Blockchain Press Releases
Central Asia Data Center Market to Reach USD 179.7 Million by 2028, More than 147.6 thousand Sq.Ft Spaces to be Added in the Next 6 Years – Arizton
CHICAGO, July 20, 2023 /PRNewswire/ — According to Arizton’s latest research report, the Central Asia data center market will grow at a CAGR of 18.47% during 2022-2028.
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Kazakhstan, Armenia, Uzbekistan, and Azerbaijan are Central Asia’s main destinations for data center developments. Free trade zones and industrial parks will likely drive the region’s data center market. Economic zones and free trade zones offer several incentives that attract investors to invest in the market, increasing the economy’s growth. The government provides tax exemptions for data centers built in free trade zones and industrial parks. The availability of ample land and governmental support will likely propel the data center operators to develop regional data centers.
Governments in the region are continuously taking initiatives to support the digital economy and industrial growth. They are also offering tax incentives for the development of industrial land. Several smart city initiatives are taking place in the region, which will aid the region’s development. Governments are joining hands with various service providers and infrastructure vendors to help build smart cities. Such initiatives from government bodies will increase business opportunities and foreign direct investments, thereby boosting the development of data center facilities across Central Asia.
Central Asia Data Center Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2028) |
USD 179.7 Million |
|
Market Size (2022) |
USD 65 Million |
|
CAGR by Revenue (2022-2028) |
18.47 % |
|
Market Size – Area (2028) |
147.6 Thousand Square Feet |
|
Power Capacity (2028) |
21.60 MW |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
Market Segmentation |
Infrastructure Investment and Geography |
|
Geographic Analysis |
Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan, and Uzbekistan |
|
Market Dynamics |
· Increase in Data Center Investments · Adoption of Cloud-Based Services · IoT and Big Data to Drive Demand for Data Center Facilities |
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Market Trends
Improvement in Inland and Network Connectivity Investments in submarine cables in Central Asia are limited because all countries are landlocked and surrounded by each other. However, Georgia is the only country in the region with submarine connectivity, with two operational submarine cables connecting the country with Bulgaria and Russia.
The government and enterprises in various countries have continuously been strengthening fiber infrastructure for better connectivity with other countries over the years. Several telecommunication providers are investing in improving network connectivity within the country. In January 2023, Uzbektelecom, a telecom company based in Uzbekistan, signed a new contract with NEC, Internet Initiative Japan (IIJ), Toyota Tsusho Corporation, and NTT Communications to supply the equipment for expanding their telecom networks and connectivity across the country.
The Increase in Data Center Investments The Central Asia data center market reels under the undersaturation phase, which will likely pace up in the upcoming 2–3 years owing to increased social & internet penetration and digitalization across the region. DataDome, a construction company, announced its plan to develop a new facility in Bishkek, Kyrgyzstan, for DataTime. The facility will host around 100 rack cabinets with a power capacity of 500 kW.
Kazteleport, an IT company based in Kazakhstan, announced its plan to develop a new data center facility in Uzbekistan.
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Investors in the Central Asia Data Center Market
- The Central Asia data center market is dominated by telecom operators, which are expanding their operations by building additional data centers across the region.
- A few colocation operators are entering the market. Colocation companies will likely face competition from local and telecom operators.
- The application of 5G services across the region will boost the demand for data centers and is likely to witness the deployment of edge data center facilities across the region.
- Governments are also making significant efforts to improve network connectivity by installing 5G network services and IoT solutions to attract foreign direct investments into the Central Asia data center market.
- Operators are also focusing on the sustainability of data centers, where operators can procure renewable energy sources in partnership with local power utility providers, which could increase the demand for renewable energy over the next few years.
