Data Center - Myanmar

Myanmar

Revenue in the Data Center market is projected to reach US$130.60m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$71.95m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.92%, resulting in a market volume of US$164.40m by 2028.
In global comparison, most revenue will be generated in the United States (US$99.16bn 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.

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Myanmar is experiencing significant growth and development due to several key factors.

Customer preferences: Customers in Myanmar are increasingly demanding high-quality and reliable data center services to support their digital transformation initiatives. With the rapid growth of the digital economy, businesses are generating and storing large volumes of data, requiring robust infrastructure to ensure data security and accessibility. Additionally, customers are seeking data centers that offer scalable solutions to accommodate their evolving needs as they expand their operations.

Trends in the market: One of the key trends in the Data Center market in Myanmar is the increasing adoption of cloud computing services. Businesses are recognizing the benefits of cloud-based solutions, such as cost savings, flexibility, and scalability. This trend is driving the demand for data centers that can provide the necessary infrastructure to support cloud services. As a result, data center providers are investing in expanding their capacity and capabilities to meet the growing demand. Another trend in the market is the focus on energy efficiency and sustainability. Data centers consume a significant amount of energy, and there is a growing awareness of the environmental impact of these facilities. Data center providers in Myanmar are implementing energy-efficient technologies and practices to reduce their carbon footprint and operating costs. This includes the use of renewable energy sources, such as solar power, and the adoption of energy-efficient cooling systems.

Local special circumstances: Myanmar is experiencing rapid economic growth and urbanization, which is driving the demand for data center services. As businesses expand and digitalize their operations, there is an increasing need for reliable and secure data storage and processing facilities. Additionally, Myanmar is strategically located between India and China, making it an attractive location for data center providers looking to serve the growing Southeast Asian market. However, the Data Center market in Myanmar also faces some challenges. The country has limited internet connectivity and infrastructure compared to more developed markets. This can impact the performance and reliability of data center services. Data center providers need to invest in improving the country's internet infrastructure to meet the increasing demand for high-speed and reliable connectivity.

Underlying macroeconomic factors: The growth of the Data Center market in Myanmar is supported by favorable macroeconomic factors. The country has been undergoing political and economic reforms, attracting foreign investment and driving economic growth. These reforms have created a conducive business environment for data center providers to operate and expand their services. Additionally, the government has recognized the importance of digital infrastructure and is investing in improving the country's internet connectivity and promoting the development of the digital economy. In conclusion, the Data Center market in Myanmar is experiencing significant growth and development due to increasing customer demand for high-quality and reliable data center services. The adoption of cloud computing services and the focus on energy efficiency are key trends in the market. However, the market also faces challenges related to limited internet connectivity and infrastructure. The growth of the market is supported by favorable macroeconomic factors, including political and economic reforms and government investment in digital infrastructure.

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.