Blockchain Press Releases
Southeast Asia Data Center Market Worth USD 14.19 Billion by 2028, Utilization of Renewable Energy to Skyrocket in the Upcoming Years – Arizton
CHICAGO, July 6, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Southeast Asia data center market will grow at a CAGR of 6.57% from 2022 to 2028.
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The Southeast Asia data center market has grown significantly, with a major contribution from countries such as Indonesia, Malaysia, and Thailand. In 2022, the moratorium on data center construction in Singapore was lifted, with the pilot phase relating to sustainable data center development currently underway. Once this phase is deemed successful, it will result in strong growth in Singapore from 2024. The region is also witnessing edge data center investments across several cities. For instance, in August 2022, Edge Centres announced the development of its EC61 (Chiang Mai) edge facility in Thailand. The company also has plans to deploy additional facilities, namely, EC63 (Khon Kaen) and EC62 (Phuket).
Southeast Asia Data Center Market Report Scope
Report Attributes |
Details |
Market Size (Investment) |
USD 14.19 Billion (2028) |
Market Size (Area) |
2,658 thousand sq. Feet (2028) |
Market Size (Power Capacity) |
597 MW (2028) |
CAGR Investment (2022-2028) |
6.57 % |
Base Year |
2022 |
Forecast Year |
2023-2028 |
Market Segmentation |
Facility Type, Infrastructure, IT Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, Tier Standards, and Geography |
Geographic Analysis |
Singapore, Indonesia, Malaysia, Thailand, Philippines, Vietnam, and Rest of Southeast Asia |
Market Dynamics |
· Increasing Adoption of Cloud-Based Services · Growing Digitalization Initiatives · Increasing Adoption of Big Data & IoT and Smart City Developments · Rise in Submarine Cable Connectivity |
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Hyperscale Development in the Southeast Asia Data Center Market
In Southeast Asia, countries such as Singapore, Indonesia, and Thailand are some of the leading markets for hyperscale data center development. In 2022, the investments for hyperscale data centers were witnessed in Singapore from operators such as Microsoft, Facebook, Google, and AWS, whose projects were under construction or announced recently. Moreover, due to land shortage in Singapore, high-capacity hyperscale investment in the country may slow down temporarily. Countries such as Vietnam, the Philippines, and Cambodia are also expected to witness investments from hyperscale operators in the upcoming years. Most hyperscale operators in Southeast Asia, such as Facebook, AWS, and Microsoft, are adopting renewable energy in their data centers. The governments of various countries are also putting efforts to improve sustainability and attract investments from global data center investments.
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Post-Purchase Benefit
- 1hr of free analyst discussion
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Market Segmentation Analysis
- Regarding IT infrastructure, the Southeast Asia data center market is expected to shift majorly towards adopting blade servers, switches with a capacity of over 40GbE, and flash storage devices.
- The mechanical infrastructure segment is dominated by investments in cooling systems, with a major focus on water-based cooling systems due to the region’s tropical climate. Regarding rack infrastructure, the Southeast Asia data center market is witnessing the adoption of racks with a height of around 42U.
- The electrical infrastructure segment is witnessing an increased interest among facilities to procure UPS systems of more than 750 kVA. The adoption of diesel generators majorly dominates the market. Still, with growing needs for sustainability and increasing innovations in generator fuel type, the market is expected to shift from diesel generators to sustainable fuel sources in coming years.
- The Southeast Asia data center market is witnessing greenfield construction across multiple countries, such as Malaysia, Indonesia, Thailand, and others, with ample industrial land for development.
Key Questions Answered in the Report:
- How big is the Southeast Asia data center market?
- What is the growth rate of the Southeast Asia data center market?
- What is the estimated market size in terms of area in the Southeast Asia data center market by 2028?
- What are the key trends in the Southeast Asia data center market?
- How many MW of power capacity is expected to reach the Southeast Asia data center market by 2028?
WHY SHOULD YOU BUY THE REPORT?
- To enhance the credibility of your strategies.
- To refine your business plan & growth.
- To have an analysis of competitors’ performance.
