Singapore Data Center Market by Infrastructure (Hardware, Software, and Others), by Type (Enterprise Data Centers, and others), by Data Center Rating (Tier I, and others), by Size (Small Data Centers, and others), by Server Rack Density (<10kW, and others), by Data Center Redundancy (N+1, and others), by PUE Outlook (Less than 1.2, and others), by Design Outlook (Traditional, and others), and by End User (Cloud Service Provider, and others)- Opportunity Analysis and Industry Forecast, 2024–2030
Industry: ICT & Media | Publish Date: 18-Jul-2025 | No of Pages: 173 | No. of Tables: 158 | No. of Figures: 103 | Format: PDF | Report Code : IC2443
Singapore Data Center Market Overview
The Singapore Data Center Market size was valued at USD 1.20 billion in 2023, and is predicted to reach USD 3.73 billion by 2030, at a CAGR of 17.6% from 2024 to 2030.
The data center market, also known as the network infrastructure market, covers the entire lifecycle of specialized infrastructure for hosting computing systems, from initial planning and construction to ongoing operation and maintenance. This market includes a variety of components such as servers, storage systems, and networking equipment, that together provide services such as cloud computing and connectivity solutions. Currently, the industry is experiencing widespread adoption of cloud services and the rise of edge computing aimed at reducing latency.
Key trends shaping the market include a strong emphasis on sustainability, increased cybersecurity concerns, the integration of hybrid and multi-cloud approaches, and the growing influence of 5G networks. These trends highlight the industry's proactive efforts to meet the rising demand for scalable, efficient, and secure data processing and storage solutions amid the ongoing digital transformation. According to projections by the United States International Trade Commission, the data processing and storage market is expected to grow from USD 56 billion in 2020 to USD 90 billion by 2025.
Capacity Growth Through Green Initiatives
Singapore’s push for ultra-efficient data centre capacity has been turbo-charged by the 2021 Green Data Centre Roadmap and the Broadband Connectivity Blueprint. Under these frameworks, developers must meet stringent PUE and water-use benchmarks, while the Green Mark Incentive Scheme now offsets certification costs and rewards designs targeting sub-1.3 PUE. At the same time, the Energy Efficiency Fund and Green Tech Loan Scheme have de-risked investments in next-generation chillers, free-cooling loops and resilient UPS systems, accelerating both new builds and retrofits.
Talent & Edge Ecosystem Expansion
Singapore’s Smart Nation agenda—anchored by AI Singapore and the TechSkills Accelerator—has created a growing pool of AI/ML-savvy engineers, directly lifting demand for low-latency compute platforms. Parallel 5G rollouts and the rise of industry-specific edge nodes in maritime, healthcare and logistics are further driving the need for micro-data centres closer to end-users.
Cloud Adoption & Digital Transformation
Hyperscale players (AWS, Google Cloud, Microsoft Azure) continue to roll out multi-megawatt campuses, leveraging their green pledges to win enterprise business. Meanwhile, accelerated digitalisation across finance, biotech and advanced manufacturing is prompting a hybrid mix of on-premises infrastructure and colocation, sustaining appetite for additional rack space.
Moratorium Impostion And Land Access Limitations
Although the moratorium on new data centre developments was lifted in 2022, Singapore continues to tightly manage capacity growth through a quota-based allocation model. This limited release of available IT load, combined with challenges in acquiring suitable land, particularly in urban districts, has restricted the ability of both new entrants and existing operators to scale quickly. The highly selective approval process, while aligned with sustainability targets, has created barriers for firms seeking rapid deployment of large-scale infrastructure.
Decarbonisation Incentives And Green Equipment Subsidies
Singapore’s commitment to net-zero targets is opening new opportunities for data centre operators to invest in sustainable technologies. Recent government grant schemes offer co-funding for energy-efficient equipment and systems, allowing both SMEs and larger enterprises to improve power and water usage metrics. With stronger standards for green buildings and broader support for retrofitting and upgrading older facilities, operators can unlock additional capacity while aligning with evolving environmental regulations and market expectations.
Competitive Landscape
The key market players operating in the Singapore data center industry include Equinix, Singtel, Digital Realty, Microsoft Azure, ST Telemedia GDC, Keppel Data Centres, NTT, Global Switch, Princeton Digital Group, AirTrunk, PhoenixNAP, Empyrion DC, Iron Mountain, Rackspace Technology, YTL Data Center Holdings, and others.
Singapore Data Center Market Key Segments
By Infrastructure
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Hardware
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IT Hardware
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Servers
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Storage Systems
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Networking Equipment
-
-
Power Infrastructure Hardware
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Uninterruptible Power Supplies (UPS)
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Generators
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Automatic Transfer Switches
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Power Distribution Units (PDUs)
-
-
Mechanical Infrastructure Hardware
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Computer-Room Air Conditioners (CRAC/CRA Units)
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Chillers
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Racks
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Cable Management Systems
-
-
Safety & Security Hardware
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Fire Suppression Systems
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Physical Security Systems (CCTV, access controls)
-
-
-
Software
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DCIM & Monitoring
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Automation & Orchestration
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Backup & Disaster Recovery
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Security Software
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Virtualization Software
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Analytics & Reporting Software
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Other Software
-
-
Services
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Planning & Professional Services
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Site & Building Design
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System/Infrastructure Engineering
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Professional Advisory (compliance, energy audits)
-
-
Integration & Deployment Services
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Electrical & Mechanical Installation
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Commissioning & Acceptance Testing
-
-
Operation & Support Services
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Preventive & Corrective Maintenance
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Facilities Management / Remote Monitoring
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Support Services (helpdesk, onsite SLA support)
-
-
Hosting & Managed Services
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Colocation & Cloud Hosting Services
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Virtual/Private Hosting Platforms
-
-
By Type
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Enterprise Data Centers
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Colocation Data Centers
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Cloud Data Centers
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Hyperscale Data Centers
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Edge Data Centers
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Micro Data Centers
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Others
By Data Center Rating
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Tier I
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Tier II
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Tier III
-
Tier IV
By Size
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Small Data Centers
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Med-sized Data Centers
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Large Data Centers
By Server Rack Density
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<10kW
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10-19kW
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20-29kW
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30-39kW
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40-49kW
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>50kW
By Data Center Redundancy
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N+1
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2N
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N+2
-
N
By PUE Outlook
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Less than 1.2
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1.2 - 1.5
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1.5 - 2.0
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Greater than 2.0
By Design Outlook
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Traditional
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Containerized
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Modular
By End User
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Cloud Service Provider
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Technology Provider
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Telecom
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Healthcare
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BFSI
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Retail & E-commerce
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Entertainment & Media
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Government
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Energy
-
Others
Key Players
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Equinix
-
Singtel
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Digital Realty
-
Microsoft Azure
-
ST Telemedia GDC
-
Keppel Data Centres
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NTT
-
Global Switch
-
Princeton Digital Group
-
AirTrunk
-
PhoenixNAP
-
Empyrion DC
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Iron Mountain
-
Rackspace Technology
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YTL Data Center Holdings
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2023 |
USD 1.20 Billion |
|
Revenue Forecast in 2030 |
USD 3.73 Billion |
|
Growth Rate |
CAGR of 17.6% from 2024 to 2030 |
|
Analysis Period |
2023–2030 |
|
Base Year Considered |
2023 |
|
Forecast Period |
2024–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Growth Factors |
|
|
Companies Profiled |
15 |
|
Market Share |
Available for 10 companies |
|
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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