South-east Asia will be the fastest-growing region for co-location data centres in the next five years, with its market size expanding at a compound annual growth rate (CAGR) of 13 per cent between this year and 2024.
The uptrend is underpinned by the rapid pace of digitalisation and surge in demand for cloud-based services across the region, which prompted giant companies such as Google, Alibaba Group and Amazon Web Services to expand their cloud infrastructure footprint to facilitate the expansion.
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