| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 1.66 Billion |
| Market Size (2030) | USD 1.94 Billion |
| CAGR (2025 - 2030) | 3.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Singapore Data Center Power Market Analysis
The Singapore Data Center Power Market size is estimated at USD 1.66 billion in 2025, and is expected to reach USD 1.94 billion by 2030, at a CAGR of 3.2% during the forecast period (2025-2030).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- Under Construction IT Load Capacity: The IT load capacity of the data center market will grow steadily and is expected to reach 1,016 MW by 2029.
- Under Construction Raised Floor Space: The total raised floor space in the country is expected to reach 3.3 million sq. ft by 2029.
- Planned Racks: The total number of installed racks is expected to reach 165,468 by 2029. West Singapore is expected to house the maximum number of racks over the years.
- DC Facilities: There are 46 colocation data center facilities in Singapore. The rising demand for more eco-friendly data processing facilities and revised regulatory norms will oversee a controlled expansion of the market studied.
- Leading Market Player: STT GDC Pte Ltd is the leading player in the Indonesian data center market and is further poised to continue its leadership by rolling out a massive data center with 33 MW capacity during the forecast period.
- The government considers power-saving measures such as subsidies to increase energy efficiency or productivity and moves toward a low-carbon system to solve the electricity problem and crisis. In support of the above policy and to reduce energy consumption, key market players are focusing on introducing efficient power management systems such as PDUs, busways, and UPS for the purpose of controlling unnecessary expenditures in data centers, which is expected to increase the market's growth.
Singapore Data Center Power Market Trends
The IT and Telecom Segment is Expected to Maintain a Significant Market Share
- The media and entertainment industry is expected to hold the highest market share in the data center market, with 21.9% of the market share in 2023 and a projected increase to 22.8% by 2029. The number of active subscribers streaming on Netflix significantly increased from 98.91 thousand in 2017 to 264.83 thousand in 2020. This doubling in just three years suggests the increasing demand for data centers in the media and entertainment industry.
- Furthermore, the BFSI (banking, financial services, and insurance) industry is expected to witness the highest growth rate of 6.23% during the forecast period. The segment is projected to hold an IT load of 119.72 MW in 2029. The increasing demand for cashless payments through e-commerce platforms and other service channels will complement the growth in the industry.
- The number of credit card transactions doubled from 418.39 million in 2017 to 693.41 million in 2023. Additionally, credit card payments per capita rose from 85 in 2017 to 144.48 in 2021. During the same period, the demand for data processing facilities in the BFSI segment increased from 38.4 MW in 2017 to 68.9 MW in 2023, suggesting a correlation with the increasing cashless transactions.
Understand The Key Trends Shaping This Market
Download PDF
Monitored PDUs Hold a Significant Share in the Market
- Monitored rack PDUs are essential components in data center and server room infrastructure, providing real-time monitoring of power usage, voltage, current, and other electrical parameters. This data helps administrators make informed decisions about power allocation and capacity planning.
- By tracking power usage trends, administrators can plan for future growth and ensure that power capacity is not exceeded, preventing overloads that could lead to equipment failures. Also, it helps identify inefficiencies and optimize energy usage. This can lead to cost savings and a reduced environmental footprint by eliminating unnecessary power consumption. Also, it allows administrators for remote access and control, reducing the need for physical presence and minimizing operational disruptions.
- Increasing focus on digitalization, internet penetration, and e-commerce sales across the country creates more need for storage facilities, resulting in huge demand for data centers and a rise in power consumption. Increasing demand for data storage has led to deploying intelligent power distribution units (PDUs) against simple multi-socket rack installations with server and network equipment, which optimize power consumption in data centers.
- Because of the above advancements mentioned with monitored PDUs and the necessity to reduce electricity consumption as per government measures in the country, key market players are focusing on introducing efficient power management systems. In May 2023, Eaton, which provides the power management service, launched G3 Universal Input Rack PPDUs with dynamic C39 outlets capable of accommodating different plug configurations and input voltage requirements. To meet the most diverse data center rack power requirements, G3UPDU has added new features.
- In May 2023, Legrand, a significant global provider of electrical and digital building infrastructures, introduced the next generation of intelligent rack PDUs PRO4X and Raritan PX4; these new intelligent rack PDU designs revolutionize capacity planning, environmental monitoring, physical and digital access control, workload optimization, and uptime initiatives. Such developments in the segment are expected to boost regional demand during the forecast period.
- With the augment of 5G technology and industrial digitalization, the country's demand for mega data centers is rising. The total IT load capacity is projected to record a CAGR of 7.52%, reaching 187 MW by 2029.
