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Taiwan Data Center Storage Market Size (2024 - 2029)

The Taiwan Data Center Storage Market is projected to experience growth driven by the increasing demand for cloud computing among small and medium enterprises, government regulations for local data security, and rising investments from domestic players. This growth in demand is expected to enhance the market's capacity and infrastructure, including IT load capacity, raised floor space, and the number of racks. Additionally, the development of submarine cable systems is set to further support the market's expansion, facilitating better connectivity and data management capabilities.

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Market Size of Taiwan Data Center Storage Industry

Taiwan Data Center Storage Market Summary
Study Period 2018 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 0.28 Billion
Market Size (2029) USD 0.32 Billion
CAGR (2024 - 2029) 3.12 %
Market Concentration Medium

Major Players

Taiwan Data Center Storage Market Major Players

*Disclaimer: Major Players sorted in no particular order

Taiwan Data Center Storage Market Analysis

The Taiwan Data Center Storage Market size is estimated at USD 0.28 billion in 2024, and is expected to reach USD 0.32 billion by 2029, growing at a CAGR of 3.12% during the forecast period (2024-2029).

  • 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, leading to a growing need for data center storage equipment.
  • Under Construction IT Load Capacity: The upcoming IT load capacity of the Taiwan data center market is expected to touch 300 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 1.5 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach 76K units by 2029. Taipei City is expected to house the maximum number of racks by 2029.
  • Planned Submarine Cables: There are close to 10 submarine cable systems connecting Taiwan, and many are under construction. One such submarine cable that is estimated to start service in 2024 is Apricot, which stretches over 11,972 Kilometers with landing points from Toucheng, Taiwan.

Taiwan Data Center Storage Industry Segmentation

Data center storage encompasses devices, hardware, networking equipment, and software technologies facilitating the storage of data and applications within data center facilities, used for storing, managing, retrieving, distributing, and backing up digital information within such facilities. 

The Taiwan data center storage market is segmented by storage technology (network attached storage (NAS), storage area network (SAN), direct attached storage (DAS), and other technologies), by storage type (traditional storage, all-flash storage, and hybrid storage), and by end-user (IT & telecommunication, BFSI, government, media & entertainment, and other end-users). 

Market sizes and forecasts are provided in terms of value (USD) for all the segments above.

Storage Technology
Network Attached Storage (NAS)
Storage Area Network (SAN)
Direct Attached Storage (DAS)
Other Technologies
Storage Type
Traditional Storage
All-Flash Storage
Hybrid Storage
End-User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-Users
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Taiwan Data Center Storage Market Size Summary

The Taiwan Data Center Storage Market is experiencing a notable expansion, driven by the increasing demand for cloud computing, stringent government regulations on data security, and significant investments from local players. The shift towards enterprise cloud solutions is a key factor propelling the growth of data center storage equipment, as businesses generate and process larger volumes of data. This trend is further amplified by the rapid adoption of 5G services, which necessitate high-speed data access for cloud and IoT applications. The integration of on-premises and cloud storage solutions, known as hybrid storage, is gaining traction due to its flexibility and cost-effectiveness, catering to the evolving needs of digital transformation.

The market landscape is characterized by semi-fragmentation, with major players like Dell Inc., Hewlett Packard Enterprise, and NetApp Inc. holding significant market shares. These companies are actively engaging in strategic collaborations to enhance their market presence and profitability. Recent technological advancements, such as KIOXIA's next-generation SSDs and Kingston Technology's innovative storage solutions, underscore the ongoing commitment to advancing data center storage capabilities. The continuous growth of businesses and the escalating data traffic further emphasize the critical role of storage solutions in supporting the expanding data center infrastructure in Taiwan.

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Taiwan Data Center Storage Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Expansion of IT Infrastructure to Increase Market Growth

      2. 1.2.2 Increased Investments in Hyperscale Data Centers To Increase Market Growth

    3. 1.3 Market Restraints

      1. 1.3.1 High Initial Investment Cost To Hinder Market Growth

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 Storage Technology

      1. 2.1.1 Network Attached Storage (NAS)

      2. 2.1.2 Storage Area Network (SAN)

      3. 2.1.3 Direct Attached Storage (DAS)

      4. 2.1.4 Other Technologies

    2. 2.2 Storage Type

      1. 2.2.1 Traditional Storage

      2. 2.2.2 All-Flash Storage

      3. 2.2.3 Hybrid Storage

    3. 2.3 End-User

      1. 2.3.1 IT & Telecommunication

      2. 2.3.2 BFSI

      3. 2.3.3 Government

      4. 2.3.4 Media & Entertainment

      5. 2.3.5 Other End-Users

Taiwan Data Center Storage Market Size FAQs

The Taiwan Data Center Storage Market size is expected to reach USD 0.28 billion in 2024 and grow at a CAGR of 3.12% to reach USD 0.32 billion by 2029.

In 2024, the Taiwan Data Center Storage Market size is expected to reach USD 0.28 billion.

Taiwan Data Center Storage Market Report Snapshots

Taiwan Data Center Storage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)