Despite regulatory challenges in developing large-scale data centers in South Korea’s Seoul Metropolitan Area, total server facility capacity is projected to surge to 3.2 gigawatts by 2027, marking a 2.4-fold increase from 2023, according to Savills Korea. At the same time, smaller-scale edge data centers in urban areas are gaining traction to serve industries demanding lower latency, such as AR/VR, autonomous driving, IoT, and OTT services.
As the largest data center market by revenue in the Asia Pacific region, Japan is expected to grow at a rate of 10.8 percent by 2027, according to JLL. Global players continue to expand their portfolios in Japan to capitalise on the trend of local companies and government agencies migrating their IT workloads to cloud data centers, including ESR’s $2 billion flagship data center project in Osaka.
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- Diarmid Massey, CEO, Data Centres, ESR
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- Phillipa Weber, Business Development Director, Data Centres, Gaw Capital Partners
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- Jingwen Ong, APAC Research Manager, DC Byte
To conclude Mingtiandi’s Data Centre Forum 2024, sponsored by Yardi, MTD TV is proud to present a panel focused on opportunities in Japan and Korea. Top experts will share insights on the investment landscape, operations, and meeting client requirements in North Asian markets.
Date: Thursday 17 October 2024
Time: 10:00 AM – 11:00 AM HKT (Online)
Speakers
- Diarmid Massey, CEO, Data Centres, ESR
- Phillipa Weber, Director of Business Development, IDC, Gaw Capital Partners
- Jingwen Ong, APAC Research Manager, DC Byte
Live Q&A with Panelists
Immediately following the interview, Mingtiandi’s team will moderate a live question and answer session in which attendees can quiz the speakers on their market outlooks and get direct insights from some of the region’s top names.
This event has passed. Please click here to view the recording.
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