Data Center - Cambodia

Cambodia

Revenue in the Data Center market is projected to reach US$59.05m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$36.65m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.78%, resulting in a market volume of US$78.19m by 2029.
In global comparison, most revenue will be generated in the United States (US$123.20bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Cambodia is experiencing minimal growth, influenced by factors such as limited adoption of digital technologies, low health awareness, and lack of convenience in online services. Despite sub-markets for Servers, Storage, and Network Infrastructure, the overall market is hindered by these factors.

Customer preferences: With the rapid growth of the data center market in Cambodia, there has been an increased demand for sustainable and energy-efficient solutions. This trend is driven by the country's commitment to reducing its carbon footprint and the growing awareness of the environmental impact of data centers. As a result, companies are investing in green data centers and implementing energy-efficient practices to meet consumer demands and comply with government regulations. This shift towards sustainability is also influenced by the younger generation's preference for eco-friendly products and services.

Trends in the market: In Cambodia, the Data Center Market is experiencing a significant increase in demand due to the country's growing economy and increasing internet penetration. This trend is expected to continue as more businesses and industries adopt digital technologies and require reliable data storage and management solutions. The rise of cloud computing and the Internet of Things (IoT) is also driving the demand for data centers in the country. As a result, industry stakeholders should anticipate continued growth in the Data Center Market and invest in infrastructure and technology to meet this demand. Moreover, with the government's efforts to improve the country's digital infrastructure and attract foreign investments in the IT sector, the Data Center Market is expected to play a crucial role in Cambodia's economic development.

Local special circumstances: In Cambodia, the Data Center Market is growing rapidly due to the country's strategic location between Southeast Asia and China, as well as its favorable business environment and government support for the tech industry. Additionally, the country has a young and tech-savvy population, with a high demand for digital services. However, challenges such as limited infrastructure and internet connectivity still exist. This unique mix of factors has created a dynamic market with a focus on innovation and growth potential.

Underlying macroeconomic factors: The Data Center Market in Cambodia is also impacted by macroeconomic factors such as the country's economic growth, government policies, and investment in digital infrastructure. With a growing economy and increasing investments in technology, the demand for data centers is expected to rise. Additionally, the government's initiatives to improve digital infrastructure and create a favorable business environment for the technology sector are driving market growth. However, challenges such as limited access to financing and skilled labor, as well as political instability, may hinder market growth. Overall, the market is expected to benefit from the country's improving economic conditions and government support for the technology sector.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.