Global Market Research Reports : Ken Research: Philippines Data Center Sector

Showing posts with label Philippines Data Center Sector. Show all posts

Wednesday, March 29, 2023

Philippines Data Center Market is expected to generate USD ~ 600 Mn by 2027F: Ken Research

Philippines Data Center Market is at growing stage and has moderately concentrated market. There are approximately 10 players in market with ePLDT having strong base in terms of both white space area and total number of racks. Players are competing on the basis of number of data centers, data center capacity, uptime SLA, data security, client base, network and connectivity.

Key Findings

The emergence of 5G and 6G technology in the Philippines is likely to grow the adoption of IOT-enabled products in the market.

Telecom and IT department are anticipated to acquire more data centers as these provide reliable and fast communications to customers and stay ahead of technology advancements.

The rising demand for decreased latency in data transfers and improved connectivity amid the increasing adoption of smart devices is likely to boost the demand for retail colocation data centers.

5G and 6G technology: The 5G and 6G technology will push the adoption of IoT-enabled products in the Philippines market. The market for big data and IOT is still in the nascent stage of growth. However, it has huge potential to be the strongest driver for Cloud Services Data Centre investments in the Philippines market.

Emergence of new business models: New Business models are likely to emerge including colocation services, pay-per-use utility model, built to suit, etc. Location and design, easy scalability, security, infrastructure, sustainable practices and reliable partner are the key determinants for Cloud Services and Data Centre demand.

Increasing Demand from End-Users: Telecom and IT department are anticipated to acquire more data centers as these provide reliable and fast communications to customers and stay ahead of technology advancements. Hence, they will require more data centers in near future. Also, Digital and instant payments and the demand for domestic data storages will drive the BFSI share.

Government’s push to digitize processes and emergence of green data centers: Executive Order (EO) 170 mandates the use of digital payment systems by government agencies. This will be critical in streamlining administration and attracting more foreign investment to the Philippines. In addition, firms looking for hubs with abundant renewable energy sources will find the Philippines appealing. The government's National Renewable Energy Program (NREP), which aims to increase renewable energy's share of total power generation to more than 35% by 2030 and 50% by 2040 is expected to entice data center operators concerned with sustainability.

Analysts at Ken Research in their latest publication “Philippines Data Center Market Outlook to 2027F- Driven by investment from the global players and the transition from colocation to hyperscale with high internet penetration” observed that data center market in Philippines is at growing stage. The formulation of supportive government policies and increasing e-commerce, supportive cloud first policy along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 13.1% CAGR during 2022-2027F.

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Key Segments Covered in the Report: –

Philippines Data Center Market

By Vertical

Co-Location
Managed
Hyperscale

By Co-Location

Retail
Wholesale

By Type of End User

Telecom and IT
BFSI
Government
E-Commerce
Healthcare
Others

By Major Cities

Greater Metro Manila
Luzon
Visayas
Other Regions

Key Target Audience:

Data Center Companies
Cloud Providers (Domestic and Global)
Managed Data Center Companies
Co-Location Data Center Companies
Private Equity and Venture Capitalist
Industry Associations
Data Center Constructors
Technology Providers

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Time Period Captured in the Report:

Historical Period: 2018-2022
Base Year: 2022
Forecast Period: 2022-2027F

Companies Covered:

E PLDT
PH Colo INC
Globe Telecom
Total Information Management
Digital Edge
Bee Infotech PH
Converge ICT
Space Dc
Eastern Data Center
Data one Asia

Key Topics Covered in the Report:

Market Overview and Genesis of Philippines Data Center Market
Business Cycle, Ecosystem and Timeline of Philippines Data Center Market
Market Size Analysis of Philippines Data Center Market, 2018-2022
Philippines Data Center Market Segmentation
Snapshot of Data Construction Companies in Philippines Data Center Market
SWOT Analysis, Recent Trends and Growth Drivers of Philippines Data Center Market
Competition Framework of Philippines Data Center Market
Future Outlook of Philippines data Center Market
Analyst Recommendation

For More Information on the research reports, refer to below link: –

Business Opportunities in Philippines Data Centers Industry

Related Reports by Ken Research: –

Malaysia Data Center Market Outlook to 2026

Indonesia Data Center Market Outlook to 2026

Monday, March 27, 2023

In the age of expanding e-commerce and cloud computing, the Philippines data center industry is experiencing rapid expansion: Ken Research

