Singapore Data Center Market Investment to Worth USD 5.59 Billion by 2030 - Exclusive Research Report by Arizton

According to Arizton’s latest research report, Singapore data center market  is growing at a CAGR of 5.05% during 2024-2030.

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Report Summary 

Market Size (Investment): USD 5.59 Billion (2030)

Market Size (Area): 391 Thousand Sq. Ft. (2030)

Market Size (Power Capacity): 78 MW (2030)

CAGR - Investment (2024-2030): 5.05%

Colocation Market Size (Revenue): USD 3.02 Billion (2030)

Historic Year: 2021-2023

Base Year: 2024

Forecast Year: 2025-2030

Singapore’s Growing Adoption of AI and IoT Technology

Singapore is strengthening its position as a global hub for AI and IoT by actively promoting innovation and supporting digital growth. The country was one of the first to introduce a national AI strategy in 2019, which was updated in 2023 to reflect new developments in the field. As part of its broader tech vision, Singapore is also investing in advanced technologies like quantum computing, blockchain, and edge computing. These systems require strong data processing capabilities, leading to a growing need for sustainable data center expansion. To support this, the government is working closely with industry players to increase data center capacity while maintaining energy efficiency.

According to the e-Conomy SEA 2024 report, Singapore is among the top countries globally for AI-related online searches, showing strong public interest and a tech-savvy population. With the rise of generative AI and more complex AI models, there is also a growing focus on developing AI-ready infrastructure. Agencies like the Singapore Economic Development Board (EDB) and the Infocomm Media Development Authority (IMDA) are partnering with the private sector to address these needs and ensure the country remains competitive in the global AI landscape.

Empowering Markets with Reliable Infrastructure and Subsea Cable Networks

Singapore plays a vital role in global digital connectivity through its strong and reliable subsea cable infrastructure. With over 99% of its telecommunications traffic carried by submarine cables, the country has become one of the leading hubs for subsea networks worldwide. It serves as a central point connecting submarine cable systems across East Asia, South Asia, the Persian Gulf, the Mediterranean, and Europe, enabling seamless data flow between regions. Currently, more than 25 submarine cables are operational in Singapore, with several new systems expected to go live within the next one to two years. Notably, Singapore is linked to SeaMeWe-3, the world’s longest subsea cable, which spans 39,000 kilometers and lands in Tuas, in the western part of the country. As global demand for high-speed and low-latency connectivity continues to grow, the expansion and reinforcement of the subsea cable network will play a key role in boosting Singapore’s digital infrastructure and supporting the continued growth of its data center market.

Key Development:

• In March 2025, ST Telemedia Global Data Centres (STT GDC), a data center colocation provider based in Singapore, announced its partnership with NVIDIA. The company’s STT Singapore 6 and STT Bangkok 1 facilities received certification under the NVIDIA DGX-Ready program, allowing STT GDC to deliver higher compute density, performance, and scalability for critical AI workloads.

• In September 2024, Singtel, a Singapore-based telecom, partnered with AI cloud provider Nscale to expand GPU capacity in Europe and Southeast Asia. The collaboration aimed to give Nscale access to Singtel's Nvidia H100 GPUs in Southeast Asia via its Paragon platform.

• In March 2025, Equinix had issued green bonds worth $375 million as a funding to help efficiency improvements at its data centers in Singapore. Through the fund, Equinix stated plans to increase sustainability at its data centers and increase the operational efficiency of its portfolio.

Singapore’s Strong Regional Connectivity and Infrastructure: A Strategic Advantage.

Singapore is emerging as a key regional hub for data centers in Southeast Asia, supported by its strategic location and strong digital infrastructure. The country acts as a vital link between Asia and the rest of the world, enabling smooth and reliable data transfer. Since 2018, 80 of the world’s top 100 tech companies, including Google, IBM, Microsoft, Zoom, and Alibaba, have set up operations in Singapore.The government is also planning to roll out 6G services by 2030, while continuing to strengthen its 5G network and position the country as a center for advanced connectivity research. These developments highlight Singapore’s strong regional connectivity and its readiness to support future data center market growth.

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Key Company Profiles

IT Infrastructure Providers

• Arista Networks
• Atos
• Broadcom
• Cisco Systems
• Dell Technologies
• Hewlett Packard Enterprise
• Huawei Technologies
• IBM
• Inspur
• Lenovo
• MiTAC Holdings
• Quanta Cloud Technology
• Wiwynn
• NetApp

Data Center Construction Contractors & Sub-Contractors

• AECOM
• Arup
• Aurecon
• AtkinsRéalis
• AWP Architects
• Cundall
• DSCO Group
• Fortis Construction
• Gammon Construction
• Kienta Engineering Construction
• LSK Engineering
• Larsen & Toubro
• NTT Facilities
• PM Group
• Sato Kogyo

Support Infrastructure Providers

• ABB
• Airdale Air Conditioning
• Bosch Security Systems
• Caterpillar
• Cummins
• Eaton
• Fuji Electric
• HITEC Power Protection
• Kohler
• Legrand
• Mitsubishi Electric
• Nortek Data Center Cooling (DCC)
• Piller Power Systems
• Rittal
• Rolls-Royce
• Schneider Electric
• STULZ
• Vertiv

Data Center Investors

• AirTrunk
• Amazon Web Services
• China Mobile
• Digital Realty
• Empyrion Digital
• Equinix
• Google
• Global Switch
• Iron Mountain
• Keppel Data Centres
• Meta
• Microsoft
• NTT DATA
• Princeton Digital Group
• Singtel
• ST Telemedia Global Data Centres
• Telin Singapore

Market Segmentation

IT Infrastructure

• Server Infrastructure
• Storage Infrastructure
• Network Infrastructure

Electrical Infrastructure

• UPS Systems
• Generators
• Transfer Switches & Switchgear
• PDUs
• Other Electrical Infrastructure

Mechanical Infrastructure

• Cooling Systems
• Racks
• Other Mechanical Infrastructure

Cooling Systems

• CRAC and CRAH Units
• Chillers Units
• Cooling Towers, Condensers, and Dry Coolers
• Other Cooling Units

General Construction

• Core & Shell Development
• Installation & Commissioning Services
• Building & Engineering Design
• Fire Detection & Suppression Systems
• Physical Security
• Data Center Infrastructure Management (DCIM)

Tier Standard

• Tier I & Tier II
• Tier III
• Tier IV 

What Key Findings Will Our Research Analysis Reveal?

·     What is the growth rate of the Singapore data center market?

·     How big is the Singapore data center market?

·     What factors are driving the Singapore data center market?

·     How much MW of power capacity will be added across Singapore during 2025-2030?

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