Australia’s Data Center Market Poised to Reach $9.49 Billion by 2028

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The Australian data centre market is experiencing remarkable growth, with projections indicating a surge of $9.49 billion by 2028. 

According to this research, “This research is an assessment of the data centre investment in Australia by colocation, hyperscale, and enterprise operators.”

“It is a business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.”

This growth, representing an impressive compound annual growth rate (CAGR) of 7.05% between 2022 and 2028, is highlighted in the “Australia Data Center Market – Investment Analysis & Growth Opportunities 2023-2028” report recently added to ResearchAndMarkets.com.

The report comprehensively analyses the Australian data centre market, delving into existing and upcoming facilities, IT, electrical, and mechanical infrastructure investments, construction, and tier standards. This data-rich analysis outlines market sizing and investment estimations for various segments, shedding light on the driving factors behind this growth.

As businesses increasingly migrate operations to cloud-based platforms and embark on digital transformation initiatives, the demand for secure and reliable data centres has intensified. Acknowledging this shift, the Australian government has enacted a digital transformation strategy to facilitate seamless enterprise migration to cloud platforms. 

This strategy, comprising policies, programs, and initiatives, aims to encourage the adoption of cloud-based services and foster the expansion of the Australian data centre market.

Key players within the Australian data centre market are leading this surge in growth. Industry giants such as CDC Data Centres, Digital Realty, and Equinix drive the market with substantial investments. Furthermore, new entrants like GreenSquareDC, STACK Infrastructure, and Stockland actively contribute to the market’s expansion.The report is an invaluable guide in this dynamic landscape, offering insights into Australia’s data centre market, key players, emerging trends, growth opportunities, and potential challenges. With a transparent research methodology, the report examines demand and supply aspects. It is an essential resource for industry stakeholders aiming to capitalise on opportunities within the Australian data centre market.

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