Market Snapshot
The Thailand Data Center Market is segmented by hotspot (Bangkok), 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 observed include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity, existing and upcoming submarine cables, rack space utilization, and the number of data centers by tier.
Market Overview
The Thailand Data Center Market is experiencing steady growth, driven by strong digital readiness with high penetration rates for internet usage, social media engagement, mobile connections, online shopping, and digital payments. The demand for IT load capacity and raised floor space is increasing, particularly in the cloud, telecom, and BFSI sectors.
Key Market Trends
- Increasing Number of Digital Consumers: The number of smartphone users in Thailand is expected to grow, driving demand for data centers due to high digital engagement in internet usage, social media, online shopping, and digital payments.
- Expansion of 5G Networks: Thailand has one of the highest penetration rates of 5G in the ASEAN region. Investments in 5G infrastructure by operators are enhancing data traffic and the need for data center capacity.
- Infrastructure Developments: The rising mobile internet speeds and expanding fiber infrastructure across the nation are boosting the demand for data centers to handle increased data traffic.
Competitive Landscape
The Thailand Data Center Market is moderately consolidated, with major players focusing on expanding their facilities and adopting advanced technologies. Strategic partnerships and substantial investments are driving the competitive landscape.
Major Players
- CS LOXINFO PUBLIC COMPANY LIMITED: A leading provider of data center services in Thailand, known for its extensive network and reliable services.
- NTT Ltd: A global technology services company offering a wide range of data center solutions and services in Thailand.
- STT GDC Pte Ltd: A major player in the data center market, focusing on supporting the growing demand for digital infrastructure in Thailand.
- True Internet Data Center Co. Ltd: Known for its innovative solutions and expansive data center facilities.
- United Information Highway Co. Ltd: A key player offering advanced data center services and technological solutions in Thailand.
Recent Developments
- April 2022: SUPERNAP (Thailand) signed a PPA with WHA Utilities & Power to power its hyperscale data center, aiming to reduce electricity costs and offset CO2 emissions.
- November 2021: True Internet Data Center Co., Ltd. announced plans to expand its services in Thailand and overseas, with the second phase of True IDC-East Bangna ready for service in 2022.
- September 2021: ST Telemedia Global Data Centres opened STT Bangkok 1, the first carrier-neutral hyperscale data center in Bangkok built to global standards.
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.