Empyrion Digital is expanding operations in Bangkok, Thailand to become a digital hub. Thailand’s data center market is growing rapidly due to increasing internet usage and the push for a digital economy. Thailand is strategically located in Southeast Asia, attracting data center investments and spillover demand from neighboring markets. The country’s government and private sectors are investing in digital infrastructure to support economic growth in the digital age.
Latest Development: Empyrion Digital, a digital infrastructure platform operating within multiple Asian markets, is expanding their operations within Bangkok, Thailand. While Thailand will continue to face stiff competition against regional peers, in attempt to become a digital hub, expansions from data centre operators and telecom operators will remain key to reaching national targets.
Market Implications: Upon completion of its data centre (TH1) in Bang Ha, Bangkok, this will enable the capabilities to meet the cloud computing requirements in the region. While activity has been plentiful in Bangkok, much of the planned capacity is within Chonburi, where Bangkok’s planned capacity remains subdued, in comparison. Compared to leading regional peers, Thailand present only one additional sub-market, indicating that the country is less saturated that Indonesia and Malaysia. However, speed and agility will be primary, as comparable ambitions across Malaysia, the Philippines and Vietnam aim to establish these markets as regional digital hubs, leveraging the technological overflow from the saturated Singapore market.
From our forecasts, Thailand’s annual cloud computing spending is set to increase from USD1.6bn to USD7.3bn between 2024 and 2030, attributing a compound annual growth rate (CAGR) of 28.9%. Compared to Singapore, a leading digital hub in Southeast Asia, both Thailand and the Philippines are starting from a lower base, a key confounding factor to the large, anticipated growth. With this in mind, Singapore is expected to growth at a CAGR of 14.9% between the same period, signaling a much more developed technological environment.
Thailand’s data center market is witnessing a significant transformation as the demand for digital infrastructure intensifies. Driven by increasing internet penetration, the rise of mobile connectivity, and the country’s push towards a digital economy, data center platforms in Thailand are poised for substantial growth. As businesses increasingly adopt cloud computing and big data analytics, the need for robust and secure data storage solutions is more critical than ever. This shift has positioned Thailand as a key player in the regional data center landscape, offering modern facilities that cater to both local and international businesses.
The country’s geographic advantage also plays an essential role in attracting data center investments. Situated in a strategic location within Southeast Asia, Thailand offers a stable political environment and growing tech ecosystem, making it an attractive hub for data center development. The spillover demand from neighboring markets, such as Singapore and Malaysia, further boosts Thailand’s appeal as businesses seek reliable and cost-effective alternatives for their digital infrastructure needs.
To capitalize on this momentum, both the public and private sectors in Thailand are taking proactive steps to enhance the country’s data center capabilities. Government initiatives aimed at improving digital infrastructure, alongside partnerships with global technology companies, are fostering innovation and expansion. As a result, Thailand’s data center platforms are well-positioned to meet the escalating demand, providing a vital foundation for the country’s digital transformation and economic growth in the digital age.
Source : Quick View: Data Centre Platforms In Thailand To Benefit From Demand Spillover