| Study Period | 2019 - 2031 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2031 |
| Market Size (2025) | USD 0.87 Billion |
| Market Size (2031) | USD 1.47 Billion |
| CAGR (2025 - 2031) | 9.05 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Thailand Data Center Construction Market Analysis
The Thailand Data Center Construction Market size is estimated at USD 0.87 billion in 2025, and is expected to reach USD 1.47 billion by 2031, at a CAGR of 9.05% during the forecast period (2025-2031).
Given Bangkok's strategic location, it stands as a pivotal hub, linking investors to burgeoning opportunities spurred by escalating border trade and the region's swift economic expansion. Bolstered by Thailand's promising renewable energy landscape and a steadfast commitment to sustainability, the number of facilities is poised for a notable uptick in the coming years.
- The upcoming IT load capacity in the region is expected to reach 290 MW by 2030, which is projected to positively impact the demand for data center racks during the forecast period.
- The construction of raised floor area for data centers in the region is expected to reach 10,72,812 sq. ft by 2030 for under construction raised floor space.
- The region's total number of racks to be installed is expected to reach 53k units by 2030. Bangkok is expected to house the maximum number of racks.
- There are close to 8 submarine cable systems connecting Thailand, and many are under construction. One such submarine cable that is estimated to start service in Q1 2025 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 kilometers with landing points from Songkhla, Thailand.
Thailand Data Center Construction Market Trends
Tier 3 is the Largest Tier Type
- In 2023, there were around 25 data center facilities in Thailand with tier 3 certification, with a cumulative IT load capacity of 65 MW. Reliability and affordability are the major factors driving the demand for tier 3 data centers in the country. The segment is projected to register a CAGR of 10% to reach 200 MW by 2030.
- Of these data centers, the majority are located in Bangkok, which accounts for around 61%, and the rest (39%) are spread across the country.
- Within tier 3-certified facilities, the majority are medium-sized, totaling approximately 15 facilities, with a combined IT load capacity of 28 MW.
- Bangkok is projected to get around five more data centers in the coming years. In June 2024, Edgnex, a data center firm based in the United Arab Emirates, revealed its intentions to construct a data center in Bangkok, Thailand. The firm, under the ownership of Damac, disclosed its blueprint for a two-building campus in Bangkok's Rama 9 CBD area. The initial phase of this project, spanning 19,000 sq. m (204,515 sq. ft) and boasting tier 3 standards, is slated for completion by 2026.
- The other expected data center players planning tier 3-certified facilities include ST Telemedia GDC, One Asia Network, Telehouse (KDDI Corporation), and others. Such instances are expected to drive the demand for tier 3-certified facilities in Thailand. This surge in demand, specifically from the tier 3 segment, is projected to bolster the need for data center construction services in the years ahead.
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IT and Telecom Expected to Hold Significant Market Share
- Despite securing investments from tech giants like Microsoft for a new data center, Thailand faces a significant roadblock in its ambition to lead Southeast Asia's cloud computing charge. One significant challenge lies in its antiquated energy policy.
- In a significant move in 2024, Satya Nadella, Microsoft's CEO, revealed that Microsoft and the Thai government signed a memorandum of understanding. The agreement paves the way for Microsoft's first data center in Thailand, a strategic response to the escalating demand for cloud computing and AI services in the region.
- Thailand's vision to position itself as the go-to hub for cloud computing and data services is underscored by its Digital Economy and Society Ministry's "Go Cloud First" initiative. This initiative sets its sights on a robust 30% annual growth rate for the data center sector.
- During the November 2023 Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting, the Royal Thai Government and Google unveiled a strategic partnership. Their goal is to enhance Thailand's digital competitiveness and expedite artificial intelligence (AI) innovation. This collaboration focuses on four key pillars essential for Thailand's success in the AI economy, such as bolstering digital infrastructure investments, advocating for secure and responsible AI integration in public services, prioritizing cloud-first policies, and enhancing digital literacy among the Thai populace.
- The Thai government is also focusing on developing the country's telecom network infrastructure. For instance, in July 2024, Ericsson, a Swedish vendor, unveiled its latest move in the Asian market with a cutting-edge 5G facility in Thailand. The initiative, strategically located at Thailand Digital Valley, is a joint effort between Ericsson and the Thai Government, facilitated by the Digital Economy Promotion Agency (depa). This state-of-the-art 5G Innovation and Experience Studio is poised to become a hub for pioneering 5G use cases, fostering collaboration with global partners. Given these trends, the need for data storage is poised to surge among IT and telecom users. This uptick is set to drive a heightened demand for data centers in the region, subsequently boosting the demand for data center construction firms in the near future.
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Thailand Data Center Construction Industry Overview
Thailand's data center construction market is fairly consolidated, with the top five companies occupying the majority of the market share. Some of the major companies are Aurecon Group Pty Ltd, AECOM Thailand Limited, Acme Associates., Syntec Construction, and Central Pattana PCL.