Market Segmentation
Infrastructure Investment
- UPS Systems
- Cooling Systems
- Racks
- Power Distribution Units (PDUs)
- Investment in Other Accessories
Geography
- Armenia
- Azerbaijan
- Georgia
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
Vendor Landscape
Prominent Infrastructure Providers
- ABB
- Caterpillar
- Cummins
- Eaton
- Hewlett Packard Enterprise (HPE)
- Huawei Technologies
- Legrand
- Mitsubishi Corporation
- Rittal
- Schneider Electric
- STULZ
- Vertiv
Other Infrastructure Providers
- Alfa Laval
- Assa Abloy
- Carrier
- Condair
- Generac Power Systems
- Johnson Controls
- Panduit
- Piller Power Systems
- Riello UPS
- Siemens
- Socomec
- Trane (Ingersoll Rand)
Construction Contractors & Subcontractors
- AECOM
- Arup
- DataDome
- Fluor Corporation
- KKCG Group
- Tetra Tech
Data Center Investors
- AzInTelecom
- DataPro
- Kazteleport
- QazCloud
- Rostelecom
- Transtelecom
- Uzbektelecom
Key Questions Answered in the Report:
- How big is the Central Asia data center market?
- What is the growth rate of the Central Asia data center market?
- What is the estimated market size in terms of area in the Central Asia data center market by 2028?
- What are the key trends in the Central Asia data center market?
- How many MW of power capacity is expected to reach the Central Asia data center market by 2028?
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.4 MARKET SEGMENTS
4.4.1 MARKET SEGMENTATION BY INFRASTRUCTURE
4.4.2 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 INTRODUCTION
7.1 INTERNET & DATA GROWTH
7.2 DATA CENTER SITE SELECTION CRITERIA
7.2.1 KEY
7.3 GOVERNMENT REGULATIONS
8 MARKET GROWTH ENABLERS
8.1 INCREASE IN DATA CENTER INVESTMENTS
8.2 ADOPTION OF CLOUD-BASED SERVICES
8.3 IOT AND BIG DATA TO DRIVE DEMAND FOR DATA CENTER FACILITIES
9 MARKET TRENDS & OPPORTUNITIES
9.1 5G DEPLOYMENT TO BOOST EDGE DATA CENTER DEVELOPMENT
9.2 IMPROVEMENT IN INLAND AND NETWORK CONNECTIVITY
10 MARKET RESTRAINTS
10.1 SITE SELECTION AND LOCATION CONSTRAINTS
10.2 LOW BUDGET AND INVESTMENT CONSTRAINTS
10.3 SUPPLY CHAIN DISRUPTIONS
11 MARKET LANDSCAPE
11.1 INVESTMENT: MARKET SIZE & FORECAST
11.2 AREA: MARKET SIZE & FORECAST
11.3 POWER CAPACITY: MARKET SIZE & FORECAST
12 INFRASTRUCTURE INVESTMENT
12.1 UPS SYSTEMS: INVESTMENT: MARKET SIZE & FORECAST
12.2 COOLING SYSTEMS: INVESTMENT: MARKET SIZE & FORECAST
12.3 RACKS: INVESTMENT: MARKET SIZE & FORECAST
12.4 POWER DISTRIBUTION UNITS (PDUS): INVESTMENT: MARKET SIZE & FORECAST
12.5 INVESTMENT IN OTHER ACCESSORIES: MARKET SIZE & FORECAST
13 ARMENIA
13.1 INVESTMENT: MARKET SIZE & FORECAST
13.2 AREA: MARKET SIZE & FORECAST
13.3 POWER CAPACITY: MARKET SIZE & FORECAST
14 AZERBAIJAN
14.1 INVESTMENT: MARKET SIZE & FORECAST
14.2 AREA: MARKET SIZE & FORECAST
14.3 POWER CAPACITY: MARKET SIZE & FORECAST