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Market Segmentation
Facility Type
- Hyperscale Data Centers
- Colocation Data Centers
- Enterprise Data Centers
Infrastructure
- IT Infrastructure
- Electrical Infrastructure
- Mechanical Infrastructure
- General Construction
IT Infrastructure
- Server Infrastructure
- Storage Infrastructure
- Network Infrastructure
Electrical Infrastructure
- UPS Systems
- Generators
- Transfer Switches & Switchgear
- Power Distribution Units
- Other Electrical Infrastructure
Mechanical Infrastructure
- Cooling Systems
- Racks
- Other Mechanical Infrastructure
Cooling Systems
- CRAC & CRAH Units
- Chiller Units
- Cooling Towers, Condensers, and Dry Coolers
- Other Cooling Units
Cooling Techniques
- Air-based Cooling Technique
- Liquid-based Cooling Technique
General Construction
- Core & Shell Development
- Installation & Commissioning Services
- Building & Engineering Design
- Physical Security
- Fire Detection & Suppression Systems
- DCIM/BMS Solutions
Tier Standard
- Tier I & II
- Tier III
- Tier IV
Geography
- Singapore
- Indonesia
- Malaysia
- Thailand
- Philippines
- Vietnam
- Rest of Southeast Asia
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Table of Content
ABOUT ARIZTON
ABOUT OUR DATA CENTER CAPABILITIES
WHAT’S INCLUDED
SEGMENTS INCLUDED
RESEARCH METHODOLOGY
MARKET AT GLANCE
PREMIUM INSIGHTS
INVESTMENT OPPORTUNITIES
- INVESTMENT: MARKET SIZE & FORECAST
- AREA: MARKET SIZE & FORECAST
- POWER CAPACITY: MARKET SIZE & FORECAST
MARKET DYNAMICS
- MARKET OPPORTUNITIES & TRENDS
- MARKET GROWTH ENABLERS
- MARKET RESTRAINTS
- SITE SELECTION CRITERIA
FACILITY TYPE SEGMENTATION
- HYPERSCALE DATA CENTERS
- COLOCATION DATA CENTERS
- ENTERPRISE DATA CENTERS
INFRASTRUCTURE SEGMENTATION
- IT INFRASTRUCTURE
- ELECTRICAL INFRASTRUCTURE
- MECHANICAL INFRASTRUCTURE
- COOLING SYSTEMS
- COOLING TECHNIQUES
- GENERAL CONSTRUCTION
TIER STANDARDS SEGMENTATION
GEOGRAPHY SEGMENTATION
SOUTHEAST ASIA
- MARKET SNAPSHOT & KEY HIGHLIGHTS
- DATA CENTER MARKET BY INVESTMENT
- DATA CENTER MARKET BY INFRASTRUCTURE
- DATA CENTER MARKET BY AREA
- DATA CENTER MARKET BY POWER CAPACITY
- DATA CENTER MARKET BY SUPPORT INFRASTRUCTURE
- DATA CENTER MARKET BY IT INFRASTRUCTURE
SINGAPORE
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY FTZS & LAND PRICING
- MARKET BY AREA
- RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
INDONESIA
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY FTZS & INVESTMENT COST
- MARKET BY AREA
- RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
MALAYSIA
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY FTZS, AREA DEVELOPMENT & LAND PRICING
- MARKET BY AREA
- POWER PRICING & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
THAILAND
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY LAND PRICING & AREA DEVELOPMENT
- MARKET BY AREA
- POWER PRICING & POWER ADDITION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
PHILIPPINES
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY FTZS & HIGHLIGHTS
- MARKET BY AREA
- POWER PRICING & RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
VIETNAM
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY FTZS & LAND PRICING
- MARKET BY AREA
- RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
REST OF SOUTHEAST ASIA
- KEY INVESTORS & INVESTMENTS
- MARKET BY INVESTMENT
- KEY AREA DEVELOPMENT
- MARKET BY AREA
- RENEWABLE ENERGY ADOPTION
- MARKET BY POWER CAPACITY
- KEY SUPPORT INFRASTRUCTURE ADOPTION
- MARKET BY INFRASTRUCTURE
MARKET PARTICIPANTS
- IT INFRASTRUCTURE PROVIDERS
- SUPPORT INFRASTRUCTURE PROVIDERS
- DATA CENTER CONTRACTORS & SUBCONTRACTORS
- DATA CENTER INVESTORS
- NEW ENTRANTS
QUANTITATIVE SUMMARY
APPENDIX
- ABBREVIATIONS
- DEFINITIONS
- SEGMENTAL COVERAGE
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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Blockchain
Binance Announces Adjustment of Tick Size for Spot Trading Pairs
Binance, a leading cryptocurrency exchange, has announced adjustments to the tick size (the minimum change in the unit price) of specific spot trading pairs. These adjustments are aimed at enhancing market liquidity and improving the overall trading experience for users. The changes are scheduled to be completed by 05:00 (UTC) and 07:00 (UTC) on May 23, 2024.
