DIGITAL REALTY
Mark Fong , VP Sales of Digital Realty ’ s APAC and Japan divisions , talks sustainability , site selection , and the region-wide expansion of PlatformDIGITAL ®
The APAC data centre industry is at a critical stage . Spurred by the pandemic and the transformative effects of ongoing , widespread digitalisation from Seoul to Singapore , the region ’ s data centre industry finds itself on a trajectory towards unprecedented growth . According to Structure Research , APAC is now the largest data centre market in the world in terms of colocation revenue – at US $ 24.1bn compared to USD $ 19.8bn for North America – and also the fastest growing with a 13.7 % CAGR over the next 5 years . The pandemic has further accelerated this growth , pushing the region to the forefront of data centre development for the foreseeable future .
This expansion of digital services is a necessary one , as the data generated across the digital economy grows exponentially . By 2025 , Gartner forecasts that there will be more than 25bn active IoT endpoints around the world , generating as much as 79 zettabytes of data every year . “ The huge influx of enterprise data can lead to difficulties in moving it . Barriers brought on by data gravity will cause unfavourable complexity when considering business locations and data proximity to users ,” warns Mark Fong , VP Sales of Digital Realty ’ s APAC and Japan divisions . “ It is important for businesses
146 April 2021