1. Philippines Data Center Market is being driven by internet users and booming industrial real estate portfolio.

Philippines Data Center Market

Co-locators of data centers and investors are more than ready to welcome data centers in the Philippines. Philippines offers enough of available land for the development of data centers and a thriving industrial real estate portfolio. Additionally, as a result of the pandemic shift, regional demand for data centers is rising tremendously, especially as smart city trends, e-commerce, cashless transactions, the use of cloud technology, and the desire for faster internet all gain traction. Another factor driving the expansion of data centers in the Philippines is cybersecurity worries. As more and more data are generated, there is an increasing requirement for data to be securely stored. Another benefit is that there are 76 Mn internet users in the nation who log on a daily basis for an average of more than ten hours. The country's data usage now has a strong foundation thanks to this.

2. Inadequate power infrastructure, high power costs, and a lack of suitable properties are just a few of the obstacles the Philippines data center market must overcome.

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According to the Philippine Department of Energy (DOE), electricity in the Philippines averages $0.15/kWh as of June 2021. While the capital region is the most preferred location for data center operators, there is a constraint in available supply. Apart from this, most office space is built for traditional and BPO occupiers. Meanwhile, most existing warehouse & industrial property is geared to manufacturing and logistics firms, making redevelopment costly. Furthermore, to make things more challenging the country’s median broadband speed of 60 Mbps is still slower compared to other SEA countries. Improving internet connectivity will be crucial in boosting the Philippines viability as a data center hub.

3. In the upcoming years, demand is projected to increase due to government initiatives, the emergence of new business models, and advancements in 5G and 6G technology.

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The Philippine government has planned to serve as a significant demand source for data. The government’s Cloud First policy promotes cloud computing as the preferred technology to manage and deliver government services. The said policy covers the executive branch of the national government, GOCCs, state universities and colleges, LGUs and vendors servicing the government, while the Congress, Judiciary, independent constitutional commissions, and the Office of the Ombudsman are all encouraged to adopt it. With that new business models are likely to emerge including colocation services, pay-per-use utility model, built to suit, etc. Additionally, the 5G and 6G technology will also push the adoption of IOT-enabled products in the Philippines market. The market for big data and IOT is still in the nascent stage of growth.

Tuesday, February 7, 2023

Growth in E-Commerce, Cloud Computing, New Industrial Spaces, and Government Initiatives have fueled the Philippines Market for Data Centers: Ken Research

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Focus on Cashless Transactions, Adoption of Cloud Technology, Cybersecurity and Data Center Co-Locators and Investors Are Major Factor Contributing Towards the Development of Data Center Market in Philippines.

Demand buoyed by internet users: The longest online usage time worldwide is in the Philippines, where 76 Mn people use the internet daily for an average of 10.5 hours. The Philippines has become an essential site for data center construction because of its internet users, showing an increase of 2.1 million users between 2021 and 2022.

philippines-data-center-market

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Cybersecurity and Data Center Investors: Data center growth in the Philippines is also being driven by concerns about cybersecurity. The necessity to appropriately safeguard and manage this data is becoming more important as it is being generated at an increasing rate. Also, The Philippines is more than willing to receive investors and co-locators of data centers in the nation. It boasts a thriving industrial real estate portfolio and plenty of available land for the construction of data centers.

Limited land in Metro Manila and Internet Speed: Despite the fact that the capital region is the top choice for data center operators, there is a shortage of available space because the majority of the land has already been set aside for residential and commercial construction. Furthermore, the nation's 60 Mbps median broadband speed is still lower than that of other SEA nations. It will be essential to increase internet connectivity if the Philippines is to become a more viable hub for data centers.

Government Initiatives: The Philippine government has planned to serve as a significant demand source for data. The government’s Cloud First policy promotes cloud computing as the preferred technology to manage and deliver government services. The said policy covers the executive branch of the national government, GOCCs, state universities and colleges, LGUs and vendors servicing the government, while the Congress, Judiciary, independent constitutional commissions, and the Office of the Ombudsman are all encouraged to adopt it.

Analysts at Ken Research in their latest publication “Philippines Data Center Market Outlook to 2027F- Driven by investment from the global players and the transition from colocation to hyperscale with high internet penetration” observed that data center market in the Philippines is at growing stage. The formulation of supportive government policies and increasing e-commerce, supportive cloud first policy along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 13.1% CAGR during 2022-2027F.

Key Segments Covered in the Report: -