Data center capacity in operation and development pipeline APAC H2 2024, by market

As of the second half of 2024, Greater Tokyo's data center operational capacity reached approximately 1,136 megawatts (MW), with an addition of about 223 MW under construction, and 1,568 MW planned for development. In comparison, Ho Chi Minh City had around 25 MW of data center capacity in operation, and about 70 MW in the development pipeline. Although data center capacities and expansion paces vary among metro markets in the Asia-Pacific (APAC) region, the region as a whole is experiencing significant growth, positioning it as a key player in the global data center landscape. 

Rapid growth in emerging APAC data center markets 

While APAC’s mature metro markets like Tokyo, Singapore, and Sydney remain important for capacity development, emerging data center markets in Southeast Asia, including Johor, Jakarta, Manila, and Bangkok, are growing at a faster pace. For example, driven by growth in Johor, Malaysia’s data center capacity was forecasted to grow at 185 percent between 2023 and 2026, compared to around 36 percent for Japan. These rising metro areas are attractive to investors seeking secondary regional hubs, offering lower land and power costs, improved connectivity, and supportive government policies.  

APAC markets compared to other key global data center markets 

Leading APAC data center markets like Tokyo and Singapore each boast over one gigawatt (GW) of live capacity, though they still trail behind Northern Virginia - the largest data center market in the U.S. and globally, with more than 2.9 GW of capacity. In Europe, London leads in data center inventory with just over one GW, followed by Frankfurt at around 845 MW.