- The country has two mega data centers located in East Singapore. Out of these, STT GDC Pte Ltd and AirTrunk have one mega facility each.
- The mega segment is projected to grow during the forecast period due to a number of upcoming mega data center facilities, reaching a combined capacity of 66 MW by 2029.
Get Analysis on Important Geographic Markets
Download PDF
Singapore Data Center Power Industry Overview
The Singaporean data center power market is highly concentrated, with multiple vendors present. Players are adopting several strategies, such as mergers and acquisitions, collaborations, and partnerships. Various initiatives are being undertaken by governmental bodies and private data center construction, creating intense competition. Key players are Schneider Electric SE, ABB Ltd, Rittal GmbH & Co. KG, Fujitsu Limited, and Legrand Group.
January 2024: Vertiv announced the plans to double its manufacturing capacity for busways, switchgear, and integrated modular solutions (IMS) by 2025. The expansion plans include increasing utilization and footprint in the United Arab Emirates, Ireland, South Carolina (United States), Mexico, Slovakia, and Northern Ireland.
December 2023: Eaton, an intelligent power management company, announced the launch of its new Rack PDU G4 (4th generation) that provides a high security and business continuity data center. It also combines with C39 outlets that securely connect both C14 and C20 power cords, backed by a locking mechanism and a built-in high retention system that secures the power cord.
Singapore Data Center Power Market Leaders
-
ABB Ltd.
-
Schneider Electric SE
-
Rittal GmbH & Co. KG
-
Fujitsu Limited
-
Legrand Group
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competiters?
Download PDF
Singapore Data Center Power Market News
- January 2024: Caterpillar Inc. partnered with Microsoft and Ballard Power Systems to test the use of large-format hydrogen fuel cells as a reliable and eco-friendly backup power source for multi-megawatt data centers. Hydrogen fuel cells are seen as a possible low-carbon alternative to diesel backup generators, which is expected to drive the growth of DC generators.
- March 2024: Schneider Electric announced the expansion of its US manufacturing facilities at two locations to support critical infrastructure of data centers and other industries. At both locations, the company planned to manufacture electrical switchgear and medium-voltage power distribution products.
Singapore Data Center Power Industry Segmentation
Data center power refers to the power infrastructure, including electrical components and electrical distribution systems, which provide the power necessary to operate and support the devices and servers within the data center. It includes various components and technologies designed to ensure a reliable, uninterruptible power supply for data center IT equipment, including uninterruptible power supplies (UPS), power distribution units (PDU), backup generators, and other power management solutions tailored to the specific needs of data centers. Data center operators achieve data center redundancy through duplicated components to maintain uninterrupted operations in the event of failure of some components and to maintain uptime during maintenance.
The Singaporean data center power market is segmented by power Infrastructure (electrical solution (UPS system, generators, power distribution solutions (PDU, switchgear, critical power distribution, transfer switches, remote power panels, and others)), and service) and end user (IT and telecommunication, BFSI, government, media and entertainment, and other end users). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| Power Infrastructure | Electrical Solution | UPS Systems | ||
| Generators | ||||
| Power Distribution Solutions | PDU | |||
| Switchgear | ||||
| Critical Power Distribution | ||||
| Transfer Switches | ||||
| Remote Power Panels | ||||
| Others | ||||
| Service | ||||
| End User | IT and Telecommunication | |||
| BFSI | ||||
| Government | ||||
| Media and Entertainment | ||||
| Other End Users | ||||
Need A Different Region or Segment?
Customize Now
Singapore Data Center Power Market Research FAQs
How big is the Singapore Data Center Power Market?
The Singapore Data Center Power Market size is expected to reach USD 1.66 billion in 2025 and grow at a CAGR of 3.20% to reach USD 1.94 billion by 2030.
What is the current Singapore Data Center Power Market size?
In 2025, the Singapore Data Center Power Market size is expected to reach USD 1.66 billion.
Who are the key players in Singapore Data Center Power Market?
ABB Ltd., Schneider Electric SE, Rittal GmbH & Co. KG, Fujitsu Limited and Legrand Group are the major companies operating in the Singapore Data Center Power Market.
What years does this Singapore Data Center Power Market cover, and what was the market size in 2024?
In 2024, the Singapore Data Center Power Market size was estimated at USD 1.61 billion. The report covers the Singapore Data Center Power Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Singapore Data Center Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Singapore Data Center Power Industry Report
Statistics for the 2025 Singapore Data Center Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Singapore Data Center Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