15 GEORGIA
15.1 INVESTMENT: MARKET SIZE & FORECAST
15.2 AREA: MARKET SIZE & FORECAST
15.3 POWER CAPACITY: MARKET SIZE & FORECAST
16 KAZAKHSTAN
16.1 INVESTMENT: MARKET SIZE & FORECAST
16.2 AREA: MARKET SIZE & FORECAST
16.3 POWER CAPACITY: MARKET SIZE & FORECAST
17 KYRGYZSTAN
17.1 INVESTMENT: MARKET SIZE & FORECAST
17.2 AREA: MARKET SIZE & FORECAST
17.3 POWER CAPACITY: MARKET SIZE & FORECAST
18 MONGOLIA
18.1 INVESTMENT: MARKET SIZE & FORECAST
18.2 AREA: MARKET SIZE & FORECAST
18.3 POWER CAPACITY: MARKET SIZE & FORECAST
19 TAJIKISTAN
19.1 INVESTMENT: MARKET SIZE & FORECAST
19.2 AREA: MARKET SIZE & FORECAST
19.3 POWER CAPACITY: MARKET SIZE & FORECAST
20 TURKMENISTAN
20.1 INVESTMENT: MARKET SIZE & FORECAST
20.2 AREA: MARKET SIZE & FORECAST
20.3 POWER CAPACITY: MARKET SIZE & FORECAST
21 UZBEKISTAN
21.1 INVESTMENT: MARKET SIZE & FORECAST
21.2 AREA: MARKET SIZE & FORECAST
21.3 POWER CAPACITY: MARKET SIZE & FORECAST
22 COMPETITIVE LANDSCAPE
22.1 INFRASTRUCTURE PROVIDERS
22.2 CONSTRUCTION CONTRACTORS AND SUBCONTRACTORS
22.3 DATA CENTER INVESTORS
23 PROMINENT INFRASTRUCTURE PROVIDERS
23.1 ABB
23.2 CATERPILLAR
23.3 CUMMINS
23.4 EATON
23.5 HEWLETT PACKARD ENTERPRISE (HPE)
23.6 HUAWEI TECHNOLOGIES
23.7 LEGRAND
23.8 MITSUBISHI CORPORATION
23.9 RITTAL
23.10 SCHNEIDER ELECTRIC
23.11 STULZ
23.12 VERTIV
24 OTHER INFRASTRUCTURE PROVIDERS
24.1 ALFA LAVAL
24.2 ASSA ABLOY
24.3 CARRIER
24.4 CONDAIR
24.5 GENERAC POWER SYSTEMS
24.6 JOHNSON CONTROLS
24.7 PANDUIT
24.8 PILLER POWER SYSTEMS
24.9 RIELLO UPS
24.10 SIEMENS
24.11 SOCOMEC
24.12 TRANE (INGERSOLL RAND)
25 CONSTRUCTION CONTRACTORS & SUBCONTRACTORS
25.1 AECOM
25.2 ARUP
25.3 DATADOME
25.4 FLUOR CORPORATION
25.5 KKCG GROUP
25.6 TETRA TECH
26 DATA CENTER INVESTORS
26.1 AZINTELECOM
26.2 DATAPRO
26.3 KAZTELEPORT
26.4 QAZCLOUD
26.5 ROSTELECOM
26.6 TRANSTELECOM
26.7 UZBEKTELECOM
27 REPORT SUMMARY
27.1 KEY TAKEAWAYS
28 QUANTITATIVE SUMMARY
28.1 CENTRAL ASIA DATA CENTER MARKET
28.1.1 MARKET SIZE & FORECAST
28.1.2 SEGMENTATION: MARKET SIZE & FORECAST
28.2 MARKET BY GEOGRPAHY
28.2.1 INVESTMENT: MARKET SIZE & FORECAST
28.2.2 AREA: MARKET SIZE & FORECAST
28.2.3 POWER CAPACITY: MARKET SIZE & FORECAST
28.3 ARMENIA
28.3.1 MARKET SIZE & FORECAST
28.4 AZERBAIJAN
28.4.1 MARKET SIZE & FORECAST
28.5 GEORGIA
28.5.1 MARKET SIZE & FORECAST
28.6 KAZAKHSTAN
28.6.1 MARKET SIZE & FORECAST
28.7 KYRGYZSTAN
28.7.1 MARKET SIZE & FORECAST
28.8 MONGOLIA
28.8.1 MARKET SIZE & FORECAST
28.9 TAJIKISTAN
28.9.1 MARKET SIZE & FORECAST
28.10 TURKMENISTAN
28.10.1 MARKET SIZE & FORECAST
28.11 UZBEKISTAN
28.11.1 MARKET SIZE & FORECAST
29 APPENDIX
29.1 ABBREVIATIONS
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Blockchain Press Releases
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:
On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.
Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.
If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:
Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423
[email protected]
[email protected]
Blockchain Press Releases
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
DUBAI, UAE, Jan. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized as the second most popular cryptocurrency exchange globally, according to the latest report from CryptoQuant. The “2024 Crypto Survey: Exchange Use and Investor Behavior” underscores Bybit’s unmatched appeal to professional traders, commitment to security, and innovative offerings that cater to a diverse, global user base.
Bybit’s platform has become a hub for full-time traders, with 52% of surveyed users identifying as professionals—outperforming rivals OKX (38%) and Binance (37%). This success is supported by initiatives like the Bybit Broker Program, which has onboarded over 700 new clients in 2024, raising the total to 1,500 institutional clients. Additionally, Bybit’s Unified Trading Account (UTA) simplifies trading by centralizing spot, futures, and options activities in one seamless interface. Supporting over 70 cryptocurrencies as collateral, this system empowers traders to maximize their capital efficiency by using unrealized profits as margin across various products. UTA’s role in managing 99% of the platform’s trading volume showcases its importance to Bybit’s ecosystem.
Furthermore, Bybit’s integration of MetaTrader 5 allows users to diversify into traditional markets, such as Gold and FX, using USDT, marking another step forward in meeting the needs of professional traders.
Bybit’s global popularity spans regions including Africa, South America, the Middle East, Asia, Europe, and Oceania, where it maintains a dominant presence. Even as the exchange strategically exits certain jurisdictions to comply with regulatory requirements, Bybit’s adherence to a compliance-first approach ensures sustainable growth in markets with clear regulatory frameworks. This adaptability has strengthened Bybit’s position as a trusted and reliable global platform.
The report also acknowledges Bybit’s excellence in security, customer service, and P2P trading, where it ranks as the third-best exchange globally. These accolades reflect Bybit’s dedication to delivering a secure, user-focused experience that builds trust and loyalty within its growing community.
Joan Han, Sales & Marketing Director at Bybit, shared:
“This achievement reflects our team’s unwavering dedication and commitment to delivering a world-class trading experience. We actively listen to our clients’ requests and continuously improve our tools to ensure a smoother trading journey. Our ability to adapt and thrive in diverse markets speaks to the strength of our vision and our focus on fostering a secure, accessible, and professional crypto ecosystem. As we continue to innovate and grow, we remain dedicated to empowering traders worldwide with the tools and trust they need to succeed.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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TOKYO, Jan. 17, 2025 /PRNewswire/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf.
Golfin’s Key Highlights at Web3 Hub Davos 2025:
- Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025, from 17:53 to 18:03 local time.
- Innovative Technology Integration: Golfin’s combination of NFTs and GPS technology allows players to create a seamless link between real-world and digital golf experiences.
- Industry Impact: Golfin aims to modernize the golf industry while addressing global economic disparities by building ecosystem that merges sports, entertainment, and blockchain technology
- Global Partnerships: Golfin has formed strategic partnerships with leading organizations, including the ZOZO Championship and Seibu Group, to expand its reach and integrate real-world golf experiences with digital rewards.
Golfin’s Approach to Web3 Golf:
Enhancing Golf Through Innovation: Golfin revolutionizes the golf experience by allowing players to earn points through real-world gameplay on verified golf courses. These points can be used to enhance their digital gameplay, creating a seamless connection between physical activity and in-game progression. Additionally, players can collect exclusive in-game items and trade NFTs, adding value and depth to both their golfing and gaming experiences.
Vision for the Future:
Golfin is committed to transforming the traditional golf industry by integrating Web3 technology to create a more immersive and accessible golfing experience. By fostering strategic partnerships and engaging global decision-makers, Golfin plans to expand its ecosystem and drive innovation in both the sports and blockchain sectors.
About Golfin GPS: The Golfin GPS app connects real golf with digital gameplay. Players earn points while playing at certified golf courses.
For More Information: golfin.io & web3hubdavos.com .
Join the Movement: Stay updated and join Golfin’s Web3 revolution by visiting the official website or following on Twitter (JP), Twitter (Global), Discord, Instagram, & Linktree.
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