comparatively, quantifying their impact using correlation, regression, and time series analysis. Our forecasting techniques combine economic tools, technological analysis, industry experience, and domain expertise.Primary validation represents the final step, involving exhaustive interviews with key industry participants. These interviews, conducted globally and across various language barriers, validate our findings and assumptions. Key industry participants include market-leading companies, raw material suppliers, product distributors, and buyers. This primary research not only ensures data accuracy but also provides critical insights into the current market scenario, business landscape, and future expectations, enhancing the quality of our reports.

Industry Analysis Approach

In our analysis, we employ both qualitative and quantitative methodologies. Qualitatively, we delve into the industry landscape, trends, market dynamics, and key issues. We explore the technology landscape and identify market opportunities for our clients. Our approach includes Porter’s analysis and PESTEL analysis to understand the competitive landscape and conduct component benchmarking.On the quantitative front, we provide market revenue estimates and forecasts up to specified timeframes, including breakdowns by technology, application, type, and component. Regional market revenue forecasts are also provided, giving clients a comprehensive view of market dynamics across different geographical areas.By integrating these methodologies, DataNumero ensures a holistic, unbiased, and accurate assessment of market trends, opportunities, and future expectations, positioning us as a professional and reliable market research partner.

SINGAPORE DATA CENTER MARKET SIZE & SHARE ANALYSIS – GROWTH TRENDS & FORECASTS (2024 – 2030)