Malaysia Data Center Market Report 2023: A $2.9 Billion Market by 2028 -Competition, Forecast & Opportunities – Significant Growth in Response to Rising Data Consumption and Digital Transformation

Dublin, Oct. 27, 2023 (GLOBE NEWSWIRE) — The "Malaysia Data Center Market, Competition, Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com’s offering. The Malaysia data center market is experiencing substantial growth due to the surging demand for efficient data storage and processing, driven by increasing data consumption. Government investments to provide physical data center space and the rollout of 5G infrastructure for faster internet connectivity have further bolstered the demand for data centers. One of the key drivers is the availability of a skilled workforce and the cost advantages of operating in Malaysia, making it an attractive location for data centers. This, coupled with stringent safety and quality regulations governing the quality of digital services, has led to a growing emphasis on data centers to meet the escalating data consumption. Companies are increasingly reliant on computer systems, especially with the growing number of internet users and digital services shaping their business operations. Additionally, the rising demand for data and high bandwidth capacity, fueled by the surge in smartphone users, is driving the development of the data center market in Malaysia. Rapid Adoption of Cloud and Digital Transformation Malaysia’s digital journey has been accelerating rapidly, particularly with the […]

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