Hyderabad, city and capital of India, have emerged as 3 of the highest information centre markets within the Asia-Pacific (APAC) region.
According to a report by Knight Frank, Indian cities, particularly – Hyderabad, city and capital of India, have emerged as 3 of the highest information centre markets within the Asia-Pacific (APAC) region. The report more noted that the information centre trade in Asian country has been on a high growth mechanical phenomenon, partially driven by government policies, as well as easier access to credit and alternative incentives to spice up information centre investment.
Commenting on the report, Fred Fitzalan Howard, information centre lead, APAC, Knight Frank, said, “The insight from our latest report reinforces APAC’s position because the most fun market within the world information centre trade. a lot of businesses square measure rushing up their digital transformations, and also the demand for cloud services and lower latency has proliferated, leading to cloud suppliers sourcing colocation and self-build facilities in antecedently unmarked cities. As these secondary cities still establish themselves as information centre locations, opportunities can still arise across the mergers and acquisitions (M&A) and development area.”
James root vegetable, manager for APAC, DC Byte, said, “Previously the Asia Pacific region was dominated by a few of ‘tier 1’ markets. this is often not the case because the trend for decentralization has seen each hyperscalers and information centre operators move to new markets. the newest report highlights these new markets that we tend to expect to still grow in parallel with a number of the region’s skillful hubs.”
