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Thailand Data Center Rack Market Size (2024 - 2029)

The Thailand Data Center Rack Market is experiencing growth driven by the increasing demand for cloud computing among small and medium-sized enterprises, adherence to government regulations for local data security, and rising investments from domestic players. These factors are contributing to the expansion of the market size, as the country enhances its data center infrastructure to accommodate growing IT load capacity and raised floor space. Additionally, the development of submarine cable systems is further supporting the market's expansion by improving connectivity.

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Market Size of Thailand Data Center Rack Industry

Thailand Data Center Rack Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
Historical Data Period 2019 - 2022
CAGR (2024 - 2030) 5.00 %
Market Concentration Medium

Major Players

Thailand Data Center Rack Market Major Players

*Disclaimer: Major Players sorted in no particular order

Thailand Data Center Rack Market Analysis

The Thailand Data Center Rack Market is expected to register a CAGR of 5% during the forecast period.

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/region.

  • Under Construction IT Load Capacity: The upcoming IT load capacity of the Philippines data center market is expected to reach more than 270 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 6 million sq. ft by 2029.
  • Planned Submarine Cables: There are close to 12 submarine cable systems connecting Thailand, and many are under construction. One such submarine cable that is estimated to start service in 2023 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 Kilometers with landing points from Songkhla, Thailand.

Thailand Data Center Rack Industry Segmentation

A data center rack is a physical enclosure made up of usually steel housing electronic framework. It is designed to house servers, networking and communication devices, cables, and other data center computing peripherals.

The Thailand data center rack market is segmented by rack size (quarter rack, half rack, full rack) and by end user (IT & telecommunication, BFSI, government, and media & entertainment). The market sizes and forecasts are provided in terms of volume (units) for all the above segments.

By Rack Size
Quarter Rack
Half Rack
Full Rack
By End User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End Users
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Thailand Data Center Rack Market Size Summary

The Thailand Data Center Rack Market is poised for significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from local players. The market is experiencing a shift towards hybrid cloud services, with key sectors such as digital media, financial services, retail, and manufacturing leading the charge in cloud adoption. The telecommunications sector, with its vast customer base, is a major contributor to this growth, supported by advancements in 5G technology and network enhancements. The introduction of new data centers, like Alibaba Cloud's facility, underscores the country's commitment to bolstering digital innovation and infrastructure.

The market landscape is characterized by a high demand for fully equipped data centers, driven by the rapid expansion of mobile broadband, e-commerce, and big data analytics. Companies are increasingly relying on data centers for efficient data management, necessitating the deployment of fully configured racks. The market is moderately consolidated, with major players such as Schneider Electric SE, Rittal GMBH & Co.KG, and Vertiv Group Corp. dominating the scene. Upcoming construction projects and investments by companies like ST Telemedia Global Data Centres and Telehouse are expected to further propel market growth, as Thailand continues to establish itself as a key player in the Southeast Asian data center industry.

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Thailand Data Center Rack Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Number of Smartpone Users

      2. 1.2.2 Fiber Connectivity Network Expansion in the Country

    3. 1.3 Market Restraints

      1. 1.3.1 Increasing Cybersecurity Threats and Ransomware Attacks

      2. 1.3.2 Low Availability of Resources

    4. 1.4 Value Chain / Supply Chain Analysis

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

      1. 1.5.1 Bargaining Power of Buyers/Consumers

      2. 1.5.2 Bargaining Power of Suppliers

      3. 1.5.3 Threat of New Entrants

      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 By Rack Size

      1. 2.1.1 Quarter Rack

      2. 2.1.2 Half Rack

      3. 2.1.3 Full Rack

    2. 2.2 By End User

      1. 2.2.1 IT & Telecommunication

      2. 2.2.2 BFSI

      3. 2.2.3 Government

      4. 2.2.4 Media & Entertainment

      5. 2.2.5 Other End Users

Thailand Data Center Rack Market Size FAQs

The Thailand Data Center Rack Market is projected to register a CAGR of 5% during the forecast period (2024-2030)

Schneider Electric SE, Rittal GMBH & Co.KG, Vertiv Group Corp., Eaton Corporation and Delta Electronics (Thailand) PCL. are the major companies operating in the Thailand Data Center Rack Market.

Thailand Data Center Rack Market Report Snapshots

Thailand Data Center Rack Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)