Traders can find details about the tick sizes of all spot trading pairs on Binance in the platform’s Trading Rules. Importantly, the adjustment will not impact spot trading and related functionalities. API users will also observe changes in the tick size, and they can stay updated with the latest tick size using the GET /api/v3/exchangeInfo endpoint. Additional details and updates can be found in the API Changelog.
Existing spot orders will not be affected by the tick size update. Orders placed before the update will continue to be matched with the original tick size. However, traders are advised to adjust their trading strategies accordingly to avoid any unnecessary impact on their trading activities.
Binance emphasizes the importance of referencing the English version of the announcement for the most accurate and up-to-date information, as there may be discrepancies in translated versions. The exchange remains committed to providing a seamless trading experience and appreciates the support of its users. Users are reminded to exercise caution and make informed decisions when trading on the platform.
Source: blockchain.news
The post Binance Announces Adjustment of Tick Size for Spot Trading Pairs appeared first on HIPTHER Alerts.
Blockchain
OKX Announces Support for New USDC Spot Trading Pairs
According to an official announcement released on May 16, 2024, OKX will introduce new USDC trading pairs in the spot trading section between 7:00 am and 8:00 am UTC on May 20, 2024. This addition aims to broaden trading options for OKX users and contribute to the expanding USDC ecosystem.
In light of the risks associated with digital asset trading, OKX has issued a cautionary note to all users. They emphasize that information provided by OKX and third parties is for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information and does not provide financial, investment, or other forms of advice.
OKX highlights the speculative nature and high volatility of digital assets, cautioning that they may become illiquid at any time, potentially resulting in the loss of the entire investment. Therefore, OKX advises users to conduct thorough research and assess their risk tolerance before engaging in digital asset trading.
For inquiries regarding the new USDC spot trading pairs or any other concerns, users can contact OKX through their support center or engage with the OKX team on various platforms. OKX’s proactive approach in addressing user inquiries and fostering community interaction underscores its commitment to user satisfaction and the overall growth of the crypto ecosystem.
Source: blockchain.news
The post OKX Announces Support for New USDC Spot Trading Pairs appeared first on HIPTHER Alerts.
Blockchain
ShibaSwap rolls out major upgrade, moves to Shibarium
ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu ecosystem, has announced a significant upgrade by migrating to the Shibarium blockchain. This move is expected to introduce a range of new utilities for users, as stated in a recent press release.
The upgrade includes features such as a revamped dashboard, enhanced user experience, discovery charts for trending tokens, and an improved process for onboarding new tokens onto the DEX.
Lead developer Shytoshi Kusama expressed enthusiasm for the upgrade, highlighting its potential to empower DEFI innovators and facilitate community token interaction on Shibarium. Kusama also invited the community to explore the new swap and encouraged existing Shibarium tokens to transition to the platform seamlessly, while assuring that further updates are in the pipeline.
A portion of transaction fees will be utilized to enhance liquidity pool (LP) value in swap transactions, benefiting users and the yield farming community, according to the press release.
The upgrade rollout will prioritize enhancing discovery and can be expected to include more regular updates and upgrades, as noted by fellow developer and contributor Kaal.
The upgrade aims to minimize gas fees and ensure faster transactions, in addition to supporting various segments of the Shiba Inu Ecosystem, including $SHIB and $LEASH tokens, SHEboshis DN-404 tokens, SHIB The Metaverse, ShibaSwap DEX, and the Shiba Eternity game.
Shibarium’s layer 2 mainnet, launched in August 2023, saw the creation of 21 million wallets and was trialed by millions of users. It introduced a new consensus mechanism called proof-of-participation (PoP), which selects validators based on their holdings of the associated cryptocurrency.
As of the latest data, the price of SHIB stands at $0.0002548, reflecting an almost 7% increase in the last 24 hours, with SHIB being the 11th largest in terms of market cap, according to CoinMarketCap.
Source: cointelegraph.com
The post ShibaSwap rolls out major upgrade, moves to Shibarium appeared first on HIPTHER Alerts.
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