- June 2023: Singapore's Evolution Data Centres and Thailand's Central Pattana PCL partnered to construct a cutting-edge data center in Bangkok. This collaboration aims to establish a 34 MW carrier-neutral data center in the heart of Thailand's capital. The first phase of this project is slated for completion in the second half of 2024.
- March 2023: NTT Ltd announced plans to invest USD 90 million in developing a significant data center in Bangkok, slated for completion by the end of 2024. This move is poised to open up new avenues for market vendors.
Thailand Data Center Construction Market Leaders
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Aurecon Group Pty Ltd.
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AECOM Thailand Limited
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Acme Associates.
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Syntec Construction
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Central Pattana PCL
- *Disclaimer: Major Players sorted in no particular order
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Thailand Data Center Construction Market News
- May 2024: NTT initiated the construction of a new data center in Bangkok, Thailand. This facility, designated as tier 3, boasts an impressive 12 MW of IT capacity. Spanning 4,000 sq. m (43,055 sq ft), the center will be strategically positioned next to BKK2 within the Amata City Chonburi industrial estate. Initially projected at a cost of USD 90 million, NTT aimed to have the facility operational by the latter half of 2024.
- February 2023: Singapore Telecom Limited (Singtel), Gulf Energy Development PLC (Gulf), and Advanced Info Services PLC (AIS) partnered to form a joint venture. Their goal is to construct a 20 MW data center in Thailand by 2025. The operation of this facility will fall under the purview of GSA Data Center Company Limited (GSA), with a specific focus on catering to the burgeoning demands of cloud service providers in Thailand.
Thailand Data Center Construction Industry Segmentation
Data center construction combines physical processes used to construct a data center facility. It chains construction standards with data center operational environment requirements.
The data center construction market in Thailand is segmented by infrastructure (electrical infrastructure (power distribution solution (PDU, transfer switches, switchgear, power panels and components, and other power distribution solutions)), power backup solution (UPS, generators), service – design & consulting, integration, support & maintenance)), mechanical infrastructure (cooling systems (immersion cooling, direct-to-chip cooling, rear door heat exchanger, in-row and in-rack cooling)), racks, and other mechanical infrastructure)), and general construction)), tier type (tier 1 and 2, tier 3, and tier 4), and end user (banking, financial services and insurance, IT and telecommunications, government and defense, healthcare, and other end user). The market sizes and forecasts are provided in USD value for all the above segments.
| Market Segmentation - By Infrastructure | Market Segmentation - By Electrical Infrastructure | Power Distribution Solution | PDU - Basic & Smart - Metered & Switched solutions | |
| Transfer Switches | Static | |||
| Automatic (ATS) | ||||
| Switchgear | Low-Voltage | |||
| Medium-Voltage | ||||
| Power Panels and Components | ||||
| Other Power Distribution Solutions | ||||
| Power Backup Solutions | UPS | |||
| Generators | ||||
| Service - Design & Consulting, Integration, Support & Maintenance | ||||
| Market Segmentation - By Mechanical Infrastructure | Cooling Systems | Immersion Cooling | ||
| Direct-To-Chip Cooling | ||||
| Rear Door Heat Exchanger | ||||
| In-Row and In-Rack Cooling | ||||
| Racks | ||||
| Other Mechanical Infrastructure | ||||
| General Construction | ||||
| Market Segmentation - By Tier Type | Tier 2 and 2 | |||
| Tier 3 | ||||
| Tier 4 | ||||
| Market Segmentation - By End User | Banking, Financial Services, and Insurance | |||
| IT and Telecommunications | ||||
| Government and Defense | ||||
| Healthcare | ||||
| Other End Users | ||||
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Thailand Data Center Construction Market Research Faqs
How big is the Thailand Data Center Construction Market?
The Thailand Data Center Construction Market size is expected to reach USD 0.87 billion in 2025 and grow at a CAGR of 9.05% to reach USD 1.47 billion by 2031.
What is the current Thailand Data Center Construction Market size?
In 2025, the Thailand Data Center Construction Market size is expected to reach USD 0.87 billion.
Who are the key players in Thailand Data Center Construction Market?
Aurecon Group Pty Ltd., AECOM Thailand Limited, Acme Associates., Syntec Construction and Central Pattana PCL are the major companies operating in the Thailand Data Center Construction Market.
What years does this Thailand Data Center Construction Market cover, and what was the market size in 2024?
In 2024, the Thailand Data Center Construction Market size was estimated at USD 0.79 billion. The report covers the Thailand Data Center Construction Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Thailand Data Center Construction Market size for years: 2025, 2026, 2027, 2028, 2029, 2030 and 2031.
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Thailand Data Center Construction Industry Report
Statistics for the 2025 Thailand Data Center Construction market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thailand Data Center Construction analysis includes a market forecast outlook for 2025 to 2031 and historical overview. Get a sample of this industry analysis as a free report PDF download.
